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Newspaper
Scranton Tribune
Location
Scranton, Pennsylvania, United States of America
Date
Feb 07, 1895
Page
4
The message extols a city with a 1894 population of about 103000 and 20590 registered voters. It highlights cheap electric power, strong school assets valued at 750000, 12000 children, and a banking base of 10000. It claims a steady population rise since 1860 and notes salaries fell prior to a Joint councils meeting.
The joint estimates committee trimmed 22 000 from 295 693 75 asked by city departments amid budget shrinkage. Critics fault delaying paid fire protection and library funding saving about 40 4 0 while risking higher insurance costs and reduced educational value. The piece questions per capita savings versus public safety and library access.
The article weighs Thomas Reed's currency scheme to issue short term 3 percent bonds and 2 year notes redeemable in coin to fund current expenses. It argues the plan preserves the gold reserve, allows a popular loan, and rebukes extreme positions on silver, while noting its limits and political uncertainty under a Democratic administration.
Congress considers House Bill 68 by Representative E. J. Dunphy New York city to fix postal service pay inequality by classifying clerks and tying rates to the postmaster salary First class offices start clerks at 600 dollars annually with 100 dollar annual increments to follow.
Philadelphia Inquirer notes the legislature will set a forest policy with Governor Hastings backing the measure. Amendments limit forest rules to adjacent cultivated farms. The bill passes second reading, heading to final passage next Tuesday.
Philadelphia Record argues Reed's substitute for the house bonking and currency bill offers no currency solution but provides a straightforward plan to steady public credit and protect the gold reserve. It urges a businesslike stop-gap route for the treasury during the current financial strain.
Syracuse Post reports ex-Speaker Reed as Republican leader preparing a simple bill to meet the financial emergency in Washington. The plan, described as plain and easily understood, aims to alleviate the crisis and may surprise readers with its straightforward approach.
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