Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-09-06

Tho lnterurban. 4
The accompanying map presents the
dnterurban project which Mr.. Mcbride
has, been trying to bring to Marshall
town but in which he has experienced
so much difficulty getting past the
mayor. He said today that the man
who had been putting up some of their
promotion expense and who was back
dng their venture was conservatively
estimated to be worth forty millions of
dollars. He said that another heavy in
vestor who was associated with him
was at the present time owning twelve
different public utilities six or seven
of which included interurbans. He also
said that third person, high in rail-
road circles and worth several millions
had agreed to join them. He said that
his group has satisfactory assurances
from bonding houses.
Their project exclusive Of the line
from Boone to Eldora, Mr.. Mcbride
SAYS, will involve an expenditure Of six
millions They propose to build from
Grundy Center to Marshalltown In two
wears and on to Ames in three years
and are willing to put up bonds that
fhev will do it. They intend to build
from Waterloo to Boone by way OF
Edora within three years and to ex-
tend the Marshalltown lines to Tama
and Toledo and to Newton and Grinnell
within Ave years. Their plans provide
for q standard guage electric railroad
for passenger and freight traffic. Mr
Mcbride says that his people have Sc
cured right of way for most of their
proposed line from Marshalltown tc
Grundy Center and for some of it from
MarshalltoWn to Ames and that
negotiations with Mr.. Binford for right
Of way thru his farm at the northeast
edge OF town would have been closed
ere this had not Mr.. Jones of Jones &
IIoyey written Mr.. Binford saying he
had contracted to sell to Mr.. Pratt.
Business Men Should Act.
Mr.. Mcbride wishes to call the atten-
Aion of Marshalltown business men to
the fact that no one at any time has
suggested that his opposition offers or
even contempIates interurban construc-
4ion. They are simply seeking re-
newaa Of q franchise to operate the
Jones & Eovey utilities, that at no
time have they come forward in writ
ins with any proposition as TO rates
street car extensions or anything else
uIe wants Akarshalltown business men
TO realize that instead OF giving him
= fair hearing effort has been made to
freeze him out and he wants to appeal
Il, the business men vino have the in
terests Of the town at heart ito come
forward and meet him in businessllke
manner TO the end that an interurbar
may not be kept out Of Marshalltown.
.Experlenes With Tho Mayor.
Mr.. Mcbride sadd that when he frs
approached the mayor about fran
chise that he was encouraged to come
TO Marshalltown but was warned no
to pay more than 100000 for the Jones
4, Hovey properties. He says that tn
mayor then claimed to hold some ad
vantage over Jones & Hovey AM
claimed to have been assured by tw'
sets Of engineers that their propert,
was not worth any more than tina
sum and that Marshalltown peopl
would not pay rates on public servic
on any higher valuation than 100000
OF the reasons why the mayor suddenl
turned against him Mr. Mcbride re
fused to speak for publication. but tn
result OF a trip to Chicago by tn
mayor and Mr. Pierce was that tn
mayor informed him that others wer
about to buy Jones & Hovey's propert
end chat Jones & Hovey did suddenl
4n3ects an impossible condition into h
Eegot3atiop4 with them and the appear
ANce OF ussin0 Representing Pratt =