The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1872-01-24
= Raaluroad Honojpp,o, ,o,IissttsI., :

The Memphis 21dD1dln na6agnf0f ttsHa
date; thus aljhdes to- sthet rsttxr,sti1.s
this monopoly in, the. State nfyTenas.s,ees
Germ: .gi!fofoCSI gES?w
The lease Of the Memphis and Gbar,es..
Ton Railroad was not made by or on ha.
haif Of thel PeuAsylyaii{a Rxfinnf 63k
pany, iasin1Any AlprusA bul ikVD M
Tom. scott, as the executive ofi1cer Of =
company OF capitalists commonly snokens
odns;.ta OF as tAn I, Rspasyaysni uG0piany. If
men OF means and enterprise. wbose no.
gregate wealth is estimated at from ~
aOo, GOO, to $100, 900, ,00, ,Rnd whG IoSl%&
troll by virtue. of lease or punchass a
number Of the most imb mborfant iines ~
railway In the country. With Col Scott
suSsd souss' ssas & shs ~ fsaSsSsHI1lIps|Es saSSSHIlp|E
railroad Is the principal benefciarv
among the great trunk Hes, ;, 20, arr M
connections are concerned. and n nav
be that sonle 4of, It's wealth n fsni iSienSA
In the hringp Of which Col lScStT 1EF ~
central figure, but atjtha sames ,tkmo {lof.
scout . y PRESIDENT Of FIVE ori,six, Other
thoroughfares, and in ma many taoY bia nna.
ratlons acts ei.tireIy fHds5DSn dSHtSf A AMs
Pennsyivaniaf Railrbadi CoDs fit .isTTs
PRESIDENT Of that corporation is IL EdS.r
thompson, of Philadelphia. nThe, corr
pany Of capitalists. az whinf, So1cnrsasi
scottfsithe executive ofiicer consi m NJ
Engiish as well as American eeHsie MgA
and ls ths ~ : most powerful and ,4fYaetits
organization OF. its kind in existenes, : n
seeks and is rapidly obfaininn confrrnII ~ ~
the entire railroad systeiG Sf ths c6i,Sttp
ana seems destined I'M the tDhtSes df4 ii8e
% pay 9 YeFEifmportantpatt in natiousl
atlslrs, na Sc ITelt as tn the pae9ptjmem making
ana aiH gnmaklng cities and commnnities.
lthasa clean sweep fr6fh the XSahfi1 E
the' Saeif1c by the nofthern jotits,Xnd ~
the lease Of the Memphis aud Uhaslestdn
!'a haaliroad mas now Q through, ,southern
tne from New York and PhYiadelp6la 10
Memphis pia Baltim6re,R 1VsshiiIrf6A.
and iChattanoogag WITH fiIe
eEceRtlon Of Pome sI1$Hlmiiesofrailnoad
Ioa ION L!nfh6nrg TO Bristol, which from
force OF circumstances, must dls0 nasg
into the control of the assoc 9FRa
nextimove, mo doubt,ywill beoaefbsslthe
MAississippi ~ at thts point and ON to Texas
ana thence to California, by y,what. is
KNOWN as the Southern Pacific route.
out the steps In thai. direction hsHe moi
yet eentakenl beyond this ,,point,V oar
information is that Coli Scott has neither
leased nor purchased the, Memphis. and
Little Roek Railroad, as was recently
stated, by contemporary, n0r il he ifkS-
!yto do either soon. Having cosnetht,s
far, the great !''eonsolidatorh will rat
awhile, and give attention to matters I'm
the rear and other directions. Besides.
the affairs Of the Memphis and Little
Rock Railroad are such, from! legal CON.
Plcat1ons, ETC.. that 1t is notin shane Ito
be transferred satisfactorily. It's transfer
or absorption, however, is regarded as
out aquestion of time, uniess the syndi-
cate of capitalists should lcoticltde 10
seek and obtain the right of way aud
6uiid a new and, better. connection.
With their Immense means and credit
they are abundantly able to do: pretty
much as they Nease. In either event
our railroad system becomes, developed,
md Memphis interests push forward TO
..." 81, I'm 4,.,..s. q I,,,F,