Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-11-11
DECLARATION OF PRIN,
CIPLES AND RESOLU-
TIONS ADOPTED BY
The COOK COUNTY
REAL estate BOARD
CHICAGO.

posed of conservative business and
tax-paying citizens. We believe that
business is as essential to our civil
lization as air is to the life of the
individual. that it is the machinery
of business which supports schools,
churches, government and our So
cial institutions; but that as air may
be poisoned and deadly, so may the
evil methods of evil men corrupt and
debase business, and endanger our
life, our property and menace our
government.
We are alarmed at the power and
| influence of the criminal profiteer.
| The American people during the war
were told the profiteer would be shot.
He has not been shot, but instead he
| is often found as a leader in move
| ments to suppress the lesser criminals
| which by his example he has created.
| The profiteer at the top is the gum
| man at the bottom, while the former
gets away with millions the latter, /
| following his example, wants to get |
| away with hundreds in the way best |
known to him. Judges and courts, OFF, |
GERS of the law and legislators in
stead of boldly taking cognizance OF |
the facts and proceeding to put the |
profteers or parent criminals in Jail
and driving them out of the commu
nifty, have, instead, become the dupes
/. and instruments of those criminals.
and are leading in the hue and cry
against their criminal offspring so
that the crimes of the parent law
breakers may go unpublished.
We apprehend not the slightest
danger in America from violent an
archy or bolshevism, our political in
situations offer no soil for the growth
of such theories. But we are in grave
fear of the small group in our coun-
try, brazen, impudent blind and
greedy, who have no God nor flag.
+ nor country and are now in control of
f the money and natural resources or
, our country, and who are fast assum-
f ing the same relation to our people as
f have been maintained toward their
people by the similar privileged and
f, | profiteering groups in Europe who
I were responsible for the terrible war
, and who are now rapidly manufactur-
ing other wars
:, IN the hands of the few whose minds
Z and methods are foreign and antago-
p nistic to our institutions is Americas
a peril, as it is the only serious men
t ace to our individual lives, peace,
r happiness and prosperity
And, whereas, the ownership of our
e public utilities in Chicago in private
Il hands is synonymous with the corrup-
;. ton of our local government and of
Is ficials. and the exploitation of our
u citizens is an example and incentive
to thuggery, and
WHEREAS, the Cook County Real
lc Estate Board and the people of Chi
Is cago have repeatedly demanded pub
u lie ownership of its traction lines
ie and other utilities, and
- WHEREAS, it has been found thai
y the City, while possessing the power
-, of condemnation to acquire our trans
portation systems, cannot exercise
= this power, unless some plan is de
y vised to provide the funds necessar!
90 if such power is exercised, and
r.. WHEREAS, it is absolutely neces
.ir sary that the power of condemnation
|
of the Surface Lines from the Traction
H. financiers, as according to all evl
dence and experience, they will de
10 mand an exorbitant price for thei
as properties, and
IN WHEREAS, there has been pei
as, sistent and increasing agitation 10
ill the immediate building of subway
int in the downtown section OF the CITY
gh and
WHEREAS, subway construction
an so extremely expensive at the low
cal est estimate cost, four times as niue
tie per mile as elevated and twenty time
ac- as much as surface lines, and if tn
at. City undertake the building of tn
subway now, with its limited hnal
at. cial ability, it will leave no resource
the with which to purchase the lines an
son so get control of the System; nc
Il. will it have sufficient funds to bull
mt more than the mere beginning of
subway system, and
act WHEREAS, if the City should i
ar vest it's money in a Subway Syster
lie the cost would be so great that II
lad interest on the debt would serious
ad- cripple if not completely destroy tt
vas City's chance of purchasing any III
i'm Their traction properties, and
I it WHEREAS, there seems to be co
ats certed effort in many directions
ub- block the City from being placed
ing a position to exercise condemnato
powers, therefore, be it
Dm- RESOLVED, that the Cook Cou
lch- ty Real Estate Board reiterate
the position in favor of municipal ow
ong ership of public utilities, and
md RESOLVED, that we condemn t
tie proposed subway plan now being a
ieir tated as insincere and hypocritics
mo- and
-gu- RESOLVED, that, while we have
political affiliations or preference
,ub- we approve the so-called Thomps
ton Plan of Ownership and operation
the the traction properties with its CT
and domination and trustee-manageme
and features as the most practical pl
submitted, and be it further
RESOLVED, that a copy of the
. resolutions be sent the Mayor, a
,ore members of the City Council and
,em. the Judges and other local and ST
| l. Oh, ofh N