Show President of U. U 1 P. P 0 Says Utah Industry to Grow I Western Vestern railroads are seeking every ery means to push industrialization tion of the west A A. E E. Stoddard president of Union Pacific Railroad Railroad Railroad Rail Rail- road Co Omaha Neb said here Thursday He said freight rates rales in m the area were no higher than elsewhere inthe inthe in inthe the United States and in many cases were wee lower I believe belie our line was vas a major instrumentality in locating Geneva Steel Co in Utah by the special rates we established for steel Mr Stoddard said by way of example He noted that U U. P P. had set aside a sizable budget for promotion promotion promotion promo promo- tion of tourist trade at Zion and Bryce Canyon national parks At the same time railroads arc are facing lacing an increasing cost situa situa- tion In In the last 10 years taxes have haye gone one up tIp materials and supplies supplies supplies sup sup- plies and labor costs he said At the same samo time freight ht rates have haye been increased only 50 and passenger fares some 30 Mr Stoddard declared He added that on a national basis rail revenues should be down dow from rom 10 to 15 during 1949 as business levels or off I 1 dont don't believe there is going to tobe tobe tobe be any general economic decline er he said Western Vestern states face a great development de de- de- de and expansion in the next 30 years according to Ambrose Ambrose Ambrose Am Am- brose J. J Seitz executive vice president president president dent of the road who accompanied Mr Stoddard on his inspection trip We Ve know from the general trend of inquiries from industry and the movement of business westward that this trend will continue continue con con- he added Mr Stoddard said that Salt SaIL Lake valley alley offered great attractions for major industry Government policy policy policy pol pol- pol- pol icy favors the establishment inthis inthis in inthis this area of such industry This city is especially favored because of its invulnerability to bombing he said of Salt Lake City The U. U P P. P chieftain said that a great tourist year was expected bythe bythe by bythe the road during 1949 Bryce canyon accommodations will be open May 16 16 and Zion national national na rut- park facilities on June 1 1 Sleeper service to Cedar City on the U. U P. P will ill start June 15 he added V. W T T. Burns Burnt general traffic ice vice president for U U. P P. Omaha Mr I Stoddard rd and Mr Seitz will be honored at a luncheon Friday noon I at Hotel Utah The Salt Lake Chamber of Commerce Junior Chamber of Commerce and the Exchange Exchange Exchange Ex Ex- Ex- Ex I change club will ill ill be hosts |