Show T WHY mOl IRON DEALS FAILED Some News Jews That Will Be of Interest to Utah Uth Operators A Denver publication attempts to make It appear that the reason why the Colo Cob Colorado Colorado rado Fuel a Iron company did not exer exercise exercise exercise cise its it option upon the Taylor and other iron claims in this state the other day was because the grade of ot iron did not DOt come ome up to Its requirements Whether the Colorado Fuel A Iron company would acknowledge dge e it or not there is 18 not an iron expert ox pert worthy the name in this coun noun countr country tr try who does not know that the Iron county count county iron is about bout the best in the world But the C F ft at L I company knows It as well as ab anybody It already owns a 8 great ea t many claims down dOD there and the thre re is Ia not a shadow of doubt that it would like to own them all Last Monday Monta was the day on which should have been paid On that same ame day diy the Colorado Fuel I Iron roll corn com pany wag AS a compelled according to reliable information on the subject to repudiate a 8 little obligation calling for MII in tw w York and in consequence coD its stock tack was u hammered all 31 to pieces in the eastern markets It is reasonable to suppose therefore that for some reason it could not riot raise the money for tor either obligation I on n that day and that was the reason rea on that the iron did not come up to re reQuirements reQuirements r This is taken in connection with other I abandoned enterprises in Iron county to I mean mea says the same casio article that the theore th thor theore ore or there is not of the quality which will permit of its use ulle in steel works work The syndicate had an option on some properties there and had organ organized organIzed a company to build bund a steel steelworks steelWorks steelworks works In opposition to the Colorado Fuel Ful Iron company It was wa found that cok coking cokIng cokIng ing coal limestone and water could not be Ix obtained in the vicinity in quantities needed JM f ded and the project was abandoned and ani the money muney put up on OIl the option was forfeited 1 This his statement is ill just J t as far from the truth as all the other It is ie no secret that the th syndicates expert John T Jones pronounced the C dar it iron the best in the world and he be heo openly o declared that he be was waa simply amazed at the quantity he found nd to exist there h re It is also a well known that te the failure of the syndicate to exercise its option g was not due to any lack of coking coal oal limestone and water but to the fact that tha t the steel shel trust headed beaded off the enter enterprise prise prie e M by b handsomely taking care of come pome e of the biggest operators associated ie with i Kimberley and Buhl BuhI and a because of a further disagreement among thise th se Intimately connected with the en ent t f r By reading re a little between the lines linea of the th following paragraph which closed clo ed the Denver papers story on the proposition it will wUl be easy to see Bee that the steel trust probably cut some figure in having all ali alith the th these deals turned down John Joha W Gates and the steel teel trust treat have men mn in both states trying to find ore oreb oreb b ds s sufficient to warrant the construe construction tion of a steel works work but it has ha been found that the Colorado Fuel ft It Iron company controls the situation as far as all known ore beds are concerned It now seems Beema that the only opening left tee or the stoel trust is In tb the Uintah range rJAe which wIn wilt be he thrown open for tor settlement on 00 Oct 1 1504 Their experts have hae already ob l permission to go in there and an make mak examinations under th the prote t of Indian police but they can ce hot any of the lands I until ti the res reservation H is opened for settlement At that time the Frontier Coal ft St Steel l 1 company and the tb Colorado Co do Fuel ft k Iron Iton romps n nv will both be on the grounds to contest the th attempt of the steel trust to get a foothold Another feature of the above para pars paragraph graph is hh that relating to the permission which I the steel trust officials fI have se cc secured i cured from the government COment to investigate the iron deposits in the tha Uintah reserva reservation re erva tion under tinder Indian police pollee protection Tn Th that hat t it its representatives may be he heable beable able to p in and nd secure everything of je wh r the reservation Is thrown open a l little more than one year hence Valuable iron deposits are known to exist OH tre tte reservation at the head bead of the Provo Pr river and distant from Park City In Sn an est esterly direction only about mis Many any years ago KO Iron was hauled from these properties to a swelter smelter elter then being huing h in operated at Park City From an nfl that has baa been done and said caM it itIs ItIs Is 18 not hard bard to draw the conclusion that thet lots of folks are re bent beet on Oft having iron iz out GUt GUtIn in this country and the Iron county comity own 0 erst II win 1 lose no sleep over the tile fight being waged |