The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1877-10-25

Hon. w. a. III. Loveland, president
of the Colorado Central, was in Denver
the other day, and was interviewed at
length by a Times reporter. We make
the following extracts from the report:
In regard to the prospects Of his line,
considered by itself, he is thoroughly
satisfied. He says that there remains
no reasonable doubt that the road will
be able to support itself from its local
business alone. The country from
Longmont to APPOINT several miles north
of the crossing Of the Cache la Poudre
is one of the finest in Colorado and is
rapidly filling up with settlers, who
will be ready next year to give the road
business. Not the least important
factor in the success of the line will be
the ditch which is to be taken out be-
tween the Big and Little Thompson.
This ditch will be taken ont well up
the Thompson, and will run along the
divide between the two creeks named,
covering for the present about twenty
thousand acres-capable of supporting
a thousand souls. Instead Of being
conducted in a fume along the precipi-
tous hcg-back, the ditch will pass
through the hogback by Il tunnel.
This will permit the watering of the
land close up to the foothills, and all
along the line of the ditch are capacious
natural reservoirs that will gradually fill
up and insure II plentiful supply of
water at all seasons.
A town has been laid out at the Big
Thompson, and there will be also a
depot at the Little Thompson. Be-
sides the local traffic, Mr.. Loveland
expressed the opinion that the through
business would be comparatively large
from the outset. Already contracts
have been made in the East for freight
over the road to Denver, and n car is
now at Cheyenne awaiting the compile
| ton of the road. With the prudence
| of a skillful general, Mr.. L. is already
seeking points of vantage for trade,
and in so doing has hit upon what will
eventually prove Il remuneratiye bust
ness-the shipment of salt from Salt
Lake. The salt has been tested at
| some Colorado reducing works, and
found to be one per cent better than the
| eastern product, q fact which will IN
doubtedly create q demand for it all
over the State. In regard to the south
ern business, there is no doubt that the
road will get its full share of that both
ways, as Mr.. l.. is satisfied that he can
lay down Chicago freight at Pueblo as
quickly as it can be laid down by the
A. T. & S. F.
In speaking of the wide spread doubt
of the good faith of the Union Pacific,
Mr.. Loveland said that railroad men,
like other business men, were governed
by their interests, and he was satisfied
that the Union Pacific would keep faith
because it was for their interest S % to
do. The new route was a much better
one titan the Denver Pacific, running
through a section of c%ountrymuch more
able to support a road, and therefore
there was no longer any object for the
acquisition of the Denver Pacific by
Gould and his associates. At any time
prior to the commencement of the
Longmont road they would have been
glad to have acquired the Denver
Pacific, and the speaker had himself
offered twice the amount that it would
cost to construct his road for the CON
trolling interest in the D. p, when the
latter road was actually worth very
much less than a new road. AT the
same time the Union Pacific people
desired a consolidation of the interests
of the two rival trunk lines. Owing to
the facts, however, that the Longmont
extension drained a section of country
so much better than was anticipated,
and that, as the speaker supposed, Mr..
Gould had satisfied himself that he was
in no danger from the pressing of a pro-
rate suit, these projects had been
abandoned, and there was very little
danger of their being renewed. He
admitted, however, that the policy of
great railroads had to be changed to
suit existing circumstances, but in any
event the Longmont road could not but
be a benefit to Northern Colorado by
a~ffording a competing line between its
termini.
He felt satisfied that Denver had
really profted by the practical loss of
81, ZOO, 600 stock in the d. 2. road in
-x.I,--~ e.. %hN a~n.k-,f.N,, 80 L..