The Finances of the City of New York (Classic Reprint)

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Excerpt from The Finances of the City of New YorkFor the sake of clearness, I have treated the subj ect under four separate topics, viz. (1) scientific budget-making, (2) the system of taxation, (3) the administration of the city debt, and (4) the control of revenues and expenditures under the new system of aeéo-unting. All of these separate parts are, however. Linked together into a continuous chain of logical reasoning, as clearly indicated in the introductory chapter. My chief disappointment. Is that although I have succeeded in treating the various phases of the subject as a unit, I have failed to describe fully the whole financial situ ation. This has been due in part, I must confess, to the fact that with so many factors to be taken into considera tion, my mind has failed to comprehend all or perhaps even the most important of them. This failure occurred, not withstanding the great encouragement of my major pro fessor, Professor Edwin R. A. Seligman, who has not only given me valuable suggestions as to the improvement of my work, but has also kindly arranged to have the Series bear approximately eighty per cent of the total cost of printing this book. To him, therefore, is due my most cordial ack191] the author's preface 7.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.