The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-03-12
.GOT TOGETHER At LAST.
Mr.. Green and the Trustees
Agree Upon Contract.
BOTH SIDES SATISFIED.
The Trustees Given a Guarantee That
the Plant Will Cost $500, 900.
The Agreement to Be Submitted to the
Full Board of Trustees Today-En-
thusiastic Views of the Sub-Com-
mittee = No More Delay.

Mr.. Green and the trustees finally got
together.
The result is contract that meets Mr..
GREEN'S approval and satisfies the trus-
tees.
''The copper plant is go,'' say both
sides, and Salt Lake will throw up its hat
in the exhuberance of its thankfulness.
At last the copper plant is go.
After weeks OF negotiating, Mr.. Green
finally came down to business last night.
and definite conclusion was reached.
The subcommittee from the trustees,
consisting OF Messrs. Macintosh, Dom
neil, Mccormick, Cameron and Loot
borrow, met at the Knutsford yesterday
afternoon, and the entire matter was gone
over thoroughly. OF course, the main
point at issue was whether the copper
men would guarantee the expenditure of
$780, GOO in the completion OF the plant,
and 1t is said that upon this point the
committee stood firm, as the conditions of
the subscriptions would admit no other
agreement.
The conference lasted from D. m. to
p M, when an adjournment was taken
until s o'clock. At that hour all the
parties We're present, and the negotiations
I
gathered about the hotel lobby, all eager
to learn the result of the conference, and
when the members of the committee ap-
peared shortly after 10 O'Clock, no an
nouncement OF the result was necessary.
Their smiling faces told that satisfac
tory agreement had boen reached, and of
course they were at once besieeed with
persons who wanted the details.
The terms of the contract have at last
been decided upon,' said Mr.. Mackin
tosh, who acted as spokesman,
| land 1t will be reported to
the whole committee on Sunday
evening, with our recommendation that
1t be adopted. II this is done, and have
no doubt but that it will be, the contract
VIII be signed at once and the whole mat
ter disposed of.''
SATISFACTORY TO BOTH SIDES.
CIVIL the subcommittee state the
terms Of the contract that has been de-
cided upon?''
mo, it would not be proper to do SO
until 1t has been reported to the whole
IS entirely satisfactory to both ourselves
people"
THE COST GUARANTEED.
This was the end of the official report,
but another trustee said to a HERALD
man: ''This contract fully protects US
on every point in conflict. Mr.. Green
Will guarantee that the plant will cost
not less than 1900, 0O0, and this matter is
covered in very satisfactory Way. The
deal may be considered closed right now,
although it has yet to go before the whole
committee
a sANGUTNE VIEW.
1--WE went over all the plans very care
fully, said another member OF the COM
mlttee, land 1 can now say that the
people have not yet an idea OF the Inagni-
tude OF the plant. 1t Will be a great thing
for Salt Lake, and will bring a lot of fac
tories IN its train. 1t viii develop the
the mining industry and make this city
shipping center. -
did the committee have any difficulty
IN getting the detailed information de-
sired?''
None whatever, and Mr.. Green met
US half way. We know that these men
mean business. and there ism t doubt
now but that the plan as originally out
lined will be carried out. -
The reporter ''polled'' the sub-com-
mittee, and found that this was the ex-
preston OF every member of it.
The trustees and Mr.. Green will hold
their final meeting at the Knutsford this
evening but the contract will, of course,
not be signed until tomorrow. 1t is ex-
pected that the announcement of the site
will also be made tomorrow, as the COP
per men have made up their minds on
that point.
AS Mr.. Green has frequently expressed
himself as extremely anxious to get to
work at once, and there seems no reason
for any further delay, the work on the
plant Will probably be commenced this
week.