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Y ("jj A v wt 'r sj""nwe -t "wd-rT',nwjrF" " "I"- T V "W iSV-f. "INDEPENDENT IN ALU THINCJS. NEUTRAL IN NONE. VOLUME XVII. CHICAGO, SATURDAY, OCTOBER 9, 1897-TWELVE PAGES NUMBER 418. lV94Zfr'iFftr"- r2i kBrBBBBBsSsMBPjPRJPSSSSS r ii prosperity m plenty! Tbe Hon. John I. Mitchell Says that the Hard Times Have Left Us. The Distinguished President of the Great Illinois Trust and Savings Bank Speaks Wisely. Tor He Is the Mouthpiece of Chicago's Solideit and Beit of Old Citizem. The Rising Tide of Better Times, the Banker Asserts, Is Happily Here to Stay. "There Is no doubt, In any Judgment," unlit John .1. (Mitchell, president of the llllnolx Trust nnd Savings Itnnk, "tlmt wo re Just entering upon nevcral yearn of good times not speculative prosper lty, tint solid, Mtibstiurtlnl prosperity." Thin Is air. Mitchell's Judgment after several months of observation In tho Knst, fortified 1y what be ban heard and Keen In Chicago since his return. air. MltehcH left the bunk u nick niuu early In iMay. About one month Inter he won to 'Muni:hostor-by-thc-ou to regain his health. As noon n strength niturucd he paid ninny visits to Bon. ton, nud Inter wan In New York. Ho talks nn one who linn had his fingers clone to tbe pu'.so of trude. "I can speak nioro particularly of Boston." air. (Mitchell continued, "be cause 1 saw more of Hint city, but I spent nomo time in New York on tliu way home nud heard a good deal there of tbe improving conditions The Knot has folMho return of good times more perceptibly than we have out here, for tbo reason thnt Eustern people are heavy holders of far West ern securities. Tbo improvement In the demand for and the value of nil se curities ha been marked, wore espe cially of tho far Western properties. This Improvement has been In the in trinsic vnluo of securities, as well ns In tbelr market value. All manner of se curities wero hard hit by tbe conditions which have oppressed tbe country and that affected the East. Then there wore ninny properties which wero so affected by the bard times that they bad to iro through the process of reor ganization. I might mention Union Pa cific, Northern Pacific and Atchison, Topcka and Santa Fe as illustrations of what I mean. Tbe decline In such prop erties was felt most soverely In Itoston, I believe. As one Boston mnn said to me: If It hud not been for Bell Tele phone nud Calumet and Hecbi this town of ours would bnvo been bank rupt Those properties have shown a remarkable advance, also, aud the Im provement has beeu general.' "As I said before, tbo Improvement in the Knst Is tho more marked beenuso the Knst holds so much of far Western securities, nud tho begluning of this Im provement in trade nud business condi tions lies in tho far West. Tho farmer Js at the bottom of It all. As a rule these advances In securities do not come until the fanner has sold what bo bos, nud he, therefore, derives very little benefit. This time the advances eume before tho farmr bad (told, and before his product was ready to bo nold. Hence ho bus reaped the prim ary ttoneflt. As a cousequonco interest charges, loug In urreurs, are being paid up, mortgages nro being lifted, aud the country generally is getting on n tinn er footing. The improvement In rail road stocks is especially .marked, aud the companies nro nil showing good earning capacity. "In New York I found everybody was cheerful and couildent thnt tho fu ture would fulfill every promise of the present. Tho demand for money there Is not so strong, and tbo Interest rates are not qulto so high oh had been ex pected, but thoro is no complaint. Tliero is n better tono In overy lluo of business, moro coufldenco aud u feellug of security and stability. "Thro is a general expectation In the East thnt wo are going to get largo quantities of British gold. Tho Loudon llunnclal papers are trying to convey tho impression that tho advance lu American securities Is accidental or speculative merely, and that English men should let thorn alone, 'Their purpose obviously Is to keep their gold at homo. But tbat sort of talk canuot last long with no founda tion under It. It Is