Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-10-15
rrfEsREPUB1ICAN 1dAKsHA1L1ow1S, OCTOBER

invested I'M the concern asked tn
district attorney.
1.-TWO hundred ana nfty millions
from the people. and-very little
else." answered Haldane.
"fIow much 10 4 really worth r
queried Li,sy.
Its worth. Of course. what was
put into It."
"And what will it, earning capacity
bet"
IT We control It, II viii pay fair
dividend on ell the stock that has
been put out. most Of which 10 held
BY our friends and the friends Of the
organisation" answered Van slyke.
The problem was tremendous ono.
They faced It silently . moment or
two. and ct last HalAaas resta&ed Il.
you go, w. can. II necessary. defy
public opinion and jam through an
ordnance ct tho lasa minute eva Y
Ne are Nhely to lose tho election, al
though BY % doing We should give the
enemy . tremendous advantage at
the close Of the campaign. Or We can
deter tho granting Of the franchise
until after the election, IN the hope
that the postponement will be our
strongest card for winning tell you.
gentlemen, that other interests of
greater magnitude would be involved
in the fate of the Gotham Freight
Traction company"
''Why In tho name Of all that's
businesslike didn't you get control of
this franchise before?" asked Ruther-
ford.
I'VE couldn't" Haldane replied. 1T
is impossible to get renewal OF .
franchise until It expires"
''Why didn't you wait before COM
hitting yourselves to the greater en-
terprise until this franchise ma
tured?"
I'VE couldn't. There were other in
| terests anxious to build the subway
and unite the various other franchises
in one organization. The people were
| clanueous that the road should be
built, ana there was nothing else to
do but build 1t. Besides. who could
have foreseen this situation No.
gentlemen, we were helpless. and
without this franchise we are more
helpless"
sWhat docs It cover?" asked the
mayor.
1T covers pretty much every avail
able route by which we can connect
the ends Of the traction company"
How much territory"
"Oh, mile or a mile and q half,
should say; but every possible right Of
way 10 included in the franchise"
1Apd ~ MA don't Ref ff9"
Somebody else will get It. Of
course. He Will build the connections.
and hold us up for anything that he
wants."
But it will be no good to anybody
else without what we've got" suggest
ed Van Slyke.
True; but we have got several hun
dred millions involved and can't adopt
a do-nothing policy. Probably ten
millions or even less viii cover the
expenses required by rebuilding un-
der the old or new franchise. and that
ten million has US BY the throat"
TT should be easy for i've hundred
millions to freeze out ten" said
Rutherford.
Under other circumstances It would
not be at all dimcult" answered Hal
dane; hut tho people are to b con-
built as public convenience and.
gentlemen. It has TO be run"
'This is hell OF dx for men al
smart as you to git yourselves in!"
said Liffey. "As I take 1t, we can
secure the franchise or we can make
its future grant the issue Of the cam
paign; and II we win. pass 1t then:
and If We fail, take our medicine"
You've stated 1t exactly"
For myself, I'm in favor Of grab.
bling the franchise now said the
boss. 1T means money. Moneys
what we're here for. The object of
politics is money for the crowd that's
in. The aim Of the crowd that's out
Is to git in so they can git the
money. With money we can buy
votes; with votes we can get ONCE;
with ONCE and money we can get
immunity from the consequences.
Even II we're beaten by the mayor.
we'll still have the district attorney.
we'll still have the police force. I'll
still be here; so will you, Mr.. Hal.
dane. And therefore. rather'n take
any risk. move that the franchise be
renewed as soon as It expires. and
that the grant be made to the Gotham
Freight Traction company. I'd rather
have something substantial than play
for = chance any tipe. guess We
wouldn't suffer any therefore. no mat
ter what happened. Besides. all it'd
mean would DO . wait for four years
These reform movements always gel
tired q themselves, and then one Of
the other Of the old parties comes In
We'll be the one'
Il am inclined to believe that much
OF Mr.. Lney's contention is sound.
said Van Slyke at last
We'll, gentlemen" said Haldane
what do you all think about it,"
Let's get what we can." said the
mayor.
and keep all we've got" addet
Cornell.
Very well then" said Haldane. IS.
be It. We are united upon a non
il J. d. NEWCOMER, Pres.