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Bulletin of the University of Wisconsin. Economics and Political Science Series Volume 4

Bulletin of the University of Wisconsin. Economics and Political Science Series Volume 4

Paperback

General World History

Currently unavailable to order

ISBN10: 1231232463
ISBN13: 9781231232460
Publisher: General Books
Pages: 146
Weight: 0.60
Height: 0.31 Width: 7.44 Depth: 9.69
Language: English
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908 Excerpt: ...See characterization In Buck, Milwaukee, 4t 253 fl. should state that the city clerk was later indicted by the grand jury for forgery, embezzlement, and conspiracy.180 In his public utterances the mayor was always plausible: economy is the keynote of all his inaugurals. We shall have to credit him with at least two laudable purposes: he was sincerely anxious, it seems, to put a stop to the practice of aiding railways, and he was also in favor of raising the assessed valuation to a more reasonable figure. But we can not excuse him for trying to act as the financial agent of the city, nor for trying to derive profit from his office by renting part of his business block for government offices.170 Disregarding the mayor's counsels, the aldermen in 1855 at once plunged into the work of improving the city. For the next three years, Milwaukee was governed by the heads of the council committees: the remaining aldermen spent their time and energies as street commissioners.171 At the same time the law seems to have been violated on many points. It was the current belief that some of the aldermen were secretly interested in contracts.172 The charter provision holding the aldermen responsible in case the ward revenues were exceeded was not enforced.173 The council neglected to levy a sinking fund till 1857.174 The five-year bonds of 1852 matured in that year, and to pay them, as well as the interest for the year, new bonds were issued, some of them, we are told, selling at 50 cents on the dollar.175 Owing to this great discount, all the new undertakings which had to be paid with bonds became exceedingly expensive. Meanwhile taxes increased from a total of $80,000 in 1854 to $312,000 in 1857.178 IThe crimes charged were probably not committed during the Cross admi...

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General World History