Your editorial (Aug. 6) on financial disclosure in the mayor's race made excellent points, but failed to address two others:

In stating that "it's easy to be for campaign finance reform when you know it's not going to happen," you let the responsible parties off the hook.

The Daily News should join with Sam Katz and keep up a steady drumbeat for the Legislature to act in the best interests of all Pennsylvanians, no matter the county or district.

Principle should not be guided by pragmatism.

Campaign disclosure is meaningless unless it is timely and complete.

Throughout this election, the Katz campaign has made timely and complete filings with the City Commissioners.

The same cannot be said for John Street's campaign.

Street's reports have required numerous amendments, filed weeks after the original due date (and attendant press scrutiny) because they lacked key information required by law to be disclosed. Street's failure to file complete campaign finance reports dates back to 1992 and 1993 when he neglected to timely report over $100,000.

The Katz campaign remains committed to full disclosure under all existing laws.

A Katz administration will press the General Assembly for legislative reform and enactment of more comprehensive reporting requirements and tougher penalties for non-compliance.

ROBERT S. BARNETT

Campaign Director

Sam Katz for Mayor