The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-03-26

The egstzens meeting heid yesterday
afternoon 81 The Chamber 81 Commerce
for The purpose OF arranging for secaFlHE
subsgdlas % insure TIE eonstri4etlon q
the soafh canal and nlliEg % me ti1e
fats. was oae u tne most enthusiastic
gatherings ever ne!d Ia this city, and u
fha spirit displayed Is followed up ~
deeds sf leaves 30 doubt that TIE ftii4
amount 2lIl soon b. subscribed he
room vas nIlea almost 10 surocatsou.
stsEafng room being denied 20 late com
ere and before the close % the meeting
arrangefrenfs were made for the holding
Of grand u5aaAs melting THURSDAY even
Ing az the armOry. ia order that All tns
citizens may ~ accommodates ana the
proposition discussed ia detail ~ VAS
expected that Henry sempls Anaes. Of 81
Louie the representative Of the Eastern
CAPITALISTS uh0 have agreed TO furnish
the money. would be present and address
tho meeting. bat he wAs detained At his
room az the Butler hotel with the grippe.
and consequently could not be present.
The meeting was called 20 order ~ sam
uei l.. Crawford. and Jacob Furth was
Immediately elected chairman and ". u.
Wood secretary.
What the Subsidy l. For.
Afr. Furth made a short address. Ia
which he explained the object 81 the
meeting. and he pointed out the benefit
thai would accrue 30 Seattle generally
b. the filling in Of TIE tide fats aud the
building u the canal tie also said thai
the securing Of the subsidy was necessary
20 cllnch The contract and secure the
support OF the ST Louis capitalists he
SAID that the principal item 90 be Gov
erred ~ the Subsidies h the lock. which
will cost over S2a9u. there were also
Necessary one railroad and GTaffic bridge
at Grant street. one street railroad and
traffic bridge Ia the Rainier avenue val
lev. and other necessary Wagon bridges
and hastily. right-of- way for the canal. IN
some places as vide as loo feet. All
this work IL estimated 20 cost not less
than &59.n99 he stated that the subsi-
dies would not have 10 he paid or con-
yeyea until the canal WIS finished ard
opened to traffic the subsidy agreements
20 take effect only upon the completion
of the canal Mr. Fgrfh called on Mr
Wood 10 state the substance OF the IN
tervlew between Mr.. Ames and the com
mittee invited 20 meet him last Friday.
The Money II All Ready.
Ar. Wood said that the committee con
sisted ny =. a Turner. q. r CoaoveF. r
IL. Nhitworth and himself. and that Mr.
Agues stated 10 the committee thsA the
party OF s.. Louis visitors who had been
here were very much pleased with Seat
tie and It's future prospects ana the
canal and the tide land project These
men were really committee sent out
here by the trust .ompany with whnrl
negotiations have been pending for ~.
money To DO The work some time was
consumed Ia the preparation OF the re-
port Of the attorney Judge William g
Boyis. anS Of the engineer. COL Thad-
deus Flad who had arc0rtfs ulad the par
Ia 2 - ia H..
many important questions. both n a
legal aud engineering character. present
Il themselves. bat all these questions
and difficulties had now been practically
solved and the only remaining contln-
GtnCy % any consequence ANS the suh-
sidy required by the 81. Louis Investors
70 cover the estimated cost Of locke
bridges and right-of-Way. Al financial
arrangements for beginning the work
had been made, go that work would hc-
sin az soon after the raising ~ the sub
silly a. the necessary machinery and
material could he gotten on the ground.
possibly within affrgn days auf not
more than thirty DAYS from she date az
the completion of tho subsidy.
Terms IF the subsidy
Mr.. Wood explained the conditions ~
the subsidy agreement as asked for by
sce s. Louis people Ire said that this
was not new question AZ all. that "A
subsidy had been tOntitlau Of che en-
terprtso from the beginning but that NJ
subsidy bad been solicited for a month
past beeause the waterway eorsranv pre-
ferrci "a vait for a final Aecislou from
the - Louis parties az - whs,hsr they
Noule fafutsh the MONEY 20 complete thr
work. sew that they Pave decided % 90
-. li oglY remained for tho citizens 81
seatfle - secure the Subsidy in order g.
tusate TIE Immediate commencement Or