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EE 20 WINNETKA TALK December 1, 1928 ect | PEAT WATER SUPPLY and LINOLEUM SALE PROJECT NEAR REALITY Starting December 1st and continuing all month. Greater Chicago Lake Water Open Saturday Evenings Until 9 P. M. Company Sclicits Contracts; DAVID G. B ARRY | Includes Wilmette Established in 1920 Declaring that it will be able to sup- 806-810 GROVE ST. - - - =- Private Parking Space ply Chicago's west, northwest and Phones: University 5712 Greenleaf 2300 . {north suburbs with an unlimited The Largest Exclusive Carpet, Rug and Linoleum Store supply of soft, filtered Lake Mich North of the "Loop" igan water at a reasonable cost, the Greater Chicago L.ake Water com- pany, with offices in the Bankers build- ing, Chicago, has announced that it is beginning at once a drive to obtain 30- Located in the Heart of Evanston vear contracts for this service from a . group of thirty-one villages. Overlooking | "All legal and other difficulties are at last cleared away," declared Charles -. . J Northwestern University Campus | S. Thrasher, president of the company, : . . | "and we are going to present our and Lake Michigan | water contracts to the boards of trus- Light--Airy Class rooms. Thoroughly planned curri rely as use as Rppointients can be culum. Faculty of only professional artists. Under the | '3¢¢ 107 hearings. direction of Carl Scheffler "I want to make it clear right at the ¥ start that ours is in no sense a stock DRA IN RATION PAINTING ADVERTISE N selling scheme. We are positively not L NTERIOR STAGE ART going to obtain contracts from the vil- CRAFTS 1 lages and then come around to the Send for Illustrated Catalog | residents and ask them to buy stock so we can go ahead with the work THE EVANS | ON Al ADEMY "Ample financial backing has been Pledges. to our Eompany by EH: Role lins Sons of Chicago, P. . Chap- OF FINE ARTS 636 CHURCH STREET ie & SR, der Chicago and EVANSTON ILL. PHONE.GREENLEAFI674 |i, |, "iii" Thay aid inc L known banking houses in the United Opening Announcement er Afne. NUT SHELF Evanston's Unique Nut Shop at 1625 Sherman Avenue -- Opposite Postoffice EVANSTON Salted Nuts Shelled Nuts a Almonds Nuts in the Shell Pecans Cashews Peanuts Pistachios Filberts English Walnuts Black Walnuts Hickory Nuts ba Nuts Salted Fresh Every Hour We Deliver Phone Greenleaf 6366 AND DINNER Management Ring-Ting Candy Shops States, all of which make a specialty of public utility financing, Crib at Wilmette "These companies are right now un- der contract to advance $12,000,000 for construction purposes just as soon as we show a sufficient number of water supply contracts with villages to indi cate that our sales will be large enough to insure earnings. This method, it may be mentioned, is the usual one in financing gas, water and other public utility enterprises. Many of the most successful utilities in the United States have been put into operation in exact ly this way. "We are going to build a crib in the lake at Wilmette, run a tunnel from it to a pumping station and filter plans on shore, and run a pipeline southward around the western city limits of Chi- cago and connect with the water sys- tems of each western suburb at its cor- porate limits. "The water will be soft, filtered, and will be delivered at a guaranteed mini- mum pressure of 50 pounds. Measure- ment will be made by meter, and the price to the village corporation will be based on the volume consumed, there being only one scale of prices for large and small communities alike. The maximum price is 15 cents per thou- sand gallons for communities using 50,000 gallons a day or less. The mini- mum price is 8 cents per thousand gal- lons for communities using 7,000,000 gallons a day or more. The scale for quantities between these extremes is proportioned on the same principle as power, light and gas charges are pro- portioned. Awaits Town Verdicts "We have been asked many times how soon we can start building our crib, pumping station and pipeline. We are forced to reply that this depends upon the villages themselves. We and our financial backers are all convinced that there is need for our water supply service in the west towns. But any business man will agree that we can- not in fairness be expected to build a $12,000,000 job unless we have positive assurance in the way of contracts that it is going to be profitable for a period long enough to make it a worthwhile project, "This is why we are urging all vil- lages which desire lake water to con- tract with us for it without delay. We know of no other manner in which we can obtain positive assurance that our water will be purchased when it is de- livered. Hence we believe it reason- able that any village which really wants soft, filtered water from Lake Michigan will be willing to pledge it- self beforehand to take that water for a period of time. "Our offer stipulates that if we do not begin construction work within six months of accepting a contract, the vil- lage which gives the contract is auto- matically released therefrom. We esti- mate that to build the pipeline will re- quire at least two years from the date of commencing construction. Furnish Water in 1931 "Therefore we are frank to say that we cannot furnish water under any circumstances before 1931. But if we can get a majority of villages with us at once we can certainly furnish it by that time, and of course having gotten our money and begun work we would have every incentive for completing it as soon as possible in order to get our earnings started. "We are confident that any village which contracts with us will thereby end its water troubles. This certainly cannot be said when a village tries to solve its problem by drilling new wells or by contracting with Chicago. "Our source of supply will not de- crease steadily like the wells in the west town district, nor will our water be of varying hardness or taste. Neither are we in politics, and so the efficiency of our service will not de- pend upon changing political admini- (Continued on page 43)