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Show WOULD TAP UTAH WEALTH. Capitalists Form Plans for Expending Expend-ing Billion Dollars in Developing and Utilizing Resources. Salt Lake City. A gigantic scheme, which involves the development of the resources of southern Utah, western Colorado and northern Arizona on a large scale, was unfolded Monday by Rollo E. Clapp, Chicago civil engineer, engi-neer, who wiiith associates has spent the past seven years in making a survey sur-vey of the great Colorado basin with this end in view. Mr. Clapp says it is a billion dollar dol-lar proposition and that it will be backed by capitalists of Utah and Illinois Illi-nois and eastern and European bankers. bank-ers. The nucleus of the development will be an l,80(Kmile railroad to be built connecting the Mississippi val ley with tidewater at San Diego, and I crossing southern Utah. By means of this projected line at is proposed to open up vast timber resources in southern Utah and northern Arizona, and also to develop for commercial uses deposits of high class hematite ores In Washington county, of which, Mr. Clapp says, there are approximately approxi-mately 4SO,000,000 tons. The capitalists capital-ists back of the proposition also have In mind the erection of big pig iron and steel plants at tidewater for the utilzation of these deposits, and In addition ad-dition propose to erect large coke and coaling stations for handling millions of tons annually from Utah's vast undeveloped un-developed resources. Two large irrigation irri-gation schemes are also included In the program for the development of the Colorado basin. |