Show ANOTHER NEW RAILROAD will tap the great asphalt and coal fields of northeastern utah progress castle dale utah information has been given out to the effect that of english and american capital has been subscribed for the construction of an entirely independent railroad from salt lake city to san francisco and eastward from salt lake to connect with the denver northwestern pacific known as the moffat road at steamboat springs sir thomas lipton millionaire tea mer chant and sportsman is the principal english capitalist interested in the enterprise his american associates are governor william spry of utah frederick K brind a former state engineer of utah rudolph the california millionaire who gained worldwide world wide fame in his fight against graft in san francisco and other utah and california capitalists interest in the new road is said to have been aroused largely through his desire to bring another competitor into the southern pacifica rich coast territory so far as can call be learned the interests financing the new road are entirely independent of any railroad corporation in america it is understood however that the new line is to operate through denver over the moffat road work is to be begun on the road this summer and it is to be completed before the opening of the panama exposition in san francisco in 1915 it was the enormous passenger business promised the coast in 1915 that influenced the english capitalists to embark at once upon the enterprise it is understood that the interests financing the road have obtained control of the barber asphalt companas comp anys rich asphalt and gilsonite holdings in eastern utah and will begin operations as soon as the new read is opened the same interests are also said to have closed a deal for acres acre s of rich coal land in routt and moffat at counties in western colorado which will be tapped by the new line and which aro are said to contain hundreds of thousands of tons of the finest non slacking coal in the cou country it is understood that construction work is to be begun both ways out of salt lake city and perhaps westward from steamboat boat springs it is also understood that arrangements are about completed for boring the fo four ur mile tunnel that will carry the boffy at t road for funds to extend the road west westward Nard and to build the big tunnel william G evans of denver president of the moffat road has been in new york and other eastern er n cities for some weeks looking after the affairs of the road it is understood however eve that the plans of the new company are entirely independent of the extension of the moffat road and that an arrangement has been made by which the moffat road is to be purchased or to join in close traffic arrangements with the new line |