January 30, 1941 -- Randall H. Cooper, executive secretary of the State Street council, asserts that redevelopment of Chicago's "blighted areas" is a necessity and that the Loop is "faced with more problems than ever before in its history." The continuing flight of families to the suburbs and the resulting loss of tax and business revenue had the merchants feeling blue. They would get bluer. The 1947 photo above was taken at Wells and Madison.
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