Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-10-15

years ago that Mr.. Patrick took hold Of it
and in the last five or six years it has been q
good paying investment.
A BIG CAPITAL STOCK.
DR.. Evans said that the capitaliza-
| tion of the present Southside line was
$3.50, 900, while the new one was 81 800, 900.
The receipts would have to be doubled sew
eral times in order to make it a paying in
vestment. He thought stock in the new
company would be q poor investment, as
there was scarcely enough on the Southside
to justify such an outlay as 81, SOC, 900.
Mr.. Monroe said in reply that his ex-
perience had taught him that whenever the
interests of the city of Pittsburg came in
contact with interests of some pet corpora
tion in the city, the citizens always had to
be struck down in the interest of the corpor-
alton. Mr.. Monroe thought traction road
unnecessary to increase the valuations on
the Southside, because they were high
enough now. Property on certain parts OF
Carson street was he said, as high in price
as Fifth avenue property.
DR.. Evans took advantage of the op-
portunity here to say that the Southside had
some of the narrowest minded business men
he had ever seen, the most ridiculous ideas
he had ever heard emanated from them.
new traction road, the secret to the long
remonstrance handed in by Mr.. Monroe,
was all plain to anyone who took the trouble
to look. The business men were afraid the
traction cars would cause Southside citizens
to come to this side to buy.
AFRAID OF COMPETITION.
That was the secret of the enterprising
business men. They wanted to corral the
people over there so they couldn't get out to
buy anything. 1t wasn't the people of the
SouthsIde who were objeeting, but the
narrow minded Carson street business men.
Mr.. Evans thought they would be glad to
have the railways torn up, the bridges torn
down and the women compelled to swim the
river in order to keep the business from
getting away from them.
This ended the debate and the. final
amendment of Mr.. Monroe was defeated.
On the final passage of the ordinance Mr..
Monroe cast the only negative vote, Mr..
Nisbet and DR.. McCord. each explaining
that he voted aye because he thought the
cable road would be good thing for the
Southside.
The Rea & Co. switch ordinance was then
taken up but was referred to a committee
and Councils adjourned.
In the Common Councils W. A. Magee
presided. A number of ordinances for
grading streets, opening sewers, etc., were
presented.
Mr.. Kearns presented resolution asking
the Chief of the Department of Public
Works for an estimate on the cost of sub
wav for electric light, telegraph and tele-
phone wires on Fifth, Penn and Liberty
avenues. Smithield, Wood and Market
streets, west of Grant street. Mr.. Duncan
moved to amend by including the city po-
lice and fire, electric railway and all other
wires. As amended the resolution was
adopted.
An objection was made to the order of the
Board of Awards for fire alarm switch
board costing $9,135, but it was finally
granted.
The ordinance providing for the purchase
Of lot il the Thirty-frst ward for an
engine house, as adopted in Select Council.
was taken up and passed finally. Mr..
Duncan presented an ordinance regulating
the manner of making connections with the
public sewers. 1t was referred to the Com
mittee on Public Works and Council ad-
iourned