usually the case that foreigners do not Itccomo buyers of American sccurltjcs until the cream of tho market bus been skimmed, but they certainly nro utsnit to become heavy buyers. Tills fact, tukeii In con junction with the further fact that tbe balance of trade is so heavily In our favor, makes It certain that great quantities of gold nre coming to us from London. "Here In Chicago I find that every body Is cheerful. This city seemed to suffer more from hard times than most any other place lu tbe country. The World's Fair harmed us lu that re spect. Willie we bud that on our hands, you see, we were working under high pressure, and tbe reaction bud to come. For tbe last three or four years wo have beeu dragging on the Ixittoin. "But there Is a different feeling here now. The tone of business men with whom I have talked is decidedly cheer ful. I am told that sales during the re cent rush of trade among the whole salers have run higher than for many years aud u good deal higher. We nre on the upward slope of the wave. Ileal estate Is always bit bard by n period of depression, nud Is usually tbe last to respond, but It Is coming sure. "Wo nro Just entering upou several years of good times. I nm confident of it, and confident thnt Jt will not bo of the speculative, ephemeral character which u few seem to fear. Tho Im provement Is solid nnd substantial." Tho reason tho Republicans of tbe Twelfth Ward will not notnluato Mr. Charles T. Warden of 838 South Lenv Itt street, for Alderman, Is simply be cause he Is too hones and Independent to suit them. They know Warden can not tie Induced to wenr anybody's col lnr but his own. Just let tbo Democrats nominate "Bnb"Llndblom,tbo prominent Swede, in tho Sixth Congressional District, and then watch them Inud lu the consomme. Hon. John J. Phllbln's friends aro legion throughout tho Sixth Congres sional District, and tho whole. North Side. John may accept the Sixth Dis trict Democratic Congressional nom ination. If ho does, ho will como pretty near winning, Mr. Phllblo nnd bis charming wife would enjoy Washing ton society, und they would recelvo a warm welcome, socially, from the good people at Washington, D, C. Hon. . P. Brosscnu says be doesn't want to go to Congress, but ho would niakoa strong cntidldate, Just tho same. That was a regulnrwlll-o'-tlie-wlsp Nick iMagglo was after last spring iu tho Seventeenth Ward. "Maurice O'Connor will now wish ho hadn't returned from Ireland," so spnko a promluciit Democrat after tho Sev enteenth Wurd election contest, which wound up Woduesdny night, tho re count havlug shown tlmt Hon, James Walsh had snowed Revere under by n safe aud comfortable majority, At the recount Weduesdny evening one of ltevero's henchmen said: "Well! Steve nover did count much on n sent in tho Council. So what tho b-1, BUI?" w Whntl QIcAndrows for cbnlrmnn of tho County Ceutral Committee this fall? And West Town Assessor next spring? Ho doesn't want much, does ho? City Electrician Elllcott Is at work on estimates of tho cost of equipping tbo city pumping stations with electric- t 'i2mMMMMMWmMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMm raSsflBEjT 2bIbIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII &i9t!r&FYijhAy&3ZKS .r.,.ilSSSSSSSSSSSSSMBKy WJ iK'H iHH HON. MARCUS A. HANNA. Tbe Distlngulahod National Leader, Who Is the Quest ot Cnicago Republicans This Week, light plants for street-lighting purposes. This Idea has been under consideration by Comptroller Waller for some time, tbe Intention being to use the power now wasted nt tho pumping stations. Commissioner McGnuu has ordered the 14th street eloctrlc-llght engines to be connected with tho boilers attached to the pumping engines. Tho Chicago City Telephone Company has Just completed the extension of its party line, or private residence tele phone system, to the entire South Side, North Side and other residence portions sof tbo city. Thts system wns first experimented with about two years ago, nud has proved so successful that It has now been put into use lu nearly all parts of tho town thnt are considered to be tie sirab'.o for residence purposes. The system consists of the bunching of four Instruments on ouo circuit, bringing in to use ouCy one pair of wires ami at tho sume time obtaining a satisfactory and cheap sorvlce. For 1(1 cents a day one of tho sub scribers on this Hue may coiiuet t with 14,000 homes in the city und call up friends lu n territory twenty-four miles loug nud seven miles wide, Hon. Edward Mue'hoefer will bo tbe next Alderman from the Twonty-e.