The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1879-11-28
THE A., Il. & s. F. CHECKS JAY
GOULD.

Atuss OF the Railroad Emperor.
New York kilograms of yesterday state
that great railroad stock speculation
war is raging in Wall street, between
Jay Gould and the A, T. IL 5. F. road,
and that the latter road has secured the
ownership of the st. Louis y San Fran
cisdo railroad. which has a charter entir
Ting it to build from Santa Fee to San
Francisco, with land grant of about
40, OOO, 900 acres. The new owners have,
the telegram says, issued $4,000, O0O in
bonds based on the land grant, and will
build the line from Santa Fe to San
Francisco. The A, T. & ST. has also
obtained control of the Atlantic & Pa
cific railroad, which has the right of
way through the Indian territory from
Viniia, its present western terminus in
that territory, and also has land grant
through New Mexico and Arizona, or
any other public land it may pass
through on its way TO the Pacific ocean.
This gives The ~, I. & F. II right to con-
struct lines through To the Pacific over
various routes, with liberal land grants,
and would seem To place il in n position
to defy interference from Jay Gould, so
far us western extensions are concerned.
The following from the Chicago Daily
Tribune. throws as much light on the
matteF Us the mysterious movements of
railway magnates has probably revealed
To any outsiders:
What does Gould mean by securing
control of such vast amount of railroad
property? There are some who claim
that he is buying up the stock of these
roads merely for the purpose of specula-
lation, to force up the prices aud then
unload. Yet majority of the railroad
men think this is all bosh. Gould is I'M
mensely wealthy, and, by the late rise in
railroad stocks and securities, he has no
doubt doubled his wealth during the
last six months. He had evidently all
the wealth he wanted long ago, and his
present exploits are believed to be dictat-
ed by ambition. Could is said To be am
bilious to become the railroad emperor
and dictator of this country. He is evil
nently trying to crush out all competi-
ton againste the Union Eacitc, and to
prevent the construction IF other lines to
the Pacific coast not controlled by him
self 1t is evident that his present tao
tics are principally directed against the
Boston syndicate who control the Chi
cago. Burlington & Quincy, Burlington
IL Missouri River, III Nebraska, and
Atkinson. Topeka & Santa Fe, and who
are pushing The latter rapidly IN the Pa
cifio coast. His anImoSitY towards the
latter enterprise is said TO be immense,
and his every energy is bent towards de-
feattng the latter project and pushing the
men who are backing Ito the wall. This
is clearly shown by his latest exploits.
II il Is true that he has obtained control
of the Chicago 81 Alton and the Nilsson
ri, Kansas s 7fcSas, he has succeeded in
cutting off every eastern feeder of the
AtchIson, Topeka & Santa Fe, except the
the Chicago, Burlington & Quincy, and
the latter is deprived of an out
let at Quincy and Hannibal. His
purchase OF the Central Branch
Union Pacific road Is to punish
the Missouri River Il Nebraska
with which it completes. His getting
control of the Denver and Rio Grande
seems To be the purpose of keeping the
Atchison, Topeka 81 Sapts Fe ont of
EeadIille and other lmportant Colorado
mining points, and 80 complete the
| former line 10 the Rio Grande 10 connect
with the Southern Pacific, so rs to cut off
the Alchison, Tnpeka 4 Santa Fe. Be
sides this, he is pushing the Utah South
err southwark 10 make another Q0nnec.
ton with the Southern Pacific. With
these measures accomplished he thinks
he will have the Atchison, Topeka &
Santa Fe and the Boston syndicate wall
ed in so that they win have TO submit 70
his dictation or else sell out 10 aim His
trying 90 gel control of fhe IT. Louis
Iron Mountain & Southern seems &c
indicate that he means 10 pursue the
same course toward Col Tom Scott:
Texas Pacific scheme that he i!
agaanst the boSton iGsn.s Atrhis6n, To
peka q Santa Ee schethe. The st. Louis
Iron Mountain 81 Southern connect,
Col. SCOTS Vandaha line with the Texa!
; Pacific, and having control of that link
, Col Scott, he thinks, Viii ncver be ash
to form a thtQlgli Tine TO Pacific via til,
Texas Pacitic. If Gould controls ever,
line leading west from 81. Louis, Hanni
bal, Quincy and Omaha, he can discrimI
nate all he wants II favor of his line
east of the Mississippi, aud yet all othe
lines leading from the east TO the aboy,
points are compelled to give him thei
business. 1t must be apparent to every
one that Mr.. Gould cannot be alone il
such a gigantic scheme, and il Is evlden
that some large railroad interests il