The Idaho Springs siftings-news., 1905-06-03
ELECTRIC PROJECT
EASTERN CAPITALISTS FAvoRABlY
IMPRESSED WITH SCHEME.
ELECTRIC LINE AlICE-Y YANKEE
EXPERT HAS BEEN OVER ENTIRE LINE
AND is GREATLY PLEASED.


transit railway line betwt en- this city and
Yankee hill is the next important step in
the progress and material advancement
of the district, and such an event may be
expected at an early day.
For some time local parties have been
quietly working upon this project, and
while the utmost secrecy has been main-
tanned. we are in position to positively
state that eastern capitalists have not
only become interested but are already
on the ground. investigating the resour-
ces of the region to be opened. the feast
bility aud cost of the proposed line, etc
In addition to this, and what constitutes
a potential element of success, the will
ingness OF leading local capitalists to
take slice in the enterprise is being as
certained, and SO far the results have
been gratifying in this respect. 1t is safe
to say that everything now hinges upon
the experts estimate of the richness Of
the field to be opened and the amount of
traffic to be expected. His report. of
course. wi1l be conhned to the freight
branch of the business, based entirely
upon the present development of the
mines and the ore block ed out. The ex-
pert who has been employed has world
wide reputation for accuracy and con
servatism.
The binding together of this city of
mills and the great gold bearing fssures
of the Alice Yankee section with bands
of steel has long been deemed a safe and
paying enterprise BY our citizens. as well
as outside capitalists. 1t would serve the
double purpose of opening one of the
most promising gold fields in Northern
Colorado and greatly stimulate the mill
ing industry of Idaho Springs.
The operators in the Yankee hill sec
tion have Tor years been bampered by
their lack of milling facilities and the
other markets. The proposed road wonld
serve to practically brig the famous
idaho Springs mills and its market TO
theu doors. the money saving thus re-
sulting making the mining of the inn
mense Alice and other deposits profitable.
The new line, it is easy to foresee.
would draw the attention of capital TO
the profits to be reaped from the Yankee
hill section, with the resultant invest
ment in and open ng of mines. This is a
result that will naturally be taken into
consideration by the parties investica-
ting, as we'll as the possibilities and sure
growth of the intervening country.
Aside from the freight traffic. there is
the passenger end of the road to be con
sidered. The new electric will reach the
grandest scenery in Colorado, a region
abounding in trout lakes. romantic wales
and woods, pure water and ozone. And
| there is the wonderful glacier, the work
of centuries Of time. extending from far
up the mountain side to the lake below
This is a never-ending source of wonder
to tourists. hundreds of whom visit IL
yearly. Another and probably the chic,
attraction is James peak, towering far
above its fellows, the summit of which
can be easily reached from the Yankee
hill side.
The scenic attractions of that section
have during the past few years led to a
yearly growing number of visitors, re.
sulting last year in the formation of
local stock company and the erection of
hotel near the banks Of St. Mary's lake.
Notwithstanding the more or less hard
ships attending the trip. by stage and
otherwise, the hotel capacity last year
was taxed.
The new railway. in addition to other
advantages, will naturally bring the
people of Idaho Springs and Yanke hill
closer together, socially and in business
way. This should prove mutually adj
vantageous and is consummation de-
voutly to be wished. The problem of
how to reach and attract the trade of an
important section will be happily solved.
In view Of these things and the other
merits OF the enterprise, il behooves the
citizens Of the Yankee hill section and
Idaho Springs to get together and mate
rally assist in the promotion of the new
line.
AT . meeting Of the Board of Trustees