Show I lF AlQ 7 I the of f Eastern E st rn FI r MONEY MOREY RAISED IN M THE WEST WESTRa Ra ESK c Aa 1 8 I r The M Moffat off at road can caD be accomplished without the subscription of a ft dollar doHar from fr m eastern elena according to re r orts received from Denver nver Colo lolo With that fact clear to the me financial and rail railroad railroad railroad road interests which center around Wall street there ha baa hae been Mea a rush to t secure stock Cock of the company com And railroads are endeavoring to make trat traffic ftc fie arrangements with the tain tam line There was waif a time when the east thought Mr Moffat could not build bund hi hid road without the cooperation co of Wall WaD Wallstreet Wallstreet street t not only from a financial point o 0 view but also aleo when hen it Jt came to mak mrk making ing traffic arrangements arraD e with other lines running into Denver and Salt alt Lake City But now that the en enterprise enterprise enterprise and Judgment of the banker and his hie associates have shown own the east that the west is capable of financing a proposition factors that once disco believed they were solely potent to the completion of the road have awakened a to the realisation that they are not in indispensable in indispensable dispensable and are making overtures to Mr Moffat to get some of the stock tock or making bids bide for traffic arrange arrangements arrangements ments menta S mentaR Bond R Will Gust cot Like Senator Clark Mr Ir Moffat has hU demonstrated to the world that a sin single gle gb le man can build b a railroad in the west and not have to rely Teb upon the th tb east for tor money or beg transcontinental systems for traffic arrangements la Ift I both instances In the men have single stogIe handed h n d raised raJ ed the money for fOl their projects and experienced the satisfaction of or seeing the corporate interests ts which shook book their heads at their projects come com to them for stock or submit plans plana for cooperation The Th cost coat of the road from Salt Lak Ik to Denver Deaver including equipment and ter terminals terminals will wUl reach about ant this sum could be secured many times over Thursday contractors on the road toad were paid The payments are not made at regular times but when whenever whenever ever a stated amount of Dt work is 1 com corn completed completed The TM average av cost coet pet mile where the construction presents pre nta the greatest difficulties ranges from m 1010 7 to This cost timid CoUld be reduced 10 per mile if construction were ere dei de delayed until the warm weather but Mtv Mr Moffat is la anxious to push the work w rk and an believes belten t the difference will wUl be more than made me good to the road in the ad advanced van l time of beginning business s Hampers tie tho Work During the past t month the t weather has been very v cold in Colorado and andt th men have been n forced f to wear Weal heavy clothing This interferes with their the work by hampering hamper their movements Then foo nh an hour or more is required every morning to get pt things thaw out and ready for business f I IThe The construction of the rod road is to being carried on Oft under uDder the latest late t said and bean moat approved methods method With the exception of the lithe he temporary switchback to Rollins RoUIsa pass sa the entire flue Due wil be equipped t for fer the us ute at of the heaviest trains train in exi ex There I a is i t tw J Jt n the t Moffat road and aDd the Clark CIrk road in that each was wu concerted and is being beine carried to through e energies of one man Both roads roa were opposed ed by eastern ea tem interests interest and in ift each case cue the opposition was overcome by bythe the declaration that it if eastern money wag waa wa withheld the tb would use his own on fortune for foe f the pur purpose purpose purpose pose This served to bring n an ft influx of ot 01 eastern capital so that tha now both Mr Moffat and Senator Clark are in a position where they y e olin in n dictate the terms terme of subscription sUb The he Oust Cost of Construction 1 A table of the cost at construction o othe ot of the Moffat road which has been be n esti ecU estimated mated by the s engineers gives the following ft D figure miles at to me miles at MO iss miles m es at eo to to I Total cost O t of construction tru Tunnel equipment nt terminals etc to 10 0 Grand total aMOO I IThe The builders builder of the Moffat road al although although although though confronted with some of or tire the most difficult engineering I problems ms ever Eer encountered in ire 1 n building have ave aveH profited H much by the experiences of other railroads ran and aDd the tunneling and an crossing rosing over the continental divide will wm bo bit accomplished at a of ex cx expense expense pense pence |