Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1901-01-31
City Election,


City Election.
The time Is fast approaching when
the election of city officers will take
place. The officers to be elected this
spring will be as follows:
Mayor.
City Solicitor.
City Treasurer.
l City Assessor
1 Councilman First ward.
l Councilman Second ward.
l Councilman Third ward.
1t is common in such elections to di-
vide on party lines, and we suppose it
will be done in this case, and if so 1T is
Important that each party select for
each position, their very best men. 1t
is certain that many important city
Improvements will be made in the near
future, and the city will be called upon
to take an active part in the develope
ment of such improvements. and there
fore none but the very best men sho'd
be named for position. We are not
advocating the claims of any man or
set of men for position. but We are di-
cidedly favorable to the selection of
the very best men for every position.
| Party will, no doubt, enter in to the
contest, but as both parties have good
men, there is no good reason why
mistake should be made in selecting
candidates.
We merely make these suggestions
to call public attention to the fact that
the City election is only abutsix weeks
distant. and due consideration should
be had before selection of candidates
is made.
North Western in Control.
| Final negotiations for complete alb
sorption of the Chicago Minneapolis
y Omaha line by the Chicago & North
western company have been made in
New York, the home of the ruling
powers behind the Northwestern
system. Since 1882 the Northwestern
has controlled the Omaha, which has q
trackage of $50 Is miles.
| 1t is said that for long time the
Northwestern had been working to
secure full claim to the Omaha, but
the question of stock transfers has
been u stumbling bloc.s in the way to
the desired end.
| Control of the Omaha by the North
western came as o result of a rate war
between the Omaha and Chicago, Mil
waukee u ST. Paul lines. A short
time before 1882 the ST. Paul company
built into the Omahas territory at
two points-to saltwater from Hast
ings and into Eau Claire.
The Omaha felt that the 81 Paul
had oyerstepped its limits, and from
the inability to bring about d reconcil-
iation between the two roads grew a
mark ed slashing of passenger rates.
At that time the Northwestern had
traffic arrangement with the Omaha
affecting traffic at Elroy. 1t became
alarmed at the prospect, thinking the
war would be extended to other terri
tory. VIM. II. Vanderbilt called
meeting in New York at which repre-
sentatives ofthe Northwestern Omaha
and st. Paul lines we're present.
The general situation was thorough
4 ly discussed, but no satisfactory un-
derstanding could be reached. Mr..
Vanderbilt then bought almost one
half OF the Omahas stock, turning it
over to the Northwestern
| 1t is said that the Northwestern
holdings of Omaha stock before the
consumatlon of the deal were $500
shares of preferred and $4,000 shares
of common. In the genera! assets of
the system this stock was valued at
$l0,O00,000. Atcurrent quotations the
| $4,000 shares are valued at 1921 100000.
The Chicago, st. Paul, Minneapolis
Il Omaha runs from Omaha to Sioux
CITY IN Nebraska, and from Sioux City
in Iowa by leMars, Alton, Sheldon
and Sibley to the line and thence to
st. Paul. There are 1851 30 miles of
the road altogether, $3.50 of which are
leased in Iowa. The stock is valued
at s34ooo,ooo, but only 4,3l4,7l3 was
realized The gross earnings in Iowa
in 1900 we're $3.50, 8.-Council Bluffs
Nonparell.
q. w. MCGAvREN.
PHYSICIAN 4 SURGEON.