POLITICAL NOTE: Cash for Chicago

The millions which Chicago owes its employes were actually in hand last week. Between 43,836 policemen, firemen, teachers, nurses, clerks, other public workers and their first pay day since Jan. i stood only minor technicalities of law and finance (TIME, Feb. 10). To the patriotic urgings of Philip Ream Clarke, president of Central Trust Co. of Illinois, famed cash collector, the city's good citizens and corporations generously responded by purchasing the city's tax warrants.

When Chicago politicians capitulated to Silas Hardy Strawn's "Citizens' Rescue Committee" and appealed for $74,000,000 to tide the...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!