, 1884-07-22
MILLIONS IN IT.
The Boutwell, Syndicate Finally Put
in an Appearance.
Some of the Men Who Accompany
the Party.
On a Tour to Examine the Terri
tory's Wealth.

John Il. Boutwell,, the head of the great
English syndicate, accompanied by ( q
Upton, of New York, Roswell Gray, of
Philadelphia, George A. Stearns and L.
D. Shoemaker, of Wilkesbarre, Pa, H.
w. Mensell, of New York, and other cap
~italists, scientific men and engineers, ar
rived IN Cheyenne on Sunday and took
rooms at the Inter Ocean. The arrival of
this syndicate which controls millions
of capital, and coming as they did for the
purpose of taking some decided step in
reference to the construction of a line of
railroad in unison with the Cheyenne,
Black Hills & Montana railway,
caused no little furry and futter
of excitement among those who are
watching with interest the progress of
vents here in Wyoming and it could
readily be seen that this was an event
which means something.
FLATTERING is THE PROSPECT.
On yesterday The LEADERS reporter
called on Mr.. Boutwell, at the Inter Ocean
hotel, and after stating his business was
invited by that gentleman to accompany
him 10 his room ON the second floor of the
hotel. Once in the room and seated Mr..
Boutwell, remarked, well, now l am
ready to listen. What can | do for you?"
MY purpose in calling is this" said
the reporter; Il wish to know what in
formation you would feel at liberty to im-
part in reference to the plans and pur-
poses of the syndicate which you repre-
sent?"
In answer to this question, after musing
a moment, Mr.. Boutwell, said: San or
ganizltion called the Central Association
of Wyoming was formed about one year
ago for the purpose of acquiring mineral
properties in Wyoming ami to develop
them and to supply the means Of trans
portation. This company
HAVE BEEN AT WORK FOR A TEAR.
They have acquired large tracts of coal
lands, iron, clay, soda deposits and petro-
leum. They have had a great many tests
made and they are now to push the de-
velopment of them. All the capital nee
essary Tor the complete development of
these prospects aud for building the nee
essary railroads has been secured and the
work will go forward as rapidly as the ex-
perts and engineers advise"
What line of railroad do you expect TO
build?'
This is not primarily q railroad enter
prise. The railroad is an incident. 1t
was 3 necessary expense that must be en-
countered in the development of the pros
poets and we shall therefore build Just
such track as the engineers of the com
pany recommend for the development of
the property"
Have you determined upon any par
ticular %route?"
That is something which will be done
during this present trip. In the party
now going west there are civil engineers,
practical petroleum and scientific men,
who came out here for the purpose of
determining lust the point which you ask
about, and | would rather not attempt 10
say just what track will be built"
Il suppose the syndicate which you re-
present has ut its command all the capital
necessary for this enterprise?"
THEY HAvE PLENTY OF MONEY.
''Oh, yes; the Central Association of
Wyoming has the necessary capital, and
will push the work as fast as the develope-
ment of the prospects will justify"
Considerable other conversation took
place, in which Mr.. Boutwell, stated, in
answer to a question, that he was the Pre-
sident of the Central Association of
Wyoming; that in reference to the mineral
and other lands which the company
propose to develop it would he
sufficient TO state what kind of
lands they were and everybody
would know where they were. He said
that he felt somewhat unwilling to say
very much in regard to the prospects and
plans of the syndicate. Some of the
members are willing 10 disclose little N
regard to their plans and purposes, while
others like himself thought it best no 10
say very much. An a~llusion to the fact
that the Burlington & Missouri people
were close at hand, only elected from Mr..
Boutwell, the answer that he supposed
that such was the case, or something to
that effect. Thanking Mr.. Boutwell, for
the courtesy shown and the information
impaired, THE LEADER man withdrew.
The Boutwell, party departed for Raw
Inns last evening, accompanied by Hon.