Show CITY CHi UR D TO I rUT PUT TAX ON N NI I MERCHANTS Treasurer Declares Sinking Fund Requires Resumption tion of Plan The merchants' merchants license tax abolished abolished abol abol- I hed a few months ago ago by the city I commission may be revived if Jt the I commission acts favorably upon the recommendation of ot R. R N Young city treasurer who states that the bond sinking fund requirements demand that the city shall raise more revenue In 1916 and 1917 the merchants' merchants li license license li- li cense tax provided a revenue of 35 35 a year to the city Miscellaneous licenses In 1916 provided d for a revenue revenue revenue reve reve- nue of and in 1917 1911 83 OO Excluding Excluding Ex Ex- eluding liquor licenses but taking Into account the m merchants merchants' license tax 10 was vas realized by the city In 1916 and in 1917 Last year according to Mr Young the total amount received In license taxes was only Mr Young says that there thero is a pressIng pressing pressing press press- ing need to raise additional money lIe He asserts that the reinstatement of at the i merchants' merchants license tax will help the city to solve Its financial problems and states tates that a law providing for the imposition of the tax may be made more equitable than the one that was quashed by the commission when the merchants protested |