r
L. Jo Simpson, President off Port Commission, Outlines Needs of Port
of Coos Bay; Tells What Has Been Done With Funds Collected
PRESIDENT OF PORT COMMISSION MAKES DETAILED STATEMENT OP HOW MONEV HAS BEEN USED, HOW PORT HAS PROFITED AS WELL AS CITIZENS nV BIG FILLS IN MARSH
FIELD AND NORTH BEND AND OF NEED FOR COMPLETING PROJECT NOW THROUGH ANOTHER BOND ISSUE IN ORDER TO GET THE ADVANTAGES OF WORK ALREADY DONE.
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Tho following self explanatory
statement was read by President L.
j Simpson, of tho Port of Coos Bay
Commission at a recent meeting of
the .Mnrshflold Chambor of Com
merce, when It was docldod to Im
mediately Inaugurate a petition cam
paign to socuro tho Issuance of
1300,000 more port bonds to com
plete tho harbor Improvement:
"As president of tho Port of Coos
Day it Klvcs mo great pleasure to
be afforded this opportunity to make
a statement to yur honorable- body
and to tho peoplo of tho Port dis
trict ns well, of what tho Port of
Coos Hny has accomplished and of
what It not only should accomplish,
hut what It hopes with your co-operation
to accomplish.
lfoforo tho dissolution of the old
Port, It adopted a project for tho Im
provement of tho Inner harbor of
Coos Day which was for a channel
from tho C. A. Smith mill In Marsh
field to tho bar, 300 feet In width
and 25 foot deep lit mean lower low
water, which project also provided
for turning basins In front of tho
cities of Mnrshflold and North Rend,
BOO feet In width and not less thnn
3000 feet long, dredged to a dopth
of 25 feet nt mean lower low water.
Authority was granted at an olectlon
held for that purpose to the old
Port to Ishuo $300,000.00 In bonds
of which J50.000.00 was avallablo
for tho purchase of proporty and
tho construction thorcon of wharves
and docks, $50,000.00 for tho Im
provement of tho Inlots, and $200,
000.00 for tho Jmprovomont of tho
main channel from tho Smith mill
to tho bar. Whon tho now port was
organized nnd tho present commie
iloncrs elected to office, they did
not chnngo tho project adopted by
tho orlglnnl port and this projoct
of tbo original port stands today as
tho project of tho prosont port. Tho
present Port, howovor, did not bo
llevo It to bo consistent with tho
belt Interest of tho wholo commun
ity to expend tho monoy In tho
manner In which tho original Port
was authorized to expend It, and
Instead of expending so much money
In tho acquisition of proporty, con
struction of warehouses and tnlot
Improvements, tho present Port has
expended nnd Is expending tho bulk
of tho bond Issuo upon tho main
harbor chnnnol.
Tho Port after legally ndvortls
log for bids, sold Its bond Issuo and
on April 30, 1913, rccolvcd tho not
proceeds of that sale, which amount
ed to $286,975.00 with accrued In
terest to tho dnto of salo amounting
to $1,958.35, or n total of $291,
933.35, having been forced to loso
I80CC.C5 ns a discount resulting In
this salo. With funds on hand
lth which to begin work, tho Port
entered Into a contract with tho
l'ugct Sound Bridge & Drodglng
Company on May 1-1, 1913 for tho
excavation of 1,800,000 cubic yards
from tho main channel of Coos Day
st a contract prlco of 12 cents por
cubic yard for tho excavation. Tho
The excavation was to bo removed
from a chnnnol 150 feet In width
from tho C. A. Smith mill to tho
bar, which was to bo drodgod to a
depth of 25 feet at moan lowor low
water This contract speclflod that
the Port of Coos Day should pay
the cxpeii8o of hnndllng tho shore
plpo and constructing tho necessary
bulkheads to retain tho dredglngs
tt Its own cost. About this tlmo
tho Wlllnmotto Pacific Railway Co.,
their representatives submitted a
proposition to tho Port ns follows:
'Tho Wlllamotto Pacific Railway
Company agrees to pay tho oxponso
it building tho bulkheads and hand
ling shore plpo for tho amount of
excavation that would bo removed
in the 150-foot channel drodged to
the Port's dopth In front of North
Bend, and that If tho Port would In
crease tho width of tho channel In
front of North Bond to sufficient
ldth to give tho Wlllamotto Pa
J'tlc Railway Company enough fill
la yards to bring tholr station
Wounds In North Bond up to grade,
they would not only handle tho
Jhoro plpo nnd bulkhead construc
t'on, but would pay tho Port of
wos Day one-half of tho cost of this
excavation necessary outsldo of tho
owiooi cnannei, reducing tno cosi
'o the Port of such excavation to bIx
cents per cubic ynrd. They rop
fesented also that unless this filling
wild bo dono for them Immediately,
"7 would withdraw their proposl
"a as their railroad construction
"lulred tho Immediate filling of
,0lr station grounds."
