National Affairs: City Costs

Accountants of New York City pointed with pride to their balance sheet for 1927. It had cost $1,080,135,266 to run and improve the city for twelve months. This was $176,000,000 less than the total cost of running all Italy in 1927. It was almost twice the entire Belgian budget. It equaled about a fourth of the U. S. budget. . . . The second-largest U. S. city, Chicago, last week approved for 1928 the largest budget of its history—$243,282,923.

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