Rensselaer Journal, Volume 11, Number 3, Rensselaer, Jasper County, 27 June 1901 — Wanamaker Has Another Offer. [ARTICLE]

Wanamaker Has Another Offer.

John Wanamaker has met the declaration of Congressman Robert Foerder, one of the men interested in the new street railway franchises at Philadelphia, that Mr. Wanamaker is not in a position to pay the city $2,500,000 for the privileges granted by Mayor Ashbridge and the councils without a cent of compensation to the municipality. Mr. Foerder, speaking for himself and the other special beneficiaries of the street railway legislation at Harrisburg, has stated that, as the ex-post-master general held no charter, he knew he was not in a position to deal with the city, and that his offer of $2,500,000 was a "bluff.”