Титан

An Hour of Defeat

           Itwasalong,intricatefightthatfollowed,butitinvolved(beforeCowperwoodcouldpossiblyreachthenewaldermen)aproposedreintroductionandpassageofthemuch-opposedGeneralElectricfranchise,thegrantingofrightsandprivilegesinoutlyingdistrictstovariousminorcompanies,andlastandworstathingwhichhadnotpreviouslydawnedonCowperwoodasinanywayprobabletheprojectionofanordinancegrantingtoacertainSouthSidecorporationtheprivilegeoferectingandoperatinganelevatedroad.ThiswasassevereablowasanythathadyetbeendealtCowperwood,foritintroducedanewfactorandcomplicationintotheChicagostreet-railwaysituationwhichhadhitherto,forallitstroubles,beencomparativelysimple.

           InordertomakethisplainitshouldbesaidthatsomeeighteenortwentyyearsbeforeinNewYorktherehadbeendevisedanderectedaseriesofelevatedroadscalculatedtorelievethecongestionoftrafficonthelowerportionofthatlongandnarrowisland,andtheyhadprovedanimmensesuccess.Cowperwoodhadbeeninterestedinthem,alongwitheverythingelsewhichpertainedtopublicstreettraffic,fromtheverybeginning.InhisvarioustripstoNewYorkhehadmadeacarefulphysicalinspectionofthem.Heknewallabouttheirincorporation,backers,theexpenseconnectedwiththem,theirreturns,andsoforth.Personally,insofarasNewYorkwasconcerned,heconsideredthemanidealsolutionoftrafficonthatcrowdedisland.

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