The Lewiston teller. (Lewiston, Idaho) 1900-1905, 1903-08-11
LEWISTON -OWYHEE RAILROAD
Outlined Plans Of the Nav Company
to Begin at Once First Section Completed
By Nav 1904.

By Nay 1904
Additional details of the reorganization
OF the Northwes. railroad project, new:
OF which was given several days ago, in
the Baker City Herald in correspondence
from Huntington, where an important
conference bearing on the project was
held. After giving some interesting facts
regarding those present at the conference
the article continues:
The road will be built. 1t will be con.
strncted all the way through to to Lewis
ton, Idaho, or Clarkston, Wash. 1t will
connect with the Riparia cutoff, and
with the o. r. & N. at Wailula, and
with the main line at Umatilla Junction.
1t will give water level route from the
mountains of south Idaho to the sea. 1t
will develop an empire. 1t ID the work
lot new triumvirate Three big
agencies are at work The development
will be done jointly by the Iron Dyke
Copper Mining company, which is the
Erie bunch; the Hartman system of
railroads which will operate in the name
OF the Lewiston & Owyhee Railroad CON-
pany. and by the Ladd Metals company,
which for all intents and purposes, is the
millionaire banking firm of Ladd &
Tilton, of Portland, Ore.
For once in his life it looks like James
u. Hill of the Great Northern has been
L nj until tad ftS v1sa ~f
pansion.
As is well known there exists a COM
pact between the Hill people and the
Hartman syndicate. that neither party
is to encroach on the territory of the
other
The northern portion of this proposed
llue is on Jim Hills side Of the chalk
mark.
For this reason neither the Oregon
Short Line nor the o. r. & N. could
purchase the Northwestern railroad, and
complete and operate it openly in their
own name.
But new company can and will.
This new company is the Lewiston &
Owyhee Railroad company.
In speaking of the matter Louis
Rosenweig, attorney for the Erie capi-
talists, said:
"The new company, as / understand
it, is capitalized at 5000 900. This will
build about one, half of the projected
road. Bonds will then, of course, be is
sued to raise the rest Of the money.
IL know nothing Of the plans Of the
Lewiston & Owyhee company. merely
saw that the legal part was fixed right.
"The Washington company has pur-
chas, d the righ:-of-way and the unfinished
line. and has bonnd itself to begin the
road by September 1. and have 90 miles
completed by May I, 1904. This will
bring the road to the Iron Dyke.
"Should they not have the 90 miles
completed by May /, they would prob.
ably be granted an extension of time.
s'But when ii becomes evident, when
that contingency arises, that the L. & o
R. R. company will not make good the
Iron Dyke Mining company. or some
body else, will at once construct the line.
"For the road must be built
"The country demands it.
'sHad | three millions Of money and
not cent more, / would not hesitate an
instant to put the entire amount into this
road
nff t,a Eeis. az
holders Of the Iron Dyke Copper Mining
company. could easily furnish the money
necessary to build the road
The Lewiston & Owyhee Railroad
company purchased the righ. of way and
the completed road for $I25 600.
1t is estimated that the FIRST 90 miles
down from Huntington ran hecompleted
for 1875 600.
This will make the road from Hunt
ington the Iron Dyke mine cost a cool
million dollars
The contract or sale provides that the
road is 10 ha6l ell the freight for the
Iron Dyke Copper Mining company and
for the Ladd Metals company at certain
specified prices.
On the other hand the Iron Dyke and
the Ladd are TO give All Of their tonnage
to the road.
Under the contract the work win
actually begin the the FIRST Of September,
aud as the weather permits outdoor work |
along the Snake river all the winter iii
will be easy TO have the line completed
to the Iron Dyke blythe specified time. |
which is the first Of next May.
E.m,li.s H.,i.s ts..n.. 80