The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1877-10-26
A NEW RAILROAD COMPANY.
a Trip to Franklin.
From the Dcseret News, Oct. 10.

From the Dcseret News, Oct. 10.
| The Utah Northern Railroad is one Of thu
many material evidences of the industry
perseverance and determination of the peo
pie of Utah. In this instance the credi
principally belongs to the people in the
northern portion of the Territory. They
did the grading, got out the ties and con
structed the road, while eastern capital
chiefly, furnished the iron and rolling stock
The laborers on this road received the bulk
of their pay in vouchers calling for stock in
the road. The Cache Valley workmen were
suffering from the effects of a seven years
war-the grasshoppers had been victorious
for seven years in succession-but they felt
| the need Of the road, saw its value to their
| lovely valley, and stuck to the work under
able direction, and assisted by the people
of Box Elder and Weber Counties, until it
was finished from Ogden to Franklin dis
tance Of eighty miles.
1t was not expected that the local traffic
would be sufficient, at first, to sustain the
road and making it paying institution.
Bnt it was anticipated that the Montana
trade would be turned ia that direction, and
make the road a financial success Expe-
rieuce showed that this could only be COM
manded with certainty by an extension of
the road further north, because freighters
did not consider it worth their while to turn
out OF their old route, unless longer dis
tance was saved than the Utah Northern
afforded.
We are happy to say that arrangements
have now been made to push the line on to
Snake river, distance of abont eighty
five miles. This will insure the success Of
the road, bring much business into Cache
Valley, and very materially assist OGDEN.
which will be the point of transfer from the
broad gauge of the Union aud Central Pa
cific Railroads to the narrow gauge OF the
Utah and Northern Railroad.
This is the new name Of the road, and
the tile OF new company which has bten
formed by a coalition between the sock
holders Of the old company and some of the
leading stockholders and directors OF the
Union Pacific. The old stock will be called
in and new certificates issued as paid ug
shares. e. N. Vouchers will be settled for
In stock certificates at the face figures of
the vouchers instead of double the amount.
The stock, by this arrangement will be un-
assessable, and will have substantial value
in the market.
The directors of the Utah and Northern
Railroad are: Royal M, Rasset, Sidney Dill
lon, Jay Gould, Joseph Richardson, John
Sharp Monroe Salisbury, Benjamin Rich
ardson, Moses Thatcher, W. B. Preston,
George W. Thatcher, NJ. W. Merrill, Lorin
Farr, Samuel Smith aud Milton D. Ham
mond. A Directors meeting will be held
this evening at Ogden when the officers
for the ensuing year will be elected.
Ogden was reached at $50 p. m. where
most of the company took leave of the rail-
road magnates, Messrs. Gould, Dillon, Bas-
sett, Clark and Eg5ert staying over to pro-
ceed eastward this morning.
The trip gave great satisfaction to all.
The extension of the narrow gauge to Snake
river is a fixed fact, so far as written agree
ments can make it so. Eighteen months is
given as the time in which it is to be finish
ed, but there is little doubt that it will be
done in much shorter period. Contracts
will be let at once, and payments be made
for the work in cash.
Now let Montana reach out and shake
hands with the people of the South. This
road offers to that Territory the quickest
and cheapest outlet for It's minerals, and
the easiest means of communication with
the great world. Either let Montana build
down to Snake river or-which will be much
more economical for them in the long rnn
make arrangements with the Utah and
Northern to push their road on to Helena.
Thus will be opened to them the way to
wealth and prosperity, and Utah will share
III the benefits of the movement Anyhow,
the success of the narrow gauge road is as
sured. The Montana freight will run by
this route, and while Ogden, Logan and all
northern Utah are enriched by the roads
the Union Pacific will secure the
traffic which formerly went by the way of
Fort Benton. Should we all not feel pref
" well satisfied with the prospects?