,J,5e,Port nfter duo consideration
oecidea that InnsnuiMi na tJifilr oroi-
ftt called for a 300-foot channel
JM a 500-foot turning basins In
. ti l Do,n cities, and mnsmucn
" hey could effect a saving of six
,.. ..per cuu'. yd on vory large
quantity of dredging, decided that
i was economy and for tho best ln
raiu,8,of tho Fort to accept the
, "7 company's proposition ana
,l. began tho excavation of the
jwnnej rnd turning basin nt North
fated that tho channel nnd turning
aVJa ln ront of North Bend bo
Jredged to n minimum of 27 feet
"l Dean 1rvn. I - .l ttin
IThi .s wns eventually so done.
gn only expense to the Port of the
rtea8inir nt Mitrlk Tlnrwl ttnlnc 12
fQts ner riii.in o.i fn. ttia otm.
fat'm In tho 150-foot channel and
h.n ' per cubic yard for the ex
l'Ttion outsldo the original 150
8m ne work in ront of Nortn
Is"?? ?'as completed and a channel
it .' or Practically tbree-quar-u'1
w a mile In length, was dredg-
minimum depth of ZTA
sn-o 1C00 feet was dredged 600
.ta width.
ols work completed, tho dredger
UTed to the upper Smith mill bet-
BISRURSEMENTS OF PORT OF COOS BAY FROM
ORGANIZATION OF PORT TO APRIL 24, 1014.
Pugot 8ound Brldgo and Dredging Compnny $208,290.31
Engineer Charlcson and crow 3,383.25
Improvement Catching Inlet 395.69
luor .st on Bond Issue 15,000
Construction Mill Slough Drain 7,717.18
Refund to Mnrshflold Chamber of Commerce expenses of or
ganization of Port 332.71
Salary account asst. secretary 520.3D
Offlco supplies for secretary nnd engineer 1CC.30
Offlco rent for Port and engineer 112.50
Engineering services prior employment Charleson 132.76
Western Union Telegraph Company 77.78
Interest on outstanding warrants 50.30
Legal expenses and attorneys' salaries 1,900.00
Advertising and other exponses of bond Issuo 235.38
Expenses delegation to Congress 1,350.00
Printing nnnual report and official notices 88.01
1913 and 1914 appropriations Rivers and Harbors Congress. . 300.00
1912 and 1913 statistical reports 100.00
1913 and 1914 premiums treasurer's bond 1C0.00
Purchasing dredge plpo and wooden water plpo 19.90
Lumber bulkhoadtng 12.04
Damages caused by filling 3.7G
Mill Slough bulkhead and box tldo gate 288.08
Removal of wreck from channel 20.11
Planting Holland Grass on North Sand Spit 500.00
Sower assessment Port proporty 591.22
Hauling wooden wator plpo r7C
$241,700.52
Receipts of Port of Coo9 Bay Slnco Organization
Proceeds of bond salo . $280,975.00
Interest on bonds to dato of delivery 4,958.35
County Port tax 23,250.00
Interest on deposit from local banks C000.8G
Southern Pacific Co., account dredging 17,111.32
A. L. McMahon, account of dredging .' . . 250. 04
Totnl rccolpta $338,546.17
Tolal disbursements ". $241,700.52
Cash on hand April 24. 1914 $ 90,785.65
Duo from property acct. of fills, etc 51,207.89
$148,294.64
Less ton por cent reserved from Pudgot Sound Brldgo and
Drodglng Co., as per contract $ 23,090.14
Amount iavnllnblo for continuing prcsont contract with Pugot
Sound Brldgo & Dredging Company $125,204.40
tor known ns tho Day City mill, or
Eastsldo mill. At this tlmo a sup
plementary contract was entered Into
by tho Port with tho Pugot Sound
Ilrldgo & Drodglng Company, whore
In It was agreed that tho Pugot
Sound Bridge k Drodglng Company
would hnndlo tho shore plpo for
1 3-4 cents por cubic yard excava
tion and would build tho bulkhead
on forco account, or for tho pay
ment of 10 por cent over and nbovo
tho actual cost of such construction
to tho drodglng company. Tho ob
ject of ontorlng Into this. contract
wns to lesson tho cost of such work
to tho Port, as It was vory evident
that It would cost the Port n much
greater sum of money to do this
work thomsolvcs, from tho fact that
tho dredging company's crow, fam
iliar with such construction, nnd
on account of being able to hnndlo
tho shoro plpo nnd tho bulkhead
construction with tho sntno crow and
t tho sntno tlmo, and could do tho
work much choapor than tho Port
rould do It with an Individual crow
of Its own.
