The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-02-14

board believes that the time IS here or is
fast approaching when indianapolis manu-
facturers must depend for their fuel on
the coal mines of the State, rather than
on its supply OF natural gas other roads
may be built and operated probably, and
IL Is not desired that they should have
70 struggle with the Southern for the right
10 enter the city.
The statement Is also made authorita-
lively that the Southern will not be re-
quired to elevate its tracks on coming into
the city. a provision will be inserted into
the franchise binding the road 10 agree TO
track elevation whenever the city decides
10 enforce the reform upon roads now eX-
listing. The board does not propose TO dis
eliminate against the Southern. il is stated.
and until the decision OF the courts on the
track elevation question, no extensive I'M
provements Of that nature can be ordered
With sections or minor Importance the
franchise 10 be presented 10 the company
is Of the nature stated and will remain so
unless further changed.
d. NJ. PARRY'S STATEMENT.
D. NJ Parry. president OF the Indianap-
oils Southern Company, was interviewed
last night as to his opinion Of the require
ments above outlined. In general Mr.
Parry was pleased with their nature. One
restriction. that relating to the completion
OF construction work outside the city be-
fore II is begun within the city limits, is
not so acceptable. He had the following
70 say:
''The Pogue's run route is the only one
that could be granted 10 Us in all fairness
IL Is the one way for the road 10 enter
the city without Gripping its usefulness
by compelling IL TO seek terms from an
other corporation. More than that, IL
should be granted because We have already
rights OF way. We have purchased all
cross lots clear through 10 South street.
As TO the rate OF 30 cents per ton to be
maintained for the hauling OF coal, / Will
GnUGHEOr better
possible ] cannot say at this time whether
my company viii accept the stated rate
or 20 cents; perhaps rate of half cent
per mile. which for the seventy miles TO
be considered. would make the total rate
about % cents per ton for the whole dis
lance, would be more acceptable.
Il will be quite willing TO bind the COM
Iany to permit the entrance of any other
coal road which may be constructed, over
the tracks of the Southern Company. My
whole fdea is for the upbuilding Of Indian
epOlis, and II makes no difference how
many competitors We have for the coal
hauling business. / would not object ser
iOusly If q parallel line were constructed
10 the coal fields.
OUTSIDE CONSTRUCTION.
THE provision which required the road
to finish construction work outside the
city before taking it up inside does not
impress me favorably. II insisted upon
j fear it viii only delay the construction
of the road. The point is this: 1t will take
a great sum OF money to build the South
ern. We cannot go down into our pockets
for the whole amount. A large part OF it
must be obtained by the sale Of bonds. j
fear that such a provision would injure
the sale OF the roads securities.
LAS to the elevation OF tracks, am will
ing 10 enter an agreement with the board
10 undertake any reform that will be APP
piled to the other railroads. and one which
does not discriminate against the Southern.
j will be willing TO sign a contract which
binds US 70 elevate when the other roads
are also compelled"
In further conversation Mr.. Parry said
that the section which seeks to compel the
Southern 10 build 90 the Belt road before
coming into the city would not interfere
with the physical construction of the road
but that ne objected TO il for the reason
that IL would cause trouble in selling bonds
at a good figure.