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TELEPHONE CASE
GETS BEFORE ALDERMANIC COMMITTEE
At last the ordinance selling the
Chicago Tunnel Co. to the Chicago
Telephone Co. is before the alder
manic ' icommittee on gas, oil and
electric light. But it didn't get there
before Bernard Groh, engineer for
the latter company, tried to stir up
something by again, with a new the
ory, differing from Kempster B, Mil
ler's valuation of the property of the
company.
Walter Fisher, att'y appointed by
the mayor and later appointed spe
cial corporation counsel for the city
t6 represent the policy of the "pepul"
in the action, talked this theory over
out loud with himself. After some
thing like an hour of abstract reason
ing and verbal hypotheses, Fisher
pronounced the theory Groh ad
vanced as being a sound one. Groh's
theory was riddled by Miller. It was
just another stall in the game being
played by the Chicago Telephone Co.
to get the value of the company up
in the clouds where it doesn't belong.
The A. T. & T. isn't mentioned in
the ordinance. Both Att'y Fisher
and Judge Foster, att'y for the
committee, thought it best to leave
them out. This will prevent the A.
T. & T. from using their proposed
purchase price of $6,300,000 In rate
making deals before they handed the
property over to the Chicago Tele
phone Co. for the same purpose.
Fisher brought up the most deli
cate point yet to be decided. It is
whether the city is going to get
$500,000 or $5,000,000 for permitting
the sale.
"A sum has been mentioned," said
Fisher. "I think it was $500,000. I
though. The amount is for you to
decide."
"Assuming that Mr. Sunny's fig
ures are correct, don't you think the
city should get $2,000,000?" asked
Aid. Wallace.
"No," said Mr. Fisher, who then
went on to tell of the moral obliga
tion the city was under to the tunnel
company to do what was fair be
cause they refused to permit the sale
years ago.
Judge Foster was asked his opin
ion of the matter.
"You have a very unusual situa
tion here," he stated. ' "For some un
explained reason both Mr. Kings
bury, president of the American Tel
ephone & Telegraph Co., and Mr.
sunny, president ojf the Chicago
Telephone Co., have refused to 'tell
you what they are going to do with
this property and so let you know
its real value to them. If the prop
erty has been appraised at approx
imately $2,000,000 by your engineer,
and they want you to allow them to
give $6,300,000 for it, why they are
paying $4,000,000 just to wipe out
competition. They're paying $4,000,
000 for monopoly on serving the city.
You gentlemen are going to give
them a monopoly. How much are
you going to take for it?"
Months ago a member of the com
mittee asked Judge Foster what
should be done. "Go ahead with the
forfeiture proceeding," he advised
them. "You have a good case and
one which I think will stand up in
court.
"But then again, if you don't want
to do this, if you want to give the
am not responsible for this amount, Chicago Telephone Co, a .monopoly
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