This Day In History: 1934-02-15
Two officials from the Waldwick School Board appeared before the Waldwick Mayor and Council to ask them to request a loan from the state to pay their teachers. Edward R. Pfitzner, Clerk and H. G. Honig, attorney, explained that the Township owed the School Board $11,000 and the State owed them $7,000. The teachers had not been paid for two months and bills were owing for a year or more. They were hoping to ask for a loan of $2,728.60 from the Delaware Water Bond issue of the state to meet the payroll and pay the most pressing expenses. The problem stemmed from the inability of Waldwick to collect taxes from its citizens because of the Depression. The State Education Department was required by law to withhold education funds until State and County taxes were paid. Attorney Honig was attempting to draft a sort of note which he hoped would satisfy the State enough to release the money, and pay part of the backpay for the teachers. The Mayor and Council approved the request and voted an emergency grant of $700 from their meager funds to get something in the pay envelopes of the faithful teachers.