New-York tribune., 1874-12-23
PACIFIC MAIL and PANAMA.

RUMORs OF RUPTURE BETWEEN THE ComfhNi1'
RIpICUIEp by TIE DIRECTORS OF BOTH GONNA
MES
In testifying before the Ways and Meaus
Committee at Washington, Richard b. Irwin. tho supSi,
agent OF the Pacific Mail Steamship Company sl'u n"
he intended to destroy the characters OF the un',
of that Company, who had been pursuing 'hin. he u
ter DECLARED that another Of the results OF his return
had been rupture between the Pacific Mai eauish'p
Company and the Panama Railroad. their Interests no
being in conflict Although Mr.. Irwin did not eAp"'.
the points OF tho alleged rupture, yet It mas peen sou
by persons familiar with the operations OF oo'h 'o
panes that such o result Is not at all improoa"c'
After Russell Sage retired from the Pacihc Mail 0"
pany he sold out his stock in the Panama fai'roau ~
Trenor ", Park and the latter secured cou'to'
OF the road. It 10 reported that " 10
the intention OF the controlling interest ID .ho
stock to dispose OF 1t to the Union and Centfa
Railroads. II the latter will pay the requisite price, Ao
motive which would induce the latter 10 GUY tue 'oA
would be to bring to end all prospective HVah9 o
the part OF the Pacific Steamship Companies. rdo"n"
Is the key to Pac ac Mail, and with that road IN tho
possesson the Pacific Railroads. could dictate ther own
terms Ths 1t is alleged. OF the objects OF Irenor
W. Parks visit to California AS TIE TRIBUNE uoo'
not vouch for the story but gives II ms piece Vi
gossip the following statements OF those intere'eu "a"
appended .
director Of the Panama Railroad Company said tnat
there was hostile feeling between the rae ,n
Steamship Company and the directory or thr iIaa,,,
Railroad Company He surprised TO II ID Iilht a,,J
such statement had got abroad Tnc Panama lIiio'
mpany certainly desired to control ls own ou'ih.oS
but nothing had occurred, nor was hntthlnS PIopo,u
so far as he knew, that would lead or teId ~ rpo
between tho two companies. Tenor W. larks az
scnce WAS entirely due private business matters nh
Gen. Mccullough, VicePresljent or the I!naip, nli,
road Company. sai1 II there was any war or,muun r
the two companies he lad yet to leara or H. E..,5 n
thing, SO far he knew was going Oh very na Ill., ~
o,IsN and he had heart Of nothing whcn wouu "'Ao
hun even suspect that there was any dlsagreelHGh.
George Forrest. OF the directors lhe iiniiis M
Railroad Company said there WAS no irdth at an n 'no
statement that any trouble or war cA1s'ei pe'"''
the two COMPANIES. ,,u e,.r,sh;,
President Alexandra Of the Pacific Mail Steamsnp
Company laughed at ;c idea Of trouble eSisliS p
tween the two cOmpairs and si that persons GU siue
of the Paciti3 Mail Steamship Company app'aieL w
know great deal more OF the COmpauy'5 anrs 'huh
those VINO were engaged in Its uana2ement. ITO
wished some them would ke his place Tor short
time and hen perhaps the Comrany could be run ore
successfully. "a, oa. ,tou
William II. GuOn, director OF the Pachc Ma
Steamship Company. said lie had seen the statement
made by Irwn and had laughed at II, as II was 70 very
ridiculous Ih,r reason fof war bctWceu th,
companies, and every reason why they thOuiu Worh
barnOniously together. The Panama Railroad hao
contract for ten years Go 10 dssUVed Ony on tuiro
~ MUS noiic) for carrying the freight OF the fHhc
Mai AMI there had notice OF eoppiGc III inc
cuur; G.. TIC railroad waa anxious to hecure sueh
tenders" as the Pacific Mall Steamship, as they
brought IL business. The story was as stupid as iho
that two bank Presidents 40 were wolkink
III accord were Try luz to break each others bank.