Idaho Springs siftings., 1904-03-05
[ AXE WOOD LINE
MAY BE EXTENDED TO THIS CITY BY
TIE NEW MANAGEMENT.
MUST PENETRATE NEW TERRITORY
WOULD MAKE MOST ATTRACTIVE TRIP
IN kTER-MoUHTklH COUNTRY.

4 Aifll 21sf DN Gftzct OF INC ie4EfAA cSdft-
may mean much for the future Of Idaho
Springs, no matter whom may be the
purchaser. That road was originally
conceived and commenced to connect
Idaho Springs and Denver by rapid trans
it. Golden wss but the FIRST principal
town upon the line. then would come
Lookout mountain and this place. II
was to be one of the most scenic routes
in the state, coursiue through stretch
of country for 10 miles in length COM
bining all the diversified scenery for
which Colorado is famed. III two and one
half hours ride from Denver taking the
traveller through the beautiful gardens
and ranches along lower Clear creek.
then up the canons and mountain sides
from Golden almost to the crest of some
OF the tallest mountains, the magnificent
veiw attained OF mountain chains and
plains being unequalled anywhere in the
state limited only by the earth 5 contour.
The traveller in two hours and a half. or
possibly less. would be conveyed from
Denver and the agricultural ne ds around
H.,
the Idaho Springs district. L, will be
seen that the projectors of the Lakewood
had mapped out railway line that would
be a world -beater and before which even
the famed cog-railwsy of Pixies peak
would be nsignifcent as a coupon reaper.
= Electricity WAS to be the motive power
! and the equipment of the finest. But
\early in the building period the bulk of
the expected funds. for some reason, did
not materialize The road was bnilt as
far as Golden and steam was used. Not
withstanding these disadvantages and
the limited field for business. the line
has been contino. sly operated for the past
eight years by Receiver w. W. Borst.
who has kept everything in good shape
and is said to be iine railroad man.
Many tumors are afoat as to the pos
sible purchasers OF this splendid PROPOSE
tion. There are two factions among the
bondholders. each desirous to rake in the
plum, ard then there is Sam Newhouse,
whose phenomenal rise in the mining and
financial world is the talk of two contin-
>.
representative. will be upon the ground
upou the day of sale. and no one will be
surprised if he proves TO be the lucky
man with the longest purse. He is just
returning FROM one of his mysterious
trips to Europe end from which he gen
erallv has enough saved to do all that h-
wishes in building railroads or smelters.
to purchasing and opening up big mines
He has gotten his Utah copper mine
and smeitcr in position now to again
turn his attention to Colorado, and the
happy fact that in the Lakewood road he
has valuable adjunct to his big tunnel
property at this place, naturally turns
PEOPLES attention to him in the Lake
wood deal.
Mr.. Newhouse is a man of large affairs
His vision takes in a large scope of in
vesting country and nothing apparently
escapes his eye. He has the rare faculty
of not only knowing . good thing when
he sees it. but of communicating his ideas
and enthusiasm to people who are itch
ing for gilt-edge investments. That he
has struck such an investment in the
Lakewood is apparent. From a scenic
and carriage point alone it would prove
very profitable and would at once begin
to share in the enormous business that
c. and S. line is now enjoying and that
for years has made it. under its different
owners, one of the best paying roads in
the country. The completion of the
Lakewood to this place would naturally
stimulate the attention of the tourist
world in this direction and double the
volume of business now transacted, lead
ing to the further upbuilding of this sec
ton through the increase in the number
of investors coming into contact with our
mining people.
From the fact that there are at least
three parties desirous Of obtaining the
ownership of the lakewood signifies that
ia any event the line will be extended
into the mountains. It would be absurd
to think that the purchasers will be satis-
fed with road "A miles in length and
with NO larger field for business. Besides
Golden will soon have completed another
electric, line, thus further limiting the
business. The Lakewood must have an
outlet, feld, and there i none more in
lviting than that Of the original projectors. |
Should Mr. Newhouse obtain control. |
there would probably Be more benefit
derived ~ Idaho Spring., in particular,