Титан

Street-railways at Last

           "AddisonwantedtoconveytheimpressionthatthecitycouncilorpublicsentimentorsomethingwasgoingtoforcetheNorthChicagocompanytoindulgeinthisgreatandexpensiveseriesofimprovements.

           Kaffrathprickeduphisears.WhatwasthecityCouncilgoingtodo?Hewantedtoknowallaboutit.Theydiscussedthewholesituationthenatureofthecable-conduits,thecostofthepower-houses,theneedofnewrails,andthenecessityofheavierbridges,orsomeothermeansofgettingoverorundertheriver.AddisontookverygoodcaretopointoutthattheChicagoCityorSouthSideRailwaywasinamuchmorefortunatepositionthaneitheroftheothertwobyreasonofitsfreedomfromtheriver-crossingproblem.ThenheagaincommiseratedtheNorthSidecompanyonitsratherdifficultposition."Yourcompanywillhaveaverygreatdealtodo,Ifancy,"hereiterated.

           Kaffrathwasdulyimpressedandappropriatelydepressed,forhiseighthundredshareswouldbedepressedinvaluebythenecessityofheavyexpendituresfortunnelsandotherimprovements.Nevertheless,therewassomeconsolationinthethoughtthatsuchbetterment,asAddisonnowdescribed,wouldinthelongrunmakethelinesmoreprofitable.Butinthemeantimetheremightberoughsailing.Theolddirectorsoughttoactsoonnow,hethought.WiththeSouthSidecompanybeingdoneover,theywouldhavetofollowsuit.

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