Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-05-21
System Includes Greatest Aggre-
gate Mileage and Contem-
plates Big Projects.
SALT LAKE AS ONE BASE.
Development In Progress Here Draws
Added Attention to Worl> in View
And Comment OF Journals.

An article on Gould roads printed
med up, says: The Gould roads in
cude more mileage than any other
system, and no other system needs so
much money. With the Gould sys-
TENS attention conferred upon salt
Lake concise digest Of this article
cannot help hut be of great interest
throughout the state.
Events and developments among
the Gould lines have been following
close upon each others heels recent
ly. In fact, one week, week before
last. saw many things transpire' Most
interesting was the sale Of Slo,OOo,-
600 thTee-year per cent notes TO
complete the Western Pacific Then
came the announcement that the no
Grande was TO be mortgaged Tor
sl5O,OO0. 000 the issue to be for I'M
changes in control of the Western
Maryland Any one Of these events
would be of sufficient Importance To
justify universal comment.
KEPT IN LIMELIGHT.
As the Gould roads have been more
or less active In various ways Tor
some time It is evident each had its
problems to work out. The run was
started by the Missouri Pacific, which
last December paid its semi-annual
dividend in stock instead of cash.
short while later the international
and Great Northern went into re-
ceivers hands. Western Maryland
followed in March by contributing TO
the vaudeville show the thrilling spec
tacle of railroad trying to meet its
III. TlANN Nc
the act was great for Western Mary
land fell fiat on its back in the at
tempt. Wheeling and Lake Erie
trailed along and Aug, l, SS,OoO,OOO
worth of \ per cent notes OF the
Wheeling & Lake Erie Will come due.
Further. the Wabash, Pittsburg Ter
minal company needs readjusting:
These troubles with those furnished
by Anna. Boni, and Helie de Sagan
have kent the Goulds In the lime
light. with Lime" used in Its newest
meaning.
NEED MUCH MONEY.
After all the affairs of the various
roads in the system have been
Strengthened out, the numerous notes
of the different roads paid, and other
companies put on their feet here
will be still more difficult feats 70
perform. Millions OF dollars VIII
have to be raised for the Wabash,
Wheeling. entire Missouri Pacific and
Rio Grande. The Post tells the rest
of the story in the following WORDS:
This money must be spent TO re-
place worn-out rails, ballast, bridges
stations, equipment. and terminals
before anything like normal business
can be properly handled. 1t Is
recognized fact among railroad men
that the Goulds have less frst-class
mileage in proportion to the total
mileage than any of the well-known
systems. During the past period OF
prosperity, the Gould roads have done
piecemeal financing, and pinched on
maintenance allowances. As a gen
eral rule, the saving of 81 that should
have been spent on railroad means
that 81 must be laid out when the
work is done.
II properly handled, all of these
problems can be satisfactorily solved.
The Gould roads are not likely To be
ranked in the first class, however, the
''personally conducted" policy must
be abandoned, close and strong bank
ing connections must be established.
and new blood must be Infused In
the management, both in the various
directories and out on the road, n.
III. Hartman would never have sue
ceeded as he has in building up the
Union and Southern Pacific but for
his unusual judgment in selecting
outside men and then leaving them
alone to work out results.