The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1906-07-09
TEN HOURS
To NEW YORK
And Fare on New Air Line
to be Reduced to Ten
Dollars.
WILL CARRY FREIGHT
Four Tracks to Be Built, to Come
Through Hammond increasing
Property Values Here.

Hammond, Whiting. East Chicago.
Indiana Harbor Tolleston, Gary, Ho-
bart and other towns in this section
seem bound to have more and more
honors thrust upon them. The
Chicago-New York Electric Air Line
Railroad" is the latest thing This
is road, which. according to the, To-
quacious prospectus of the financial
agents, is to pass through our Lake
county cities. When completed the
road, which the advertisement in
sures us will 'startle the transporta-
tion world will have Chicago and
New York City as its terminals. The
running time between these two cit
les will be reduced to ten hours the
route being 100 miles shorter than
the shortest route of the great steam
roads and the proposed speed of the
electrically-propelled trains 75 miles
an hour. the maintenance OF this
speed being an easy matter" ac-
cording to the man who wants TO
float the paper OF the road.
In his prospectus the agent says
that the road is to be an exclusively
passenger carrier at the outset, -
though ultimately freight Will be
handled. The right of way provides
for four tracks. two for passenger
and two for freight =
The financial agent goes on to say
that the new line was conceived by
men who felt the pressure of high
rates and the necessity for shorter
route that these men do not come
out into the open and show their
hands at this stage OF the project
because it would interfere with their
other business interests but that
after the road gets into full opera
tion, the real men back of the pro-
ject vii come out into the open and
show their hands.
The financial agent further states
that the third rail route will cross
40 roads or railroads at any grade
but will either go over or under all
that are in it's path. The agent then
goes on to tell the great possibili-
ties of getting suddenly rich by buy
ing stock in the project and declares
that 1.-The road will commence earn
ing money within one year from date,
and will do it by opening up and
he rg&~ <sxt.'
of the track about one hundred miles
long ending at Goshen, Ind. This
section runs through a region pecns.
iarly rich in traffic possibilities.
Running through Hammond, Whiting,
Toleston, Hobart, Chesterton, Gary.
New Carlisle, La Porte, South Bend.
| Elkhart, Goshen and many others, II
t serves a population Of 10000"
! Messrs. Hanna and Meyers have
been busy for some months in this
: section buying up right of way space
! and getting city councils to grant
: them right of way of franchises
! through their towns. Whether these
r gentleman, as representative of the
a Chicago, Lake Shore & South Bend
t Electric Ry. have anything to do
D with the Chicago-New York project
g is not definitely known, but 1t is
e known that they are associated with
n what is known as the eastern syndi-
: cate" which owns and operates many
\ electric roads through Ohio and New
York and it seems that this is about
the time they would begin to foaI
4 their stock, as they have just complei
n ed arrangements for the road from
. Chicago to South Bend