Show dea L PLAN UTAH MUCH lands will bo thrown open and sugar sus tr factories erected when Valli oad is built governor Gov cruor simon 73 damberger amberger or of utah lias has some big plans under tinder way for to r his state which will call for fi new railroad the erection of sugar factories fac and the dovel of a large area of highly fertile land the governor has been in the east cast for some time and has sounded out wall street as to the prospects tor for financing the proposed railroad he says papers and surveys are arc now being filed in delaware for the incorporation po ration of the utah colorado railroad co and the utah colorado development co it is proposed to finance the now new railroad to bo be miles long through an issue of 0 C 6 per cent preferred stock and to each purchaser will be given 25 per cent bonus in common stock of the railroad and 25 per cent stock in the development company in this wi wa the relations of the two will be closely interwoven ter woven and similarly owned the state is not directly interested in the railroad plans tho the uintah valley is the scene of much of the proposed development the interior department at washington which withdrew a large acreage of indian lands some years ago has promised to throw open a 1 large arge area so that in our state alone there will vill be available for bona fide ers and workers between and acres easily cultivated the railroad will extend from utah to craig colorado where it will join the denver salt lake its it cost will approximate a mile maps have been tiled filed over part of the rou route to actual work will start in the spring to give the work a start business men in utah subscribed 1000 each to a fund for tho the nucleus of the big investment the uintah valley is rich in natural resources arrangements have been made for the erection of three beet sugar factories to handle the big beet sugar crop to be grown in the now section large quantities of phosphates and hydrocarbons hydro carbons abound government reports indicate the presence ot of tons of gilsonite which if is used in making varnish and mixed with rubber is made into tire prices tor for this product range from 24 to 75 a ton wo we have 40 billion tons of good coal while it is estimated tho the oil shale in the valley contains 42 billion barrels of oil based on an average recovery of 40 barrels per ton of shale |