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Show WOULD TAP UTAH WEALTH. ' Capitalists form Plans for Expend- I Ing Billion Dollars In Developing and Utilising Resources. I Salt Lake City. A gigantic achwne, which Involves the development of the reeourcea of southern Utah, western 1 Colorado and northern Arizona on a ' largo scale, waa unfolded Monday by ' Rollo E. Clapp. Chicago civil engt- 1 ceer, who V.th aaaoctatea baa spent the past seven yeara In making a survey sur-vey of the great Colorado basin with thla end in view. ' Mr. Clapp aays It Is a billion dollar dol-lar proposition and that It will be back by capitalize of Utah and Iili- Dola and eastern and European bank- era. , The nucleus of the development will be an l.DOO-mlle railroad to be ( built connecting the Mississippi val- I ley with tidewater at San Diego, and crossing southern Utah. Uy means ( of thla projected line 4t Is proponed i to open up vast timber resources In southern Utah and northern Arizona, 1 and aiao to develop for commercial uses deposits of high class hematite ores in Washington county, of which. Mr. Clapp says, there are approximately approxi-mately 4S0.000.OO0 tons. The capital- 1 Inta back of the proposition also hare ' in mind the erection of big p.g Iron ' and steel planta at tidewater for the I UtilzaUon or these deposits, and in ad- I dition propone to erect large coke and I coaling stations for handling millions t of tous annually from Utah's vnut un- developed resources. Two large trri- " gation h'lnes are aim Included in tbe program for the development of the Colorado basin. |