How would you write the following lines in a simpler way,how would you paraphrase it and explain what it means?

"He has tonight earned an eminent place in the roll of the benefactor of our town; and he is worthy of many imperishable songs...But why, O People... why do I get all your blame? For what fault am i to be deposed? Who aroused the dragon from his slumber, I might ask? Who obstained of us rich gifts and ample help, and led us to believe that old songs could come true? What sort of gold have they sent down the river to reward us? Dragon-fire and ruin! From whom should we claim the recompense of our damage, and aid for our widows and orphans?"