Chicago, Feb. 28.
The first contingent of Chicago's 40,000 city employees to-day received pay cheques from the Citizens Reserve Committee, which under direction of the lawyer, Mr. Silas Strawn, raised G.$50,000,000 to assist the bankrupt municipality.
Many of the employees had not been paid for months, due to technical difficulties in ' collecting taxes and refusal of bankers to purchase more tax warrants drawn against future collections.
In some instances the employees have borrowed money at an interest rate of 10 per cent. a_ month, and the question of extortion hi accordingly thrust itself into the troubled situation—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.