Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-11-21
FRUIT TREES.
AND AMERICAN
baltimore has am Eye to Business.

IN rHgdIN 10 TdllIDdu IEdlllIdltOAAo w NAASh
Southern consultations are being effected,
and intinates very strongly that recent par-
chases ard leases of Southern roads have
MOI. been made for the benefit of the Penn
sylyania Railroad, as previously believed.
Some four years ago, says that paper, the
great body ofthe Southern railroads, being
stilin a more or less diapidated condition
from the wear and tear of an exhausting
war, their stocks and mortgage bonds being
in a very depressed condition, their means
and credit being limited, and their co-opera-
tive organizations, not only incomplete, but
checked by the antagonism of special inter
ests and narrow views, movement was in
augurated by Mr.. w. I. Walters, OF this
city, which, he believed, would not only
Weld large profit to himself, but benefit
the city of Baltimore by adding greatly to its
trade. 1t seemed, indeed, evident that
compact organization of the great lines Of
Southern INSTRUMENTATION under sys-
TEN controlled by one head, kept in full
working order, thoroughly equipped, with
regular and speedy passenger and freight
trains running at the lowest paying figures,
must necessarily improve the condition Of
the whole Southern country, and lead, con-
sequently, to the development of this, its
natural and most important market.
The Gazette mentions as among those
who have Joined Mr.. Walters in this enter
prise the names of MeSsrs. Alex. Brown &
Sons, Gen. O'DonneD, and Messrs. ThOs. c.
Jenkins, Horace Abbott, ThOs. Kennsett,
George Bartlett, and B. T. Newcomer, of
Baltimore; NJ. X. Jessup & Co., ID. Willis
James and Roosevelt & Son, of New York;
Drexell & Co., p. 4. q S. Small and Whit
new & Sons, of Pennsylvania, and Daniel
James, of Liverpool. Over seven million
dollars have already been expended in &C
tual cash outlay, and up to the present time,
by. purchase Of stock, controlling maj Ority
in a number of most important lines of
railroad, comprising in all 1,425 miles, has
been secured. Besides this, control has
been obtained, under lease, Of 363 miles
additional. These combinations already
comprise complete lines from Richmond,
via Danyille and Charlotte to Atlanta;
Richmond, via Weldon and Wilmington,
to Charleston and Augusta, and from At
lanta, via Knoxville TO Bristol, from which
a connection viii, in ali probability, be
made with Dmvile by Gen. FlournOy's
road, which will be constructed. Addi-
tional roads have been built, and all are, or
are being put, in first class working order
and thoroughly equipped.
The Gazette concludes its article as fol-
lows:
1t will thus be seen that this new cOmpa-
nv now controls both the main lines south
fI0m Richmond, the North Carolina roads,
the chief roads of South Carolina, two
main roads in Georgia, and the important
lines of East Tennessee. These combined
Southern lines will have direct communica
ton north Of Richmond with Washington,
Baltimore, Philadelphia and New York,
both through the present lines and by 9th
ers to be built in friendly alliance with the
new organization.
The programme viii be complete within
two years, when facilities for freight traffic,
and passenger communication, will be af-
forded the entire South that will not only
be simply unrivalled, but cannot be pro
vided BY any competing interest, at less
than double the outlay Of this company,
as control of these roads have been
obtained an average cost OF about
fifty cents in the dollar on the origi-
nal cost in times of gold currency and cheap
labor. Baltimore viii have complete COM
munication with the whole South by lines
of railroads 200 miles nearer than New
York. Atlanta will be placed in direct com
munication with this city by route 100
miles shorter than any existing one, and
passenger trains viii traverse the entire dis
lance, $50 miles, in less than twenty-four
hours, upon the final compile ion of the
Charlotte and Atlanta link, to be finished
within eight months. 1t follows, as matter
of course, that the enterprise of this new
organization cannot stop here. From Chat
tanooga and Atlanta, il is but a railroad
step to New Orleans and Mobile.
The great benefit to be derived by the
South from a thorough organization of a
complete system Of roads, under one man
agement, fully equipped, and free from the
petty annoyances oflocal interference, must
be apparent TO every one. Such a system
must tend to develop immensely those great
home interests, agriculture and manutac-
lures, upon which the very vitality, indeed
we NAV almost say existence, of the South
now depends. TO Baltimore the adyanta-
ges of economical transportation and cheap
travel must be very great. We shall thus
be thrown into more intimate business and
personal communication with those witt
whom We are allied by common sympathy
and with whom, We have always con-
tended, our most important COM
mercial interests are inseparably united
There is no risk in predicting that, in the
Stapls article of cotton alone, the receipts in
this city for the first year after the tina
completion of communication with the lead
ing business centres of the South, will be
increased fully 100000 bales. There vii
not only be a vast increase Of receipts from
the South, but there must necessarily be
an enormous addition TO the supple:
shipped to the South. Baltimore will no
only become a large exporting mart, bu
its foreign importations must Of necessit!
grow very largely.
For prudential reasons we forbear fo
the present giving further facts in regard t
! negotiations now in progress, which vii
add greatly to the magnitude of thi
enterprise. We viii only add that the or
ganization which controls these operations
is in no way connected with The Pennsyl
yania Central.