The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1911-01-26

notable anu plOHtduie SOI ulouSiH
times. 1t is impossible here to pub
iish these plans in detail, or even
give a general statement OF them.
but a suggestion or two will be brief
ly outlined to give some idea of the
plans and methods.
The proposed townsite, 10000
acres, vii. contain 10000 lots. These
viii be divided into series of 10000
each, on which there will be placed
prices ranging from $3.50 up and the
sale of which will return sum of
money amounting TO over hundred
million dollars. This very large to-
tai, as realized from the sale OF lots.
will be divided into funds" and ev-1
cry dollar Of it will be utilized for the
development of the new city. thus as
surfing results and very large profits
to the investor Under these plans
and methods it Is expected to build
complete in ten years time the most
modern and beautiful city in the
world. with quarter to half mil
lion inhabitants.
The money to be realized from lot
sales will be divided into the follow
ing funds: per cent for purchase
OF townsite and other lands; per
cent building and aid funds flor
building honest. 20 per cent for
manufacturing promotion fund; 10
per cent, Industrial university fund;
10 per cent, streets and parks fund;
5 per cent. light and power fund; 5
per cent. telephone fund; 10 per
cent, street car and railway terminals
fund; 10 per cent, water works fund;
90 per cent, miscellaneous and ex-
pense fund.
With the bailding and aid fund.
used as a banking capital. it is pro-
posed to house and home $50, 900 to
100000 persons who need and are
worthy Of help, that is, working
people, On plans similar to those of
building and loan companies, but
without their harsh features, and
thus make it City of Homes. Tn
der this plan. any workman. having
a family. will be able to secure lot
or lots and well-built, artistic home
of his own, without the payment
down of dollar at the time of pur-
chase, paying for it in instalIments
about equal to rent. The increased
value of these homes. by the develop
ment of city about them. is to max
the owner of them well-to-do-the
advocates and boomers of the new
town.
The other funds are to be utiliz-
ed as working and foundation capital
to give the city a fine park system
{ and improved streets and drives; to
promote the rapid location and de-
velopment of factories; to provide a
| special educational training for its
artisans and workers; to install the
most perfect and modern systems OF
sewerage, water supply, public and
| private lighting, telephones and
street car and switching facilities;
4 all at very low service-charge to its
citizens.
1t is proposed, at the start, to EN-
! ploy 1000 to 1000 men to do thu
PICK anu shovel WOTh u Tie he"
city, such as digging cellars, grading
streets and street car lines, laying
/ water mains, digging sewers. etc. Al
first only married men will be EN-
/ ployed, having families of four OF
more, to bring the average up to five
or more. These workmen and theil
families will be brought to the new
town all at one time, that is. within
a week or ten days. This will give
/ an Immediate population of 500
or more.
! The wants of these 5000 people
will attract merchants and thei
clerks. building mechanics Ito built
houses and stores). helpers, team
sters, doctors, teachers. lawyers, etc
The same organized agencies tina
secure the pick and shovel work
ers will secure these merchants, me
chanics. clerks and others, selectini
married persons only. with familie
of four or more In this way, en-
ploying 1000 workmen, there will b
! attracted to the city 5000 to 20
GEO inhabitants, all in period Q
ten or twenty days after the plat i