CRISIS IN CHICAGO
FINANCIAL CRASH MAY CLOSE HOSPITALS NURSES UNPAID United P.A. — 13y Telegraph—Copyright CHICAGO, Thursday. Details of the financial collapse of the city were disclosed today. The municipal employes, including school teachers, have six weeks’ wages due to them, totalling 11,276,000 dollars. No funds are available, and therefore attempts by the ci y to sell shortterm securities —namely tax anticipation warrants —totalling 8,000,000 dollars, for immediate funds, failed. No bank would underwrite them. The hospitals, particularly those housing tubercular patients, the parks, and the other most necessitous of public services are in danger of being closed. For instance, 1,200 nurses will probably leave shortly unless some provision is made for their pay.
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Bibliographic details
Sun (Auckland), Volume III, Issue 880, 25 January 1930, Page 9
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113CRISIS IN CHICAGO Sun (Auckland), Volume III, Issue 880, 25 January 1930, Page 9
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