Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-08-12

/" tlo TASK OF removing this reprOach to the
acad envy, and has certainly gone further, and
achieved more definite success than any of
his predecessors.
A NEW ROUTE TO THE PACIFIC.
The 4tchison, Topeka ee Santa Fe Ra,zroad
r'"'ect'n0 an isa'tenstom Of IT, Line.
(Ei Perkins in Chicago Tribune.l
! met one Of the Boston magnates of the
Atchison, Topeka & Santa Fe railroad on
the balcony of the United States hotel, where
such naagnates as Mr.. Forbes, of the Chi.
cago, Burlington & Quincy; Vanderbilt
Mr.. Devereux, of the Atlantic & Great West
ern; and John Newell, of the Lake Shore.
generally congregate. This Boston magnate
IS happy. He was surrounded by several
Boston capitalists, who were also happy. In
his hand the magnate held letter from
Thomas Nickerson, the rich president of the
Atchison, Topeka g. Santa Fe road.
"Why am | feeling so well?'' he asked.
"Yes, repeated, "why are all you Bos-
tonians so happy?,.,
well, Eli, it is because Boston has made
good many million dollars during the last
year through the increase in value of orr
road. You know the Atchison, Topeka 6
Sante Re road ls owned in Boston. Well.
we have gone on building the Santa Fe road
at the rate OF about a mile a day for the last
year. During that time business has in
creased-yes doubled-and the value of our
original stock has increased ten fold. A
year and half ago the stock of our Atchi-
son, Topeka & Santa Fe road was worth ten
cents on the dollar, and now it is worth
eleven times as much. tits up to 112, and
none for sale at that. Why, we've got men
IN Boston who were worth 100000, who
are now worth 81 100000, just through the
advance in this stock.
"But it is not for sale in New York. The
Atchison, Topeka & Santa Fe is not in the
stock lists" suggested.
mo; 1t is all owned in Boston, by men who
don't want to sell it. We are going to build
the road clear across the Continent, and the
owners OF it have got the money to do it.
we don't want any appropriation, like Tom
scott-no rallying around the fag-no
eage-but solid road bed down through
New Mexico. Arizona, and old Mexico, to the
Pacific Ocean.
GLOW far west have you got the track
laid,'' asked.
well, you know Peublo has been our
point for some time; but now we are moving
on santa re. Yes, we are pushing down into
New Mexico. We ran out q new branch
from La Junta to rmpas, Iron Springs and
Earle. to Trinidad, where our cars are now
rundinp."
"Do you intend to 60 farther south and
west than Trinidad?'' asked.
Yes, sir. 1t has now been decideu. and
we've got the money to do it, that is, to 90
straight on down to Santa Fe, Albuuuruue.
and then on down the Rio Grande to Ell
Paso."
"And from there where?"
SWELL, they all think we are to strike
Huntington's and Stanford's Southern Cali
tornla) Pacinc at Tacson; but we amt. We
are going on, 'on our own hook, straight
down into Mexico, along the Sonora river to
duaymas, on the Gulf OF California. We
have just got permission from the Mexican
government to do it. Within two years we
will have the second Transcontinental Pacific
railroad. Our road will be entirely indie
pendent of the Union Pacific or Jay Gonld.''
but the Southern Pacific has always ex-
pected to join the Atchison, Topeka & Santa
Fe,'' suggested.
Yes, that was the old idea; but I've find
tnat we have got more money than they,
have-so we propose to make them our
feeder, instead of being their feeder. We
propose to be the main branch, and will let
them be the San Francisco connection
'sThen the Southern Pacific will not come
east, as they intended!''
No, they have changed their route. In
stead of coming east from Ell Paso over Tom
Scott's old route. they are going to turn
south, and build down the Rio Grande to
Eagle Pass, just east of San Antonio
"What then?''
Why, Albert Pierce is now building his
Galveston, Houston g. San Antonio road.
west of San Antonio, Texas. 1t is 100 miles
to Eagle Pass, on the Rio Grande.
Here the Galveston road and the
Southern Pacific will come together.
forming short straight road from San
Francisco to Galveston and New Orleans.
They will form the real Southern Pacific
from San Francisco to the Gulf Of Mexico.
while the Atchison, Topeka & Santa Fe road
will be the great Central Pacific road-the
road that will drain into Kansas CITY, ST.
Louis and Chicago =
"Do you consider the Chicago. Burlington
d Quincy your most feasible Eastern CON.
nection?'' ~.
"Certainly. The Chicago, Burlington &
Quincy is Boston road. They will now
have track down through st. Joseph to
Kansas City. The same mon, or set Of men,
own both roads. OF course, they are going
to play into each others hands, or from their
right hands into their left hands,
"Ihen the present Union Pacific will soon
cease to be monopoly"
Yes; within ten years there will be four
transcontinental railways: The Northern
Pacific, the Union Pacific, the Atchison, To
peka q Santa Fe, OF Central Pacific, from
Kansas City to the Gulf of California; and
the Southern Pacific, from San Francisco to
New Orleans; and the Chicago, Burlington
q Quincy will be the eastern end Of our line,
beginning on the Gulf Of California and
edding in Chicago
During all this time Mr.. William n. Var
derbiit leaned forward with his hands on his |
knees. When the magnate finished, Van
aerbit ran his hand over his brow and ex-
claimed ): s
s'Well, it does beat the devil how these
fellows do build railroads out West!''