Show THE MOFFAT ROAD GETS FEDERAL AID AIDT k T Purchase of Certificates Bythe By Bythe the Government Gives Line a Chance Chance Extension Extension Seems Assured It is possible that the Moffat road yet be the first to enter the Uintah basin The recent financial assistance assistance as as- asi i I from the Federal gov government government govern govern- rn- rn ment a cording a to W W. G. G Evans aa a a cures th the completion to Fait alt Lake The Denver Post of I last st Sunday nub an interesting a t part pail of oC I which we reproduce as follows The Moffat road the outlet for Cor millions of tons of coal so gravely Bravely ra cl needed In industry and the only means of communication between een the the fertile ferUle farms and boundless ranges of oC northwestern Colorado and the markets of oC the world is to have the aid of the United States In placing itself luel in a position where It Itcan Itcan itcan can serve the country to the best hest advantage advantage advantage ad ad- vantage through the offer orre of or Director Director Director tor General McAdoo to buy 1300 of oC receivers receivers' certificates ates the proceeds of which will be used in liquidating the floating debts Incurred ed by hy Incompetent management management In Inthe Inthe inthe I the last nine months and in building and track Recognition by hy the government of oC the inestimable aid which northwestern northwestern northwestern north north- western Colorado can supply to the country from the coal mines of oC that district has taken a practical form Corm whose result cannot but hut be beneficial to the state and to the railroad Forthe Forthe For Forthe the two years cars over which the receivers ers era run the bondholders of the c company who are re the the thereal real l o mers owners of ot the property will have breathing space In which to reorganize ize their forces and outline the per permanent manent financing which when peace comes will enable Moffat road to follow tollow its original intention of ex ex- ex- ex tending to Salt Lake and of piercing I the Continental divide with a tunnel instead of oC climbing over the backbone backbone back back- bone of the continent With this aid from rom the government government govern govern- ment the Moffat road should be in ina I a position to fulfill its destiny said said William G. G Evans chairman of at the special committee of ot the Civic and Commercial association wh which ch has been heen urging the government to assist the road with funds even If fr It were found to lo be he impossible to lo place It It under federal control The money to be raised by the sale of ot th these se re receivers to the railroad administration administration ad ad- ministration is urgently needed to place the road in good operating condition con con- With this help it will be able to Increase Its tonnage very Yen materially material material- ly 1 and the increase In coal rates of I 50 cents a ton Lon allowed by the gov government should place the property on 1 an excellent earning basis Last year rear the Moffat road In Jn spite o of bad weather cather hauled a million tons or of coal over o the hill This year ear it will do far better hetter At last years year's rate its Income will be larger than in 1917 and that Increase should take evidence by hy the issue of ot receivers certificates I feel that the way is now clear for th the permanent financing of ot this property including the tunnel pro pro- In the next two years the owners owners- owners owners-of Q of tier road oad will in doubtless be able ahle to work out out- some plan by hy which it c can n he be placed on a solid foundation foun earning its own way and repa repaying the men who have lavished their money in its build build- ing |