The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1913-11-18
BURLINGTON GIVES
MARSH WELCOME
Warsaw Finanoier and Tr-state Trae-
ton Company Are Given
o. K. by Com
mittee.
| PROMOTER IS PLEASED
Building Of Bridge a. Recommended
10 Not Made Condition for
Roads Being
Built

|R. O. Marsh, Of Warsaw, was In Bur
lington yesterday In conference with
the committee appointed by the citi-
|zens in reference to the proposed Bur
lington-Q Quincy interurban road. When
seen at the hotel by representative
|of the Hawk-Eye he expressed him
self pleased with the progress Of the
enterprise. Mr. Palmer, Of Philadel-
phia, representing eastern fnanciers,
who accompanied Mr. harsh at the
time of the first conference with the
citizens at the Commercial Exchange,
had returned home and made favor
able report upon the project, and Mr.
Marsh has received word that the re-
port had been accepted by the east
ern people as conclusive, and that
the contract to furnish the capital for
the construction and equipment Of the
road had thereby been perfected. Mr..
Marsh goes to Europe in about three
or four weeks. to lay the details Of the
enterprise before the parties who are
subscribing to the capital.
The Preliminary Work.
II have about completed the pre-
liminary work, which was required
to do, and it has been approved by
the Philadelphia financiers. It has in
volved eight months of strenuous
work. l do not mind the work so
much as the anxiety, and the uncer-
ltainty that hangs over such an under
taking during It's progress. The sur
Iveys and the commercial statistics
bearing on the probable traffic; the
franchises and rfght-of-way; the state
! of public sentiment along the route:
the terminal facilities and other i'm
portant preliminary work had to be
done. All this had to be passed I'M
der review by experts in construction
work and estimates of cost carefully
studied before could hope to get
capital to build and equip the road.
And not only wanted to satisfy the
experts and capitalists. but wanted
to satisfy myself; for. cannot af-
ford to be connected with failure. l
own money In the preliminary work
because, as a civil engineer and with
some experience and observation of
that kind of investment, believe this
one can be made to pay. have gone
all over my estimates and figures and
then / have had several engineers and
railway men of prominence in the
east go over the estimates and study
the route, the population, the con.
INJECTIONS, etc, and 1t was until they
leonfrmed my own conclusions that
II became thoroughly satisfied. And
row that the financial agent, after
personal inspection, has given the pro
ject his unqualified endorsement, ]
feel that 1t is, indeed, a winner"
New Bridge Not Condition.
Mr.. Marsh reiterates his former
statement that the building of bis
road is not dependent upon a new
: bridge at Burlington; the road will be
built independent of that considera
ton, using the old bridge II a new one
is not built. His company prefers t.
. join with the citizens in building 6
combined railway and wagon bridge
and will invest s250,000 in the stocl
II the citizens, or other parties, will
invest like sum. He estimates the
cost Of bridge. with a lift draw
: two railway tracks, two wagon ways
: and two foot paths, at about $700, 600 t.
$750,0o0. If the city wishes to OWL
, the bridge 1T might take $780, O
the stock, making the total stock $500,
900, and then authorize bonds 70,
. 100000, making a total capital O
!, i$S00,000. Several river cities hav,
. similar arrangements for joint owner
, ship Of bridges.
, The citizens committee appointe,
for the purpose has made the follow
: ing report
, THE committee appointed to con
fer with Mr.. w. w. Marsh, of tn,
g Tri-State Traction Co., with referenc,
8 to the entry of the Burlington-Q ninc,
E interurban into Burlington and in til,
building of new railway-highwa,
bridge at this point, recommend tina
as soon as the TriState Traction Co
posts a proper bond of $25o,000 to
wards the construction of said bridge
+: that the city (our citizens) undertake,
8 to raise like amount towards tn,
s same end. and within six months from
e the filing of said bond. and furthe
a assure Mr.. Marsh that the Tri-Stat,
I Traction Co. has the good will an,
t welcome Of the citizens of Burlington
3 FRANK G. NORTON,
8 Mayor
s ~. A. MAC ARTHUR,
2 Chairman Bridge Committee
4 GEORGE C. BOEsCH,
! =. ~. y :. -