Capitalists and financiers -- Fiction; Chicago (Ill.) -- Fiction; Psychological fiction
“Mr. Haguenin,” said Cowperwood, smilingly—he was arrayed in a heavy
fur coat, with a collar of beaver and driving-gauntlets of dogskin—“we
have reached the place in this street-railway problem on the North Side
where we are going to require the assistance of the newspapers, or at
least their friendly support. At present our principal difficulty is
that all our lines, when they come down-town, stop at Lake Street—just
this side of the bridges. That means a long walk for everybody to all
the streets south of it, and, as you probably know, there has been
considerable complaint. Besides that, this river traffic is becoming
more and more what I may say it has been for years—an intolerable
nuisance. We have all suffered from it. No effort has ever been made to
regulate it, and because it is so heavy I doubt whether it ever can be
systematized in any satisfactory way. The best thing in the long run
would be to tunnel under the river; but that is such an expensive
proposition that, as things are now, we are in no position to undertake
it. The traffic on the North Side does not warrant it. It really does
not warrant the reconstruction of the three bridges which we now use at
State, Dearborn, and Clark; yet, if we introduce the cable system,
which we now propose, these bridges will have to be done over. It seems
to me, seeing that this is an enterprise in which the public is as much
interested almost as we are, that it would only be fair if the city
should help pay for this reconstruction work. All the land adjacent to
these lines, and the property served by them, will be greatly enhanced
in value. The city’s taxing power will rise tremendously. I have talked
to several financiers here in Chicago, and they agree with me; but, as
is usual in all such cases, I find that some of the politicians are
against me. Since I have taken charge of the North Chicago company the
attitude of one or two papers has not been any too friendly.” (In the
Chronicle, controlled by Schryhart, there had already been a number of
references to the probability that now, since Cowperwood and his
friends were in charge, the sky-rocketing tactics of the old Lake View,
Hyde Park, and other gas organizations would be repeated. Braxton’s
Globe, owned by Merrill, being semi-neutral, had merely suggested that
it hoped that no such methods would be repeated here.) “Perhaps you may
know,” Cowperwood continued, “that we have a very sweeping programme of
improvement in mind, if we can obtain proper public consideration and
assistance.”
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account