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Newspaper Page Text
SCHOOL LAND STEALS ARE SHOWN UP BY
POST, UNITED STATES GOVT OFFICIAL
While the Chicago Tribune, the
world's greatest school land .grafter,
is trying to get hold-qf the names of
public school teachers who belong to
the Teachers' Federation, take a little
look at some of these slants at the
school land game.
Louis P. Post, assistant secretary
of the United States department of
commerce, is a Chicago man. He
was founder and editor of The Pub
lic, a weekly magazine famous for
careful statement of fact
He was a chum of Henry George
before Henry George was thought
great enough to have a cigar named
after him. And Post was a member
of the Chicago board of education
when Dunne was mayor.
Now here are some of the facts of
the school land game given to a Day
Book reporter by Post and vouched
for as absolutely reliable:
1 In 1818 United States govern
ment gave the square mile between
State, Madison, Halsted and 12th sts.
to the state of Illinois to be held in
trust for the support of the public
schools and the education of the chil
dren of Chicago.
2 Except for one block between
Madison, Dearborn, State and Mon
roe streets, and a few scattered par
cels of land, this square mile was all
sold some 70 years ago for less than
3 Fifteen years after it was sold
this square mile was worth $6,000,
000. 4 Today this square mile is the
greatest retail and wholesale shop
ping district in the world and the land
is worth hundreds of millions of dol
lars, without improvements.
5 The rent from this square mile
of land would be sufficient to support
for all time the entire school system
of the state of Illinois and nobody in
Chicago or Illinois would have to pay
a cent of taxes for schools.
6 Jears ago all school lands in
Chicago left unsold were leased by
the board of education with the pro
vision that there should be a revalu
ation every ten years and the rent
should be six per cent a year on this
7 It was intended and provided in
clear language that the school chil
dren should get the benefit of the in w
crease in the value of their land.
8 John P. Altgeld, governor of
Illinois, pointed out in a me'ssage to
the legislature that the owners of
four daily newspapers held leases of
school lands and that three of these
papers were then actually published
on school land and were seeking to
have their leases changed.
9 The Chicago Tribune was in
dicated by Gov. Altgeld as a leading
beneficiary of school land.
10 Shortly after the governor's
message, about the year 1895, the
owners of these four newspapers had
the revaluation clauses stricken from
their school land leases by the board
of education and the rentals fixed for
99 years, without revaluation.
11 Privately-owned land adjoin
ing this school land has been valued
for lease or sale at 100 per cent to
00 "or cont more than the valuation
fixed for 99 years in the leases alter
ed by the board of education.
1? After this precedent was es
tablished by the newspapers, holders
of other school land leases of down
town property had their leases
changed in the same way.
13 Every dollar of rent lost to the
public school fund by changing the
school land leases or selling has been
made up by the taxpayers of Chicago
the burden being the heaviest on thp
14 Holders of school land leases
pay no taxes on the school property
which they lease.
15 The 600 or more acres of
school land added to the city's pos
sessions by annexation of the town, of