Show calamity bonds issue adds new i phrase to hoover panic and U unemployment nein nem crisis grand giand rapids michigan met the situation partly through thi ouli an issue of calamity cah bonds the michigan supreme court lining ruled that unemployment is a publio calamity calini its for foi velch emergency loins loans for various public projects all of which it ft Is said benefited and lied fied city while at the same time they sned saved the self hespect ot or the unemployed so successful was as the plan according to the report leport that ot of the bonds have been retire this la Is the first time line that void calamity has been used to charac cilie the present depression depletion and it Is predicted that tile the avoid will take a prominent place in the 19 1932 11 1 campaign 0 |