Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1888-08-28
THE RAILWAY SYNDICATE
On Certain Conditions the Deal will
be Closed.
Desired Ordinances by the Rock ISL
and Council Necessary to the Com
pletion Of the Purchase OF the Tri-
City Lines.

City Lines
The question as to whether or not tht
Chicago syndicate of capitalists will pur
chased the street railway lines of the three
cities, the Moline and Rock Island, and
Union. in this city, the Second and Third
street roads in Davenport and the Daven
port and Rock Island railway will be fin
ally settled within the next ten days. The
whole matter is now dependent upon the
accomplishment of two objects which are
wholly in the hands of the Rock Island
city council, and will be disposed of al
its meeting next Monday night. These
are the passage of the ordinance by thu
Rock Island city council granting tht
right of way for track from the soutt
end of the government bridge across Syl'
van water, and another ordinance grant
| ing the privilege of connecting the two
railways between Rock Island and Mo-
line, so that they will in fact be but one
railway. Mr.. r. s, Denig, agent of
the Chicago syndicate that propose:
to make the investment, arrived in Dav
export yesterday and this morning hi
paid this city a visit In conversation
with an ARGUS reporter he said his syndi
cate was DESTROYS of purchasing the entire
control of the roads with which the ne
gotiations are pending-n0t majority
or the stock, but absolute right and title
with desire to treat all the roads alikt
and continue to maintain them as on,
continuous system. The syndicate
option on the stock of the railroads de,
sired closes on Saturday next, the first
day of Sepiemher-and Mr.. Denig il
here to file acceptance. providing the
council here will pass the desired ordin
ances. The most prominent and influen'
tial capitalists and merchants in Rock
Island have promised Mr.. Denlg to dc
their best to have the council pass the
ordinance.
The ARGUS has always favored street
railway communication between the two
cities via the bridge aud indeed a large
majority of our citizens have felt tn,
same way. The opportunity is nov
offered to acquire these advantages ant
it should be grasred by the city council
The few who have opposed the bridg,
railway did it only on the ground of ,
line running between Moline aud Daveu,
port through the upper part o
the city without penetrating the business
portion. OF course this objection wa
well founded. The business men of Rocl
Island have no stronger or more faithful
champion than the ARGUS, and this paper
will advocate nothing that would worl
injury in the least degree to the CONNER
cial or business welfare of the city. Tn,
ARGUS does not believe that direct com
munlcation with Davenport is injurlou
to the general trade of Rock Island, ant
to say it is, would be to insult and BELT
tie our merchants, who are able to cop
with any other city. be it larger or smaller
than Rock Island. Mr. Denig has
however, pledged himself in behalf of tn
syndicate and will renew the pledge be
fore the council, that in the event of tn
syndicate securing the right of way de
sired, it will build double track be
tween Market square and the bridg
and run cars direct between the terminu
on Market square and Davenport. Tn
new syndicate proposes to benefit Rocl
Island by relaying all the tracks of tn
Moline & Rock Island line and equippin,
the whole system with new cars and re
ducing the time between cars to sever
minutes.
Tue Union street railway has alresG
decided to ask certain additional right
connecting it with the old line and if In
city council does its duty next Monda
night, it will grant the ordinances prayed
for.