Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-02-10

and about Denver and IN and about
Salt Lake city as well as the pioneers
and citizens Of northwestern Colorado
and northeastern Utah win. In the mn.
mediate future, be materially benefited
by the construction and operation o.
this railway, therefore. be It
Resolved by the Denver chamber
Of commerce and Commercial club thar
the Denver Northwestern a Pacific
Railway company enterprise originated
by David IL. M0Nat and his associates
IN Denver, Is one Of important advan.
tage for the development OF large por.
tons Of the states Of Colorado and
Utah, and viii be Of special advantage
In uphuilding the city Of Denver. and
IN firmly establishing the city of Den
W as the great commercial mnnufac.
turing and financial METROPOLIS Of the
entire Rocky mountain region, and
Resolved, By the Denver Chamber
OF Commerce and Commercial club than
David II Moffat and his associates IN
the enterprise Of building the Denver
Northwestern q Pacific railway are en-
titled To the hearty commentator and
support Of all the people OF this city;
ana
Resolved That the Denver Chamber
of Commerce and Commercial club
pledge TO Mr. Moffat their earnest sup
port for his great enterprise"
The Denver Post 20 hand has the
following to say regarding the latest
deal:
Although the railroad IS said
90 have been transferred for cash
consideration Il Is stated thar the
eastern capitalists would not be ayerse
to taking bonds Of the Frontier steel
ana Coal company In part payment.
The articles Of incorporation filed by
this concern Wednesday only call for
capitalization Of $1,000. 900 but a
gentleman who Is very close 20 Moffat
has declared 1T win be at least S2o,.
100000 or $4,000 900 proposition"
The right OF way Of the Colorado &
Eastern road extends from a point
about 80 miles west OF Lim1n, Col, right
through the vast track OF land where
on the new steel plant Is 10 be located
and then comes right on into the Union
depot The Union Pacific and the
Rock Island roads have long been
lighting TO secure this little line for a
right of way into Denver, but figured
that by holding of they could get II M
q reduced figure Some of the 70 %
erty near the depot. and included IN
the Colorado & Eastern's right Of
way, has long been In litigation and
the big roads presumed that the Hi.
giants Would tire Of the fight finally.
1t Is now something over 10 years
since the fight started. but no one has
shown the slightest inclination to lay
down"
So when the plans for the steel
works were perfected Monat and his
associates stepped In and outwitted the
railroads by securing the sugar peo-
PIES road The shrewdness Of this
move can be further appreciated by
another statement which Is TO the cf-
feet that with the building OF the steel
works and the completion Of the Colo
rad & Eastern under It's franchise. the
Rock Island viii be permitted to COM
into Denver over the Eastern and at
a price which VIII give Mofat his new
terminal for nothing and allow his
steel works shipping facilities without
cost Furthermore the Rock Island
VIII b. direct eastern connection OF
the Moffat road TO Salt Lake city and
across the continent TO the Pacific
coast