Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-04-29
COLORADO-UTAH
COAL FOR NAVY

The announcement in the San Fran
cisco papers that the government viii
establish big coaling station at san
Pedro harbor and that plans are under
way towards the establishment Of a
shipbuIding yard and government ar
senal at this point in measure clear
up the mystery surrounding the activ-
lty in coal properties in eastern Utah
and western Colorado that has prevail
ed for months past.
The government has already spent
several millions of dollars In improving
the harbor and Il goes without saying
that this step has not been taken sole
~ for the benefit OF those who have IN
terests in the coming seaport Of south
ern California that viii bee within easy
steam OF the Panama canal
Whatever Senator Clark and Il. ii.
Hartman may have In view the au-
thoritatlyo staten Us are forthcoming
that George D. Could and allied inter-
ests In the Denver & Rio Grande Utah
Fuel company, and other properties are
il comes 70 the supplying Of the coal
and iron supplies or the new naval sta
ton and the orient Ii Is asserted that
the recent visit OF John d. Rockefol-
Ter to California and the inspection trip
Of Mr., Gould had as their objects the
creation Of a new market and railroad
point
Word comes from Colorado Springs
a -. Nta.IN mn
events. The announcement by ''one in
the confidence Of George Could APP
pears in the Gazette aud portion OF
the interview Is subjoined. He says:
San Pedro harbor Is soon to become
a very important point on the Pacific
coast The San Francisco papers have
announced il on Washington authority,
that not only will a coalng station be
established there but the government
has extensive plans in regard 10 a
large yard and Quitting point. 10
bring coal TO San Pedro by ship VIII
cost the government several dollars
more per ton than the Gould PROPOSE
ton to lay 1t down at rates under con-
tract permitting q fair profit TO the
railroad hauling II direct from the COL
orado and Utah fields
THE Colorado coal Is OF superior
quality for steam purposes and by the
time the government Is ready to be-
gin coaling It's ships at San Pedro the
Rio Grande will be supplying the gov
eminent and possibly all Of southern
California. | am not breaking CONT
dence when | say that the coal Industry
within the next few years viii be one
Of the largest items in the Could earn
ings. Mr. Gould began investing in
Colorado Fuel and lri0n when he realiz-
ed the wonderful wealth OF that cor
poratlon IN It's millions OF acres OF coal
and iron lands. This one company owns
an area OF coal lands of a richness not
surpassed anywhere in the country. an
area larger than the entire coal region
Of the state Of Pennsylvania Not only
the Gould management bur other east
ern capital viii exploit the COLORADO
and Utah fields and It viii be no sur
prise to those who have been watch
ing how the situation has been Sha.p-
ing up prior 10 and after the fight for
the control Of the Colorado Fuel and
Iron company to see some great moves
on the western railroad chess board
The Rockefeller Gould combination viii
extend eventually from the Atlantic 10
the Pacific and Colorado will play
prominent part In their plans"