Albuquerque morning journal., 1913-12-23
BONUS IS OFFERED
T0PROMOTERS Of
NEW RAILROAD
Herbert Green Leaves for Chi
cago After Being Assured
That Money VIII Be Ready
When Line Is Completed,

Herbert Green, Chicago capitalist
land promoter of the newly incorporat-
ed CUT New Mexico & Pacific rail-
road, left Albuquerque on santa re
train No. Z last night. lt was stated
that Mr. Green would spend day in
Santa Dec 20 finish up some odds and
ends Of business. and would cGntnuc
on his Journey in time 20 be in chi-
cugo for Christmas.
Before leaving Albuquerque. the
Chicago man had "a final conference
with q number Of albuquerque busi-
Less men. among them }. -. Iorndon
and .. \. Marion. OF the state Ma
tionol bank. Frank Wilson, Of thn
Western Meat supply company. and
Jacob korber. AT this conference the
proposition made by Mr. Green sever
al days ago that citizens OF New Mex
leo raise St25,000 within the next
thirty days 10 be returned when the
hrft instalment of French money is
received, was gone into and discussed
in an informal manner.
Mr. Green was given 10 understand
by the various gentlemen present az
the conference that under existing
conditions. and IN view of the unccr-
tainty surrounding the completion Of
the enterprise. the raising Of SO large
mn amount of money In so short
time is ont of the question. At the
same time he was assured 10 the most
emphatic manner that Albuquerque /
and New Mexico are anxious for the
completion Of the railroad and will /
contribute substantially TO the build +
ing Of il without asking amy return /.
of the money invested
4 counter proposition was put 90 !
the promoter which was in effect (
that any reasonable amount of money /
could be raised in New Mexico as q +
bonus, payable on the completion OF I
the railroad. but that the business IN
terests of the state would demand .
that the railroad should actually be F
built hefsre parting with their money
II is said that one of the men present .
at the conference stated To- Mr. Green /
that he would then and there pledge
50, GOO for the company that he rep
resents. payable when the first train
is run into Albuquerque. and that
similar assurances were given by the
others present
Mr. Green is said to have stated
that such assurances us these would
be satisfactory in lieu Of the PROPOSE
tion originally made hg him, and that
he would undertake personally TO
raise the $t26.000 needed In order TO
secure the French loan relying on
the payment of the bonus in order 60
reimburse himself
Mayor y. X y, sellers, when seen
Ia regard to the mattcr last night
was onthuaastic over the prospects Of
getting the new road into Albuquerque
md declared that an organized move
nent should be started at once to sc-
cure pledges of the amount necessary
10 insure the beginning Of work az an
early date. The mayor stated that T..
A. Cahoon prominent Roswell +,
banker. IN long distance telephone
conversation yesterday, had stated
that the PaCos valley would dupli-
ate any amount that might be raised
by Albuqueriue ana the surrounding
country IL BIS quite possible that q
mass meeting of Albuquerque business
non viii be called in a few days for
he purpose OF inaugurating a cam
naigu to raise this city's share of the
imont needed,
President George A. Kaseman, of
he Commercial club. stated last night
hat he had not been present at the
Conference with Mr.. Green yesterday
afternoon, end for that reason would {
prefer not to say anything in regard
10 the matter II is understood, how
'vcr that AT several Of the various
which Mr. Green mad with
directors OF the club the proposition (
Nas made to him that the citizens of
New Mexico would raise bonus. pay
able upon the completion OF the road,
and that Mr. Green declined at that
time TO entertain such proposition. .
NAI JATInM ADhaN thIlI