Show Another nother Big Sp Spending Program PERATING ahead of 1929 capacity Those O OPERATING were vere cheering words that readers of The Telegram S Saturday found warming They were I spoken p ken by Wilson McCarthy of Salt Lake City trustee of the Denver Rio Grande Western railroad in announcing the company's decision to spend on i improvements and rehab reha reha- b tation Of this 2 will be spent in inthis inthis this city and environs on the company's property prop prop- erty This evidence of faith backed by a big pending program came less than a week after announcement ment by the Utah Power and Light company of its intention intention ts' to begin at once the construction of a new horsepower steam generating station The two projects are heartening heartening heart heart- ening to Utah workers eager to return to privat private vat irate employment and to all others who will share ashare the benefit of the distribution of new pU purchasing power to enliven business Both undertakings derl gs set up new tax values and will contribute to wider distribution o of the tax load The Denver Rio Grande of which I 3 J. J S S. S Pyeatt is president and in full charge of of oper operations based it its decision to launch its i program program pro pro- gram on the improvement in all lines of business business busi busi- ness and industry Mr McCarthy said here Sat Sat- day A sigIl significant point is that the road will not move moye to discontinue coal burning motive power Dower ower but with a view t to benefiting the coal industry will develop steam locomotives to high higher r efficiency Its shops here are working a larger arger force than in 1929 There is decided improvement in rail ran business business bustnes' bustnes busi bust ness nes' nes he said This is a dependable barometer of general business conditions and a further c convincing sign that we are well out of the de de- de pr It is gratifying that this railroad long longa a vital 1 factor in the development of the states state's e resources o ces and markets is one of the first enterprise enterprises enter enter- prise r es to feel the benefit of returning good times |