The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-08-08

Mr.. Winters explanation seemed to re-
move all question from the minds of mem
bers of the committee as to the questions
raised by Mr. Mcbride.
TWO OBJECTIONS RAISED.
But other questions did come up. Mr..
Cooper had one. 1t was the car tax in the
interurbans. Mr.. Holiday had another. 1t
was the inner loop. Mr.. Holiday said he
wanted the interurban terminal contract TO
bind the Terminal company and the in
terurban roads to run all their cars around
the downtown loop. in Ohio, Capitol ave-
nue.. Georgia and Delaware streets. Mr..
MCGOWAN said this was not the purpose.
The purpose was to use it to bring the in
terurban roads by the most direct method
into the terminal station. Mr. Holiday
said he would stand pat on the proposal
to require every interurban car to make
the entire circuit of the loop, just as the
elevated roads do on the loop in Chicago.
This would give patrons more convenient
access to the cars. He declared he would
not sign report until such a provision
inserted, believing that it would distribute
the interurban business.
Mr.. Cooper thought the car tax too low. He
said he had urged all the time that the tax
should be uniform with that of the Union
Traction Company. He thought an addi-
tional cents per car would not prevent the
consummation Of the scheme, as Mr.. Nc
Gowan intimated it might, and would be no
injustice TO the companies. If the fran
chiSeS were passed with the provision not
contained he declared he would vote for
reduction of the Union companys tax TO
the same figure, as he believed in no dis
Mr. McCulloch reiterated his often
expressed satisfaction with the continu-
ance of the larger tax imposed on
the Union company He was the bene-
ficiary of reduced tax for the Indianapolis
Northern and he had no desire to COM
plicate the affairs of the other members of
the interurban family. Mr.. McCulloch said
he regretted that he had much business de-
manding attention and that If the present
terminal scheme was not concluded soon
he would not be unprepared, as he had
rented rooms in the Magnolia building at
Kentucky and Capitol avenues, and would
establish an Independent terminal with a
''Y' in Kentucky avenue.
MR. MGOWAN'S STATEMENT.
IF this tax is increased" said Mr.. Nc
Gowan, 'it simply means that 1 will have
TO pay it. am prepared, after three years
of hard work. TO invest $4,000 in ground
here for this terminal system and to spend
$1.OOO.O 900 in improvements on it. 1 should
guess that the income to the city in in
creased taxes because of this investment
would be twenty fold greater than an in
crease Of the car tax. AS l said, this in
creased taxation would have to be paid by
me. 1 might pay it; but l don't believe
ever will. 1 am giving here twenty-five
miles of new local service lines in Indian
apolis. Do you know that that will cause
a loss of Is per cent. in the receipts of the
Indianapolis company? l do. But l am here
to give Indianapolis the best service in the
world. When these improvements are all
completed IL win have the best service in
the world. You must not imagine that this
terminal station will be an important thing
in financing this enterprise. Buildings are
not desirable like operating interurban lines
by capitalists Mr.. McCulloch and myself
discussed this question with fnanciers in
New York and we reserve the right to build
this building by private enterprise, as 1t
isn't an important factor in establishing
financial confidence. We did this at Gin
cinnat where a few OF us are building a
great office building there Now | say If
chise you are taking IL from my company.
l may pay il, but / do not believe will
In reading the proposed cross-town lines
Mr.. Sourbier objected TO Morris street. Mr..
MCGOWAN said he had considered the use
of that street and had found that ii was
newly paved with block. was only twenty
seven feet wide and that he would agree
in a separate contract TO build this line
in Wilkins street, as Mr.. Sourbier suggest
ed, some other available street.
Before adjournment Mr.. Holiday revived
his discussion about the loop and would
not recede from his attitude, demanding
that all cars make the complete circuit.
Mr.. MCGOWAN explained that he did not
believe this was desirable, he thought
II best to give the roads direct access to
the terminal by routes that would bring
them close to Washington street, but not
in IT.
After adjournment Chairman Negley
stated that he did not know when he would
II is likely, however, that one will be called
for tomorrow night