The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-11-23
COL. LAMPINC'S.
Work PRAISED
Will Begin Plans
on His Return
From Washington
BY Seaburn Brown

With Seattle assured thru the
purchase OF the Skinner & Eddy ship. |
building and dock site. completed In
negotiations with the federal
shipping board at Washington,
ID. c.. Thursday by Port Commission.
er Col. George B. Lamping. OF perma,
nent and adequate dock facilities for
coaStwise shipping. plans for tho i'm.
mediate development OF the site will
be formulated by the board OF com
miSsioners upon Colonel Lamplng's
return from the national capital, Com
missioner George +. Cotterlll an.
nounced Friday.
Tho three.year fight for municipal
possession OF the site has been ardu.
Gus, but certainly worth every effort
put FORTH Cotteriil declared. THE
Smith Cove terminal cares for. the
transpacific shipping fully. but we
have felt the need OF the skinner &
Eddy site to provide a central. ex.
tensive terminal. located near the
city's industrial. wholesale and job.
hing centers for the coastwtse trade.
Cotterill declared cmphatically, in
commenting upon reports that offers
far in excess OF the price OF 100000
TO be paid for the terminal by Seattle
were made 20 Colonel Lamplng i'm
mediately after he had closed for the
deal with the shipping board. that no
offers would be considered.
DECLARES PORT
WILL NOT SELL
I'VE will not SELL he said. Pos.
session OF the terminal means too
much TO Seattles future 10 sacrifice
II for mere financial gain"
:. The initial payment OF $4,000 will
Rbe made as soon as the shipping
Ihoard Is ready TO turn over the
papers transferring the property. the
commissioner said. The government
must first find sie.0 In bonds out
standing as part Of the original issue
OF s2,5O000e, understand" he
stated, then the deal viii be con.
suumated"
Cotterill believes that the remain.
der OF the obligation. which Is to be
met in three annual payments. on
July OF 1894. 1895 and 1895. Will be
derived from port revenues without
the necessity OF rcsorting 10 taxation.
I'VE can make tho payments
from funds derived from either
source" was his explanation. "but
am certain that the revenues will be
ample In themselves
The purchase includes all equip
rnent on the site except movable ma.
chinery. The buildings. tracks. docks
and ways. conduits. wiring. etc, are
included with the 36-acre tract.
Conservative estimates as to the
value OF the purchase average
around the $4,000. 600 mark. and II IS
understood that the port commission
= was overbld by private interests.
We have believed. and the shipping
board has apparently agreed with
us. that with the development Of the
Port OF Seattle in view. and the at.
teudant benefit to the entire North.
west. II Is excellent business for the
government to dispose OF the prop
erty to tho city at a lower figure
than 1t might bring on the open mar.
ket." Cotterill declared. Tho com.
missions offer OF free dockage for
vessels OF the shipping board and the
army and navy was also taken into
consideration in the deliberation by
board officials.
The two port commissioners here
and others interested in the acquisl.
ton OF the site, have great praise
for Lamping's work with the ship
ping board in driving the bargain he
did.