Ogden Daily Standard | 1902-02-08 | Page 1 | Utah Man Section

UTAH MAN mccue OF SALT LAKE GETS A concession FROM PERUVIAN government lima ieru feb 8 tho peruvian government has granted to aifred ic cuno and james both amari caiti to study for one the plans of a concession for a railroad from department of lima or on the lay of that name to carro dc basco in the department of janin salt lake city utah peb 8 upon the outcome of an investigation into the feasibility of a railroad in the department of lima ruru concession for which the peruvian government has just granted A W mccune and james har gin it ij stated depends the expenditure of several million dollars of american capital in mining and railroad development in that south american coun try A W mccune owns a controlling interest in the salt lake street railway system and is heavily interested in utah mining properties it is stated that sir mccune james and a number of new york capitalists have secured control of rich filter properties in peru which for over two hundred years have been worked by the natives the ore being packed out on the backs of men it is tho anten tion to build a railroad from these properties to the seaboard erect sm eltera aid make other improvements costing several millions