Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-10-21

: L. l.
posed Of conservative business and
t21-PayiIg citizens. We believe that
;itsainess is as essential 10 our civil
! Hz2tioc as air Is to the life of the
individual, that it is the machinery
OF business which supports schools
churches, government and our So
! claI institutions; but that as air may
De poisoned and deadly. so NAV the
evil methods evil men corrupt and
debase business, and endanger our
lie, 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 profteer would be shot.
he mas 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.
Inc prohteer at the top is the gun
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
prohteers or parent criminals in Jail
and driving them out of the commu- |
nifty, have, instead, become the dunes
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breakers may go unpublished.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
the money and natural resources of
our country, and who are fast assum-
ing the same relation to our people as
nave been maintained toward their
people by the similar privileged and
protiteering groups in Europe who
were responsible for the terrible war
and who are now rapidly manufacture
ing other wars
Inherited and accumulated wealth
IN the hands of the few whose minds
and methods are foreign and antago-
nlst1c to our institutions is Americas
peril, as it is the only serious men
ace to our individual lives, peace,
happiness and prosperity.
And, whereas, the ownership of our
public utilities in Chicago in private
hands is synonymous with the corrup-
ton of our local government and Of
hclals, and the exploitation of our
citizens is an example and incentive
to thuggery, and
WHEREAS, the Cook County Real
Estate Board and the people of Chi
cago have repeatedly demanded pub
lie ownership of it's traction lines
and other utilities, and
WHEREAS, it has been found that
the City, while possessing the power
OF condemnation to acquire our trans
portation systems, cannot exercise
this power unless some plan is de-
vlsed to provide the funds necessary
If such power is exercised, and
WHEREAS, it is absolutely neces-
sary that the power of condemnation
be invoked if the City is to purchase
the Surface Lines from the traction
hnanciers, as according to all evil
dence and experience, they will de-
mand an eXorbitant price for tn cir
and
WHEREAS, there has been a per-
Slstent and increasing agitation for
he immediate building of subWays ,
n the downtown section of the City.
and
WHEREAS, subway construction is ;
so extremely expensive at the low {
est estimate cost, four times as much
per mile as elevated and twenty times
rs much as surface lines, and if the
lily undertake the building of the I
subway now, with it's limited finan- l
;lal ability, it will leave no resources S
With which to purchase the lines and
20 get control of the System; nor
will it have sufficient funds to build
more than the mere beginning of a
subway system, and :
|
-est its money in Subway System,
he cost would be so great that the
interest on the debt would seriously
ripple if not completely destroy the
j1tys chance of purchasing any fur
her traction properties, and
WHEREAS, there seems to be con-
erted effort in many directions to
lock the City from being placed in
position to exercise condemnatory
lowers, therefore, be it
RESOLVED, that the Cook Coun-
Real Estate Board reiterate it's
osition in favor of municipal own
rship of public utilities, and
RESOLVED, that we condemn the
roposed subway plan now being agi-
ated as insincere and hypocritical:
nd
RESOLVED, that, while we have no
olltlcaI affiliations or preferences.
'e approve the so-called Thompson
Ian of Ownership and operation of
ne traction properties with it's con-
and trustee-management
9atures as the most practical plan
admitted, and be it further
RESOLVED, that a copy of these
solutions be sent the Mayor, and
TENDERS of the City Council and to
lie Judges and other local and State
fficials, and be given such other pub
city as is possible, and be it fur
Ter
RESOLVED, that the Local Trans
ortation Of this board be authorized
cooperate with other Civic organf-
atoms Of the City in carrying out
lie purport of these resolutions.
JAMES M. KENNEDY,
Secretary.
WILLIAM H. LOEHDE.