-ond Ward. It Is said thnt Hon. Fred A. Bus?o desires to succeed Hon. D. II. Kochers perger as County Treasurer. So does Charles W. IVteis, Sheriff Tease's chief clerk. llegardlug au nmemlmcnt of tho primary election law, Senator W. E. Mason said, when spoken to ou the mutter: "I consider nn amendment to tho primary election law ns Important to the Itepubllcnu party and to the people In general us tho apportionment bill. The Hepubllcnus are fair nud are will ing to take defeat at tho primary If they nro fairly beaten, but It has got so that In some parts of this city tho He- publicans do not go to tho primary be causo they feel tbat their votes are not counted. Every primary election should bo conducted under tho law, and the man wbo Illegally votes at n primary ought to bo punished tho same ns tho mau wbo Illegally votes at tho geueral election. "In tho first plnce, both of tbo con testing delegations should have n part of tho Judges and a part of tho clerks, No mnn ought to sit In Judgment on his own case, therefore no primary Judge should be allowed to lie elected as n delegate at the primary where 'he Is acting as Judge. The ticket should bo prepared by the voter In n booth, as they are at a general electlou, ami no mnn should be iicrmltted to stand ulHJiit the polls soliciting or running In voters. I cannot now mention nil of the necoxsnry changes, but wo bnvo a Re publican Legislature aud n Republican Governor. If we could establish the same confidence of the people In the primary election that we have In our general election the toller would lie heard of no more, and we would get all .the majorities wherever on n fair party count we nre entitled to it,'' The rumor thnt the ofltclnls of the North and West Chicago Street Rail roads were backing "Ronnie" Mitch ell's candidacy for alderman from the Thirteenth Ward Is not generally be lieved. Tho Chicago Record created lots of amusement In the Thirteenth Ward when It Hotted "Hennle" Mitchell nut for Aldermiiii. Mr. James J. Casey Is prominently mentioned for Congrexs In the Sixth District, air. Casey Is brainy und pop ular. He would make his mink lu Cou gross. Commissioner ..Iclinmi has let a con tract for 4tl,i:i7 torn, of cast iron water pipe nt n cost of something over $000,. 000. The South Chicago plpo works nud the Addyston Pipe nnd Steel Com pany were the lowest bidders ami the contract wns divided between them as follows: Dimensions. Tons. Price, ton. South Chicago pljK works Six-Inch 1,K 10.80 Elglit-iuch KW 10.80 Twelve-Inch 214 10.80 Addyston Pliw aud Steel Company Slxteen-luch 2,nlB 10.03 Twenty-four-lneh .... , 10.03 Thlrty-lnch H.2S7 10.03 Tlilrty-slx-lnch 22,572 10.0a Forty-elght-luch M7 10.U3 Mayor Harrison says: "I nm not going to Nashville becauso of any prom inence it may glvo mo In nny way," Well, there Is uo objection to this dec laration, but when Is tho Mayor going to glvo Chicago business a llttlo per sonal nt tent Ion? There is that Illinois Central laud grabbing, for Instance, which needs n strong hand of restraint Just at this moment. The Hnrrlsou escutcheon should bo kept clear of nny Illinois Central tnlnt. "Blind Pig" Frank I. Bennett nnd nil the llttlo Bennetts nm still trying to milieu themselves notorious. "Blind Pig" Bennett tackled tho wrotig man when ho ran up ngalust Captain Wm. W. Howe. Captain Howe took u reef out of Bennett's snlls lu short onler. There seems to be u disposition on tho part of the Hon. John Coughlln to put the Hon. John Powers Into tbo hot room. Cnu It ho possible thnt henceforth In discussing the City Council we shall have to speak of him us tho Powers that wns? Tammany's present cnndldnto for Mayor of Greater New York attended u French ball lu (lotbnm n few years ago nud entered Into the spirit of tho occa sion so