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Saturday, Oct. 14 Tickets on Sale at Tommy AIRTH, INC. 619 Clark St., Evenston A. G. SPýALDING & BROS. 211 . State St., Chicago At Dyche Stadium Oct.21.........Indiana Nov. ..... inst Novei........Illinois Nov. 18........ Notre Darne' Nov., 25,..... >...... Michigan Season tickets for the five gamùes a t Dyche Stadi-um at $1O.O wich includes tax) are stili availabie in excellent loca- tions. Apply now for tickets to al individual gaines Address ail orders to Max Hayford, Ticket Manager. 619 Clark St., Evanston Gre. 0007. Tihere £8 f rec car-chccking service, at the. door.. The . MOMESTEAD 1625 HizmanAvenue; a few paces north of Davis Street at Soldier carry practically ami the tax Durden. In a comimunity like New TPrier township this did flot make much practical 'dif- ference ta anyane. Nearly every re-si- dent awned his home, and its value * was. reasonably in keeping with biis he dlone. T axation is very ipuch like thé multi- .plication table'~ Whén we first studied multiplication we. were taught that there were three numbers or sets aio ,pumrbers to a problem. The multipl cand was thenumber ta be multiplied: thé multiplier %vas the number by whicli we multiplied the mul1tiplicand; and the resuit was the product. In taxat ion the valuation placed on property (al called the assessed, valuation) takes the place of the multiplicand. The, tax rate is the multiplier. And the amout resulting f rom the multiplication is thé. amount, of taxes *ta be paid;. it ýcor- responids ta the product. Assesors Exceed Powers 'rheoretically, in order to_ prevent collusion and graft, the law contem- plates checks and balances in the tax- ing process, For instance. oane organ- izmtion called. the assessors determines the value of property for taxing pur- pboses. They have no taxing powerç wliatsoever; except as -they usurp or mlisuise authority, they are not supposcd ta he in the tax picture. They are sup- posed to find real fair values for real estate, persoxnal property and railroad .praperty and their duty, ends. there, However, in actual practice their poWer does iot end there, and it is làrgely hecause they elect ta read into their authority -something that is not there that we are ini our present kettle -of fisil ; T he assessors have taken advantage of' the f act that the tax rate, or multi- plier, by whiclh the assessed valuation is multiplied, is limiited by law. They have known that so long as. those off- ciais %vho have the authority to use the tax rate are* using it ta its maximum allowed bys law the assessors can in actual practice influencee taxes by ma- nipulating valuations up or down.; and tlie3 have not overlooked the oppor- tunity ta do so.. Thus the humble: tax- payer. has been '*ont to look priniarily tou the assessor to, fix the amount of taxes he mnust pay. Lauda Harbaugli Nov' in, some cases this undue exer- cise of authoritý is amnlv iustified in Conctrninq Tax Levies *Thuts far everything we hiave hiad to sav here hag been about the mnultipli- .cand. 1Let us turn to the multiplier, or tax rate. Al the 2taxing hodies are cago. 1 nere real estate bore a, neavy burden, and the possessor of znortgages, bank accounts, stock and bonds might go nearly f ree of taxes if he owried no. treal estate. What was reasonably fair f in New Trier was unfair in the big city. Eventually the real estate interests revolted, which we -ail know only too well. As in nearly ail revolutions, the disasters attending the, change were WO-rse than the abuses that were being corrected. The fact that there werle terrible -abuses does flot change the other fact that the defaults on principal and interest of bond*,issues,, the. inability of niunicipalities to raise money, the> non- payment -of teachers and other em- ployes,. the curtailment of school pro- gra'ms, the utter though niecessary waste in paying interest to. raise money through the, sale, of tax anticipation, warrants,-these aIl were direct, first- hand resuits of the tax-striking, which., is now causing the. révolution in tax- assessingý methods. And oddly enough, it is the pro fessionial.real, ,estte op- erator and. promoter vho has suffered most heavily ini this process. The Stoey of Mr. M&loDeý There is an interesting story in, con- nection- with -this situation that, shows very clearly 'just how the, snarl came about., It is. told by Oscar W.. Schmidt of Wilmette, Who vas couhty commis- sioner when the trouble started. Most-, peopfle know. that it was the 1927 real estate quadrennial 'revaluation that started the trouble. There were so many7 inequalities _in this valuation that real estate interests prevailed upon the Illi- nois. state tax commission to order an, entire new assessment. Now the job of assessing. a few .farms and modest town lots in any down-state county is neith- er very arduous nor expensive. But in, Cook county there are roughly a milý- lion two hundred thousand1 separate parcels of real estate to be valued. The funds to pay for this revaluation, had to he voted hy the: Counity board. Mr. Schmidt as otne . of the county budget makers became somewhat ýcritical of the amaunt of time and money it would take ta accomplish this tremendous job. William H. Malone, of Park Rid'*c, who f ailed badly. in a campaign ta he CHANDLER'S