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trict bas just successfully coinpleted arrangements to, meet ail its july 1 bond and interest obligations on time. Fund& amounting to $77,680 were placed -in the hands of Frank A. Aù-ý drew, *township scbool treasur.er, early' this week for the purpose, of paying maturing' principal, and interest on portions. of. two, bond issues ,falling due at this time. Special interest attaches te, this rather.large eçieratien because of the long continued effort of the high school board of educationý té, keep inviolate the district's. high credit rat- ing. Although defaults' thèse da.ys are very common, any'material delay in paig. maturing obligations makes it just so much more difficui -t te accom- plis h niew borrowings when neces- sary., The present funds are thé pro- ceeds. of sales or tax anticipation warrants te the -Nortbern Trust coin-. pany, the Village of Winnetka and several loyal north shore investors.. Lt was only by means of these bor- rowings thai the obligations. could be met., And this because of.-the, large number of property owners in -the township who r nt paig their taxes. SLash Expenditures The fiscal year of the high school just ending bas witnessed very sharp cuts in expenditures, reductions -in teachers' salaries and the payment to teachers of only 50 percent cash on salaries and the remainder in tax an- ticipation warrants. No direct pro- ceeds from taxes went te meet- nor- mal expenses; instead. every cent ex- pended for school operation and pay- ments of funded debt came from- money borrowed through tax war-, rants'. Such tax. collections as were miade went to redeem anticipation ,warrants is:sued te operate the school in previous-years. This borrowing en- tailed an additional .expeniditure %of, about $25,000 in Warrant intferest for' the year-an expense wbich prciduced nothing ini education and could have been avoicled if tax collections had been normal. Members of the board' cf education of the district point out that the prôb- lem of maintaining the high schoql neXt ycar bas by1 no means been solved. Parents of pupils Who wilI at, tend New, Trier next year undoubt- edly will be asked to helpý the high school* authorities to provide facili- ties for their childrcn's education. Redeem .Additiontal N. T.* Tax Warrants* Holders. of Newý Trier. Township 1-1gh school 1931 tax anticipation Warrants, were reminded -again this week that :a block of these warran ts may be redeemed now by calling at the, office..of the township. treasurer, F. A.' Andrew, in the. Wilmette State bank. 'The warrants new be- ing redeemed are, educational fund warrants numbered from 6047 to 6842 anxd building fIn~d warrants number- ed f rom 5241 to, 5674. Tbey rep- reeta total of $18,133 in educa- tional fund warrants, and $7,580 in building fund warrants., 1A total of,$214,615 in 1931 tax au- ticipation warrants of the high scbool had already been redeemed before the caîl was issued for the presenta- tion at the office of the township treasurer of this last block of the 1931 warrants. There is still $235,798 in 1931 high school warrants out- standing. Ail of the 1929 New Trier High school tax warrants. have been re- denied, Mr. Andrew, the. township treasurer, states, but there is still $29,430.ini 1930 warrants of the town- ship high school outstanding. These 1930 warrants- have not yet been re- deemed because the. taxes covering them have flot been collected. BO0ARD MEIETS JULY'.5 The next regular meeting.of the Village board will be held on Wed- nesday, July 5, instead of Tuesday, july 4, on account of the Indepen-- dence day holiday. This was decided lection of thetax. Mr.. Van Deusen expl ained that the 2 percent impost, which is to go for. un-. employmnent relief until January 1 and thenceforth for the reduction of, prop- e rty taxes, is a state mneasure'and that local m nerchants in' collecting the tax ýmerely WilI. be actingas, a co1Iectioný agency for the state. There is no profiî toý the, merchants. No' general1 plan bas, been adopted in Wilmette as to the mannier_ of collec- tion, but it is expected that- most of the l ocal merchants will followi the. mttbid. which State street niakýhWts plàu to use. The> State street -merchants have, agreed to absorb 'the 2 ercent. tax to the extent of cbarging. ne tax on pur- chases of one cent te 25 . cents, inclu- sîve. The plan is to pass the sales.tax toteconsumer under the bracket. plan as follows: Sales of one cent to '25 cents, no tax; sales of 26 cents to 75 cents, in- clusive, a oeectent tax; sales of 76 cents to $1.25, inclusive, 2 cents tax,' and from thereon the tax will be arith- metically figured on a basis of 2 per- cent. Begin Union Summer Services This Sunday Union Sunday miornîng summer services. in which the congregations of' the Wilmette Baptist and First Congregatienal. churches will join, are te be launched'at the Congrega- tional church Sunday merning, july 2. Dr., George D. Allison, pastor of the Baptist churcb, will preach the ser- mon. Services 'during July will be held in. the Congregational churcb and during August in the Baptist chuirch, it is announced. GUEST FROM DECATUR Mrs. JEmily McDougal, 325 Abbots- * ford road, Renilworth,' has as her gtuest, her sister, Mrs. E. J. Brown of Decatur, 111. the climax of a three.day sale that merchants of the dit*t are holding. Announcement has beenmade that if it is necessary op -toethe car- nival on. account of ran,. thé event will be held Saturday night cf tbîs week instead cf Friday. 0f. particular interest, especiily, te the children will be the, doit bugg-y' parade and the pet parade. The bUsi- ness men in the vicinity cf thé IL* terminal are off ering liberal prizes to the winners in thé parade, compe- tition. T he doîl buggy parade, whith will be héld first, will start at 7:30 o'clock, it is announced,; and, will be. followcd immediately by the pet par-- ade. A street dance will close: the evening's festivities. It will be held in .Fourth street south of Linden avenue.ý Joey Barger's orchestra. will play. Mrs. E.* R. Stone, chairman cf1 the cominittee in charge of. arrangemenats for the carnival, is urging all chil- dren who want .te take part in the parades and who have not already registered te phone in their registra- tiens te ber immediately at Wi'lmette 1644. "There is still time toe enter the parades," Mrs. Stone said. Doil Buggy, Pet Parades Girls up te and including eight years of age will take part in the doîl buggy parade. The first prize is te be a large dol and the second prize a set o.f dishes. The judges, Mrs. Ernest H. Fteemnan, Mrs. C. D. Ewer, Mrs. Thomnas L. Grisantore,. Mrs. Artbur J. Dixon and Mrs. John D., Kinnear, will consider beauty and originality of display in choosing the winners, it is anneunced. The pet parade is for both boys and girls up to and including twelve years cf age, with a bicycle going te. tbe first place winner and a pair cf ËelIer skates to the second place Win- ner.. Postmaster Joseph E. Shantz, George1 Lusk, W. B. Robinson and A. S. Van Deusen, Jr.,' wiil be the judges._ Any one asseciated with the high scbeel may be heard te remarlc on the ireny cf the present situation. At this, writing neo oficial of the school will commit binscîf en the 'pros- pects cf geing ahead with even a partial completien cf' the sorely arDU rmo ~ Oa m .... ...à Rali Etate Section . .*4 Recr'sation JPage ....38 Society pages .8E Cali Wilmette 4300 ASK FOR AD-AKER coniLIIu inrLuI nU5A8 ayASU. %A85ci Zibble made the trip te Champaign and return by automobile.