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Show to oonnow koodoo ooo Plan to nalee Money to flebulld San Trancleco Ran rianclaco A plan la now tin der dlicuaalon here by which It I Imped to eecure lino 000 Hon llrlefly, the puriMiao la lo aeciire Ibe guaran ten of Hi United HI n lea umu Imnda lo that amount which ahall form a morlgago on Ihe new cnnalructhin It waa broughi forward hy former May or Jamea II I'helan at a meeting held Hunday, at which were preeent Con-rreaaman Con-rreaaman Jullii Kahn of Ihe KouHh California dlatrlrt Chart H Wheelei and Hanker H (I Muridiy Mr I'helan later made tho following atatenient' 'The purpoee uf Ihla meeting waa to dlacua wa)a of providing capital for Iho rebuilding of Ihe bualneaa hniine of Han Franclam II la eall mated hy Iho underwriter that wo havo aultereil a loaa of ItOOOouofln Thla la for Ihe moat pait reproaenlel In Ihe dealructlon uf hulldlnga by lire It la Imperative that without delay new atruclurea ahould go up on thn .tulaa.ot.lbe uU.Kia, w.llh Ihe lat will In Ihe world Ihere la not auf-flclent auf-flclent money In Han Kranclaco lo do thla, and we muat look for II elao. where If wo have to Imrrow It through Ihe ordinary banking chan-nela chan-nela wo will havo to pay 4 II and per hapa t per rent, which added to tho Increaaed taiallon wo will Indubitably havo lo hear will bo a burden tot great for lit to carry It la the Idea, therefore In frame leglalallnn, which Cnngreuman Kahn will be aakeil In preeent to congreaa recommending that the United Hlnlea guarantee our honda With Ihla guarantee we will bo able In go Into Ihe financial mar keta of Ihe world and bortow al 1 or SVj lT cent tho Itnnoonooo wo need Theae Umda ahould run for not lea than Itfly yeara The proceed of their aale would lie loaned on Ibe ae curlty of tho really and Ihe new con atructlnn. In other word Ihey would conalllule a mortgage on Ihe beet ir lion of Ihe new city ' |