ALDERMEN REDUCE CITY'S 1934 BUDGET BY ONLY $3,604,264; Tammany Men Ignore Pleas for Economy and Adopt Total of $551,004,248. $20,934,248 FUNDS NEEDED McAneny Committee Offers Program of New Revenue to Meet This Deficit. $40,547,000 SAVING ASKED Baldwin's Minority Report Urging Job and Pay Cuts Is Rejetced. ALDERMEN REDUCE BUDGET $3,674,264
Bd of Aldermen adopts budget after cutting it by $3,604,264 in accordance with joint com rept