Bisbee daily review., 1908-03-28
Fl PASO WILL
 HAVE 4 CHEAP
 RATE OA GOAL
Contract Closed for Material For New Railroad Over Which Fuel Will Be Hauled From New Mexico.

Fl Paso. March 26.-To get cheap coal to Fl Paso and to lay it down at our doors at s4.00 a ton Is the pur- pose of the Colorado, Columbus & Mex lean railroad, the officials of which road closed a contract Tuesday for SC, ,000,000 feet of lumber with the Car ter Lumber company. This is to be used in the construction of this line and it is to be delivered within nine ty days, if not sooner for the primary constructive operations at the south ern terminus of the line at Columbus, New Mexico. on the Fl Paso & South western line, seventy three and one half miles west of Fl Paso.
 The exact route of this new road has not been definitely decided yet, a locating party in charge of Engin- eer William Salmon, formerly of the International & Great Northern rail- road, at present. being at work map ping out the most commercial line through the territory to be covered. The starting point of the road will be at Columbus, where it will connect with the F. P. & S. W. and will give a direct route into Fl Paso for the immense coal deposits of the northern end of the route, from Columbus the line will run to Deming, through the Burro mountain copper camps, pass near Silver City. Across the Santa Fe at Gallup and end at Pennington, San Juan county, New Mexico, connecting there with the Denver 6 Rio Grande to Denver and the north.
 The main objective point of the c. c. & M. road are the coal fields of San Juan county, New Mexico. and the pur- pose is to make the line freight hand ling one to dump this coal into Fl Paso at s4.00 ton and to supply the entire southwestern and northwestern field with coal and coke for smelling and heating purposes. The company which is carrying on the preliminary operations leading to the construct ion of this road is incorporated under the laws of New Mexico and A. o. Bailey is at it's head as president. The company has offices in Fl Paso in the State National Bank building and there are over forty of the prominent business men of Fl Paso interested in its construction. A cooperative com pany known as the Western New Mex, leo Development company has been or ganized to assist in the promotion of the road, and this company is also composed largely of Fl Paso capital, ists. May Sell Stock in Small Lots -
 The plan of financing the new road has not yet been definitely decided by the promoters, although it is stated that large number of eastern banking firms have offered to take entire charge of the financial part of rail road building. The plan that is now being successfully worked out by Ar thur Stilwell, president of the Kansas City, Mexico and Orient railroad, is being considered, and if adopted, the entire road will be built with funds subscribed by the small investors throughout the country. The company is incorporated for $5,0OO,0OO under the laws of New Mexico and the development company is capitalized for s100,000. It is the present intention to have the entire road completed and in operation within two years
 To Grade from Columbus
 The first active construction work will be done at-Golumbus, New Mexico and as soon as the grading contracts are let, construction crews will be put to work grading out of that place. A the sections of the road are completed
 they will be equipped with rolling
 stock and traffic started over them
 thus making them at least self support
 ing, if not profitable, as the Stilwel
 lines in Texas have proved to be.
 Through Rich Country
 The road runs through some of tn,
 richest farming and coal lands in tn, fcountry and, while few towns ar,
 touched, the promoting officials expec . to build and develop towns along tn
 line through the efforts of the dc
 velopment company. Representative of the company are already in tn coal fields preparing for the product ion of fuel and as soon as the line i completed it will begin shipping cos from it's own mines into Fl Paso b iway of Columbus and B. P..& s. VI The road is not controlled by an other railroad corporation it is state
 and expects to be friendly with all ( them and develop business for then . The representatives of the Souther Pacific were in Fl Paso to hold col 3 ference with president Bailey and hi 2 associates Tuesday looking toward : the freight and passenger traffic con 2 ing from the road when it Is compile 2 ed. The passenger end of the bu : mess will receive less attention tha the freight business at first.