Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1890-04-26


would undertake 10 guarantee the in
terest upon two million dollars bonds \
oi the new company, these bonds to
be based upon security composed Of
valuable coal lands, stone quarries for
building and for paving the city Of
salt Lake, together with the rights OF
way and lands for townsite purposes,
and additional guarantees of traffic by
the merchants and manufacturers of
Salt Lake City and the various mining
enterprises whose properties this line
would develop.
This amount of bonds it is intended
win construct the first two hundred
miles of road and develop an inn
mense coal mining, stone quarrying
and low-grade ore business which will
be concentrated in the city Of Salt
Lake.
There are indications that this en-
terprise has other and far.reachihg
plans not only TO develop these most
important mining districts OF the
Northwest, but to concentrate the dry
ores Of eastern Nevada, with the fux-
ing ores OF Idaho and Utah in the city
of Salt Lake.
II is not improbable that should this
1 liae be extended from the Wyoming
coal fields 10 the dry ore camps OF Ne
vada, that this northern extension or
Idaho limo may be included as a part
Of the program. IL is also not improb-
able that line may be extended TO
the south through central and west
ern Utah, in order to open up those
extensive iron and eoking coal fields,
the great asphaltum beds and noun
tains OF sulphur. together with the
numerous valuable deposits of other
minerals which are known to exist in
that direction, This would give a
main line from Evanston, Wyoming
through Salt Lake TO point from
sixty five TO one hundred miles west Of
Salt Lake City, at which point the
north and south lines mentioned above
are intended TO diverge.
A movement has been mentioned u
secure the cooperation Of the boards
of trade and town authorities Of Boise
City, Caldwell, Payette, Weiser, Sho
shone. Haley, Bellevue, and tn,
Chamber Of Commerce OF Salt LAX,
to inaugurate or incorporate thes'
enterprises. The object Of this move
ment evidently is intended 10 secur,
the cooperation Of the people ant
. communities 10 be bene fitted by THU
railway enterprise.
One Of the enterprises most TO b'
benefited in the Snake river valley
would be that OF the Snake Rive
! Canal and Irrigation companies
/ through whose districts the north ane
, south line would be constructed.
There are in Idaho alone over 10,
600 900 acres Of land classed az agri
9 cultural, OF which from S,0OO.000 d
: 10000, 600, are included within tn,
> drainage area Of the Snake river basin
, Thrnugho It this area during the pas
wear the government engineers hay,
been conducting surveys under tn
: auspices of the geological department
(, for tire purpose Of establishing storag
! reservoirs under government super
vision.
!, The admission Of Idaho seems full,
Q assured ut an early date. The atten
, ton Of the whole east, as well as tn
, west, is now being turned toward thi
new State, and its advantages for tn
investment OF capital aud for securing
= large tracts Of valuable lands are wei
I known throughout the financial world
!. IL is region rich in resources an,
prolific in all the materials which cal
be utilized in manufactures ard com
; merce. No Territory is capable @
r supplying 50 much business, or OF al
o ding 20 the wealth aud the industrie
of Salt Lake, and no better field @
enterprise for railway construction caI
! be found than the line which has 10
/ its object the development OF this IT
@ glon.--Shoshone Journal.