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Show PLI TO CUT REIT PROFITS Graduated License Fee Said to lave Been Success in San Francisco j CHICAGO, Aug. 7. Landlords will pa .m e, prufim tax In the form if graduate license fees to the eit if ja plan formulated today by Alderman I A. J. Germak Is given legislative Indorsement In-dorsement 'Such a license system has caused i San Francisco rent profiteers to pull In their horns," Alderman Germak I said. j Another proposed solution to the high cost of renting is being attempted by members of tb- Olivet Baptist church here. A charter was granted at Springfield today for a corporation to be known as the South Park Baptist Community Flat Owning corporation Olivet Baptist church. "We have already bought two six flat buildings, and our stockholders will occupy them," said the Rev. L. K. Williams, one of tho Im-orporators. nn |