FACING PROSPECT OF STARVATION

Timaru Herald, Volume CXXXVI, Issue 19091, 25 January 1932, Page 7

FACING PROSPECT OF STARVATION

FINANCIAL CRISIS IN CHICAGO ILLINOIS IN THROES OF DISASTER. United Press Association —By Electrio Telegraph—Copyright (Received January 24, 7.30 p.m.) * NEW YORK, Jan. 23. The Chicago correspondent of the “New York Times” states that the city of Chicago and the rest of Illinois, are experiencing one of the gravest financial crises in their history. Nearly 500,000 persons in the Cook County face the prospect of destitution within a week's time, and several down State communities are in the throes of ‘'moratorio,” and have almost completely shut down business activities. With available unemployment relief funds exhausted, actual starvation threatens 120.000 families unless aid is forthcoming by February Ist, and steps were taken to-day to convene the legislature for an emergency session next Tuesday, to deal with the situation, The ‘‘Daily News” to-day printed a “Hunger Call,” asking the people of the State to rally to prevent suffering. An appropriation of 20,000,000 dollars is needed, but the provision of this sum would leave a deficit of that sum in the State Budget. The towns of Urbana, Aurora and Mindora, have by mayoral proclamation, closed the banks, and all but immediately essential business houses, in order to restore popular confidence and prevent bankruptcies.