The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1892-07-08
THE RAILROAD BOOM
Salt Lake to Be the Scene Of Ac-
tive Railroad Building.
THE coNNEcTITG LINK is HERE
The Rio Grande Has secured the Utah Gem
trail and, VIII Operate 1t With
the saltaIr Line

Salt Lake city will shortly be the scene
Of the most active railroad construction on
the American continent
1t will be. here that the connecting link
will be made of the first railroad system
extending from ocean TO ocean.
All the great railway corporations
centering this way are watching every
movement OF their rivals.
There are only two great railway sys-
tens in this countryside Vanderbilt and
the Gould.
Jay Gould spent several days in Salt
Lake last year aud Vanderbilt and Chauncy
Depew, the president OF the Now York
Central system, also made a stay here.
Gould was here ostensibly for his health but
Vanderbilt and Depew were here on bust
ness.
All persons conversant with the railway
situation have known for two years that
the Northwestern would be extended TO
the coast as soon as cheap money could be
had to build it with.
Money has never been cheaper in the
east than IL is at the present time. The
Bank of England has reduced the rate or
interest on the government loan to less
than 3 per cent. and the New York banks
are glutted with money. This forecastes
an era of railway building.
The conditions are ripe for movement
TO the Pacific.
The orders have been given and the sur
veyors are in the field.
Salt Lake city is at present the seat OF
active operations.
Two surveying parties left this city dur
ing the last two weeks, one headed east
and the other west. Both these parties
are in the interest OF the same great
scheme Of transcon tinental line.
The situation as it appears on the sur
face is this.
The Northwestern road is already built
TO Casper, Wyo., within $50 miles Of Salt
Lake. 1t has 500 miles of road in western
Nebraska and Wyoming without city
cne-fourth the sGe of Salt Lake city.
The surveying party which went last are
\ in Kaysville canon and will work east. 1t
was this cafion which Vanderbilt and De-
pew inspected when they we're in Salt
Lake. BY coming through this canon it
will meet the Hot Springs 81 Bountiful
road at Kaysville. 1t will be remembered
that Simon Bamberger denied that the
corps Of surveyors operating north of this
city were under his direction or pay, and
he further said that his road would be in
Deep Creek before it would be two miles
north of Kaysville. This denial must be
taken seriously. 1t permits of only one
couCAuslOus anu tnhe u Ihab bno noo
Springs line will be extended to
Kaysville and from there go east
through the Ksysville canon. crossing the
Union Pacific at some point near White
river instead OF by Grand Junction. This
will allow the North western to come to the
city over the Hot Springs line. Bamber-
ger has an option on the jennings property
the Deveraux house--snd this will be the
depot Of the Northwestern after it absorbs
! the HIT S0rinQe lima
Simon Bamberger, as another part of his
contract with the Northwestern, it is be-
lieved, is to build the Deep Greek road,
which will let the Northwestern as far
west as the Nevada line. a. G. Cleveland
and the San Francisco crowd have the sur
veys completed through California and
Nevada that will fit unto the Deep Creek
line, allowing the Northwestern a line into
! San Francisco.
Another important local railway move
ment the building of the Saltair road.
This is presumably purely local enter
prise, but it transpires that the Rio Grande
| Western has secured controlling interest
IN the Utah Central With the Saltair and
Park City roads salt can be shipped to the
great Park City mines direct.
This valuable piece of property carries
with it graded roadbed as far as Kamas,
and once into the Strawberry valley it is
easy to form a connection with the
Denver & Apex road, which will
allow the Chicago g. Rock Island
and the Chicago 81 Alton an inlet into the
city through the Atlantic and Pacific tun-
mel that will be completed next year.
What Murray's scheme will amount to is
hard to tell, but word was received in the
city yesterday that the colonel had affected
the organization Of company at ST. Paul
and that he would be back in day or two
! to make the dirt fly.