The Treasurer’s Secret
Tacoma city officials clash over financial transparency as a local treasurer refuses to disclose where public funds are being deposited.
The story, cleaned up
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Another attempt was made tonight in Tacoma to secure a report from City Treasurer Bogue in accordance with the law requiring a statement of where the city funds are deposited. Councilman Harris led the call for a showdown when the treasurer's report came in, but during a lively debate, an adjournment was secured. Bogue believes it sufficient to state how much money is on hand, and not advertise specific banks, claiming it might injure others. Many persons, especially those of populist leaning, demand a full report and hint that there is 'krug-gery' afoot. The report handed in tonight was not signed by Bogue.
“Bogue believes it sufficient to state how much money is on hand, and not advertise some banks and injure others.”
Public oversight of city funds remains a perennial friction point in Washington politics. The suspicion of 'krug-gery' (a contemporary play on graft or corruption) mirrors modern debates about municipal transparency and the influence of banking institutions on local governance.
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