The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-06-14
Plan 7 Cent Fare

IL ID openly SAID C1aC the
city has entered into an agree
ment with the bankers to
raise the subway fare 2 cents
after the elections, in return
for the extension to December II OF
the loans which the bankers have
granted to the City. This has not
been denied by the City officials.
One of the questions hurled at the
Tammany Mayor, OBrien during the
open hearing was, do you still hold
the same position on the 5 cent fare
as you did before the elections?
The Mayor who has in the past
loudly protested his unyielding sup
port Of the 5 cent fare, this time re-
piled, do not ask me such ques-
tons"
1t is considered very significant
that of the two letters which the
Mayor exchanged with his bankers,
only one has been made public so
far.
Mayor Praised BY Bankers
AT one stage during the hearings.
Deputy Controller, Prial, defended
the necessity of the proposed 800
100000 taxes by saying, THE banks
want us to get this new revenue.
They have complimented the mayor
on this"
The city government has guaran-
teed to the bankers that $4,000 900
in new taxes will be raised before
December II, when the next payments
fall due. Since the proposed bridge
tolls, without the auto taxes, will
yield not more than 100000, the
City will have to raise $4,000 600
in some way if the auto taxes are
not put through.
About $12,OOO,O00 in new taxes has
already been proposed through in
creased fees in the various City de-
partments such as building, fire in
spections, advertising licenses. etc.
This leaves about s10,000,o00 to be
raised.
Demand Wage Cuts
The demand for more wage cuts
among the City employees, especially
the school teachers, is becoming
very strong among the rich realty
and auto interests who object to the
present proposed taxes as detrimen-
tai to their business. An increased
water rate. bridge oils, higher fees,
subway fare rise, and wage cuts for
the City's school teachers would Just
about guarantee the Wall Street
bankers their payments.
VIII Not Tax the Rich
The City has rejected all proposals
to tax the huge surplus in the city
banks and insurance companies.
The city has also refused to tax
the enormous real estate holdings
which are now tax-exempt Among
these are YMC.A., $50 900 900;
Y.W.C.A.. $4,000 900; Columbia Uni
versity, s75,ooo,ooo, and many similar
properties.
All Relief Cut
The city has cut all relief to the
bone. The Tammany Mayor OBrien
attempted to justify the new taxes
by claiming that they were neces-
sary to meet relief needs. 1t was
shown that his claim that the city
had spent $So,ooo,ooo on relief since
January was false less than s15,-
100000 having been actually dis
bursed. And most of these funds will
be made up by Federal and State APP
preparations.
During the first half Of May more
than $50 families were evicted. The
city has discontinued all relief rent
payments. 1t Is admitted that the
stopping Of relief to meet the pay
ments to the bankers brings over
10000 workers families with immedi-
ate eviction.
Today, the Board of Estimate
Chamber resounded for more than
five hours with the protests of rep
resentatives from scores of various
civic organizations. In no uncertain
terms, they all demanded that the
CITY officials reduss their agn s~os-