Work wns begun on tho Mnrsh
flold end of tho projoct 500 fcot
south of tho nbovo-monttonod Smith
mill, and n channol was dredged
varying from 150 to 200 feet In
width from tho nbovo point to a
point opposite tho lowor cornor of
the now Smith mill dock, with a
uniform dopth of 25 foot nt moan
lower low wator. From this point
to tho mouth of Coalbnnk Slough
n channel was dredged with nn nvor
oge width of 360 feet, to tho mouth
of Coaluank Slough nnd from Coal
bonk Slough to a point opposite the
Coos Hay Ico and Cold Storago
Company's plant a channol has beon
dredged or Is vory nearly completed,
600 foot In width for a distance of
5600 feet with an averago depth of
25 feet at mean lower low wator.
All of this dredging Is embraced
In tho original Port's projoct, and
It was tho Judgmont of tho Commis
sioners that It was for tho bCBt In
terests of tho Port to complete this
drodglng and particularly tho Marsh
field turning basin boforo proceed
ing with tho balance of the project
for the reason that It would
bo possible to securo In the
lowlands of tho city of Mnrsh
flold tho necessary dumping
ground for tho excavation and
to huve all of the cost of handl ng
tho shoro plpo and the construction
of the bulkheads borno by the prop
erty owners. If this could not have
been done It would have forced the
Port to find dumping ground on tho
Eastsldo of tho Bay, and If the Port
had been forced to do this, It would
have been obliged to pay 1 3-4 cents
per cubic yard for handling tho shore
pipe and tho cost of constructing tho
necessary bulkheads to retain the
dredglngs. According to the figures
shown In tho statement hereto at
tached, tho cost of handling the
shore pipe nlono for the -work
mentioned above, would have been
$19,383.48. and the cost of con
structing tbo necessary bulkheads, at
feast $6000 additional so , tna the
Port affected a saving of 26,383.48
as the result of completing the I'arsh
fleld turning basin and giving the
nroperty owners of tho city of Marsh
field the benefit of the fill. This
turning basin Is about completed, and
will be completed within the next
threo weeks. Attention Is called to
tho following financial statonen:
(Seo statement above at head of
th Fro'm'W above It will be seen
that there Is available $126,204.40
for completlpg the Marshfield cut
and continuing the 160- oot channel
from Marsbfleld towards the bar.
From a careful estimate made by he
engineer and corroborated by the
dredging Co., this amount of monoy
will complete tho Mnrshflold turning
basin nnd a channol 160 foot wldo
from tho Mnrshflold turning basin to
tho south end of tho North Dond
turning bnsln. Whon this work Is
comploted tho Port will bavo ex
nausted Its ontlro bond issuo
of $300,000,00. Tholr contract
with tho dredging company
will havo beon comploted, and unless
other arrrangoments are made the
work of dredging tho channel of
Coos Day will conio to an end, It
Is thoreforo noccssnry for tho Port
to consider tho quostlon of contin
uing tho dredging work nnd com
pleting Its projoct 300 fcot wldo to
tho bar. To stop nt this point
would bo tho greatest mlstnko thoy
could mako. Tho work so far accom
plished standing by Itself would bo
practically usolcss unless means
woro devised for tho completion of
tho Port's project. It Is well known
that tho shoals bolow North Dond
nro tho worst with which shipping
has to contend nnd that when tho
tldo Is high enough to permit ves
sols to cross these shoals, thoro Is
nlwnys enough wator to allow ship
ping to go from North Dond to
Marsbfleld. It Is thoreforo neces
sary, In order to got tho full bonoflt
of tho work nlrondy accomplished,
' to contlnuo nnd complete tho Port's
project bo that thoro will bo a chan
nol 300 feot wldo and 25 feet deep
nt moan lower low water tho entire
dlstanco from tho bar to tho uppor
Smith mill.
