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2/ a large fund for the direct support of teachers, & desires, as I am semi-officially informed, to receive applications from each Assistant Commissioner for say $10.000 or $15.000 to be used in this way the coming year.

Our Association finds itself now nearly $100.000 in debt.  We must either reduce our force one-half, or secure assistance equivalent to this deficit while we are paying it up.  I am happy to say that less than a tenth of this deficit has been created in their Dept.; but indirectly