Show S i ET RAILWAY FRANCHISE Tn greatest factor in the future j pro p Js of Salt Lake promises to be bethe bethe bee the th e development d and improvement of the t he street et railway and lighting system under u the te ownership of Mr Harriman In I n view bf f this fact it is pertinent to re recall can call c all the fact tact that Mr Harriman would not n ot have touched t the street railway system s with a forty f pole if the franchise f under which had hadnot not n ot been extended tended by the My council with w ith the approval of Mayor If It the franchise had bad remained In th form f orm It held when the negotiations for f r extension e began no capitalist or syndi syndicate syndicate cate c ate of o capitalists could have under undertaken undertaken taken aken t safely the expenditure e of the millIons m required to put the system into condition c for service Aa As H It Itis its Its is i s years will be required to place the p lants of the company to a point where they hey t will earn a a profit vr pr uit on the invest investment investment investment ment and the only inducement for Mr Harriman Harrman to take over the concern was the t he certainty that the life Ufe of the fran Iran franchise franchise chise hise c will give him an opportunity to get g et returns on the enormous sum need needed needed ed c cl for improvements Although the city eity was able to se cc secure secure cure c ure an immensely valuable water sup supply ply p ly in return for the franchise exten extension extension sion d on and although the councilmen who voted for the extension acted in per perfectly perfectly f good faith they were abused at atthe atthe athe the t he time as traitors to their constituents constituents e and enemies en mies of the public good goodA A suit instituted under American auspices is still pending having for its object o the annulment of the extension franchise f If it succeeded the company could still operate under its old rights but the people of Salt Lake would re regret regret gret anything that could possibly pre prevent prevent prevent vent the contemplated improvements or 01 hold back the Installation of a perfect transportation t system Indirectly the purchase of the light and railway company by Mr r Harriman and the benefits that will accrue from it vindicate every city official and private prIvate private vate citizen who worked for and voted for that franchise i |