With tho assistance of the dredg
ing company and tbo Port'c ongln
oor, I havo propared on estimate of
tho amount of ynrdngo of excavation
roqulrod to comploto this project. Aa
boforo stated, funds now on bond
and due tbo Port will comploto tbo
Marsbfleld turning basin "and tho
150-foot channel as far south aa tbo
south end of tho North Bond turn
ing basin. Thoro remalnB to bo re
moved In tho second cut 150 feot
wldo and 25 feot deep at moan low
or low wator from tho north end
of tho Marsbfleld turning basin to
tho south end of tho North Dond
turning basin, 500,000 cubic yards
and In the first 150 foot cut from
the north end of tho North Bond
turning basin to tho bar, 600,000
cublo yards and In tbo sec
ond 160-foot cut from tho
north ond of tho North Bend
turning basin to tho bar, 600,000 cu
bic yards, or a total of 1,720,
000 yards allowing fur on
addition to this and prou
ablo overrun yardage ln this amount
of dredging, of 276,000 cubic yards
there will bo a total yardage of 1.
995,000 cubic yards to be removed,
and paid for, after tho present funds
are exhausted. It will be necessary
for the Port to provldo funds for re
moving this yardago and with
the Idea of ascertaining what
tho cost of this work would
be, the Port asked tho Puget
Sound Bridge and Dredging Co.
to give them a price on this additional
work, and they havo submitted a ten
atlve proposition to the Port to com
plete the 300 foot channol to tho bar
and to excavate this 1,996,000 cubic
.yards at a price of 12 cents per cubic
yard, .which prlco Includes all the
expense of handling tho shore pipe
ln tho lowor bar, which price would
therefore bo the net cost to the
Port for completing their present pro
ject after the funds now on hand are
exhausted , and would amount to
$239,400.00. As there Is no necess
ity of constructing bulkheads below
North Bend and as tho property own
ers above North Bond have agreed
to take all of tho excavation and to
pay tho cost of constructing bulk
heads to retain It, and to pay tbe
cost of handling the shoro pipe,
thoro would not bo any addi
tional exponso to tho Port other
than tho abovo 12 cents per cubic
yard, or tho beforo mentioned $239,
400.00 except such amounts as would
be noccssnry to pay tho Port engineer,
his crow, to tho attorneys, assistant
Bccrotary, and tho miscellaneous ex
penditures of tho Port, which safely
can bo estimated nt $10,600, bring
ing tho totnl exponso up to $250,000,
Tho Pugot Sound Drldgo & Drodg
lng Compnny havo agreed that If,
thoy aro awarded tho contract for
tho completion of tho Port'B projoct
to tho bar, for tho abovo mentioned
prlco that thoy will purchaso from
tho Port, or will accept bonds of tho
Port nt par In payment of tho drodg
lng. Tho Port BUfforod a loss of some
$8000 through being ffltc'M to dis
count Its first issuo of bonds, nnd In
this hiBtanco nn equal amount, If not
n grenter one, would bo saved to
tho Port. It scorns advisable at
this tlmo to Issuo $300,000 moro of
bonds bearing flvo per cent In
terest, nnd tho Pugot Sound Drldgo
& Drodglng Compnny has offored
to tako this ontlro issuo nt par,
either by direct purchaBo or to accept
bonds In payment for dredging dono
by thorn for tho Port, nnd to glvo
tbo Port $300,000 ln cash, for
which it will bo given nn equal
amount of bonds nt par, this monoy
to bo avallablo Immediately for tho
Improvement of tho Inlots. From
tho figures given nbovo, showing
tho nmount of ynrdago to bo remov
ed ln completing tho project, $250,
000 of this additional bond Issue
would bo used In that mannor, and
thoro would bo avallablo $50,000
or such portion of this amount an
was necessary for tbo Improvement
of tho inlots.
