| Show BABCOCK AND LOVE ARE SET DOWN ON BY POPE representative from wasatch county tires of their jabbering over coal prices and railroad charges charnese Ch argesE E ta allison heard the house committee ot of the ut utah ill legislature wrestled with etli the coal ruto rato bill the tho greater pirt part of last monday anil anti anil anti at tit thu the end of the consideration of tho the proposed measure ineis ure the tho of the bets voted to report the bill unfavorable crabl those voting against tho bill wore were pope Ne boker allison All lson An andersen derion and spencer I 1 ho how ao in fit favor of the bill were russell tobias and wootten absent funk the bill as la Is well known fixes the rate which railroad companies may charge tor for the transportation of coal within tho state steps Step liin ii 11 II loie and 8 11 II cock of 0 tho the salt lake city commercial clubs traffic bureau addressed the committee monday I 1 ove eye was first heard the trend of hia his argument being to the effect that tha tile denver denier and anti illo orande grande had largely increased its gross and not net earnings during the first halt half of the fiscal year of 1910 and that its charges for hauling coal weri err too high oil contract sart s was laid upon the fact by both love and babcock cock that the old illo grando grande NN western estern in the late into JOM ox entered into a contract with the southern whereby the illo grinde grande rn agreed greed to furnish coal to the southern pacific nt tit ogden for 1 75 a ton the illo grando grande western at this time owned the coal mines or a holding company owned both the rall roid and the which was as the ime same thing the coil coal company received one dollar a ton for or the coal and the railroad got seventy five cente cents a ton for hauling it it was run 0 of f mine min 0 coal and anti the contract called fur for from 1000 to tons a day babcock declared that this was the bent best contract ever entered into by the western from the of traffic business the cost of mining the coal at that time was forty two ce its JL a ton habcock baid and it cost five cents a ton to load it on the cars at the mine at this time according to rc recollection collection coal vas retailing for 4 50 a ton in ogden in connection with thid this Tr matter iatter babcock declared that with ith the improved facilities the roid in better condition to haul coal cheap ly at t the lie preset present t time than it was then lie ile also declared that the bill under consideration would be a good thing for the mines ns as well as the railroad kompany oin pany thy the discussion then branched off into rall roid road building and babcock ock told of the building and early struggles of the rio grinde grande western the tin tic branch and other branches flu 8 slid ald however that freight tariffs were acre never based upon the coat cost of a roa roal J N 1 1 I amt h st nal heald when nhen tho the committee convened tuesday pope said maid that he thought though t that tho the committee had heard sufficient testimony for hia his part he was ready to vote at once upon the subject he lie moved that the committee recommend that the bill be bo not passed the motion was seconded by wootten speaking to his motion pope eald said that from the figures presented by the commercial club traffic bureau the earnings of the denver and rio gande G ande did not appear to him to be any higher than the company waa was rightfully entitled to on the money invested he ile did dil not think that the bill nas as at all fair to that company and while he was willing to vote for any an bill where he could bu be shown that any railroad wag was holding up tho the public he did not that such was as the case came in the coal quest question Ue atlon lon ae as far as tho the denver and illo grando grande was concerned thought it would bo be only fair to heir hear what the represent representatives ai of the railroad companies lia had to say on the question russell Il said aid that the time was getting short hort and he lie was pre pird d to vote on the bill at once wootten declared some things were not quite cleir clear to him andiron And pron proon had a question or two to that ho he would like to ask ho ile felt tant it was a little early in the game to start an attack on the denver and illo grande in view of thu the fact that it was only within the last oar or two that it had commenced to pay dividends ater seve il it ears during which the stockholders got nothing on their Ini investment estment compan 11 1 1 loigi a 9 at this point attorney B it allf son produced figures to show that the decrease cise in the earnings for january 1911 and the first and second weeks of february 1911 was a ai follows compared with the same briod of a year ago january 1800 bI first week of 0 ary second week anderson said he had not discussed the bill with any railroad man but the thought thit that the bill was an unjust attack on the denver donver and rio 1 orande grande wootten believed it had not been shown that the railroad was getting a higher rate of interest on the woney invested tapa it was entitled to at tho the request of of a tho the committee attorney billson ail nit j dro dressed ased the commit committo tto on behalf ot of the denver and anti RIO granda illson stated that the company had prepared prep irod ired nn tin elaborate state went of its mide of the case but in view of 0 the net fact that the committee appeared appt ared to be getling tired lie would make hia his remarks brief lie deci irod tred that it the bill was pads ed the denat r and rio grande would be com comp died pOled to carry coal i to a it number of utah points at a 3 loss and gave figures to show the points the company would nutter buffer a ions loss lie ile euld suld that some of tho the grades of the coni company viny are as as aj 7 per cent while the grade over soldier summit over which all of tho the coal haa has to come in 1 4 per cent and that it required from front two to tareq engine engines to move a it train of coil coal over the summit to ak 1 I at this point in the argun S f 11 II love loe S II 11 babcock and AV S 8 mccarty of tho the salt lake commercial club traffic bureau commenced to ire fire questions tlona at allison they kept it up for several minutes until representative pope insisted that allison bo be allowed to proceed with his argument and then they could aak ask the qI aion on we have havo listened to you gentlemen for two tuo daya days now give the other aide a chance said he allison artil that the bill might just as well be entitled an act to reduce the revenues of the denver and illo grande he ile ed that tho the rate on loal coal from the union pacific minee mines in fit My wyoming orning to salt lake city la Is higher than that dialed charged by the denver and illo RIO grande grandc yet notwithstanding thia this fact eight thousand thou eind tone tons of wyoming coil coal were shipped into salt lake during luring january 1911 allison stated that tho the heber city and the Alary oville branches of the denver and illo RIO grande had been operated at a losa loss ever since they were built continuing he s stated that the reduction of fifteen c conta a ton in tho the freight rate of coal na as granted last december by the denver and rio grande was a voluntary vulant iry act and that it meint the reduction of at least a acar u in tit the revenue of the company ho ile dealarid de that it the rates proposed in tit tho the bill were put into 7 effect the company v lose a year on coal hauled to snit stilt lake city ogden Al murray urray midvale Bing liam garfiel Garf lell 1 magna provo and tintic gintic and thit that the total loaa loss 0 to the company would not be 1 less f than lie ile stated that tho the monthly pay roll of the denver and illo rio grando grande S was oscr practically every dollar of which waa was lu its utah lie ile th that lit the pacific had been built by the denver and illo grande that it vas was not paying and no mun man could predict when tt it would pay even eien I 1 per cent interest on the horde which must be met by the denver and rio grande ha lie referred briefly to the contract between the pleasant valley coal company and the southern pacific several years ago and said maid that similar batca between railroad compa companile com pinka nILS were a common thing at the time that rate was in effect 8 V derrah Der rali assistant general freight agent tor for the denver and illo grando grande eald said that the rate with tho the pleasant valley coal company and the then illo grande western was made so that the coal company could find a market for its product and anti not bo be coni compelled comiel felled led to close down its mine |
