The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-09-27
KesSler & Co. Seem to Be Much
Interested.
MR.. WOLTMANN EARNEST
SAYS ENGINEERS WILL BE HERE
TODAY.
Hon. A. w. McCune's Enterprise
Seems to Have Stirred the Boys
Up-Special Master Cary Files An
Important Legal Documents
Other Railroad News.

From all indications, the action of Hon
A w. McCune and associates in begin
ming the construction of the Utah 6
Pacific from Milford to Stateline, ha.
awakened the people of Los Angeles and
the east to the fact that the road from
mere to that city. or rather road which
would connect the Utah d Pacific with
the Valley Line, thus giving us route
through to Los Angeles, would be a gooc
thing.
The press dispatches have announced
| the activity of an eastern firm in this
| matter and has stated that Mr.. Volt
| mann, the Los Angeles representative OF
kessler & Co.. bankers of New York
would be here in a short time to look over
the situation, from this end of the route
MIR. McCune when seen concerning tine
matter, declared that so far as any east
! ern help in the matter of finances was
| concerned, there was nothing in il as To
his line, but there might be something in
| connection with the people who want to
! push the road from the other end.
I The Los Angeles Herald of Thursday
has an interview with Mr.. Woltmann. 1t
appears that he is there in the interest
! of Kessler & Co., which firm is seeking
| to purchase the waterwOrks. The inter-
view might be better written piece of
work from newspaper standpoint, but
| Is herewith reproduced:
Good evening, Mr.. Woltmann, say,
| have you been working on that Salt
Lake railroad proposition all the time
you have been in Los Angeles and mere
ly making bluff at trying to get the city
WaterWorkS?"
No! MOI! No,ll Don't get any such
idea as that Kessler q Co. want the
waterworkS and if there is any way Of
getting them they will find it. too. I'll
'fesS up on the railroad scheme. though.
It's nothing new to KeSsler K Co.; they
have been considering the matter for
some time and it is now sure thing.
This was the Introductory to a CONVEX
satlon held between Herald reporter
and Mr. Woltmann, the representative of
kessler d Co, New York bankers, last
evening. The gentleman was found in the
dim recesses of his apartments at the
Van Mugs hotel and was caught in the
act of porting over an imposing array of
maps. Those maps told the tale. They
depicted the contour of the country be-
tween this city and Salt Lake City. the
mountains. the ravines. the hills and the
valleys and a light line visible only on
close inspection, was intended to repre-
sent the course of a future great stretch
of steel track to be known as the Salt
Lake & Los Angeles railway. Really it
Yes continued Mr. Woltmann,
"kessler & Co. and certain of their finan-
cial associates have now fully determined
to build the road. Quite a number of
preliminary surveys have been made and
the Dromulgators of the enterprise are
entirely satisfied with the outlook. The
salt Lake terminus will be what is now a
branch of the Union Pacific railway run
ming from Salt Lake City to a town
called Midland Utah. Just how long it
is. | do not know but we have about ass
miles CT road to build to reach this city"
OF course, to attract tourist business,
a very desirable thing at certain sea-
sons OF the year. the line will diverge
from directness at some points in order
to reach certain places of scenic beauty
and interest. The route passes through
very few towns and for some years the
sarily have to depend on through bust
ness. As to freight business, it is be-
HeVed that the San Pedro harbor i'm
proVement will attract much of the pro-
uuce OF the great central west to this
city for shipment to foreign ports Be
sides there are a number of large coal
deposits along the line now laid out and
this fact alone will make the road of
value to Los Angeles
Some of our men will leave on Satur-
day for Salt Lake and as soon as they
ian ian organize their corps, a practical sur
Vey OF the entire route will be made We
estimate that by building from both
termini, and working the year round, the |
road can be completed in a couple of |
years 1T is safe to say. at any rate that |
within three years it will be in running |
order. Then the trip can be made from |
Los Angeles TO Salt Lake in day and a |
malt, whereas ii now takes nearly three !
Il do not care to say ANYTHING about |
the details of the company organization. |
II is not always necessary to organize in !
location of all those facts will probably |
Lollowe the completion of the survey |
Asc to the terminal facilities at this end.
can at this time say nothing further |
man that they can be secured to our
perfect satisfaction. No / do not think
he Terminal railway is at all interested |
n the enterprise
The last piece Of information was given !
n answer to specific question from the
Exporter. 1t is generally believed. how
ever, that the Terminal line would come
n very handily at the proper time.
heSSler 81 Co. are said to be one of the
argest investment banking firms in the
.ast. They have branch offices in London
oaris, Vienna, Manchester, Bradford and
frankfort. In the latter city they have
'een established for go years and are
argely iterested in the linen and cotton
of Germany.
Mr.. Woltmann, the gentleman who has |
'een endeavoring to obtain control of |
what might be termed Los Angeles larg-
less. is the senior member of the firm of
Noltmann Keith & Co., of No. II Wall
treet. New York. They are consulting
j their time for some years in the SER
ice of kessler q Co., passing on projects
L great magnitude in Europe, South
America and the United States AT the
resent time they have charge of the con-
truction of an extensive water plant in
he city of Montevideo, Uruguay, the prop
rty of Kessler & Co Mr.. Woltmann will
e IN Los Angeles for some time yet.
The connecting link between Los An
eleS and Salt Lake has so often been the
ubJect of newspaper talk that the public
|
lent with q degree of credulity But if
lrcumstantial evidence is of any value
ne maps and documents seen in Mr..
Voltmanns apartments last evening are
least evidence that something has been
one toward the laying out of a route
1t Will be good thing for Mr.. Volt
lam to come here. because he is evil {
emily not well acquainted with the geog-
Apply of this section, when he calls Mil
ord. Midland.
IL the corps of engineers he mentions in ]
there | 1
ught to be here tomorrow
Whatever may be the result: if the !.
elton of kessler 81 Co. causes the COM
ty with Los Angeles, the credit of the
anne will be given 10 Mr.. McCune who {
as took the initial step in the matter. !