Tho Port of Coob Day has pledged
various sums of monoy for tho lm
provomont of Kontuck, North nnd
Wlllnnch Inlets, nlso for tho Coos
River cut-off. Theso sums of
monoy bolng appropriated contin
gent upon tbo Couuty Court of Coos
County appropriating nn amount
oqual to tho Port'B appropriation,
nnd tho Bottlers on tho dlfforent in
lets appropriating nn amount equal
to tho Port's appropriation. This
has scorned to bo almost an Imposi
tion upon tho peoplo residing on tho
Inlots, and at a rocont mooting of
tho Port Commissioners, It was do
cldod to submit a proposition to tho
County Court of Coos County which
would bo substantially as follows:
"That tho Port of floos Day would
appropriate ono-hnlf of tho money
noccssary for tho ' Improvement of
tho vnrlouB Inlots dp to tho sum of
$30,000, providing tho County Court
of Coos County would appropriate
tho othor ono-hnlf." Inasmuch as
tho dirtoront Inlots of tho Day aro
tho roadB nnd highways of tho farm
er, It scorns no moro than right that
tho County Court should treat thorn
nB such and work In conjunction
with tbo Port ln tholr Improvement,
to tho extent of at least one-halt
of such cost of Improvement.
Thoro would bo loft $20,000 of
tho $300,000 boud Issuo which
should bo rotnlnod by tho Port for
emergencies or any contingency that
might arlso, and this amount could
bo exponded for oxtoudod channol
dredging or additional inlot Im
provements as conditions in tho fu
ture would warrant.
That tho projoct should bo com
pleted thoro Is no ducBtlon, for it
It Is not completod tbo usefulness
of tho work already accomplished
will bo lost, Whenovor dologatious
nnd othoro havo Interceded with tbo
United States Englnoers for a great
er depth of wator on tho Coos Bay
. bar, they havo Invariably boon mot
with this question:
"Why do you need moro water on
tho bar whon you do not havo as
much water at low tldo Inside the
bar as you havo on tbo bar at tho
prosont tlmoT" If wo comploto our
projoct wo can turn tho tables and
ask of the U. S. Eaglneors this
question; "Why do you not glvo
us as much water on tho bar as wo
havo In our Insldo channel?"
Before tho mills of Coos Bay can
enjoy tho bonofttB of a forolgn lum
ber trado, It will bo necessary to
accommodate steamers with a carry
ing capacity of from threo to six
million feet of lumber, and as those
vossels aro dcop draft, we will not
be nblo to load them at Coos Bay
until tho Port's channol Is complot
ed. There is a groat possibility
that tho U. B. bar dredgo Mlchlo
will glvo us much bettor water
on tho bar boforo the summer 1b
ovor, and If the Port completes its
project thoro will be nothing to
hinder vessels of tho typo mention
ed coming to Coos Day and loading
cargoes for forolgn trade, and these
vessels after tho completion of
tho railroad to Coos Day can roturn
with full cargoes, by rail, to their
destination, tbo vossels themselves
loading another cargo of lumber
hero for tho same foreign ports.
This ono thing would undoubtedly
result In tho building up of a large
foreign commerce between Coos Bay
and tho Orient, but without tho
completed channel 3Q0 feet wide
and 26 feot deep at moan lower
low water, thero Is absolutely no
chance of such a foreign trado be
ing built up for Coos Bay, nor Is
there a chance for tho mills and
factories of Coos Bay to market
their products to tho best advantage
which in tho end would naturally
result to Coos Bay's benefit.
If froo tolls through tho Panama
Canal for American shipping en
gaged in tho Interstate commerce
bo repealed, tho mills of British
Columbia, which employ Chinese,
Japanese and Hindu labor at a
cheap wage, can on account of free
trade, ship tbe products of their
mills on English voosols, manned
principally by Chinese and Japanese
at a low wage, to tbe Atlantic coast
and successfully compote with tbo
Oregon and Washington sawmills.
Thero Is no place on the Pacific
Coast better ablo to meet that com
petition moro successfully than Coos
Bay. On account of tbo many hun
dreds of miles that It Is hearer to
tho Atlantic Coast than tho other
lumber producing ports of tho Pa
cific Coast, nnd on account of tho
fact that tho British Columbia mills
aro so many hundred miles further
away, all that romnlns to permit
Coos Bay to successfully compote
with tho mills of Drltlsh Columbia
Is to glvo her a 25-foot chnnnol 300
feot wldo from tho Smith mills to
tho bar. , ......
