Mayor Hoan Answers Critics
- [Milwaukee: Socialist Party, 1933?]
[Milwaukee: Socialist Party, 1933?]. Single sheet, 9" x 24", folded to 9"x6", 10pp. Mild toning to margins; Very Good.
Transcript of an extemporaneous speech delivered by Milwaukee's Socialist Mayor Daniel Hoan, answering attacks against his administration's decision to issue city-backed bonds (here called "scrip") rather than borrowing cash to address its outstanding budget deficit. The bonds were issued in six series between 1933 and 1938, and have been credited with saving the city from bakruptcy during the worst years of the Great Depression. Hoan (1881-1961) served as Milwaukee's mayor from 1916 to 1940, still the longest continuous Socialist administration in American history. This a rather uncommon remnant of Milwaukee's socialist past; not noted in commerce, with ten catalogued examples in OCLC member institutions.
Transcript of an extemporaneous speech delivered by Milwaukee's Socialist Mayor Daniel Hoan, answering attacks against his administration's decision to issue city-backed bonds (here called "scrip") rather than borrowing cash to address its outstanding budget deficit. The bonds were issued in six series between 1933 and 1938, and have been credited with saving the city from bakruptcy during the worst years of the Great Depression. Hoan (1881-1961) served as Milwaukee's mayor from 1916 to 1940, still the longest continuous Socialist administration in American history. This a rather uncommon remnant of Milwaukee's socialist past; not noted in commerce, with ten catalogued examples in OCLC member institutions.