The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1901-03-27
IT LOOKS BRIGHT.
Santa Fe Shop Proposition Will
Undoubtedly Carry.
Major Anderson Says the Pros
pect is Encouraging.
C. B. Merriam Says Means In
crease in Property Values.

The Importance Of the passag of the
Santa Fe shop extension proposition at
the city election next Tuesday must not
be overlooked.
THE Santa Fe shop proposition looks
very. encouraging said Major T. J. An
derson this morning. Men who were
opposed to the bonds are coming in every
day and giving in their allegiance to the
proposition Mr. Archie Baird has been
an interchangeable worker In the interest
of the bonds, and has na1 great in
huence with the men in the employ of
the Santa Fe road. Some few people
stil persist in saying that the PROPOSE
tion for bonds comes from the Santa Ee
road. Nothing could be further from the
truth They have never ASKED US for a
dollar They said il would take about
twelve acres on which to build the pro-
posed improvements and they were will
ing to pay what they could get it for
elsewhere or even more. They said they
would pay $500 per acre, and these bonds
are being voted TO make up the balance.
The very minute that it is known that
the proposition is carried, Topeka will
have taken a great stride forward, and
the city will increase more in population
in the next twelve months than in the
past five years
An idea Of the eszect of the passage
or the failure to pass Of the bonds for the
shop extension may be gathered from
talking with the real estate men.
The real estate men of the city, who
will Of course do q great deal of busi-
unanimous in the opinion that the ques-
tion at stake will decide the future of
the property values of the city.
There will be a steady increase in the
values of property, said c. B. Merriam,
of the 7. E. Bowman company, this
morning, If the proposition carries. We
are of the opinion that this increase will
not be in the nature of a boom, but will
be a steady increase in the value of
from % to so per cent in the value OF
all property If the proposition is de-
feated and the proposed shops lost to our
city, there will be, in my opinion, a cor
responding depreciation in the values of
property"
Tt is also evident that there will be a
considerable movement of properties.
George B Payne, of the firm of Payne
& Thompson, said this morning. There
will be a steady movement of real estate
if the bonds are voted Property values
will increase and there will be a great
deal of building. People are holding off
until after the election before making
purchases"
1T is matter of great Importance"
said Emmett Roudebush- tOf course we
real estate men are interested in the
project as much as any one. but am in
favor of the proposition from the stand
this is my home, and want to see the
city grow, as well as from the stand
point of real estate man. But the loea-
tion of the shops here will be Of as much
interest to the property owner and the
merchant and the laboring man as it is
to the real estate dealers.
This is a matter where the welfare
of the city and its citizens is at stake
and we should not for a moment for
get it."
While there is little doubt that the
proposition VIII carry if all its friends
get cut and vote. the Importance of the
CHI ont Fac
forgotten. Everyne who favors the
measure should cast his vote for the
bonds so that there viii be no doubt of
the measure carrying.
1t must not be forgotten that if the
bonds fail to be issued it will be almost
impossible to raise the required amount
by subscription, as it taxed the ability of
the committee who had the matter in
charge to raise the $4,000 with which
the first lard was secured for the rail-
road COMPANY