Word: paid
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Dates: during 1930-1939
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Cause. No taxes have been paid in the city or county in 20 months, as the result of the 1928 rebellion of property owners against discriminatory assessments. While new assessments have been prepared, the city has starved. Customarily Chicago anticipates its tax revenue by issuing warrants up to 75% of its estimated income. After taking over $189,000,000 worth of these tax warrants, Chicago bankers refused to advance any more cash...
Effects. The city was threatened with the closing of schools where even unpaid teachers could not work without heat. Provision merchants talked of cutting off the supply of food to the county's charitable institutions unless back bills were paid. Civil employes drew on their small savings, borrowed on their property, went to moneylenders for cash at 10% interest per month. The police department announced that it would take no steps to compel its men to repay such usurers. City and county paymasters pondered the idea of paying off employes with the tax warrants, which the banks would cash only...
...American Museum, wrote George Washington in 1788: "I consider such easy vehicles of knowledge [magazines] as more highly calculated than any other to preserve the liberty, stimulate the industry, and meliorate the morals of an enlightened and free people." If the encouragement of sainted statesmen could have paid printers' bills and enlisted subscribers, the careers of early American periodicals would have made a less hectic story than they do.* More aptly did Noah Webster write in his American Magazine,? in the same year: "The expectation of failure is connected with the very name of a Magazine...
When famed singers like Feodor Chaliapin, Amelita Galli-Curci or Beniamino Giglo give concerts in Vienna they are usually paid $2,000 or $3,000 per appearance. When Al Jolson, mammy song singer, now vacationing in Europe, was asked last week by a Viennese manager to sing there, he replied that he would-for $5,000. Vienna refused the bargain...
...much money does a successful counterfeiting gang make? The machinery is heavy and expensive. A fairly numerous staff of passers must be paid. Also the amount of patience, time and care required- which might otherwise be spent in making money honestly-is great. But counterfeiters have their triumphs, however brief. Last week the Treasury at Washington and officials of the German and Swiss police came to a rueful conclusion. They think that a counterfeiting gang as yet uncaught has successfully placed in Central Europe at least $100,000 worth of spurious U. S. banknotes. They fear that the success...