The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-18
TALE OF HOPE AND
TRACTION DEAL"
Big Story of EngIiShman as to
Alleged Gigantic Undertake
ing Is VariouSIy Denied.
HE MAKES ADMISSIONS
HAD NO AUTHORITY TO USE
PROMINENT NAMES.

y man who gives the name in Utah
Of Beresford Hope endeavored Wednes-
day night to secure the publication in
the Salt Lake morning papers Of an
announcement that he was in
cooperating s25,OOO,OO0 company
to take over street railway lines
in Salt Lake City and Ogden.
TO build an electric line from Preston.
Ida, 10 Eevan, Utah, and to do various
other things. The two other morning
papers bit. Knowing something of the
record Of Mr.. Hope, The Herald de
cllned to publish the story without YER
lf1catlon, which was impossible at the
time.
Although some Of the mon whose
names were used without authorization
were inclined yesterday to be indig-
nant, the whole matter is rather hu-
morous than otherwise. Bankers and
others who have had occasion in the
past to find out about Beresford Hone
congratulated The Herald yesterday
Tor protecting its readers and offered
several facts about him. Mr.. Hone ad-
mitted last evening that at least one
| draft he drew on London was returned
unpaid, but says he so directed. He
also expressed a determine ton to carry
his plans through, unless the publica-
tons in the newspapers should thwart
him.
! Mr.. Hope appeared on the scene i'm
/ Utah several months ago. as several
Open-hearted and open-pursed Salt
Lakers are prepared to testify. Mr..
Bagley has lived in Idaho and Utah for
many years. The two joined forces in
the promotion of this scheme. and have
involved number of reputable men i'm
Utah.
Here's the Beautiful Tale.
The tale, as told by the little naper
founded recently To preach the gospel
Of Republcanism as revealed by Reed
Smoot contains the following state
ments:
simultaneous with the anuounccmcr.
OF the greatest traction deal known 90
the iUtermOmt1iu country comes tn.
news that the Mormon church will rofir..
from business. relinQuiShing all of ijl
business interests This announcement
was made AT a meeting of directors OF tn.
ntW company yesterday by Joseph f.
smith, president of the Mormon church
, ne divorce on religion from bushes.
. as explained by Mr. Smith 10 the direct
OrSs j. made on account OF the fact that
the mOTmOnS whom the church sought fp
protect years ago no longer need the pro-
lection Of the church I'm business affairs.
The church entered business to aSgf-s
converts and strangers belonging To TN.
church but as they are now on foot
ing the church withdrawS from business
tilAll'HlA- O SET an example Tor tins pol
Icy the church VIII transfer all OF IT'S
traction properties ana the SaIt:Iir road
and PAVILION viii likewise be sold. The
lntermOuntalu Consolidated Railroad
company viii build a traction line from
Juab county. I tab TO Oneida county, Ida
no. which. with branch lines. will com
prise a system of about 300 miles In ad-
diUlOn To this the railroad will have sew
er7l power Dlsuts. The CITY railway svS-
tenn Of Salt Lake and Ogden will he
transferred % the new syndicate Presi-
dent Joseph F. Smith and Governor John
G Cutler are prominent among the di-
TectOrs Of the new corporations.
Prominent Names Mentioned.
termOunt Consolidated Railroad company
have been signed by the following stock
holders,
H H. vreeIand, New York City. pres
ident Manhattan Railroad company: Ba-
ron Hetty d'Oissel, president Bank Of
Paris France: Sir Thomas Jackson
president Hong Kong & Shanghai bank
London, England, William G. RathbOue
ESQ. president Manchester Railroad
company. Manchester, England: Alexan-
der Mckenzie. president Canadian North
ern railroad, Ottawa, Canada; Henry DU-
pOnt, capitalist, Paris, FEanOe, BeresfOrd
Hope, London. England, representing
British investors; Charles T. Wilcox, NJ
D, president international Trust com
pany Of Idaho. Salt Lake City: Joseph F.
Smith. president Utah Light & Railway
company, Salt Lake City. Utah; John g.
Cutler. governor state of Utah. Salt AXE
CITY: George c Parkinson. president Ida
no State & Savings bank Preston, Ida,
John a BagIey, former attorney general
state of Idaho Montpelier. Ida; David
Fc-Ies. president First National hank,
Ogden. Utah: I. G Miller Murray. Utah,
manager MiIler-CahOOn Implement COM
pany; Colonel Willard Young, civil en-
gineer. Salt Lake City
There was much more OF. the same or
der.
Daniels on All Sides.
Smith read the story first he laughed
and remarked that it was nonsense"
p..Ei,uaA an panA .