Show Measure to ho to tn the tho or of Illinois ChiCAgo Dec G control and of street railways with PoPular safeguards In the nature of a referendum and an open ollen Ss tern ot of and provisions for Cor ultimate municIpal ownership are the main features of oC the bill to be presented pre to the ne next t legIslature by the street railway commission of Chicago The measure has been completed and pissed upon by lawyers lawers and Is now ready to go 10 before fore the mem members r of the city council fur gen nh eral r 1 I inc are Regulation ot of street treet railways In the interest of the public by city coun councill cill cli frontage laW nep Repeal ot of existing street net att Street grants to be submit submitted tell ted to vote vot of people It if cU city council so orders or ten per cent of Voters otell ask ak for such uch method Future grants grant to Street railway COlli may ma contain provision for ownership without compensation at expiration of DC the grant CIty street railways nt at expiration of grants Cost COlit of to be defrayed by street railway certificates of Indebted Indebtedness ness but no bon bonds ls Are to be issued agaInst the cre credIt ot of the city Creation of street railway fund Cund for reo re Interests on bonds and other moneys received through traction leg legIslation legislation I Uniform manner of bookkeepIng for all 1111 traction companies the hooks book to be open to Inspection b by state auditor at atall nil all tunas times No o bonds bont to be leaned b by an any street railway company compan except upon permie permission sion elan of a state board appointed to palS pace upon the matter maUer Detailed statement of financial condl condi conditio tion tio of every street railway to ie be pre presented to state auditor yearly and made public The street railway bill Is to be tol fot lowell b by the subway bill to e be drawn In accordance with a re resolution adopted by council on P February 5 1900 Roth noth bills bill are expected to reach the tUre In January |