Omaha daily bee., 1893-05-26

depots and warehouses. We shall shortly
purchase forty acres on the east side OF the
river to give us suitable yards there, al
though we already have connec-
tions with all the roads running
into Council Bluffs, ana although it
will be possible for any or all OF them TO get
to the bridge without the laying of any more
track than is already in place, we want
this additional ground over there for dis
tributing yards. No contracts have been
entered into with any road to use our bridge,
and we are not seeking any at this time.
You do not find men out looking for tenants
before they build their houses as they build
first and are satisfied that they will find
enough tenants afterwards II everything is
as it should be. This is the way we feel in
this case.
I'VE are perfectly satisfied to take our
chances in getting our share of the business,
and the company Is not worrying at all over
the outlook Our money is forthcoming
whenever wanted as our bonds have been
placed, and as we have 5000 900 at our dis
posal Further than this, the bonds are in
the hands of wealthy stockholders, and there
will be no crowding as is sometimes the case
when bonds are IL the hands of people who
feel the need of interest.
1--WE already have the land for depot
grounds inc possession, the bridge Is half
completed, we have ample capital at our
command and no obligations pressing Ought
there to be any question as to the success of
the enterprisel We will be running trains
into this city over our bridge early in Sep
tember, and there will be no disposition to
beyond the paper on which they were orig
inally drafted, and we have not yet to go
out and buy the first of our property. 1T is
all in our hands, and 1t is simply question
of time necessary for the workmen to carry
the plans into execution.
Other improvements Contemplated.
1.-THE complete scheme contemplates the
ht,,1t &c l,,,, .lxr q
erection in this city of union passenger
depot, but we have not yet appropriated the
money for that. The entire plan however,
can be carried into execution for S4,500. 900,
,na which does not begin to exhaust
We desire to complete one thing
at time, and the bridge will first be COM
pleted and freight yardage and trackage
provided before we take up the passenger
branch of the question. AS said before, we
do not care to boast about what we are
going to do In the future, as we prefer to
wait until we can show what we have done
and are doing II is more satisfactory and
convincing than all the wind and fancy
sketches on paper that could be gotten to-
gether."
A little delay in reaching bedrock with
the drawpier was experienced because of the
necessity of removing several loose boul-
ders, that were found just above the solid
rock, but by the aid of the great dredge
they were success sfuly handled, and the pier
settled into position on the permanent base
that received it as nicely as though it had
been specially prepared for it by natures
architect The work of filling the hollow
center of the pier will begin tomorrow, and
within week the substructure will be a
solid mass to the surface of the water
Chief Engineer Waddell came up to per-
sonally superintend the work at this juno
ture, and to see how the pier reached it's
final position. He will remain in the city
several days.
Mr.. Potter left last evening for ST. Louis,
where, in company with the chief engineer
of the st. Louis Terminal Railway company,
of which corporation Mr.. Waddel is also the
consulting engineer he will view the extern
sive grounds and complete track system and
equipments of the best arranged and most
satisfactory terminal system in the country,
preparatory to the similar arrangement of
the grounds Of the Omaha Bridge and Ter
minal Railway company In this city,