Salt Lake Telegram | 1936-03-13 | Page 13 | R F C Officials Inspect Lines of D., R. G. W.

R F C G OFFICIALS INSPECT LINES OF D. D D R. R 6 0 G. G W W. McC McCarthy Says Road Is Not ot Seeking U. U S. S Loan i w Although the federal feder l government through Its Reconstruction Finance Finance- corporation has so far lent railroads railroad In n the the- country more than W. W W. W Sullivan of Washington D D. D C. C examiner of the railroad di division division dl- dl vision n of of the R RF F F C said Friday in Salt Sal Lake C City ty that the government government government govern- govern ment feels that these loans all aU will willbe be repaid He settled the mo mooted ted question rot of whether th the government contemplates plates going into the railroad business busi ness by saying i v The me federal government does not want to take over any of the toe rail roads These in loans were necessary to help rehabilitate Borne some of f the lines Unes which in many cases case were Yere run un down Earnings Increase Railroads that have borrowed money have been able able to rehabilitate rehabilitate rehabilitate tate their systems so as to be ready to take advantage of oC improved conditions con con- now at hand With increased increased in in- in creased earnings as a 8 result of continued con- con Unu d recovery it is 18 expected that the borrowed money will be bl paid pail back Arriving in hi Salt Lake City with jt Mr SullIvan was Sullivan was Vilson Wilson McCarthy of Denver trustee of the Denver Rio Grande Western railroad former for for- mer Salt Laker and arid at one ti tithe time n western director of the theR R F C working with Mr Sullivan They there in private cars care with other railroad officials and F. F Q Brown Jr also in the tho railroad division of the R F C. C The party is making a complete inspection of the D. D R. R G. G W. W Mr McCarthy made it clear that the railroad is not seeking any loan Joan from the R F C and that the government government govern govern- ment officials were merely inspectIng inspecting inspecting inspect inspect- ing the property along with lines in In- other sections of the country Inspecting Lines Mr McCarthy said the tour began from Denver and that the visitors will inspect besides the main maln mainline line all the branch lines in Utah A A. A C. C Shields of Denver vice president president president dent of the D. D R. R G. G W. W brought word that the tho coordination tion plans proposed at Ogden th D. D R R. G. G x G. W. Southern Pacific will l in no way nOway way affect S Salt lt take Lak City 2 1 Mr Shields r raise ralso general manager of ther d who lias as' as attended meetings meetings meet meet- ings of the three lin lines s' s to io discuss ss' ss coordinating plans concerning the possibility of combining the terminal i nal facilities facUlties of the three roads at Ogden pointed out there h has been no decision reached and nothing will will willbe be done at the present presen tim time Um K No 0 Changes Planned This move of Coordinator East Eastman man does not contemplate any changes in D. D R. R G. G W. W personnel in Salt Lake City nor will it affect the shops he asserted Others In the party which will remain for one or two days include lud M. M E. E Miller and W. W S. S Hench cial representatives of of the Pennsylvania Pennsylvania Pennsylvania Penn Penn- sylvania railroad W. W WJ J. J ONeill general gen gen- eral mechanical superintendent D. D R R. G C. C W. W R. R L. L Brown assistant superintendent George Williams freight traffic m manager ager Hugh Wilson Wilson Wil Wll- so son division superintendent all aJl of the D. D R. R G. G W. W A. A E. E Perlman Penman assistant engineer of ot maintenance of way Chicago Burlington Quincy H. H C. C Cos Cosand nd division engineer engineer en en- E. E C. C Hightower ter and Q A. A Kellogg assistant traffic manager all of the D. D fc R. R G. G W W. They were joined here hereby hereby hereby by A. A J. J Cronin assistant traffic man manager ger at Salt Lake City