Show I NEW RAilWAY PLANNED Colorado Springs Magnate Interested in Project LINE FROM MARYSVALE Has Secured Backing From New York Capitalists F E Pettingill to Build From San Francisco to Maryevalo to Connect With Rio Grande System That Maryvale Is certain to be the center of active railroad operations has long been the opinion of local railroad men who assert that the Rio Grande has no other recourse than to build to it connection with the Clark road In Meadow Valley wash This Is strengthened strength-ened when It Is considered what the Rio Grande could accomplish by Its Sa Ina cutoff and such an extension and although Salt Lake would for some reasons rea-sons not like to see that road built they cannot help but admit tho force of the argument In Its favor which would probably be put forth by the Rio Grande management in the event of Its construction con-struction And in this same connection cornea the Boston News Bureau which has a faculty fac-ulty of getting Inside Information on financial I fi-nancial matters with the statement that F E Pettingill of New York la promoting a road to extend from San Francisco to a connection with the Rio Grande at Marysvale Utah and has strong financial backing In the East Lacking more definite Information it can be added that a man of this name lives at Colorado Springs where he Is one of the foremost citizens He therefore there-fore Is in a position to be fully Informed In-formed as i to the Rio Grande Western its former president Gen Palmer being be-ing likewise a leading resident of that I place While this Is the first time the i name of Pelting has figured as a promoter I pro-moter of local railroads his wellknown activity In Colorado mining and general financial enterprises leads to the belief I that he probably headw a Colorado syndicate syn-dicate which is fully informed on the subject und that something tangible will 1 come of this latest move to push the Rio Grande to the Pacific The more roads the quicker will come the development so the public will be eager to hear more of the new project |