The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-06-18

nllely better equipment, that TO enable the
OLD roads to compete with them they have
70 be practically rebuilt This has been
done in the case OF the Union and Cen
tral Pacific systems. and under new and
capable management these roads have
Deen wonderfully improved. Light grades,
nedVy rails, huge locomotives cars of
double and triple capacity. which have
LesulIeQ IN the hautfng of more than
double loads at about the same expense.
and improved facilities for comfort in
passenger traffic. is the order of the day
III the new era of railroad construction.
This insures great advantages to new
lines in entering the field OF competition
with a comparatively small funded in
deDJednesS, with light interest and fixed
charges, as well as operating expenses,
as compared with the older lines and
particularly those which have been in
the hands of receivers and burdeDed
with all the disadvantages and evils of
reconstruction and reorganization. The
road VIII be, in this respect, as radiant
as d new pin. 1t viii be built upon bust
/ ness principles, at the least possible
minimum cost with no rake-Off privileges
70 insiders or TO outsiders. hence il will
have only to discharge the interest on
moderate cost, and pay its operating ex-
penses, which viii be an easy proposition.
From the immense business it will re-
ceive from the date of the inauguration
OF the through line. and at no distant
daIe thereafter It's common stock which
VIII be the only stock issued, should be
paying satisfactory dividends.
Rapid Progress Being Made.
Gentlemen. I am happy to inform you
that we are making rapid progress in
this great enterprise Within few
weeks the bridge across the Santa Ana
river near Riverside will be completed
We will then run our trains from San
PEDRO harbOr into Riverside, a distance
Of about eighty-three miles. This bridge,
1yO Ieet IN length and sixty feet high,
viii comprise eight full spans, and is be
ing built entirely of concrete 1t will be
model of architectural beauty and the
bird r-r11
Riverside or Cotton to Daggett We have
completed arrangements for temporary
trackage over the Santa Fe system until
our main line Is completed From Dag
gett to CaiIentes. q distances of 300 miles,
contracts viii be let within a few days
to cover the entire distance. We have
purchased 300 900 tons of rails. a part of
which are already delivered. and we are
now negotiating for the balance necessary
TO build the line. That part of the Ore
SOn Short Line south OF this city We
have purchased from The company, and
will take il over in a few days, when
the necessary formalities shall have been
completed The road from bennington
to CaIientes will be rebuilt and laid with
sevent --fiVe-DOund steel
All difficulties that confronted US have
been cleared away. NO pent-up Uuca
contra cts our powers The smiling val
legs Of Utah. the Great American desert.
the golden orchards of California, and
the broad Pacific ocean will all be ours.
Branches Provided For.
The main line must be as straight as
we can possibly make it. and wherever
the conditions warrant it we will build
branch roads to accommodate farming
communities, coal mines and quartz dis
tricts- We viii build a branch to the
magnificent iron deposits Of southern
Utah. and possibly to the nitrate dcpOs-
its of Death Valley in California. I am
positive that this enterprise will con-
tribute UNNECESSARILY to the prosperity
Of both California and Utah.
It viii open up new areas of aGricultur-
al land, and new mining districts of great
value 1t viii develop new coal fields and
iron deposits. 1t viii afford the vast pop
ulatiOn of the great regions lying to the
north of Salt Lake, including Idaho, Mon
tana, washington. Wyoming. the DakOtas
and British Columbia a quick transit to
southern California. The same may be
said Of Colorado and the entire country
lying east of US.
In California we have the brightest
promise of cooperation and the best
wishes of the people IN our great enter
prise. From the cordial demonstrations
with which I have been hOnOred here to-
night 7 gather that we have the sympathy
and goodwill of the people of Utah. We
shall strive to prove ourselves worthy of
your friendship and convince you of our
sincerity and gratitude.
Amongst my associates there are gen.
tlemen of wealth and enterprise. R Q.
kerens, who was pioneer trail blazer
on the frontier when many of YOU were
boys: T. E GibbOn, who fought to a sue
cessfuI termination the enemies of gov
eminent aid for the Improvement of San
ing all of his energies and ability TO the
advancement of the enterprise, your dis
tinguished senior senator. Thomas
Kearns. and his associate, Mr.. Keith and
others who have had the courage to
stand by me in the building of this great
highway to the Pacific. We have had
valuable assistance from my old friend
Mr.. Mccormick. Senator SmOOt Mr.. Whit
temore. Nj Heath and others For my
self. and in behalf of my associates,
tender you our warmeSt thanks for the
cordial welcome we have received here
tonight. and express the fond hope that
as time grows apace and our interests
become more closely linked together IN
working out the destiny of the mighty
west, the bonds of friendship NAV be still
more firmly cemented