Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-03-02
ABOUT UTAH RAILROAD AFFAIRS.
Divers and Diverse Views as TO the Building of the San Pedro
Los Angeles Salt Lake Line-RaiIway Men
Representatives, Dispose
Special CORRESPONDENCE

Special Correspondence.
New York, Feb. "a, l9Ol--The day
that passes in New York Just now with
, out some mention Of Utah railroad af-
fairs by the newspapers, Is an unusual
one indeed. Nearly every morning for
the past week the railroad columns Of
the various papers have teemed with
gossip, speculation, and forecasts of the
developments Of the year 1901 in rail-
road circles. and II is pleasant TO note
that all Of them accept the new road
from Salt Lake 10 Los Angeles as an
assured Tact. The New York Herald,
usually one Of the best informed papers
on big railroad moves, persists in con-
Meeting the Salt Lake-Los Angeles pro-
ject with the Burlington, or with the
says, as well as the Atchison. Topeka
and Santa Fe, want southwestern
connection with the coast to offset the
recent Union Pacific Southern Pacific
combination.
The best informed railroad men here
agree that there win undoubtedly be a
line run from Salt Lake to Los Angeles.
but they are by no means agreed as to
who viii build II. The Clark. II. G.
herens people insist that their original
program VIII be carried ont and that
the Southern Pacific. Los Angeles and
SAT- Lake VIII be pushed to completion.
On the other hand, the Union Pacific.
snort Line people say that plan will
never materialize, and that the first
tram that crosses the wastes between
The city Of the Saints" and the "city Of
the Angels, VIII bear the Union Pacific
legend on its engine and coaches. This
is the view taken by Hon. A. w. Nc
Cune, president OF the Utah and Pa
enc he still pooh pnohs the IDEA W
Senator Clark putting up the money
necessary 10 carry the eut,iuD. -
through but adds that he gives bis own
individual opinion. merely he has no
inside knowledge. Others think he il
particularly well posted. and that the
Utah and Pacific Is in a position 10
Know what is going on in either one OF
the opposing camps.
There will be plenty Of talk. but yon
may be sure no dirt will begin 10 fy
around either Salt Lake or Los An
gcles. said well Informed man yes
terday. until the approaching meeting
OF the bankers and the western railroad
presidents. The railroad men propose.
but the bankers dispose: they hold the
Keys 10 the cash boxes Of the nation
and no considerable railroad project
can be put through unless they approve
IT,"
This view Is borne out by the article
In today's Sunday New York Herald.
which Is as follows:
Word was received In the city yester-
DAY or the pOstponement for one month
OF the quarterly conference OF Western
railroad presidents, which was to have
convened here on March 9Th. The rea-
son assigned for the postponement by
railroad men was the inability Of yari-
Gus members Of the association 10 at
tend the meeting on March 9th.
FOR the postponement. however.
wall street ascribes other reasons. the
chief, OF which is that many Of the
members Of the Bankers Advisory
committee who were TO confer with the
railroad presidents al this meeting are
out OF town and could not be recalled
nom the south TO meet the railroad
men The absence from the city OF
ooth influential railroad presidents and
bankers OF the committee probably ar