Show CHICAGO WANTS PUBLIC PLANTS first steps taken to purchase street railways negotiations tor the purchase of the chicago street railways were opened wednesday between the traction representatives and the city of chicago A proposition Is pending under which the companies at once will proceed to modernize their lines and sell to the city a a fair profit thus get ting rid of all legal complications and securing immediate municipal owner ship the nearest approach to definite re suits obtained from the conference was a practical agreement on a joint conference to be held soon by the mayor the traction interests and the city council committee on transports alon |