Show L SYNDICATE HAS TO 10 1 HElP O Agent gent on Way to Make Offer for Purchase I i of Tax Notes H 4 I r CHICAGO Feb 13 AP AP Herald and sald Ead Herbert C. C Heller Now New York investment banker backer was coming to Chicago today today to- to day dllY to purchase worth of ot City Lity tax anticipation warrants Th The newspaper said ld Heller HelIer represented represented rep rep- resented a a. banking syndicate and that ho had arranged a 3 conference with writh Georgo George IC Schmidt city controller r. r to submit his offer otter Heretofore city officials have hao es- es es estimated d they could legally borrow 7 OOOO on the 1930 le levy but the Holler Heller syndicate ate Is prepared to in- in dorm Schmidt It prefers to buy worth of warrants wan the newspaper r said Mid HIGHER SUM NEEDED It has baa b been en estimated th that t tho the would ouId operate the ho city I government until July but this merely would leave tho the elt cRy city facing another crisis With Iti it was oM i ai pointed out expenses could be benot benot not until next t. December by which time It was expected tho the 1928 taxes will bo be In tho the treasur treasury While pa payless less anxiously tho outcome of or this new newhope hope lope it Jt was disclosed that Mayor Mayot Halo Uno Thompson and the tho citizens citizens' relief reller were as asar asfar asfar far ar as s ever from accord on a a. relief program Silas H. H Strawn chairman of oC tho the tellef group sUll still insists that his committee can loan only enough noney to pay empo of or necessary departments while Mayor Thomp- Thomp eon refuses to agree eo to an any plan that does not include pay checks for lor every overy city CALLED PIPE DREAMS In the tho mayors mayor's office in tho the city hall balI reports that Thor Thompson had agreed to the Strawn plan were termed pipe dreams Meanwhile those aldermen who ho favor tavor adhesion to the Stra J plan of ot relief are expressing indignation that Mayor Thompson continues to ignore the council order l passed ed nine nino days das ago which instructed the city Administration to cooperate with the tho Strawn committee One alderman John J. J Bathhouse John ohn hUn who favored Mayor Thompson In his veto of or the reduced budgets said There Thero is nothing offensive e to toine tome ine me In going Joing to Strawn I earnestly earnestI scant ant the to get their pa pay and nd I am am in favor of or selling tax Warrants arrants over o the tho counter |