Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1917-11-23
Albuquerque and BernaIiIIo
County to Subscribe Five
Hundred Thousand; Contig-
uouS Territory Same Amount
WORK ON PROJECT TO
BEGIN ON JANUARY |
Definite Report viii Be Sub
mitted to Directors of Cham
Der of Commerce at 4
O'Clock Today.

AS the result of two important con-
ferenees held yesterday-one at II
o'clock in the morning and the other
at o'clock in the afternoon-between
a steering committee representing the
Chamber of Commerce, and NJ. b.
Hereley, promoter of the proposed
railway from the San Juan basin to
Albuquerque, a definite recommenda-
ton will be made by the committee
to the directors of the Chamber of
Commerce at O'Clock this afternoon
that the city of albuquerque and
county Of Bernalillo raise five hun
dred thousand dollars, and contiguous
territory, to be traversed and benefit
ted by the building of the railroad,
raise an additional five hundred
thousand dollars, the total sum of one
million dollars to be used for the
purpose Of assuring the building of a
ailroad from Pennington to Albu-
4dCtque.
The steering committee which will
make the report IL cjriposed of the
faiiaWia.s 9saf - %. ~ s. IT5, 5,S14,5,,l,
chairman Of the Industrial bureau of
The Chamber of Commerce, Max Nord-
haus, president of the same organiza-
ton, ]. B. Herndon, d. S. Rosenwald,
ID. A. Macpherson and p. F. Mccain
ma.
Details Of the report will not be
made public until after it is submitted
TO the directors of the Chamber of
Commerce, but it is known that the
steering committee has definite plans
in mind for obtaining subscriptions
from owners of immense tim Der tracts,
coal fields and allied natural resources
adjacent to the proposed railroad.
which will go far toward securing the
$500, 600 to be raised outside of this
city and county. Important is the de-
cislon of the committee that owners
of timber tracts are to be asked to
subscribe one dollar for each thous-
and feet of standing timber. the de-
tails of the time and place of payment
to be worked out later
The report will also recommend
that not one dollar be solicited outside
Of the Albuquerque trade zone. In
other words the million dollars to be
put up by Albuquerque territory, will
be solicited and subscribed entirely in
dependent Of the million dollars al
ready pledged by the people of the
San Juan basin.
Positive assurance was given to the
steering com mmittee that if Albuquer-
que and the surrounding country DEM
onstrates the willingness and ability
to raise the million dollars for the San
Juan project, work will begin on the
road not later than January l, 1918.
Grading will begin not only on both
ends of the road-in Pennington and
from the Albuquerque end-but VIII
be pressed at various points along the
line to be followed by the railway.
To evidence his good faith and in
tention to carry out the promises to
build a road from Pennington to AL
buquerque, Mr.. Hereley, the promoter,
assured the steering committee yes
terday that he will deposit in an AL
buquerque bank the sum of 100000
in cash or provide corporate surety
bond for that amount, to be declared
forfeited in the event work is not
started on the road within a stipulat-
ed time.
1t is understood that the work of
building the Farmington-Albuqu
road will have the active support OF
the federal government to the extent
that nothing will be done to interfere
with the procuring of steel and mater
lal necessary IOT ltS Consti uctioH' l. ho
promoters of the project have recelv-
ed assurance that the building OF the
line will be encouraged by the govern
ment as an important step toward
food conservation, it being well known
to federal officials that during the
last few months approximately 200o
carloads of foodStuffs have wasted on
the ground in the Sap Juan basin for
lack of transportation facilities.
The building of railroad from The
San Juan basin to Albuquerque has
been talked of for thirty-two years.
Project after project has been pro-
noted, survey after survey has been