thoroughly or vice versa that he ended his performance In n cell at tho polleo station. It would tiu ex tremely unwise, however, to brlug out tlmt fact lu tho cnmpnlgn. Tummnny looks upon nn arrest for disorderly cou duct as an Indorsement uud recom mendation. Gov. Tanner hns called a special elec tion lu the Sixth Congressional Dis trict for Nov. 23 next to till (ho vacancy caused by tho death of Congressmnu Cooke. This notion Is lu accordnnco with the expectation of those Interest ed lu polities. Tho Republican organi zation bus practically decided to glvo its support to II. S. Boutoll, nn eloquent nnd nbln lawyer of high personnl stand ing, who is said to havo ngieed to run. Tho Democrats seem determlued to force it he silver Issue, and Samuel E. Darby is favored by auntiy as u candi date, Chicago has been so grossly misused by tho rest of the Stato in tho matter of tnxatiou In previous yours that, per haps, she should bo thankful for tbo slight concession this year niado by tho Stato Board of Equalization. Tho best business men in Chicago nro unanimous iu their opinion that Hon, D. H. Kochorspergcr would mako a splendid sheriff of Cook County, '( 111 I YS JLATEST STEAL! It Robs Chicago of Hand and on tbe The School Fund Is Depleted that the Magnate's Earnings May Be Very Large. The City Fire Department Honey Is Thrown Into Hit Lap with Great Eaie. In Fact the Oppressor of Labor Has an Easy Time Robbing Chicago Taxpayers. George M. Pullman's model town of Pullman cleared ',000 last year for Its owner In the mutter of taxes alone. There are not many taxpayers In Chicago who receive In actual cash from the city government more money than they pay In tuxes, save of course they who labor for tbo city. George M. Pullman, with Ids model town, does that lu a most successful manner. Last year he denied iu the nclghUirhood of $2,000 lu bis dealings with the various governments. This year and the next, owing to the efforts of a Democratic city administration for n proper read justment, Ills gain Mill not be near so satisfactory to him, If It amounts to anything at all. Dm lug the great Pullman railroad strike of 1MM the charge was made iu a general way that the Pullman com pany received more lu cash from the city go eminent than It paid In taxes. This statement Is now substantiated by the figures nn the hooks of the County Treasurer, who keeps n record of taxes paid, and the accounts of the city of Chicago showing what Is paul out. The following statement shows wlint Pullman pays iu taxes, or pnl.l in 18!)ii: General (axes $30,400 07 Water taxes city Wi05.8Q Total $48,000.40 It must be Itorne lu mind thnt this is not nlotie for city tuxes, but Includes State, county, park, school, library nud all general taxes. The following table shows what the Pullman company receives nnnunlif, taking 1800 us a basis, for such things ns the municipality cannot Itself sim ply becnuse of the exclusion of nil out siders from tho precincts of the model town: Police service $10,000 Flro department uud lighting. . 8,(140 Schools (teachers) 18,410 Schools (engineers aud Janitors) 2,818 Schools (gas, evening) 220 Schools (rental and heating)... 0.0SO Schools (i epalrs) 700 Total $."iO,iak A recapitulation of these figures gives the following Interesting remit: Pullman pays K48,01M:49 Pullman receives no.80S.oo Pullman makes 1,011.51 In addition to this the Pullman com pany iiuakes a clear protlt of several thousand dollars ou Us water plant, tho water for which Is supplied by tho city of Chicago. Besides the cash protlt, all Pullman corporations controlled by tho Pullman company pay nothing whatever for water. That this will not bo posslhlo In fu ture In tho result of nn Investigation made during tho past two weeks by h. V. McGnun, Olnyor Harrison's Com missioner of Public Works. Tho city's water contract with tbo model town wns explained nud Commissioner Mc Gnuu tinmedlntely sot out to effect a reform. Ho found tho Pul'.innn com pnuy buying water from tho city nt a rate of 4 cents per 1,000 gallons nnd selling Jt tocoiporntlons not under tho Pullman wing nt 10 cents per 1,000 gal lons, and to prlvato families In Pullman nt au even higher