The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-02-23
BRIDGE LOAN ACTION
HELD IN ABEYANcE
lContlnued from Page Onel

AA@AD A4S @AA&A %ANN~1
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had the application suspended.
made no effort to prove the pro-
posed bridges would be self-liqui-
dating.
All the data obtained by Traffic
Manager Hawley of the Texaco
Company and by Commander
Green, showing the number OF
cars that entered Miami over a
period of 10 days, exclusive OF
those arriving along the Tamlaml
Trail and that went to Miami
Beach oyer the Seventy-nlnth
street bridge, have not yet been
presented to the Reconstruction
Finance Corporation.
That information would
have proved beyond a doubt
that the bridges would prove
seif-liquidating in view of the
fact that it was obtained by a
government man on the one
hand and by one of the great
est traffic experts in the
world on the other.
In due course, after the Over
seas Bridge Corporation reapplies
to the R. F. c., the Hawley-Green
traffic data will be presented, al
though the likelihood is it will not
be needed as much as it was
thought it would be needed at the
time it was obtained.
Wagner Bill Helpful
And the reason why it will not
play so important a role now in
the estimate of the R. T. C. is the
Wagner bill which provides for the
repeal of the self-liquidating cause
for worthy public projects" that,
it was intended, when the present
law was passed, to be constructed
at a cost not exceeding $780,
100000.
In advocating his bill, which has
passed the senate. Senator Wagner
pointed out that only $150,000,-
900, or 10 percent, of the money
appropriated for that purpose has
been loaned by the r. F. c., which,
he added, has curbed the chief OBJ
ject of the law: the relief of un-
employment.
Senator Wagner's bill undoubt-
eddy will become law, if not at
this session of congress then at the
extraordinary session that Mr..
Roosevelt will call shortly after his
Inauguration.
Great Factor
So far as the proposed long
bridges are concerned, The Citizen
considers the Wagner bill the
greatest factor to enhearten the
people of Monroe county in that
regard. Another provision of the
bill that would prove of great
benefit to the Overseas Bridge
Corporation, in the event the loan
is obtained, is that which provides
that not more than four percent
interest can be charged on loans
made by the r. F. C.
Finally, Rosenthal has been
given to March 6 to file an
answer to the quo warranto
proceedings that the Overseas
Bridge Corporation and the
commissioners of Monroe
county have filed against him
in the supreme court to show
reason why his former fran
chise or franchise option
should not be declared invalid.
In their suit, the plaintiffs
point out that Rosenthai has not
fulfilled several provisions of his
former franchise; three OF which
are of vital Importance: obtaining
the consent of the State Road De-
partment to build the bridges, the
approval of the war department
and the filing of a proper bond of
100000 to guarantee the begin
ming of work of construction in 80
days.
What the outcome of the efforts
of the Overseas Bridge Corpora
tion to obtain the loan win be The
Citizen does not pretend to know,
but it does believe that the out
look at present is most encourag-
ing.
e9eees0eeWAe 90 .
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