New-York tribune., 1907-11-23
Mr.. TRUMBULL HOPEFUL,
@DEPRESSTON MODERATE. ;.
Gross Earnings of q. & S. Increcs.
ing, Says Its President

Frank Trurlouii' president of the Colorado &
s,uthern Railway Company. returned 70 tb,s 10.
yesterday from SIX weeks trip over the entire
s-stem. Despite the disturbed financial cona,.,on.
~ Trumbull expressed himself as an o.,"s
rya said that there vas only a moderate denrosst
I, the co1pany's territory. and that notwitbstard
,,r .hs monetary stringency and the fart the. a.
grain ard cotton crops In the section of Texas his
road traNeFseo were very poor. traffic on their
Iuss kad NOT yet begun to fall off hut n, ,ho
contrary GROSS earnings showed an Increase 80
about Is per cent for the first two weeks of this
month. Mr.. TrumbulI said that one of the mos,
important things that came TO his attention on the
trp was the change in the attitude OF the peonIe
toward the railroads particularly in Texas.
Continuing. he said, Il cannot helm be,r, -
optimist- am a firm believer in the countrv and
the people, and ] firmly believe that we can nr+
full confidence in the fairness and intelligence of
the people The difficulty is 10 reach them Fverv
where ] went ! found the people not onlv will
ing bat anxious TO hear and consider the raIIrosd
side Of the regulation controversy. am unaIter-
sb!y Of the opinion that the first duty OF raiIrosd
managers is to give the people the best service
This policy is in force the Colorado e. Southern
lines II every legitimate effort possible IN tbo+
direction is made, believe that the peonla y,,II
cooperate fully. particularly after thev ee. a
better understanding of the attitude and policies NJ
the railroads In the past these points have not
been well understood by the people IN many sec
tons Of The United States. of which, perhaps the
Southwest is the most noticeable"
Reverting TO traffic conditions, Mr. Trumbull
said: Il see that a good many roads have re-
ported decreases in gross for the second week
IN November. but think 1 may safely saw that
from what 1 saw this trip the traffic in the
territory served By the Colorado & Southern lines
will suffer less from the general financial de-
preston than that Of railroads in some other sec
tons Of the United States.
Instead Of a large falling of, I am glad to re-
port that on our new Texas line there stilI all
the traffic that can handle promptly The
Frisco, the Rock Island and the Colorado G. South
ern supplying the Trinity & Brazos Valley line
with large amount of business The Wichita
Valley line is more than taking care OF itself al
though il is new road and to the northwest Of II
are some twenty counties in which there is no
railroad, but which are being settled rapidly Since
returning to New York 7 have received advtces
which indicate a continuance of the movement of
settlers into that section, which has been in
progress for some time
With regard TO conditions in the mining districts
Mr. Trumbull said:
Strange as it may sound, found the sentiment
the Cripple Creek district more cheerful than IL
has been for year. The miners who have been
thrown out Of employment in Butte and other large
copper mining centres have focked TO Cripple
Creek and are giving special attention to prospect
ing for gold. do not think that the smelling in
dustry In Colorado will be adversely affected 10
the extent that ii may be in other states The
smelters have lowered their charges in order 10
will in time stimulate the production of high
grade ores''
Mr Trumbull said that the beet crop in Colorado
this year amounted to 100000 tons for which the
farmers would receive s5.O00O0O He added that the
sugar beet industry rapidly growing factor
IN the Colorado & Southern traffic, and declared
that the road had handled the crop so rapidly this
year that the factory men had begged them to stop
piling up the beets on them.
Speaking Of the increase in gross earnings Presi-
dent Trumbull said: Although we lost practically
all of the wheat and oat crops through weather
conditions and the operations OF the green bug in
the territory served by our Fort Worth & Denver
City lines, the road continues TO show increases
b its earnings. For the second week of November
ne estimated gross returns this line were Il
per cent larger than the corresponding week of last
year, and on the Colorado & Southern lines as a
whole. the gain in earnings for the first and
second week together was l5 per cent. Work is
rapidly terminals in Galveston
We VIII have them ready for by the first OF
January and expect to have them completed by
The first of March next"