Word: fiscales
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Dates: during 1930-1939
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Chicago's fiscal fix last week began to involve the state of Illinois, which derives 60% of its income from the city. Long-legged Governor Louis Lincoln Emmerson went to Chicago with fire in his eye. His complaint: Cook County owes the state $30,000,000 in back taxes. Illinois defaulted on a $300,000 waterway bond issue due Jan. 1, averted serious trouble only by persuading bondholders not to present their certificates for redemption. The state may _ be' unable to meet soldiers' bonus bond's due Aug. i. or to pay $4,856,602 due the Cook County School...
...Last fiscal yar the U.S. jailed 11,192 convicts. Largest class: dry law violators, 3,389. Other imprisonment: 2,234 under Harrison Narcotic Act; 1,515 under Dyer Automobile Theft Act; 903 under postal laws; 236 under Mann...
...fiscal sketch of precisely how the Hotel Biltmore makes its money...
Before the City Council last week appeared Chicago's Mayor William Hale ("Big Bill") Thompson. Sweepingly he vetoed two-thirds of the lean budget. Sweepingly he absolved his administration of blame for the fiscal fix, put the blame on real estate revaluators.* Generously he proposed a budget greater by $6,313,000 than Chicago's estimated 1930 revenue, demanded reinstatement of 1,502 employes. Galleries crammed with jobless Thompson men roared with applause when the City Fathers failed to override this program...
...nearly a week Chicago had been shy 473 policemen, 224 firemen, 1,400 other employes. Alarmed citizens forecast dire results: uncollected garbage, unshoveled snow, unquenched fires, uncaught criminals. Underwriters spoke of higher insurance rates. To thicken the fiscal fog. however, City Treasurer Charles S. Peterson, self-styled "Custodian of the City Deficit," reported that there was no money in the treasury to meet a Jan. 20 payroll...