Help Utilities and Public Relief in High Cost Era
A discussion on public utilities as essential to daily life and the need to grant relief. Samuel Insull cites large required spending on electric, gas, telephone, surface lines, and elevated roads to raise service standards, with 8 to 10 percent borrowing costs suggested. Bankers challenge the feasibility, noting credit strain and high rates, warning that utility stock investments face political risk and investor distrust.
MENTIONED IN THIS ARTICLE
Samuel Insull
Chicago
Insull
Commonwealth Edison Company
Peoples Gas Company
E. D. Hulbert
Merchants Loan and Trust Bank
Illinois Trust and Savings
Corn Exchange National Banks
David R. Forgan
National City Bank
Federal Reserve Bank of Chicago
Forgan
Chicago Telephone Property Worth 132 Million
John P. Alford, consulting engineer for Chicago Telephone, testified that reproducing the company’s holdings would cost 132 million dollars and take nine years under present conditions. The real estate is valued at 9 million, interest during construction at 11 million, and going concern value at 29 million. The hearing before Examiner Hugh Hunter addressed the need for higher rates to achieve a reasonable return.
MENTIONED IN THIS ARTICLE
Chicago Telephone Company
John P. Alford
Alford
Hugh Hunter
State Public Utilities Commission
Dawes Opposes Mixing Politics and Public Utilities
Charles G. Dawes, head of Central Trust, told the Illinois Public Utilities Commission that Chicago utilities suffer from political influence. He warned against letting politics drive utility policy, arguing the sector loses credit when entangled in public contention.
MENTIONED IN THIS ARTICLE
Charles G. Dawes
Central Trust Company
Gen. Dawes
Illinois Public Utilities Commission
Chicago
Forest preserve rent scandal entangles city hall ties
A Tribune report details low rents for forest preserve houses, with tenants paying as little as 4.17 and 10 dollars monthly. Olsen, Shulman Advertising vice president, lives in a cottage at 30 dollars while Alt seeks a 10 dollar rate and a renewal loophole. The board contemplates committee routing, with Olsen predicted not to be disturbed, as city employees’ residency and vandalism protection motives are debated alongside broader municipal ownership questions.
MENTIONED IN THIS ARTICLE
the Tribune
Forest Preserve
City Hall
Country Board
Oscar M. Olsen
Peter Reinberg
Olsen
Shulman Advertising Company
Fred B. Alt
Wayne Avenue
Alt
Lacey Tract
Jefferson
Dudley Pierson
Robert L. Taylor
Board of Eletion Commissioners
Civil Service
Scanlan Urged as State's Attorney Candidate
Judge Kickham Scanlan of the Circuit Court is favored by Republicans for State's Attorney. Campaign boosters tout his strong GOP vote record in primaries and elections, arguing he would continue his winning streak in the race.
MENTIONED IN THIS ARTICLE
Kickham Scanlan
Circuit Court
Peabody Decorated by Italian King During War Service
Francis Peabody head of Peabody Coal and former United States Fuel administrator in the war has been decorated by King Emmanuel of Italy. The news comes in a letter to Mr Peabody confirming the honor.
MENTIONED IN THIS ARTICLE
Mr. Peabody
Italy
Francis 8. Peabody
Francis Stuyvesant Peabody
Coroner's Friends Say City Hall Crowd Will Back Fourth Term
City hall supporters claim the coroner will be kept on the state ticket for a fourth term while Mayor Thompson's Republican allies in Cook County push a full slate of new county incumbents to satisfy calls for renewal. In country towns, votes show Hughes support and Republican alignment with Hoffman.
MENTIONED IN THIS ARTICLE
Peter M. Hoffman
Hoffman
Cook County
Thompson
Hughes
City Hall
Republican Party
Ceived
Dunne Returns From Europe After Legal Work
Former Illinois Governor Edward F. Dunne came back from France and England after a month on legal business tied to the Field Peggy Marsh will dispute. He said new depositions and affidavits will be filed in Chicago, but the case stance remains unchanged. In London he met Miss Marsh, mother of the Henry Field heir, and praised France’s reconstruction progress while noting not discussing Irish questions and the care of American graves.
MENTIONED IN THIS ARTICLE
Edward F. Dunne
Illinois
France
England
Peggy Marsh
Dunne
Chicago
London
Chicago wards to be redistricted by council committee
The revenue, compensation and elections committee chaired by Alderman Anton J. Cermak began redistricting Chicago’s 35 wards on Thursday afternoon. This ten year gap in ward line changes signals a political field day for aldermen and precinct leaders, with shifts potentially ending some careers and boosting others. Cermak also states he will spend no more than $0,000 on the process.
MENTIONED IN THIS ARTICLE
Council Committee On Revenue, Compensation and
Ald
Anton J. Cermak
Cermak
Redistricting Challenge Pinpoints Ward Population Gaps
The article notes ward populations vary greatly under the 1916 census figures. Ward Twenty seventh holds 110,650 people with 42,723 voters, while First ward has 46,701 people and about 15,000 voters. Law requires population basis for redistricting, making equal voter counts hard to achieve. In Twenty fifth ward 95,541 residents yield 47,070 voters versus Seventeenth with 68,542 people and 7,317 voters.
Surface lines extend six cent fare to June thirtieth
After a public utilities commission conference with Chicago street railway officials and special city counsel, the six cent fare extension covers May 1 to June 30. The commission said surface lines cannot meet expenses at five cents and lack profit. City must present its case by May 20 and companies answer by June 10. Revenue rose $751,632 in February year over year, but debts and bond interest negate profit gains. Poles wires fittings valuation by the city appraiser trails the company claim by about $1 million, while track value trails by $42,000.
MENTIONED IN THIS ARTICLE
Public Utilities Commission
Chicago Street Railway
Chester E. Cleveland
Commission
James Shehan
D. C. Caldwell
City Council Alters Committees and Rules at Monday Meeting
Mayor Thompson blocks a Municipal Voters League seating on the floor as the council adjusts committees including adding Anderson and Bowler to transportation Moran to track elevation and Hogan to revenue election chair Cermak remains finance chair as Richert keeps his post. New rules shift meetings to Wednesdays and relax two tag per year limits while two new committees on high cost of living and aviation form under Adamowski and Link. The body approves per diem lawyers ranging from 50 to 150 dollars including Cleveland Ringer & Wilhartz Gillespie Roberts Andaiman Jackson Wharton Wright Ward Malyhill Behan and Goldstein.
MENTIONED IN THIS ARTICLE
Thompson
Municipal Voters League
M, V L
Ald
L. B. Anderson
Bowler
Mulcahy
Moran
T. A. Hogan
Adamowski
Link
Chester FE
Cleveland
Ringer & Wilhartz
George 1 Gillespie
Daniel A, Roberts
Samuel J. Andaiman
David J. Jackson
Also Mentioned on This Page
Dawes
Mr. Dawes
Chester BE. Cleveland
United States
C. Romano Avezzano
Influence
Peabody
Europe
People of Influence and
Standha
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