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Show IPRIVATE CAPITAL HAY FINANCE ROAD TO BASIN AI'l'llOVAl, OK Till: KKIIKItAl, III!- m:hvh pi-x)fu: soroirr. i lj.l l.lno of Abniit n lliimlml MIIpn Would do Out I'mtn Soldier Summit llarly Artlim IxmVeil I'or . ftcr Mrons IteprvvnlnlUnM Ity Nnntor King to ilnilulMrnllon. If the rupltul m.u K.mmiltee of the federal renrrve nl Wunhlngton, I), y. will approve u plan of financing tho projeit whlrh ti.ts ln.rn nubmltted to It. a branch railroad from Koldler Summit on tho mnln line of the Deo-ver Deo-ver and Itlo ftrnnde to tap the heart pf the vant t'lntah llasln will he lullt, according to Information re-cetved re-cetved In I'tah a few do ago from the national capital. I'rlvnte nipltnl, It Is announced, tin evolved n tionJIng chemo by which the nrrrnciry fund may be mlurd to cnnntruct the propped pro-pped toad for a dlMnnce of from a hundred to u hundred and twenty five mllra Into the heart of the bnnln trom Boldler Bummlt It U deiUred that If the capital Imue committee will upprove the flin nnd thu per-mlt per-mlt thn Uruancn of bond, the road will be under construction within a comparatively abort time. HnanderM At Capital. Heveml financier who nre Interested Interest-ed In tapping one of the rlche.it agrl. cultural and mineral vectlon of Utah with a railroad, are now In Wanhlng-ton Wanhlng-ton in connection with the proponed roid nnd they conferred with Henator William II. King In relation to the financing plan Henator King ha taken the nuttier up pnronnllt with the tnpltM Imuc committee of the government, explaining the Import-ante Import-ante of thl railroad cotutrurtlon a a war meaeurn In opening up nnd making available one of thn Inrgnt and ino.l Import ml ugrlmltural area of I'tah The board haw Informed Henator K,ng that It would take Im-medlite Im-medlite a. tlou on the matter If tho.' lurking tho project would prove Ihelr flimm hi Mrength and demon.trttt the ueceiMlt) for the. road. Ktcp toward to-ward thl ind inn now living taken and the word from Wa.hlngton I that a road Into the Ulntnh lt.mlu now cem mor nearly crrtuln Ihitn II ever hn before. Effort to get u railroad Into the Uintah Itaalu have been under wy for year, but Invariably the question of finance ha Intervened to Mock thl Mep of progrr nnd keep thl vnt nnd rich section of the "late lo-lated lo-lated from the nutrkit nnd thereby compelled to keep It arllvltle and production re.trlcled to the point of home connumptlon The Uintah llatln I recognlied one of thv rIcheHt necllnn In Utah In point of poivtlbllltle. not only In an agricultural line, but lit the development develop-ment of mineral. Kxpert declare It agricultural poiwlbllltle are unlimited and with rullroid facllltle for gtltlng the product out. It would become a material aid to the government In In-created In-created load production, o essential nt thl lime to combat war and famine. fam-ine. The mineral field of the country are almost unlimited, but their development devel-opment ha bean hiild back by thn name cause thai the agricultural development de-velopment ha been delayed lack of transportation. |