OCR Interpretation


The day book. (Chicago, Ill.) 1911-1917, August 07, 1915, LAST EDITION, Image 4

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1915-08-07/ed-1/seq-4/

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FIGURES SHOW VALUE
REALTY WHILE STORES
OF STATE STREET
CRY FOR TAX CUT
The big State street stores ask a
tax cut They will get an answer
from the board of review soon.
State's Att'y Hoyne's men are
watching. They are wondering
whether James Simpson of Marshall
Field & Co. and D. F. Kelley of Man
del Brothers will be able to get the
sort of reduction last year granted by
the board of review to bankers who
came in headed by George Reynolds
of the Continental & Commercial and
got a 15 per cent tax cut after pull
ing a long face and whining about
bard times.
A Day Book man today asked Tom
Webb, wholesale coffee merchant,
who is chairman of the board of re
view, about a rumor that the board
would take up the State street stores'
tax cut behind closed doors.
"Everybody who is interested can
be present when we hear this mat
ter," said Webb. "There will be no
closed doors. The state's attorney's
office, the Cook County Real Estate
board or any one else is invited to
come."
Here are assessment figures on
some of the highest priced pieces of
land on earth. Every four years, ac
cording to tax laws, the assessors and
board of review fix these land values
per front foot And they are not
changed again for four years.
Marshall Field & Co., State st, east
side, Randolph to Washington 1911,
$10,000; 1915, $11,000.
Mandel Brothers and Charles Ste
vens, Washington to Madison 1911,
$12,000; 1915, $13,000.
Carson, Pirie, Scott & Co., and
Monroe to Adams 1911, $11,000;
1915, $12,000.
The Hub, and Adams to Jackson
1911, $11,000; 1915, $11,500.
Rothschild & Co., north end be
tween Jackson and Van 6uren-1911,
$7,500; 1915, $8,000; south end, 1911,
$6,500; 1915, $6,500.
Siegel-Cooper's Van Buren to Con
gress, north end 1911, $5,500; 1915,
$5,000; south end, 1911, $5,500; 1915,
$4,000.
Hillman's and Boston Store, Wash
ington to Madison 1911, $12,000;
1915, $13,000.
The Fair, and Monroe to Adams
1911, $11,000; 1915, $12,000.
, o o
POLICE BLOCKED FIGHT ON
SEERS, SAYS PROSECUTOR
The police department came in for
a terrific scoring at the police graft
trial today when Asst. State's Atty.
John Fleming opened the closing ar
guments for the state.
Incident to asking for a conviction
against Detective Sergts. Walter
O'Brien and Wm. Egan, he spoke in
such harsh words of the police that
attorney for the defense tried to get
the court to stop him. The court
permitted Fleming to continue.
"The clairvoyants daily swindled
hundreds," said Fleming, "and when
an honest state's attorney tried to
get the crooks he was hampered by
the police. Then rendered him no as
sistance, only got in his way."
"It took a strong and fearless man
to fight alone an organization like
the thieving crooks in the police de
partment" Fleming told of how the clairvoy
ant crooks were aided by the loop
newspapers which ran ads which
lured victims to a fleecing in their
parlors. Some of the people who
trusted to the ads and visited the
seers were fleeced of everything they
had.
It is not likelj; that the case will
reach the jury before Monday.
o o
Washington. With gold supply of
$2,006,399,539, this country has twice
aB much as any other country in the
world, treasury officials said today.
Gold and gold certificates in circula
tion and in banks is $1,662,797,786.
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