Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1912-06-27
BUY MORE,
HE SAYS, OF
MEADOWS
Irving 7. Bush, Noted Ex-
pert, Enthuses Over
Project to- Buy Land on
Outskirts of City.

Not only is the acquisition by che
CITY of meadow lands for the con-
struction of docks and shipping facili-
ties approved. but the municipality Is
advised to buy more in the report or
irving T. Bush, president of the Bush
Terminal Company, an expert OF ma
tional reputation, employed by the
Board of Works to pass upon the
project. A hive of industry occupy
ing the meadows. employing
sands and causing money to flow In
to the Golfers of Newark's merchants.
was the picture formed In the minds
of all those who heard the report of
Mr.. Bush, cad at a meeting of the
Board of Works this afternoon.
Backing up Mr.. Bush's economic
and business opinions of the scheme
was the technical engineering report
of e. P. Goodrich. the engineer asso-
ciated with the city planning propo-
sition and one of the original engi-
neers to pass upon the ship basin or
canal plan for the advisory dock and
meadow reclamation commission Mr..
Goodrich again enthuses over the ship
basin.
An entirely new plan for the indus
trial development of the city Is set
forth by Mr.. Bush. Expressing belief
that Newark's C al been
founded on it's manufacturing indus
tries, he AYERS that the municipality
should congratulate itself rather than
express regrets that it's water front
is not used for ooean-borne commerce
and that the burden for such traffic
is shouldered by New York. This con-
dition, he points out. leaves the water
front and adjoinipg uplands here for
Industrial uses, which will give m
ployment to a larger amount of labor
and pay greater tribute to the city
and its citizens.
Cooperation of public credit and
private enterprise as a means to this
end is suggested on a basis hat the
city condemn and carry the property,
relieving the private company of THE
payment of taxes: that the develop
ment company furnish the capital to
fill in the property, pave and curb the
streets and lay the necessary water
mains and railway tracks and the
city then enter into a contract with
this private company by which the
company becomes the selling agents
of the property for the city. When
the property is sold the proceeds
would be divided between the city
and the private company upon the
pro rata basis of investment of each,
with a moderate commission added
to the private company for its efforts.
Some significance as to might I'M
dertake such a gigantic deal was
placed upon this statement in MI.
Bush's report.
The suggestion which Mr.. Good
rich makes in his report for cooper
alton between the city and a private
company does not represent merely
his own ideas on this subject, but
definite lines of cooperation, which
with the authorities of Newark Of
| told him 7 would BIZ glad to discuss
with the authorities OF Newark If
the idea appealed to them.
81 do rot believe that it will be to
the advantage of Newark to spend
a large amount of money at the
present time in developing its water
front to take care of deep sea COM
merce. I believe that the lines
should be established and the devel-
opment planned in a that
will permit the city to provide facil-
tiles for this class of commerce at
some time In the future, should it
become desirable to do 30.
my experience in our Brooklyn de-
velopment teaches me that 1t Is all
Continued on Second PaRe,1