Lot us glvo some thought to tno
effect of this additional bond Issue
upon taxation. At tho present tlmo
the Port has lovlod a maximum tax
of three mills, and it has coBt tho
Port thlB threo mills of taxation for
tho $300,000 original bond Issuo.
Should tho Port Issue nn additional
$300,000 of bonds, tho Interest on
both Issues at 5 per cent per annum
would be $30,000. The assessed val
uation of tho proporty within tho con
fines of tho Port Is ovor $9,000,000
and a four mill tax lovlod upon this
$9,000,000 would produce $30,000
per year, eo that with n tour mill tax
or with tho nddltlon of only ono mill
In taxation, tho Port would not only
bo ablo to pay Interest on tho origi
nal bond Issuo and an additional
$300,000 bond Issuo, but havo $6000
loft for administration or Incidental
expenses.
Eliminating entirely tho bonofits
that have boen dorlvod ns a result of
the drodgtng of tho turning basins
In front of Marsbfleld and North
Dcnd and dredging tho chnnnol of the
Bay, tho benoflts derived from tho
fills mado In North Dond and Marsh
field aro worth to tho two cities In
dollars not only the ontlro amount
of tho original bond Issuo, but a sum
fur In oxcess of that nnd at least
$500,000, and It this work of filling
had boen dono In any other manner
It would have cost at least $400,
000. Attontlon Is called to tho fol
lowing statement:
Estimated Cost of Street and Prop
erty Fill ln North Bead and
Mnrshfleld by Ordinary
Process.
Streots filled In North
Bend, CO, 108 cu. yds.
& $.25... 4 $14,777.10
Streets filled In Marsh
field, 495,600 cu. yds.
O $.30 $148,680.00
Total. 554,708 cu. yds.. $103,467.00
Estimated averago cost per yard
troot fills In North Dend ond
Marshflold, 20 Ho por cu. yd,
Proporty tilled In North
Bond, 334,780 cu. yd.
O $.25 $ 83,097.00
Proporty tilled In Mnrsh
flold 495,000 cu. yd.,
C $.30 $148,080.00
Totnl 830,389 cu. yd.. .$232,377.00
Estimated avorngo cost per yard
proporty fills ln North Dend and
Marshflold, 28 cents per cubic yard.
Cost to property owners
fill of streots North
Bend and Marsbfleld. $103,457.90
Cost to property owners
flit of proporty North
Bend and Marshflold. $232,377.00
$396,834.00
Total cublo yards fill In streets,
North Bond and Marsbfleld, 664,
708 cublo yards.
Total cubic yards fill In proporty
North Bend and Marsbfleld, 830,
389 cubic yards.
Amount paid to Port by
property owners for
.street and property
fill $ 73,559,67
Averago cose per cublo yard un
der Port, .063 cents per cublo yard.
From the foregoing statement It
will be seen that If tbe streets in
North Bond and Marshflold had been
filled by any other process than that
accomplished through the Port's
dredging project, tbe cost based up
on contracts for similar work re
cently let In both towns, would
have cost an average of 29 V cents
por cublo yard, and this cost would
have been assessed to and paid by
the abutting property owners, and
that It any equal amount of property
In North Bond ond Marsbfleld had
been filled by any otbor process than
that of tho Port's dredging project,
tho cost based upon contracts re
cently lot In both towns for similar
work would have avoraged 28 cents
per cublo yard, and would have
been paid by tbe property owners,
and that the total cost of this work
would have been $396,834,00 for
tbe actual work performed, to say
nothing of tbo added benefit to the
general appearance of the towns,
and the consequent added financial
value to the towns of such Improve
ment. The actual figures prepared
by the Port engineer, showed that
tho maximum cost to tho property
owners for street and property fills
In both towns Is $73,660.57, and
figured on a basis of the total
amount of yards placed In the fills,
the average cost for both street and
proporty fills, under the Port's
drodglng project, was a trifle over
five cents per cubic yard.
In addition to all the other rea
sons enumerated above for contin
uing the Port'a project to comple
tion Immediately, Is the fact that it
this work is not completed Imme
diately the dredge Seattle will be
taken to some other port, and the
Port will not be able to Becure
as low a figure and as reasonable
a contract for the dredglngs, as It
Is able to secure now, nor will it be
able to dispose of Its bond issue for
as good a prlee as that offered by
the Puget Bound Bridge and Dredg
ing Company.
Respectfully submitted
L. J. SIMPSON,
ills H
If 8
'tkMN
a
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