Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-05-07
c. c. v. 70 salt LIKE
Persistent Rumors That Stick
ney Will Extend Road From
Sioux City.
Senator Clark's Road From Salt
Lake TO Coast Needs East
ern Outlet.
Russell SAGE and the SWifts Are
Said to Be in the
Deal.
special to Times. Kcpublican.

SDSfItl 10 i llIleS- litDuDllCil.
Sioux City, May IA recent dis
patch sent out from Salt Lake City
to the New York Commercial has
awakened renewed interest in rail-
road circles here over the project of
the C. G.. w. to build TO Salt Lake.
The dispatch says:
The statement is made by a mar
in close touch with the manager of
the Chicago Great Western railroad
that President Stickney has not only
made up his mind to build from Sioux
City to Salt Lake City, but he has sue
ceeded in enlisting the support of the
Swifts, the great packers, and a Bos-
ton syndicate. 1t is stated hat a
route has already been agreed upon
and all that remains to be done be-
settlement of details relative to the
financing of the project"
The dispatch sets forth in a new
dress the same general account of ths
Great Western syndicate's plans which
has been given publicity before, but
which has generally been regarded as
somewhat chimerical. 1t was stated
that Mr.. John c.. COMBS involved
the alliance of the Great Western syn
dictate, the William A. Clark road from
Salt Lake to Los Angeles, and the
Credits Communication concerns here.
The Introduction of the Swift inter-
est is the new and suggestive feature
added by the Salt Lake correspondent.
AS has been said heretofore, Mr..
Coombs, who now holds In his control
the Combination bridge and Credits
Communication properties here and who
is now spending a matter OF $3.50, 600.
to connect the bridge and Union term
nails. is a personal friend of Senator
lark. Mr.. Combs, himself a million
aire, has made his fortune largely in
copper, being associated with the OPP
eratfons of the Clark syndicate, whose
financial headquarters are in Boston
He is also intimate with Russell Sage,
having even induced Sage to organize
the rival syndicate, which, by entering
the field to bid on the Union Pacific
road when the government sold it
forced the r-eorganizers to pay the full
( iiIilCAI ueul.
Senator Clark is building his Salt
Lake-Los Angeles road as fast as pos
sible. What it's eastern connection vii,
be is as yet. There have been
rumors that 1t would be the Burling-
ton, and other JUNIORS that it would be
the extended Great Northern. Clark
started to fight the Southern Pacific.
and when that property went to the
Union Pacific he found himself fighting
the consolidated property. His road
would be Of no value without an east
ern outlet. Like Sage, he has no usa
for the community of interest plan of
railroad conduct. Both believe it bad
business.
In this condition, it is not remarkable
that Sage, Clark and Stickney-the lat
ter being likewise an independent in
the railroad ~world-should be found
getting together. That the Swifts are
interested is not SO easily explained.
Yet 1t is known that the Swifts have
come into control of the Sioux City
stock yards and have great plans for
developing them; n that their inter-
ests have been back of extensive trans
fers of Floyd valley property in the last
fow months.
The Great Western is constructing
it's Omaha line, but has not COM
menced on the Sioux City line. 1t is
stated that the Sioux City line is GER
tain to be built, but that it is to be a
direct, low grade line, n the surveys
are taking much time. There is GER
tainly every reason to expect develop
ments of the first Importance in the
situation.