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Newspaper Page Text
HELD FOR MURDER
FREED ON BONDS
Entered as Second-Class Matter April 21, 1914, at the Postofflce at
Chicago, mM Under the Act of March 3, 1879.
THE DAY BOOK
An Adless Newspaper,' Daily Except Sunday
N. D. Cochran, ggggsg Tel. Monroe 353.
Editor and Publisher. Tgggaggg By Ma5l( xcept n
500 South Peoria St. "398 Chicago, $3 a Yean
VOL. 3, NO. 238
Chicago, Wednesday, July 8, 1914
INTERLOCKING SYSTEM BETWEEN
BANKS AND PUBLIC UTILITIES
How a Few Men Control Not Only the Public Service
Corporations Through Interlocking Directorates, j
But Also the Banks of Chicago and Hundreds f"
of Millions of the People's Money, r
Montague Ferry, commissioner of public utilities, has shown in a report
to council, how six men" practically control the public utilities of Chicago
through interlocking directorates.
But he gave the people only a 'little peep at the interlocking system
that gives a few men control not only of the public utilities, but also, of hun
dreds of millions of money; and hence practical control of business and
everything else in Chicago.
Commissioner Ferry names the following men as the Big Six who con
trol public utilities:
-Sam Insull, president of the, Commonwealth Edison Co.
John J. Mitchell, presideri'Hlinois Trust & Savings Bank.
fienry A. Blair, chairman of "the board of directors Chicago Railways
Co. anoSfinancial-head -ofthejBuiftace &$"L''jn$rg&$i ' " -