"We might have to close the City Hall," mourned sad Mayor Anton Joseph Cermak of Chicago last month, when $140,000,000 in back revenue was snatched away from the city by the invalidation of the 1928-29 Cook County tax rolls. Last week Chicago's three-year-old fiscal chaos reached a newer, graver crisis. The doors of the City Hall were never so close to clapping to.
Insensitive to their chief city's quandary, the General Assembly adjourned until April 19 without having passed the measures necessary toward funding Cook County's tax delinquencies. The county was in technical default of $1,868,400. Failure-to-pay of three interior governments (West...
To continue reading:
or
Log-In
