| Show Nf PREST PALMERS EXPLANATION TION I oil irs ter Issues a Statement St Interest nm ipe r to Railroad Men hlo 1 L pr 2 CONSOLIDATE WITH I 1 D II u 0 G 11 JE JEy JEC C ot If 4 Ilio Ihu h III In Utah nf nr nrIl y I Ilic lie Il During ilia 1110 IO I lu t cell I 1 Previous to hi his hIli departure d III hi PItner Ph of ot th the Rio lo a Western caud hi tile secretary to toM M oft ot tIm lire copies optea nf lit t tin the following M Ci e ment rot for the prow pre S of ot Halt at Lake or r Salt Satt Uke Lak City Utah Maxell MaIch 12 it Is well known the this Denver Hlo 1110 Grande o Itlo mo Western were ere t originally In 1881 11 one ulle In III rule j broken brokell several year yeara later by iy II the tho actiOn of ot the then lilt management of ot tho the Denver A Itlo 1110 Grande Orande company lie Itu cent nt n have had hol for tor their Hole Holo object lh bringing of th c two lInel again agin These Thello negotiations hue have been lieen solely between the Rio Western anti and the T nver Rio Itlo The Vh Union or the th no lU lUl o called l harriman syndicate have hail luul nothing to do with them and so o far as Its I 1 know no Interest In III thu tho result re ull unities they expect there may mar he 1 a t I r of rate ns fly a It conse consequence quence of ot th the creation of ot larger I I the negotiation between the Itlo Western mid the Iho til Den Denver lIn ver vr Se HI Itlo Blo Mr Sir or the Missouri la te understood to have a large In tho the shares of the tite Denver ft Rio Ulo Grande Orande Tho of the Ihu negotiations IlO be he between het tween t the Hit lilt Western find In is not to he be bet t determined for foi two 01 or three month Should they ln hI 1 successfully I 1 see nee nothing In III the logic ionic of oC the situa situation all un tion to change Chilli the Hiatus at al Salt Lake Lak the tho In ln Inter U or r I Osden or to it Injuriously ter 11 of or anybody In Utah The Den Deu Denver ver er Ulo lilo Is le s already really III enjoying nearly 80 SO p per IIer r cent ent of the freight and M 0 p ir r rent of tile passenger 1 ger Ier business going from 1111 1 to the tile Ulo lUo Western no fI It II In is alao evident that the tt present relation at Grand Orand Junction J could riot not be very affected w wei rv tile thu lUo Grande Western and Denver Ulo Itlo Grande to III become one olle line them I h he a It greater renter stability p of rate t r think It will certainly not bo be boon bei i I on any ony higher hash basis titan than lIt at present r and Is likely to III be he at a 1 lower Otto ono i end and I cnn BOP soe some mime direct consideration of the of In Interests S as nil a II cons merger that would tend to benefit Suit Lake L ko and Utah t m AsoN m T President Palmer also left lef word worl with It the in III whose whoM hands ho placed tl I his ide hil statement the communication t wan waA In II tho tite nature urt of an al explanatory statement which would have the effect I o of setting at CL lt rest reet all al the wild wid rumors l which havo been prevalent In lii railroad circles during tIle past two Io ts O weeks in incident Incident to 10 tho the presence In thin thie State of oC 1 the hn of ot railroad o who whoa a have hae been heen examining the physical con ron condition of ot the Western After Uter fer liln fi Halt Hll I President Pr Palmer r anti and 11 Vice iQ President Dodge accompanied nr by Gen 01 Genc c cral Superintendent Welby Inspected the thu Ihl lira mil to t the terminus at nt atI I Marysvale They n turned In the spec special I ial hll to Thistle In l night wh Tc they th re remained reI I until nt title this morning when the tho first two Iu named officials proceeded on Oil Oi 1 their way to Denver j CONSOLIDATION As Al far a I putting at tit rest rumors Is IsI I concerned l the statement given glen by Pres President rel ident Fainter tl ha had hol the effect affect of oC raising racing Ilen n a brand new fleW crop crp of oC n a 1 nature calculated to disturb dl the tl ni 1 rOUS I of oC 0 the RIO Hl Grande who occupy 1111 at the g offices I here There can ran be Itt 11 only one of the communication In some come eyes eyel and tl that consolidation It If I tho tue two to roads are to 10 bo 10 hl consolidated with the Denver Hlo Ho Tit Grande taking I the wih Initiative It In ic the unanimous opinion opinIon opinion ion of tf the the that there will wi not be two tWI tw of maintained one Olle In Denver and the tho other In Salt gaIt SaltI TAke I iko there will wi not be two tO son gun superintendents two 10 general agents gen general In eral rl tot freight ants a and nIl so 10 o on down lon the theline theline line I Il neither wilt will wi there br be Ir two auditors omee This Thil Is II what whal la ts II worrying Home 1010 of tho the I With Wih the IhA consolida consolidation lIon tion of f the two t 10 roads rOlls It will wl not flot bo be necessary to k ken ep at this tills end of ot tho the tholine theline line ln a n general agency of oC tho the Denver RIo Hlo Ho Granite Grande either cither NO O CHANGES OES I rn seen een s en this thie morning Traffic Man Manager Manager ager oger H 8 II IL I stated 1 that until Int today tOllay the tho statement Issued 1 lue by I Prest President lent dent Calmer was WOI alt all ul nUll to him In Iii II answer aniser to 10 a n he lie le also Ilso mild lull that he did dil not Ilot look louk for or any nn Immediate chang If I tIny any Iny at nt all al This was tho the thol general l opinion ho tho to RIo Hlo Ho Grande Western anti and the 1110 Idea Idon prevails there Will tl IiI not tt be any apparent It change hlll In the operation of Ih two roads for several months to come comeI I lit I In Is II certain however the tho th Kin Illo Hn Wistern WIller win will wi not entirely fall Into the th hands hantl of ot the yn The pr sont move Is II tho the out Olt OUtcome como come 1010 of o what hii ha hn be n brewing for the thi theat past at t six lx It was announced that the rOI was on 01 the tapis It 1 Is IA will 11 that It I was waA to that date dale that George Ot Gould began to 10 acquire heavy hll Interests Inte In the U D 1 Hi Th HiG nG G 1 At the tho Ih MIlls Gould comes third In the Harriman so I O that It goes coen without that tile the community of Interest will wl be hI main maintained tallied and that the rate rato war Wil will wi become hf t a n g thine thi of 0 history h lor as n far faras faras as ni the and Union Pa Ia Pacific rifle roads are concerned T K R GIBBON UNDISMAYED Just JUKI how this latest railroad move will wi affect the f Sn Sen Pedro ledro I l Ios on Angeles 8 isIt lt Lake road Ill IN is n R matter of ot speculation a p U It I goes without say sn in that the latest toad road to the Ihl coast must RII an II outlet for Its Il transcontinental As A sl l before fore Mr rr GIbbon In Ii II un dl 1 by the Ih stories 1 that are I ram rain rampant pant the upon tipon the tho math loud h ii hf proposes to In buildIng In When seen n this morning he hest hI st stated t l that there ws vm U no cause to worry and end the article of the lb new nw n w road roel 10 would I h 1 M filed iho earls of oC null nut k HP HI did 1141 11 not nol think that the th report til t I Pon mi ul af n nt d t fiet t 1 Ih o nf of his h hL road rd |
