Loyola University Chicago - Loyolan Yearbook (Chicago, IL)

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Some ll,250 Chicago wholesalers do about 22 billion dollars' worth of business a year. Leading lines of wholesale trade ranked according to dollar sales are groceries, farm products, automotive equipment, ma- chinery, paper, electrical goods, drugs, lumber, dry goods, and hardware. There are 75 separate shopping centers within the city limits, the best known of them being State Street with its world-famous department stores. Chicago's retail trade, exclusive of its mail order trade, amounts to 5.7 billion dollars a year. The city's mail order houses distribute 40 million catalogs annually, and account for 93 percent of the nation's total mail order business. Chicago possesses a Mayor-City Council form of government. The City Council is composed of 50 aldermen representing as many city wards. The execu- tive branch oi the city government includes the mayor, city clerk, treasurer, and the heads of the various city departments. These men administer and enforce the laws enacted by the legislative branch, the City Count il. The judicial branch consists of the chief justice of the Municipal Court, 56 associate justices, and their clerks and bailifls, The cost of running the city of Chicago is slightly oxer 700 million dollars per year. According to the National Research Council, Chicago, with its more than 1,200 industrial research laboratories, is the hrst city in the nation in industrial research. Scientists at the University of Chicago pro- duced the first atomic chain reaction. The first reactor for providing electric power from atomic energy was also made here. Argonne National Laboratory, located in a Chicago suburb, is the nations leading center of research in the industrial uses of atomic energy. Millions of newspapers a year are printed and distributed in Chicago, thus making Chi- cagoans among the most well-informed in the world. llilxg

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The multiple railroad lines converging upon Chicago make it possible for the city's in- dustries and businesses to ship their products to every corner of the land. The worlds busiest airport is lvlidway, through which pass nine million passengers n ycnr. 14 -Y AJ.---.. W-, ,N..i.......'..Y-..-. ..,........-...... ....c-,--,..- , -....-......---- rf ---ZLL - -...xi , f , ,.. , -4 , , , 1:0611 i 1 :sul 1

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CHICAGO JUURNALISM THE 1959 LUYULAN The heart of all journalism is the news. The task of the journalist is gathering, recording, and distributing the news. As such, his function has come to be one of the most crucial in modern times. American democracy, with all its benefits, imposes upon its members the responsibility of active and in- telligent participation in their country's affairs, a re- sponsibility which demands that Americans themselves be fully and ably informed of signihcant personalities and events. The service, however, which a newspaper renders its readers goes beyond the routine recording of a specific event. The truth of a given situation is neither easy to find nor simple to portray. To bring truth alive, to portray it in print, requires the precision and objectivity which is indicative of journalism at its best. The speed and immediacy, moreover, with which a newspaper can perform its role places it in the unique position of acting as the historian of today, the prophet of tomorrow. The Lojiofrm, therefore, proudly dedicates its 1959 edition to journalism and especially to the journalists of Chicago. The city's four major dailies, its many neighborhood and foreign language journals, as well as The New World, have demonstrated their outstanding dedication and skill. Chicago and the nation are richer for their service. YL jj ll, il' fgj ig .Q af if it c 'NJ .......,....r,..w......-..un-,,..-..-:... ..--.,-.--,.w-.i.Hm.,.u-1.1-.rv yu----uma .--...n -. - -wi 'L Lisa.- . 1 , .W Y nil ll