Of the city's obligations, it is clear that the city's ability to pay should say her ability to continue to pay. It is clear that the city's ability to pay should be considered. It is clear that the city's income should have been about $100,000,000, and that the public should have a fund to pay for the improvements. The committee in its report, which would advocate an additional tax upon the already overburdened real estate of the city, in order that the city's business might be carried on. The city has just lost nearly $100,000,000 by the proposition law, and about $50,000,000, or perhaps more, by the $10,000,000 reward to merchants' tax on capital, the inference between 30 cents and $1.10 on the $10 will have to be returned to the merchants for the year 1911, and to this loss will be added a like loss for this year. However, which has been counted on by the Finance Committee, it will not be necessary to say that the city's finances are in a fair way to be managed by the city's financial institutions.  I received. These facts ought to be a sufficient warning to our city fathers. If they have the interest of the city heart, to go slow in adding more burdens to the already overburdened City Treasury. 