Bankers Word Misuse Spurs Call for Safe Guards in Illinois
A Chicago editorial urges Illinois lawmakers to prohibit use of the words bank or banker by unlicensed firms to protect honest banks. It cites Mason Bank’s collapse as proof of misleading practices and urges passage of a law requiring state or federal regulation for any entity using banking terms. The piece notes long advocacy by William Washburne and calls for legislative action to restore public confidence amid political and fiscal tensions.
MENTIONED IN THIS ARTICLE
Illinois
Chicago Eagle
General Assembly
Hempstead Washburne
The
Hibernian Banking Association
Chicago Tribune
Washburne
William A. Mason
Wilson Avenue
Chicago
J. W. Clarke
Springfield
Chicago Telephone Co Sees Country Gains Prompt Higher Rates
Chicago Telephone Company reports most gains come from rural service with nickel a day phones rising. President Bernard E Sunny notes suburban rents lower than city, expenses higher, and cites city experts' fixed cost figures. Trust accuses city government opponents of domination and extortion while Illinois Tunnel Company meets ordinance terms amid graft concerns.
MENTIONED IN THIS ARTICLE
Bernard E. Sunny
Chicago
PHONE SLAVERY IN CHICAGO AS BELL MONOPOLY SEEKS RATES HIKE
A Chicago editorial attacks the Bell Telephone monopoly and its control of the local line and Western Electric. It argues rates must fall, not rise, citing eight percent dividends on large capital, calls for government seizure of patents, and demands aldermen to require a five year rate review and public ownership measures. The piece warns if rates rise, the city faces intensified pressure from a powerful trust. It references J Ogden Armour as benefiting from current arrangements.
MENTIONED IN THIS ARTICLE
Telephone Trust
Chicago
J. Ogden Armour
Chicago Telephone Company
Bell Telephone Company
Local Telephone Company
Western Electri Company
Western Electrical Company
Western Eletrical Company
Bell Telephone
Bell Monopoly
Seyferlich
Telephone
Also Mentioned on This Page
Telephone Company
John E. Traeger
Alexander H. Revell
Roosevelt National Committee
Peoria
National Citizen's League
Revell
National Monetary Commission
Go Daily
Jai Rivers McNeill
Congress
Edward F. Dunne
Washington
Lincoln
Harvey W. Wiley
Civic Federation of Chicago
Illnois
Chica
B. A. Eckhart
EB. W. Bailey
D. N. Barker
Conway
George W. Dixon
Mitchell Follansbee
Frank Hamlin
Albert W. Harrie
Henry A. Haugan
Jackson
Noble B. Judah, Jr
A. B. Kuppenheimer
Rollin Keyes
Frank J. Loesch
Murray Nethon, Jr
James A. Patten
Charles Piez
Illinois Tunnel Company
Grafters Union
Illinois Tunnel
Bell
Bell Company
Chicago Daily News
National Senate
Interstate Commerce Comittee
Kenyon
Rae Company
City
Bank
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