The Lamar register. [volume] (Lamar, Colo.) 1889-1952, 1895-06-08
RAllwAr a..moAs.
Tn. CUR WA 500 H- rAksa oas Of the
Haad. of = Re .iser


lican this morning says
The present year prcmlss.e 70 he n
important in raiirOadinc IN the NeHF
as wa 1898. when 30 many companies
weut TO the wall II WAS last week
definitely agreed in Boston that on
January i, 1856 the santa Re would
pass out OF the hands OF Its reoelyeFs
and once more get on its feets Now
comes the intelligence that the Gulf
road bids fair to beat Il IN this desira-
BILE race. Market quotations and pm
yate dispatches show that Gulf bonds
are being sold every day IN quantities
OF from S51,O1p 10 S1O00oo, and al
fair price The reorganization CON
nittee Is said to b. over the worst part
Of It's work and ali Is fair sailing. >
far has the reorganization cpnuiltp''
got on with It's work that Il = anngnnc
ed with assurslncr that General u. T.
Dodge Is to be president OF The re'T'
ganized company, and Frank Iruin
bull. the receiver Of the road, hfst Nler
president and general manager. IN
der such an arrangement there would
be almost no material change IA uhs
manning u the r0ad az IL l. to-day uii
der the pssseiyer.
Slnea he took hold ~ the property
long way towards making u valuable
The wonder nmour railroad m.n DOW
Is thar &. saEk - lIw Ehiis the Union
Pacific had Il In control The physical
condition OF the rnad Is rapidly bs'ins
brought up 10 standard requirements
and new Ties and steel rails arr bssns
laid wherever required There has
been some splendid work done on ths
compdny's bridges, notably that Al
Pueblo, which r. eutircly new, and tbs
machine shop~ arr b-.lnE not only over.
hauied. but new ones established The
Trinidad shops have bseu augmented
by much valuable machinery. and tho
company Is moss buyluE a plant 70
start as biE 81 OF shoI- al Come.
The next step viii b. - establish
shoFs In Denver. At prss-cbt tte Uuiou
Pacific COMPANY does The siuif work
here. Locomotives arr constantly be-
ing repaired and altered - as % make
them more powerful and In the face
OF all this sNpeuss, the TREASURER nePortz
q halancs, Ia bank -Four times year
the road pays SIgT .pfsj In Interest. aud
Il Is OF the strength % this showing
that the reorganization committee ).
anxious TO get the property cut Of the
hands OF the court IN order that they
may begin n,-sclyinE something Tot
their Investments
There i another side 20 ali this, how
ever. and that concerns the shipper
Freight rates are not cominS down
Complaint II made against the Gulf a.
against all other r1ads running into
Colorado, that fright charges arr OK,
cs-Ssiye. II WAS thought by shippers
generally that when the Gulf was cut
away from the I5uiun Pacific thcy
would get the bs-uuht % competition
and rates would fan In this they
were mistaken. and excepting for a n
duction only psccntiy made on the
Clear Creek branch. and some Of minor
Importance. The Gulf has steadily
maintained It's garin rates
Conserving the Santa Re r-1rganiza.
tiou. Wee President ID Il Robinson j.
credited with being most likely to h.
It's next president There were two
Rnbinspns connected with this r0Ad-n
,B. and A. A. Robinson The TWO arr
often cOufounded with each ether, and
their names have bs-en ID ,unnrgtiuIi
with the presidency - the Santa Fe.
A. A Robinson Is president u she Mex.
lean National road and has one u The
best positions Of the kind GA the cont
nent He gets salary ~ $4,000 a
year. aud by contract Is only required
10 spend seven months la Me1lcu. two
IN Boston ana goes Ia Europe the re-
mainiug three