The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-11-09
HARTMAN LINES
BRANCHING OUT
Remarkable Growth of System
Shown by Report Re-
Gently Issued.
WORK WONDERS IN WEST
UTAH is BENEFICIARY IN PLAN
OF DEVELOPMENT

The marvellous growth and progress Oh
Uaah and other states in the intermoun-
tain region - forcibly reflected in pam
pklet entitled THE Hartman System.
just issued by Harris Winthrop & Co.
of New York and Chicago. The pamphlet
is in substance a review Of the remark
able development Of the railroads con-
trolled BY Hartman. together with the
territory they penetrate, with particular
reference TO the Union Pacific Railroad
company and its holdings.
In the foreword OF the pamphlet the
growth OF the western region Is forcibly
illustrated In the story of the phenome-
nal upbuilding of the railway systems
mentioned In this respect the pamphlet
says;
Nothing else in the history of Ameri-
can transportation has been so spectacu-
lar as the development within the last
ten years OF the Union Pacific and South
efn Pacific railroads. Both systems were
IN financial difficulties when they came
into the hands of the present manage
ment The Union Pacific was aban-
doned hulk OF a railroad, without friend.
hopelessly bankrupt, penetrating a large
~ undeVeloped country; the Southern Pa
ctfie had never paid dividend
The change that has taken place may
be seen at glance in these facts:
Union Pacific.
For the twelve months ending June
90. lS9S-the year of the reorganizat ton
the gross receipts and income of the
Union Pacific railroad amounted TO S33.
sis, from 5,S25 miles of railway operated.
For the year ending June 30. 1907, the
gross receipts were SS7.473766.
During the same period. the surplus
after the payment of operating expenses
and taxes grew from $l3. zoe. S34 to $44. S29,-
oi1- While net earnings were increasing
at this rate, fixed charges which in 1899
were So 260 had in 1897 become only
SS.652.62f.
ss1Tha var aodipo Inn. m 1uo- ,,.oe ~,
OF astonishing prosperity. Yet returns
for the year ending June 81 l90S-a pc
Rod OF general depression-show that the
operating revenues were practically the
months OF July. August and September
1908, also disclose the remarkable fact that
Che gross earnings almost equal the
Astounding revenues of the corresponding
months OF 1907. before the results of the
panic had become manifest.
Southern Pacific.
For the twelve months ending June
90, 1SS-three years before the present
management took hold--the gross receipts
of the Southern Pacific company We're
S5l.9l5,Se3. For 1907. the figures were sl29.-
90, 40-a sum equaled only by the Penn
sylvania Railroad company.
During the same period the surplus
suffer paying operating expenses and tax
IS. grew from only $21. 357. 537 to S4s 1S3. TO-
Fixed charges meanwhile increased from
SIS, 4Sl,01S in 1898 to Sl9.OS4. 500 in 1907 In
1898. no dividend was paid. and there
vas surplus of 1926. i5s. In 1907 divi-
dends aggregatlng SiS.157 013 were paid
541.5S0
Again. with this property. while the
gross operating revenues in 1908 were ma
terially reduced. the returns for July.
August and September show that the
management had obtained such control
over operating expenses that the net reve-
nues are actually larger than for the
bumper months Of 1907
IN attributing the reasons for this devel-
opment the pamphlet refers particularly
70 the reclamation of the arid regions
saying:
'E. Fl Hartman in 1907 told the irriga-
ton congress that one reason WHY he
nad undertaken the development OF the
Pacifie railroads when they were a drug
on the market was that he foresaw the
possibilities Of irrigation in Transforming
tht semi-arid regions Of the west into the
States
Indeed. in irrigation is to be found the
secret or the present prosperity Of those
states west Of the Rocky mountains. II
is irrigation which has come to insure
crops regardless OF rain IL is irrigation
which is causing the desert 10 blossom.
The Hartman Territory.
In order to understand the record and
the promise of the Hartman system
therefore. study must be made OF the pc
culiarities OF the country it traverSes. as
we'll as the ability of the management in
developing properties which shall success
fully fulfill their duty 10 the public and
at the same time become attractive TO in
vestors
Before examining. however. in detail
certain interesting features of these rail-
roads. n glance at the future Transporter
iron requirements of the west will be Sug-
gestive.
Take the Pacific group OF states
Washington. Oregon. California Nevada
Arizona. Idaho and Ctah-as compared to
the south Atlantic states. including Vir-
ginia, West Virginia. North Carolina
South Carolina. Georgia and Florida The,
latter states, with a total area of 2sS 0O0
square miles. have 1854 miles OF railroad.
The Pacific group with an area of I7OO1
square miles have 1880 miles of rail-
road.
In other words. a territory one-third
as large as the Pacific group of states