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May 11, 1928

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Headlines from May 11, 1928

CITY ASKED TO FIND NEW INCOME SOURCE; Budget Survey Urges Special Assessments for Subways to Avoid Tax Rate Rise. NEEDS $61,200,000 BY 1933 Levies oo Gasoline and Business Advocated, With Greater Share of State Imposts. Would Open Fiscal Year July 1. Suggests Curb on State Tax. CITY ASKED TO FIND NEW INCOME SOURCE Recommend Tax on Gasoline. Special Assessments Advocated. Would Levy on Land Benefited. Would Revise Fiscal Dates.

By Unknown Author

Recommendations of Subcom on Budget, Revenue and Finance of (N Y City) Mayor's Com on Plan and Survey

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FARE ORDER SIGNED; BOND TERMS STAY RISE UNTIL MAY 28; Federal Court Makes Increase Effective, Contingent on Posting of $5,000,000. REFUND COUPONS ORDERED City Pins Hope on the Supreme Court, Where Relief From Bond Will Be Asked Monday. J.P. CLARKE NAMED MASTER McKee Resolution Urging Change in Federal Law in Rate Cases Like I.R.T.'s Adopted by Board. Bond Argument Monday. Vote to Memorialize Congress. 7-CENT FARE ORDER SIGNED BY COURT Provisions of Court Order. Conditions Are Set Forth. The McKee Resolution.

By Unknown Author

Statutory court order signed; bond terms stay rise until May 28; Untermyer and Craig to ask U S Supreme Court for relief from bond; provisions of court order; J P Clarke appt to take evidence; J V McKee's resolution asking Cong to limit power of Federal Courts in rate cases

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