BANKRUPT CHICAGO.

Wairarapa Age, Volume XXV, Issue 10713, 21 April 1913, Page 7

BANKRUPT CHICAGO.

Chic-ijib (sav-s the New York correspondent of t)i-o Daily 'J elee;rap!i.) is in the ti'j'liti-st .financial hole it hi-: experienced sine;- the days of the Liu: .lire of 1871. The metropolis of the west is bankrupt. The eity i s so hard pushed for tjin.ls that it'is paying the municipal employees only 80 per cent, of their salaries, while as to other expen;-:--, outside fixed chari-os. it is paying only 7D c-nts in the dolliii". The new public improvements, loi - which "it was proposed to issue bonds, have been temporarily abandoned. No money 'is available for new equipment for the fire department, and consequently the ■firemen in some districts have to run to fires with engine.-- so dilapidated that the men fear the apparatus will fall to pieces. The police department is pressed* for money, the health department has lieetf pared down, the street Heaninsr is nil i.o the marrow, mid all the agencies lor seeuriiifr , munieifial cleanliness and protection are .cramped lor funds and impaired m service. Despite all this retrenchment f'hica<2;(> faces a deht of £IOO,OOO, which must he paid out of its corporate funds. \\' the Legislature does not. come to the rescue bv repealing one law and enaet-in-j; a bond issue law. Chicago will yo into th(> hands of receivers. * And to cap evervthin;.r, Chicago, accord in. <s to \e.\v York's vice iii(|iiiry. i:: "the ivorsf citv on earth.'"