The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-11-07
BANKERS TO VISIT HERE
With President Bush Viii Look Over Line
to the South
Western Pacific Officials fndeavorng to Raise Money to
Build FEEDERS

Bankers of the Denver & Rio Grande
and the Western Pacific accompanied
President b. +. Bush upon his tour OF
inspection over the lines yesterday
with a view of seeing whether the
property will stand another bond issue
Of Yi0,O00,OOO in order to build feed
ers to the Western Pacific in Califor-
MIA, Utah and Idaho. Automobile trips
have been arranged by the Boise Com
mercial CLUB by which President Bush
and his party will be taken over the
line of the Winnemucca Northern Fri
day and Saturday, November IA and Is.
Ii the bankers give the word, 1t is
said that the Western Pacific will go
to work at once on the road.
The trip is being made entirely in
the interests of the financial condi-
ton of the Gould system, and to i'm
press upon those who furnished mon
ey for the building of the Western Pa
cific that more money must be forth
coming in order to secure business.
Several kilograms were awaiting the
railroad party here from different
| points in Idaho, and there was long
distance telephone call for Vice Pres
ident e. l.. Brown from James E. Clin-
ton, vice president of the Boise City
National bank in Boise Mr. Brown
seemed very anxious to answer the
| telephone call, but owing to the spec
ial train stopping here for only fifteen
minutes it was impossible to get a line
through to the Idaho capital. 1t was
said that the call had to do with the
entertainment OF the party in Boise.
| President Bush said that be and the
| bankers would go to Boise November
IA and would probably visit Twin
Falls November 13. The itinerary oi
the special train calls for a two OF
three days stop in Boise, and it was
said by a member of the presidents
party that in all probability the party
would go over the line of the Winnie
mucca Northern and at least lool
4 over the Citizens right of way, which
runs through Ada county and Boise
and which will be donated to the frs
railroad built into the city with trans
continental connections. This righ
of way is estimated to be worth severa
millions of dollars and the bankers il
the party wish to see it, declared {
secretary on board the train.
In the party besides President Busl
were e. L. Marsten, representing Blail
e Co, the New York bankers who fin
anced the Western Pacific and are
the financial agents of the Denver 6
Rio Grande; D. l.. Potter, Representing
Solomon & Co., from whom it is ex
pected to raise about $35.000,000 fo'
the new improvements: and Presiden
d. L. Brown of the Western Pacific
The bankers have been taking copiou
notes upon the condition of the Denve
| e Rio Grande, and yesterday thert
was quite a stack of papers in Presi
Bush's car belonging to the financia
men.
4 The party left last night for Sal
Francisco, but stopped at Winnemuc
ca, New, where this morning they arr
scheduled to visit the offices Of th
Winnemucca Northern railroad, ac
cording to the itinerary. Winnemucc
IS TIE terminus Of tire proposed Win
u rnurcca Northe ern, and will be it
i'lrction point with the Western Paci
fic. How long the party will remain
in Winnemucca is not known, bu
President Bush said that he would g
into San Francisco Immediately. Th
partv will snend several days on tn
coast end will go to Boise and Twil
Falls over the Southern Pacific an
the Oregon Short Line.