Show lAKE CUTOFF IS SURE President Huntington Makes Official Statement TO BE FINISHED IN A YEAR I l I A Gives an Interview t the Now York Financial Chronicle t that Efet Great News for Utah Union Pacific Paci-fic Brings in Nearly 1000 Wyoming Wyom-ing Excursionists Rio Grande Western Earnings Still Show Increase In-crease Brakemons Sad Accident at Laramie Yesterday President Collls P Huntington of the Southern Pacific officially states that the Great Salt lake cutoff will be built Mr Huntington makes his announcement an-nouncement In the Financial Chronicle Chroni-cle of New York one of the official organs of Wall street When questioned ques-tioned regarding the proposed Ogden Lucln road tho company incorporated to build the cutoff Mr Huntington said Yes the road Is going to be built and It will be completed In about a year I will avoid the circuitous route and heavy grades of the existing exist-ing line and while It will be quite an expensive road tobulr the great saving in wear and tear of rolling stock over the Promontory mountain and lessened expense of handling the business will very much more than pay the Interest on tho cost oC the change of line The new company was organized or-ganized to do this work because the line was so radically different from the old line which was built under the acts of Congress of 18G21864 but the new line will of course he In the interest In-terest of the Southern Pacific company com-pany This Is the first official statement that the cutoff will be built details of which have been fully given I is great news fpr Utah |