The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1914-01-27
Flnaneier viii start for Paris satur-
day and Says American FL
nance Also May be
Used.
NEW KEoKUK BRIDGE?
ln.erurban Promoter Says Congress
men Favor Building New struc-
ture by His Company
at This Point.

QUINCY, III, jan With the
money for the Burlington-Q Quincy line
of the Marsh road merely awaiting his
arrival in Paris to attach his sigma.
ture to certain documents. and the
prospect in plain sight that the French
capitalists will add to it the sum neces.
sary to extend the road from Quincy
TO East ST Louis, Richard o. Marsh
will set sail from New York on Satur-
day for the French capital to close up
the deal there. He will leave Warsaw
on Wednesday. In an interview with
The journal yesterday morning he
stated he had intended to make this
trip two weeks ago, but was delayed be-
cause of matters which developed here
at home.
week ago he was notified by cable
that the money for the Burlington
Quincy line was ready in Paris. and
he was also notified that when he
made the trip to France he should
bring with him all possible details
and evidence regarding the Quincy
East st. Louis extension, SO that the
matter of advancing the capital for
the extension might also be finally con-
sdered In France they learned some
thing from the Panama canal and q
few other high finance scandals, and
now they have some very strict nation
al laws designed to protect investors
and prevent French capital going to.
the bad SO to speak. Among these is
law requiring very strict inquiry in
to all propositions from other nations,
and 1t is necessary for promoter
from any other country to go in per
son to France and there satisfy not;
only the capitalists directly interested,
but the government officers as we'll,
that the plan is bonafide and has suffi-,
Gent merit to warrant Investment
Therefore. Mr.. Marsh will 60 to Paris
IN person. His plan for the Burling-
ton-Quincy line has been SO far ap-
proved that further consideration OF
1t Is merely red tape" and all he
VIII have to do to make that money
available Is to appear in person before
the proper authorities and sign the
documents. AT the same time he will
Try to show the Quincy-St. Louis line
is equally worthy.
american Capital May be Used.
IN Inc meantime, however, Mr..
Marsh states he has laid the Quincy.
East st. Louis plan before two firms OF
american capitalists, who are to give
MN their answer as to whether they
VIII nnance the extension, by Febru-
airy l. 1t is likely, Mr.. Marsh saws.
that his French hackers will take np
the extension, but should thew fail he
mas the two American firms to fall
back on.
Mr. Marsh expects to be In Paris
ABOUT week, and will return to this
country as soon as possible after his
eFfand is accomplished.
considerable interest and enthusi-
asfh mas been aroused locally in and
around Warsaw because considerable
material Is arriving there for the
construction of the new road. Mr..
Marsh explained that the material
now being stored at Warsaw is to be
ussu IN building small bridges along
.ne me. Also he states that tie cut
tefs lor his road are now at work he.
tween keokuk and Quincy and this
material Is being stored at convenient
points
= nad been planned to get grad
ing crew ont this month, but no actual
construction work will be commenced