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The Titan [94]

By Root 3344 0
The best thing in the long run would be to tunnel under the river; but that is such an expensive proposition that, as things are now, we are in no position to undertake it. The traffic on the North Side does not warrant it. It really does not warrant the reconstruction of the three bridges which we now use at State, Dearborn, and Clark; yet, if we introduce the cable system, which we now propose, these bridges will have to be done over. It seems to me, seeing that this is an enterprise in which the public is as much interested almost as we are, that it would only be fair if the city should help pay for this reconstruction work. All the land adjacent to these lines, and the property served by them, will be greatly enhanced in value. The city's taxing power will rise tremendously. I have talked to several financiers here in Chicago, and they agree with me; but, as is usual in all such cases, I find that some of the politicians are against me. Since I have taken charge of the North Chicago company the attitude of one or two papers has not been any too friendly." (In the Chronicle, controlled by Schryhart, there had already been a number of references to the probability that now, since Cowperwood and his friends were in charge, the sky-rocketing tactics of the old Lake View, Hyde Park, and other gas organizations would be repeated. Braxton's Globe, owned by Merrill, being semi-neutral, had merely suggested that it hoped that no such methods would be repeated here.) "Perhaps you may know," Cowperwood continued, "that we have a very sweeping programme of improvement in mind, if we can obtain proper public consideration and assistance."

At this point he reached down in one of his pockets and drew forth astutely drafted maps and blue-prints, especially prepared for this occasion. They showed main cable lines on North Clark, La Salle, and Wells streets. These lines coming down-town converged at Illinois and La Salle streets on the North Side--and though Cowperwood made no reference to it at the moment, they were indicated on the map in red as running over or under the river at La Salle Street, where was no bridge, and emerging therefrom, following a loop along La Salle to Munroe, to Dearborn, to Randolph, and thence into the tunnel again. Cowperwood allowed Haguenin to gather the very interesting traffic significance of it all before he proceeded.

"On the map, Mr. Haguenin, I have indicated a plan which, if we can gain the consent of the city, will obviate any quarrel as to the great expense of reconstructing the bridges, and will make use of a piece of property which is absolutely without value to the city at present, but which can be made into something of vast convenience to the public. I am referring, as you see"--he laid an indicative finger on the map in Mr. Haguenin's hands--"to the old La Salle Street tunnel, which is now boarded up and absolutely of no use to any one. It was built apparently under a misapprehension as to the grade the average loaded wagon could negotiate. When it was found to be unprofitable it was sold to the city and locked up. If you have ever been through it you know what condition it is in. My engineers tell me the walls are leaking, and that there is great danger of a cave-in unless it is very speedily repaired. I am also told that it will require about four hundred thousand dollars to put it in suitable condition for use. My theory is that if the North Chicago Street Railway is willing to go to this expense for the sake of solving this bridge-crush problem, and giving the residents of the North Side a sensible and uninterrupted service into the business heart, the city ought to be willing to make us a present of this tunnel for the time being, or at least a long lease at a purely nominal rental."

Cowperwood paused to see what Haguenin would say.

The latter was looking at the map gravely, wondering whether it was fair for Cowperwood to make this demand, wondering whether the city should grant it to him without compensation, wondering whether the bridge-traffic problem was
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