Bisbee daily review., 1903-09-12
LOADED WITH HOT AIR.

tended dissertation on valuable fran chise that has been granted to a gen. tleman named Pence, a real estate merchant of the gate city. It is so rich and good that we feel bound to let the readers of The Review in on the deal if they wish a part of it.
 According to the News Mir. Pence. the promoter of Breweries and gener- al purveyor of Fl Paso real estate. has been up in Clifton. Morenci and Metcalf and has obtained a valuable twenty-five year franchise for one of the most picturesque and unique tram ways in the world" This sounds good. The picturesqueness and uniqueness sounds good to the ordina- " pipe dreamer, but in the name of all that's good from whom did MT Pence, real estate merchant and brewery promoter obtain all these valuable twenty-five years concessions? We may be in dense ignorance. but it is not within our recollection when it was within the power of Clifton, Met calf or Morenci to grant any kind of franchise. Bisbee has always claimed that peculiar distinction through it's honorable city council. and the above named municipalities have not yet ar rived al that distinguished situation where they can be throwing around twenty-five year franchises for unique and picturesque tramways.
 Remember this is to be an English institution. and it is to be tramway. not an ordinary railway or electric line but tramway with the emphasis on the tram
 Here are Fences own words if the Fl Paso News has quoted him cor rectly:
 He said this morning: q have se- cured a twenty-five year exclusive franchise from the towns of Clifton Metcalf and Morenci for the opera tion of an electric railway which will be the biggest proposition which Ora ham county has to offer to the public I will incorporate in few days under the laws of the territory of Arizona for $500, 900 capital and will bond the concern with New York parties. Be fore the Fist will be in New York, where shall expect to have the deal ready for immediate action by my New York correspondents. I have some companies ready now to under write my bonds and l shall have 10 trouble whatever in disposing of the stocks.
 q intend to dam the Gila river 600 feet below the entrance of the Rio Gila and twelve miles below where the water power is delivered. With the water power I shall generate electric ity and will have electric current enough to supply the three towns whose rights I have secured besides giving electric power to all the mines for lighting and movement of their machinery. It means cheap light to the towns and the mines and to the miners and cheaper power than they have at present. It will be a gener- al benefaction to all Graham county and will bring thousands of dollars into the country for the common peo- pie"
 One can well imagine the Fl Paso promoter driving down to old Pier pont Morgan with his little bundle of exclusive franchises tied with a red ribbon, alighting from his "red devil" and biddingly haughtily the Chaffeur await his coming for a few moments. just while he simply showed "Pierpont" what he had within the pockets of his Prince Albert. and we can see the great financier hurrying to the iron box for the cash. and just hand it over to George, the real es- tate dealer and brewery promoter, so he can hustle back and give to the gaping Morenciites, Metcalfians and Cliftonians the most unique and pict- uresQue tramway in the world in ex- change for the valuable franchise exclusive franchise, remember-they have granted him for twenty-five years. Then George is going to dam up the raging Gila and raise general Hades all around up there among the Gila monsters. But, of course, you all have read the above delightful dream.
 If any of you wish small block of | stock in the Gila Valley Electric Light | and Trust company which is to SUD- | ply the sun with its brilliancy and | the moon with a more lustrous glow, or desire to own a bunch of certii- 1 cates, in the most unique and pict-
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