| Show bib future sure for maffat road developments are arc taking place rapidly to prove the correctness of the report published two weeks ago to the effect that arthur curtis james now the most dominant figure in the railroad world of 0 america has completed plans for making the moffat road an important unit I 1 in n what is destined to become th the e greatest transcontinental trans trails continental railroad the now new hookup of western railroads using the moffat tunnel and the moffat road as connecting links to form this tremendously powerful transcontinental system was forecasted wednesday by the reorganization of the directorate of the western pacific railroad the combination which railroad and financial men envision as a result of the reorganization would unite the burlington rock island D R G W moffat railroad mis souil pacific and western pacific with a backing of unlimited resources the moffat tunnel Is the key to the success of 0 the undertaking under the plan believed to be contemplated the burlington and rock island would obtain the outlets to the pacific coast which they have long desired the moffat tunnel would become their short cut and prove tremendously advantageous to them and their allies in what might develop into a great competitive railroad contest for transcontinental and west coast business the story goes back to the recent purchase by arthur curtis james a big new york financier of large blocks of western pacific stock making him the heaviest stockholder in in the road the rockefeller in crests come next at the reorganization meeting ot of the western pacific in san francisco wednesday six new directors were put on the board of the road their names are significant they are hale holden president of the burlington james E gorman german president of the rock island arthur curtis james winthrop aldrich brother in law of john D rockefeller jr thomas M schumacher chairman of the executive committee of the western pacific and lyman rhodes vice president of the equitable trust company new york schumacher who is the personal representative oi of mr air james gave out the reason for the reorganization according to the associated press as follows the changes in the board ot of directors were made with A ith the desire to promote cooperation with the eastern connections of the western pacific and denver rio grande and to strengthen the position of the western pacific and enable that company to compete more effectively in california and other territory served by the road that brief statement discloses the most ambitious and important railroad development in recent years the western pacific under control of james and the rockefellers Rocke fellers wants to compete vigorously in fit california an and d to the eastward with the union pacific and santa fe it already has a close alliance with the denver rio grande western and with the missouri pacific by hooking up with the burlington and the rock island through the moffat tunnel the western pacific and its allies would at once become a great transcontinental system the election ot of holden and gorman german to places on the new directorate shows how seriously the western pacific intends to go after business which those two roads can feed it through the tunnel construction of the dotsero dottero cutoff to give the D R G W access to the moffat road and the tunnel would be an immediate result but the combination will not be satisfied with the excessive grades en countree coun tred by the rio grande on soldier summit and will insist upon completion of the moffat road between craig and salt lake city as this will provide a shorter route and one over which transcontinental traffic can be handled with no grades exceeding 2 per cent not only would the new combination create a great new cross country system but it would the rocky mountain west new advantages in transportation both east and west to the vast wealth of natural resources in routt county the new combination Is ot of tremendous importance as it will provide direct connection for the great coal agricultural ri and livestock interests of northwestern colorado to the markets both eastward and westward the plan as outlined would fulfill the destiny of the moffat road perfectly and result in tremendous development in the inland empire which the moffat tunnel was designated to promote |
