Correspondence between Joshua Chase and Sydney Chase regarding Everglades drainage bond scheme


Material Information

Correspondence between Joshua Chase and Sydney Chase regarding Everglades drainage bond scheme
Series Title:
Business Records of Sydney Octavius Chase
Physical Description:
Chase family
Publication Date:
Physical Location:
Box: 22
Folder: 5.68. Everglades Drainage (Bill Number 479)


Spatial Coverage:
North America -- United States of America -- Florida

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
System ID:

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Feb 11 1987

Mr. 8. 0. Chase,
Henry Grady Hotel,
..tlmatu0 Georgia4

,Dear Sydi

As there was soeine u ertainty as to which way yo' would
travel after the 'aahingtoa oonferaise, I djd not make any attempt
to reach you in Sew York. Randall agreed to telephone mns just as
soon as oh received a wire from you outlining your program. He
reached me at the house lst evening after aim o'_look and read me
the oantents of your message. e mapped out a reply to reaoh you
in New GYork.

I certainly congratulate you and L.r. Gray on the suooess
of the ooapereane with the mxaminer at the Income Tax Office. Lt
me hope that Ur. Gray will be able to carry out his claim for a re-
fund, due to the lowo under which the Noeatee property was operated.
after we took control* I am writing Gray to give me a little report
of what too,- place for my records.

nolosed find copy of letter to Vans Agnew reogc-rding the
action taken at the ooming Legislature in reference to arutning the
verglades. Vana Agn4 w appeared to. think that there was scheme on'
hand by the people who bought the bonds to put in a measure that '
would levy a tax on part or Ull of the land in the State, and the
proceeds to be used to pay-off a lot of these drainage bonds by
Counties, ooauniti a and private, individuals. In other words, the
state of Plerida would be pledging its money and credit to bock up
a lot of roul estate apeoulation sohemoa, and these. boxda now in the
hands of people outside of the State, bought at a discount, vould
i immediately become awfully good eourity.

There was a rumor that a large sum of money had been created
by the financial outfits handling the Florida bonds to lobby this
aoheme through, and soma of the high-up offleers were already subsi -
dized. In other words, these people know exactly wbht they want and
are going aCter it with a well organized lobby, and will get it
unless we have men in the House and Senate who are on the lockout
for it, expose it and defeat it*

ue feel sure that laose Overstreet is against any esuh ashoam -P'
but we ao not know anything about representatives from other parts
of. the atate.

The future outlook for the citrus market is gloomy. The .
cold weather, dry weather and the laws of Nature are operating M
the fruit on the trees. All of it is just about ready to unbuttsa
and turn loose and we will be forced to move bur fritt at Isl ewar

-. -- *

and other points whether we want to or not unless we are prepared
to have it drops

went out there Thuraday, and Browne is under instructions
to use hle foorn to irrigate the tangerines -~d the tract already
pioke& Just west of the packing house, and on :aOndu to comoenoe-
piccing operations on the iLlands Note oopy of letter herewith.

..amn you receive thia Saturday, if you feel like changing
the plans, don't Xorget'to wire,

a-lso find enclosed copy of letter to Randall regarding
iocatee. de will be interested in hearing from you again.

Your vero truly,


*1. *i

. .. .^.

-r. S, 0. Ghanae

- -2-

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