The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-29
New Railroad to Open Up a
Vast Region of Re-
sources.
YOUNG Is DIRECTOR
AS WELL AS PRESIDENT
W. B. Sprague, Formerly of
Salt Lake, Is Assistant
Purchasing Agent.

| Early in the week, S ". Ecces. head
of all the CiuEgenhcim enterprises, will be
| in Salt Lake. He will on Monday In
spcct the Nevada Northern and from Ely
will come TO this city. The Seattle Post
Intelleencer of Thursday has a very
complete report OF tho recent big changes
in the affairs Of the syndicate in Alaska
and the Pacific northwest The article In
! part is as follows:
-. II. Young yesterday was placed at
the head of the Morgan -Guggenheim syn
| dicate of the northwest lie was
elected president Of the Northwestern
| Commercial company and president and
| general manager OF the Alaska steam
ship company. lie Will be officially
elected vico president and chief opcrat-
| Ing officer OF the Copper River d North
western railway next November In the
such position; with headquarters in Seat
| tie.
""Forowlng Is complete list Of the
! officers elected by the directors OF the
! Guggcnheim companies yesterday.
| northwestern Commercial company
j. II. Young, president 5. w: Eccles.
vice president. ID. IL Jarvis, secretary
and treasurer; w. +. Bennett. assistant
secretary: w. n. Ford, auditor, ]. X.
MacGowan. assistant purchasing agent,
! Bole Sc Spooncr, general counsel
The directors are s. w. Eccles. J. H.
Young, M, r. Guggenheim, w. Il. Ben
nett; d. II. Jarvis, stephen Birch, w. II.
Alaska Steamship company: j. H.
| Young. president and general manager;
5. W. Eccles. vice president; u. IL
Jarvis, secretary and treasurer; W. e..
! Bennett. assistant secretary. G. A. Nc
| Masters. auditor, J. *. MacGowan. pur-
chasing agent, Boyle & Spooncr, general
! counsel,
The directors are J. II Young, D. II.
Jarvis. }. N. Steele. c. j; Jones. NJ. T..
Guggenhelm. w, II. Boyle, S. w. Ec-
| cleS and Stephen Birch.
Eccles Talks Of Plans.
IS. w. Eccles, who Is the chief rail-
GueSenheim syndicate. discussed the
plans Of the syndicate in Alaska.
We, expect to complete the Copper
copper mine by November 49, said he.
| The tramway from the mine to the rail-
road terminal has been built already, and
by the time the railroad is completed
| 10 its terminal several thousand tons OF
| copper ere will be on the dump ready
for shipment.
by January we will be operating
clear through from Cordova to the Bo-
nanza mine, We expect TO be operat-
ing from Cordova 10 the mouth OF
site has been established at that place.
which is well situated for a town OF
considerable size.
| We are Informed that largo trad
ing posts VIII be established at inter
! walls along the right The gov
ernment has announced its determine
. I IOn 10 Dullu n wagon ROAD from inc
mouth OF the Chitlna river TO the Valdez
Fairbanks trail. and the mall will 20
over our road to Chitina. thence by
government trail. The heaviest grade on
our road is twenty feet TO the mile
Telegraph aud telephone lines have been
established already, We have but twen-
ty-cight mues Of construction TO do be-
fore we reach Chitina.
To Develop Coal Fields.
I'VE have the money appropriated
ana are ready TO commence the con-
struction Of a railroad from Katalla 10
the Bertng river coal fields as soon as
coal can be secured to ship.
We will build tracks TO the mines
owned by any one with coal for ship
ment and will carry coal at equal rates.
1.-The opening OF these coal mines is
OF the greatest importance for the de-
velopment OF Alaska, and especially for
the operation of railroads. We arc now
coal to operate an American railroad.
and ! cannot see the object OF conserving
this coal for postenty. as posterity has
never done much for this generation.
1T will be President Young's policy
TO retain in their present positions all
OF the present operating force who de
build up the important properties placed
I'm his charge. which should largely bene-
fit Alaska, Seattle and the entire Pa
citic coast.
"I predict great rush OF people to
ALASKA. as by another year one of the
greatest mineral regions in the known
world and which has heretofore been
inaccessible. viii be opened. so that a
man can almost reach that wonderful
country in a Pullman car. The great
mines OF Hubbard & Elliott, Mccarthy
and j. Phillips. Jr.. are only from four
teen TO seventeen miles distant from the
railroad
F." Another feature IS the opening of
many fertile valleys I'm the Interior OF
Alaska. where in = few years thousands
OF families Will establish their homes 50
w. B. Sprague. mentioned above. is
another Salt Laker He was with the
A. S. &c r. here and was later sent 10
Seattle.