SEE PASE TWENTY-TWO
REPORT
of the Managing Director to
Old Spanish Trail Members
AUQUST l, 1926
-00Q000_
HEADQUARTERS, SAN AN T0N10.TEX
MEZZANINE FLOOR, GUNTER HOTEL
Eastern section or the Old Spanish Trail to cost over 503,000,000 with 510.065,3:10 spent or construction in progress—
Western section will cost 500,000,000 with $10,000,000 spent or construction in progress—
People now realize great barrier sections will be crossed and the highway opened promptly and already hundreds of millions are being invested in development of Old Spanish Trail territory—
Settlers arc coming—
Tlie opening of (ho highway this winter will start a new national migration to settle and develop these Southern Borderlands—
Three months’ survey of conditions eastward this year and a two months’ survey westward last year show progress exceeding all expectation—
Complete construction now assured; plans to build up travel, settlement and investment now are essential.
old Spanish Trail