Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-08-08
SUCCESSORS 70 LATE RAILWAY
MAcNArE 70 CARRY OUT
HIS PLANS.
siERD TALKS OF LOCAL
ROAD At DIES MONIES
Hawisy's Ambition Was to Haul Can
adian Grain Over Own Line From
Canadian Border to Gulf by Time
Panama Canal Was opened-6isrd
Confirms Lakes Appointment.
Special to Times-Republican.

| Special to Times-Republican.
| Des Moines, Aug. s.-The dream Of
| the late Edwin Hawiey OF hauling
Canadian grain over his own tracks
from the Canadian border to the gulf
by the time the Panama canal opens,
will be realized by his Successors in
the railroad world.
| This is the information which comes
to Des -ioines from reliable sources.
There has been good deal of activity
along the line of the Minneapolis & st.
Louis. The old Iowa General is being
ire facilitated and put in >er;er condi-
ton. In a. short time the building of
the line from WATERFOWL to the Cam
adian border will be commenced. Then
the connection with the Katy" sys-
| tenn in the south will take place.
/! When the Iowa executive council
gave authority to the Minneapolis road
to issue 100000 Of stock more than
needed to take over the Iowa Central.
there was speculation as to what was
| to be done with the money. The
Canadian road will not use all Of it.
Neither will the Iowa Central for re-
building But to complete the connec-
lions thru Iowa will require all Of the
money and that is what is going to
be done as soon as it is possible to
do so.
The plan was that Of Mr.. Hawley.
! who ia now dead, but his successors
will carry it out
| Has Not Negotiated Big Loan.
1--WE have not negotiated loan Of
$1,000. 900. we have under considera-
ton no particular improvements ex-
cepting the one referred to. What we
have done has been to rearrange our
financial matters. We have made some
new, loans, but have readjusted our n
nances in order better to take care OF
obligations undertaken when we took
over the old Iowa Central. We have
replaced our mortgages and borrowed
come more money" .
The above statement was made In
Des Moines Wednesday by General
Manager w. G. Bierd who. with Chief
Engineer r. G. Kenny, and George w.
Sewers; general counsel arrived IN Des
Moines to attend a meeting before the
railroad commissioners. The statement
that the railroad had secured loan
of $17,0OO,O00 was sent out from New
York several weeks ago.
Confirms New General Superintendent
Mr.. Bierd also confirmed the state
merlt printed by the T.-R. several days
ago. to the effect that c. G. Lake, Of
the New York, New Haven 6 Hartford
railway, had accepted the general SUI
perintendency Of the road. Mr.. Lake
will assume his duties about the middle
Of the month. Concerning Mr.. Lakes
appointment Mr.: Bierd said:
"The road has been without gem
eral superintendent for about three
years. When was made general man
ager of the system gave the work my
personal attention in order to get IA
miliar with details. Last year was
quiet one and it was decided to leave
the office Of general superintendent
vacant another year. With better
business year and the promise of ar
exceptional period Of prosperity, it has
become necessary to put man lr
charge. The office of general supern-
l.tendent therefore was offered to Mr.
Lake and it was accepted"