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Newspaper Page Text
held stock, but not in city deposi
taries. Some may not have voted to
benefit themselves. This lets them
Others of theseventeen were in
with those city officials whacking up
on money paid by the LaSalle Street
Trust and Savings Bank, the Lorimer
institution, as interest on city money.
Among the seventeen are some al
dermen not now in the council, as the
list covers a period of time between
Aid. Otto Kerner of the council
investigating committee and Aid.
Charles Merriam stated they were
making public these names because
all other aldermen in the city coun
cil are under more or less suspicion
unless the public knows who are bank
"1 certainly would not be in favor
of sending to the penitentiary an
alderman who held one Bhare of
stock, for instance, but while politi
"eal banking is under investigation it
may as well be known who are stock
holders in banks," said Merriam.
Att'y Rlchberg said to a Day Book
reporter: "The law which has been
violated by those aldermen voting to
put city money into banks in which
they held stock is clear. It says of
ficers of the state, county or city,
shall not be interested in any contract
on which they vote.
"Placing the city's money into a
bank Is an act of contract between
the city and the bank. The theory
-of the law is that an officer cannot
represent his own, bank interests and
at the same time watch out for the
"If any alderman is a heavy hold
er of bank stock and has voted as a
member of the city council to put
money in his own bank he is guilty of
a penitentiary offense.
"It is amazing that the state law
should be so little understood on this
point. The law is clear. A man can
no more represent two separate in
terests in a money transaction of this
sort than he can ride two horses go
ing in two different directions at the
SAM INSULL'S IN FOR IT
The women of Oak Park have
taken up the fight against Sam In
sull, Chicago biggest public utility
boss. Sam, apparently not having
gathered in enough shekels, is now
possessed of a desire to squeeze 13
cents from every passenger for a trip
to Oak Park op the Oak Park "L."
Practically all the women of Oak
Park are shouting the battle cry of
"charge ten cents if you dare" and
are lining up against Insull.
"The move to double the fare on
the elevated to Chicago is atrocious,"
said Mrs. Chas. C. Wilmot, president
of the Oak Park Civic League,. "A
10-cent fare to Chicago is exorbitant
and the women of Oak Park will not
submit to it They will never pay 10
cents unless absolutely forced to.
"I am looking into the situation,
and if fighting will save the day for
us in Oak Park there is a big fight
ahead. I shall call a meeting of the
civic committees at the earliest pos
sible moment after we have conferred
with some of the leaders familiar
with the ins and outs of the problem.
Then we will decide just what will
be the most effective action we can
H. W. Austin, an Oak Park bank
er, said: "The grade crossings in Oak
Park are dangerous. They kill a pe
destrian every little while, and they
should be raised. Oak Park residents
won't think it fair if they are forced
to pay for this construction work.
There certainly will be, a hue and
cry go up from those who use the ele
vated." MOST LIKELY
Judge Did you last night really
call this man imbecile and idiot?
The aqcused (gathering his wits)'
I have s6me doubt of it; but the
more J look at him, the more I think