OCR Text |
Show BIG LOAN SOUGHT 10 HU TIH RECEIVER DESIRES TO COMPLETI RAILWAY LINE INTO UINTA DA8IN, UTAH; ASKS LOAN t Fifty Dllllon Tons of Bituminous Coa! Will Bo Brought Forth By Completion of Proposed Road Building . WnshlnKton, Tho Denver A Sail Lnko llr'.lrond company applied Mon. day ti tho InterHtnto commerce coin, tunlnn for n government loan of $0,. WK),O0O with which to coiiHtruct n tun-mil tun-mil Mix miles long on a portion of tin roml about 170 inllci west of Denver. The receivers of the Denver & Salt Lake railroad, In nrguing for Kraut ol tho loan, doclnred tho proponed tunnel tun-nel would eliminate "grave and serious dlfflculltlos" which they now havo to fuco In operatlnit the railroad, which climbs to 11,000 feet nhovo sea level. Tho tunnel would allow them to reduce re-duce tho highest elevation on tho rail-road rail-road to 0100 feef, and would eliminate twentysevun miles of -1 por cont grade over which their locomotives now have to climb In winter with rotary snow-plows snow-plows In front every dny to mnlntnln operations. If tho money Is granted, the re. celvers addod, tho line can bo completed comple-ted to' Its projected terminus at Salt Lake City, and a conl field estlmnted to contain no.OOO.OOO.OOO tons of bltumln-ous bltumln-ous coal can be adequately served. Tho receivers estimated that the low-or low-or operating charges and tho Increased efficiency attained by n long tunnel nt the summit would result Immediately In nn lucronso of 200 por cent In the truffle. Also n very largo nrea'of OIo-rado OIo-rado now without railroad servlco, niid much of It government land, tho uppll-cation uppll-cation said, would ho mndo avu'lahlo for scttlomcnt. |