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Chicago Traction Wars
The Chicago Traction Wars was a political conflict which took place in Chicago primarily from the mid-1890s through the early 1910s. It concerned the franchise and ownership of streetcar lines. At the time it was one of the dominant political issues in the city and was a central issue of several mayoral elections and shaped the tenures of several mayors, particularly those of Carter Harrison Jr. and Edward Fitzsimmons Dunne. Background Chicago awarded its first street railway franchises in 1856. Early on, dozens of streetcar companies arose. However, by the 1890s mergers and acquisitions had left only a handful. 99-year franchise act In the summer of 1863, the "Gridiron Bill" was proposed to extend the franchise of Chicago streetcar companies to 99 years. This generated outrage in Chicago, with large petitions and protests arising. In January 1865, overriding a veto from Governor Richard Yates, the Illinois legislature passed the "Century Franchise", which had by then become ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1897 Chicago Mayoral Election
In the Chicago mayoral election of 1897, Democratic nominee Carter Harrison Jr. was elected, winning a majority of the vote and defeating independent Republican John Maynard Harlan, Republican nominee Nathaniel C. Sears, independent Democrat Washington Hesing, as well as several minor candidates. Harrison carried a 26.7 point lead over second-place finisher Harlan, a margin greater than Harlan's vote share itself. Incumbent Republican mayor George Bell Swift declined to seek reelection. Harrison won the Democratic Party's nomination by acclamation at its city nominating convention, being unopposed after opponents for the nomination withdrew their candidacies, including Superior Court of Cook County Judge John Barton Payne and President of the Chicago Board of Education A. S. Trude. The election was held on April 6. Nominations The election had held the record for being the Chicago mayoral election to have the most candidates running on the ballot for 122 years, until the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Utility
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods/services that are considered essential; water, gas, electricity, telephone, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by ''economies of scale'' in production. There are many different types of public utilities. Some, especially large companies, offer multiple products, such as electricity and natu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Ownership
Social ownership is the appropriation of the surplus product, produced by the means of production, or the wealth that comes from it, to society as a whole. It is the defining characteristic of a socialist economic system. It can take the form of community ownership, state ownership, common ownership, employee ownership, cooperative ownership, and citizen ownership of equity. Traditionally, social ownership implied that capital and factor markets would cease to exist under the assumption that market exchanges within the production process would be made redundant if capital goods were owned and integrated by a single entity or network of entities representing society; but the articulation of models of market socialism where factor markets are utilized for allocating capital goods between socially owned enterprises broadened the definition to include autonomous entities within a market economy. Social ownership of the means of production is the common defining characteristic of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Property
Public property is property that is dedicated to public use. The term may be used either to describe the use to which the property is put, or to describe the character of its ownership (owned collectively by the population of a state). This is in contrast to private property, owned by an individual person or artificial entities that represent the financial interests of persons, such as corporations. State ownership, also called public ownership, government ownership or state property, are property interests that are vested in the state, rather than an individual or communities. Differences from private property In a paper by Armen A. Alchian, he explored what distinguishes public property from private property, concluding that a unique difference lies in the limitations put on its alienability. That is, a crucial feature of public property lies in the inability of their owners to sell or grant them to others. According to Alchian, private property is that which can be transferr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Municipalization
Municipalization is the transfer of private entities, assets, service providers, or corporations to public ownership by a municipality, including (but not limited to) a city, county, or public utility district ownership. The transfer may be from private ownership (usually by purchase) or from other levels of government. It is the opposite of privatization and is different from nationalization. The term municipalization largely refers to the transfer of ownership of utilities from Investor Owned Utilities (IOUs) to public ownership, and operation, by local government whether that be at the city, county or state level. While this is most often applied to electricity it can also refer to solar energy, water, sewer, trash, natural gas or other services. Between 2006 and 2016, there have been 13 different communities in the United States that have successfully switched from an IOU to a municipal utility. Most of these communities consisted of 10,000 people or less. Although proponents of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Illinois General Assembly
The Illinois General Assembly is the legislature of the U.S. state of Illinois. It has two chambers, the Illinois House of Representatives and the Illinois Senate. The General Assembly was created by the first state constitution adopted in 1818. , the current General Assembly is the 102nd. Under the Illinois Constitution, since 1983 the Senate has had 59 members and the House has had 118 members. In both chambers, all members are elected from single-member districts. Each Senate district is divided into two adjacent House districts. The General Assembly meets in the Illinois State Capitol in Springfield, Illinois. Its session laws are generally adopted by majority vote in both houses, and upon gaining the assent of the Governor of Illinois. They are published in the official ''Laws of Illinois''. Two future presidents of the United States, Abraham Lincoln and Barack Obama, began their political careers in the Illinois General Assembly–– in the Illinois House of Represe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Coughlin (alderman)
John Joseph Coughlin (August 15, 1860 – November 11, 1938), known as "Bathhouse John" or "the Bath", was an American politician who served as alderman of Chicago's 1st ward from 1892 until his death. Representing the Chicago Loop and in later years its environs, he represented what was often called the "world's richest ward". Alongside his partner, fellow 1st ward alderman Michael "Hinky Dink" Kenna, he controlled the ward for most of the first half of the 20th century. A part of 1st ward politics for about 50 years, he was a charismatic and eccentric figure who was well-known across the city and adored by his constituents; he and Kenna constructed a machine that would last the better part of the 20th century. He was the longest serving alderman in Chicago history until November 2014 when his record was surpassed by Edward M. Burke of the 14th ward. Notoriously corrupt, he and Kenna led the "Gray Wolves", a group that attracted much scorn from reformers; he and Kenna in par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
