The Finances of New York City

Cover The Finances of New York City
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Unfortu- nately it is impossible to answer fully and accu- rately.
General opinion is certainly, for the most part, fairly favorable as to the character and work of the board. It never meets the ridicule, seldom the denunciations, so freely heaped on the aldermen. Indeed we should naturally expect this superiority. In the first place, the board of estimate is com- posed of the most prominent officials of the city. Three of them — the mayor, comptroller, and presi- dent of the aldermen — are cho
...sen directly by the people, and no party quite dares to put up for these positions mere ward heelers. Even Tam- many Hall has given the city some well-respected members of the board. The fact that all its mem- bers have such great powers, both in their sepa- rate departments and as an appropriating body, naturally draws to it a higher class of citizens than seek the feeble power now belonging to an alderman. On the other hand, the members of the board itself have comparatively little direct interest in the appropriations ; the criticism which was so pertinent regarding the body as composed under the Tweed charter no longer applies strongly.

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