rate. Ho also found that t ho contract could bo cancelled up bn sixty days' notice. Tho necessary notice was Immediately given nnd In less than sixty days from tho present dato tho model town wilt bo pacing what other corporations nnd manufac turing concerns pay, that is, 10 ccuts per 1,000 gallons. Another result of tho first presenta tion of acts regarding tho municipality and tho town of Pullman wns secu dur ing tho past week. Upon a request from Commissioner McGanu, Corporation Couusel Thornton reudered an opinion Water Upon One Poor People Otber. in which ho holds that the streets In the model town, which have never been formally dedicated und which havo been held to belong to tbe Pullman com pany, are the property of the city of Chicago nud the city has complete Jur isdiction over them, ns over nil thor oughfares within the city limits. This opinion, when It Is backed up by n decision of the courts, In the event of n tight by the Pullman company, bus a deep slgiilllenuce. It menus, first, that there may be relief from the excessive wutor nnd light charges of the Pullman companies to the tenants of their houses lu the model town. The city will have u right to grant n franchise to another gas company to use the streets: for Its mains aud compete with tho Pullman Gas Company lu selling n com modify to tbo people of the town. It menus nlso that u street railway lino can be given authority to use the streets. of the town, nud It menus that the city can put Its own water plant aud mains In the towu nnd stop the system of rob bery for tbo supply of water furnished families In tho town. As u matter of fact, the Thornton opinion Is tho opening wedge to make way for the sumo privileges, the snmo benefits nnd protection to the people of tho model town that are furnished to the residents nnd taxpayers of Chi cago. It may mean nlso the first step In tho complete wiping out of the model town as nn Institution nud the control of the territory by tho tnxpnyers rath er than by the Pullman corporations. But there nro other things to come. Tho School Bonrd's lenses and con tracts with the Piillmnu corporations nre food for thought for tho city offi cials, now thnt they nro started on tbo right track and determined to accom plish a llttlo reform In tho dealings ot tho model towu with tho general muni cipality. Tho contracts of tho Pullman company with tho lire department fur nish more material along tho sumo line. This is nil outside of tho question ot assessments nud taxation, which must bo bundled by tho assessors, the coun ty Imnrd ot review und tbo State Board of Equalization, nnd which wns recent ly tho subject of an exhaustive open lotter from tho Taxpayers' Defense League, and which has ns yet brought no reply from President Pullman or' nny of Ids nssoclntes. President Holbrook of tho Taxpayers' Defense Lenguo lu his letter made tho broad statement that on account of tho benvy expenditures of tho city, county nnd Stato during tho Pullman strlku this Pullman companies had cost tho Gov ernment moro than had ever lieen paid In tnxes by tho Pullmnu corporations or would bo pnld lu tho next ten years. In view of tho fnct thnt tho Pullman corporations mako a gain overy year on account of contracts with tho city gov ernment this statement cnu hardly bo questioned. At tho present rate tliu end of ten years will seo many hun dreds of thousands of dollars credited to tho accounts of tho Pullman stock holders ns profits from dealings with tho city ot Chicago. Pullmnu residents pay Just 125 per cent moro for their gas for lighting nud beating purposes than do tho resi dents of nuy other section of Chicago. Dollar gas Is a reality lu Chlengo. Aud out lu Pullman $2.25 gns is nlso a, reality. And It Is u enso theio of us ing gns nt $2.25 per thousand feet or using coal oil and caudles, usually bought from tho Pullman stores ut prices that nro higher than those paid in tho city for tho snmo articles. Tho Pullmnu gns plant Is probably tho oldest ami least valuable lustitu tlou In tho model town, und lu uo seuso compares with nny gas plant In tho city ot Chlengo or any ot Its suburbs. !; fcauJtexstttbiAyAi'ri ... a&3KB , .r ..