The record-union., 1892-09-30

The withdrawal of the name OF the Folsom
Water Power Company from the recent appii-
cation for street railroad franchise and the
substitution Of our individual names there
FOR, was because of possible legal incompe-
tency of the company To accept such fran
elise. Our names stand for all the develop
ment projects Of the company.
ALBERT GALLATIN,
HoRATIo p. LIVERMoRE.
This telegram explains why it was
necessary to change the names used in
the application for franchise, but it
does not explain why the franchise APP
piled for was changed and q street asked
for instead of II and +, as in the original
application. There is where all the
trouble lies. The request of the Folsom
Water Power Company as originally
presented was for system which would
compete with the Central Company's
system in all parts Of the city, while the
franchise asked for in the name of Messrs.
Gallatin and Livermore was in no sense
Tor competing system. 1t would result
IN destroying competition on the north
side Of the city by depriving the Central
Company of the only street 1t was asking
for in that section.
The original proposition of the Folsom
Water Power Company was promptly
Endorsed by citizens generally, and no
difficulty was experienced III getting
signatures to a petition III its favor. But
the people who signed that petition are
not in favor of the one which was so
suddenly and adroitly substituted for it.
one OF the gentlemen who advocated 1t
before the board on Monday morning
said yesterday that all he said was under
misrepresentation; he did not know that
ii street had been dropped and street
substituted. II he had he would not
have advocated it.
The fact is, the people of II street feel
that they ought to have an electric street.
car line, after the old horse-car line has
been operated before their doors for
eighteen years, and the people of the city
generally agree with them. There is Il
movement now on foot which, if success
full, will settle the whole difficulty. This is
TO leave the G-street 10 the Central Com
pany, as decided by the Trustees last
Monday, and induce Messrs. Gallatin
and LiVermore to go back to their origl-
nal proposition and take a franchise Tor
II street. This will mean real COM
petition, and will give the h-street
people, both east and west of
Twentieth street, what, they desire,
and will insure splendid service on that
side of the city. The plan, of course, in
cludes giving those gentlemen the fran
chise they ask for on \ street. 1t is be-
ieved that Messrs. Gallatin and Liver
more will see the justice of this plan to
the whole city, and that they Will lay out
new system, which will really be a
much better one for them, and at the
same time give much better satisfaction
to the people generally.
The plan outlined is the result of care
full consideration by those who take a
deep interest in the subject Before the
matter was thoroughly understood there
were many who thought that the Trustees
acted hastily in granting the franchise for
G street to the Electric Company, but
public opinion now generally indorses
their action. 1t is now seen and under
stood that by giving the G-street fran
chise to the Central Company and other
streets to Messrs. Gallatin and Liver
more, real competition will be secured,
which is what the people want.
a meeting of the Board of Trade was
called for yesterday afternoon to discuss
the street railway situation, but there was
no quorum present and nothing was done
Those present, however, expressed them
selves in favor of leaving the G-street
franchise as decided by the majority of
the Trustees on Monday, and inducing
Messrs. Gallatin and Livermore to change
their application so as to give competi-
tiOn