National Republican., 1880-11-18
GREAT RAILWAY SCHEME,
A Plan for q Grand International Con-
sOlldati0n.
Union of the Pacific Isailronds and AN bx-
tension to the City of Mexico
Contemplated.
A Gigantic Enterprise Projected.


On the application Of the directors of the MIS-
souri, Kansas Texas railroad for the discharge OF
the receivers appointed several years ago by the
Unitel States circuit court and for the restoration
of the road to the stockholders Justice Miller mas
rendered his decision granting the motion Of the
petitioners aud restoring the road TO Its stock.
holders upon payment of the sum due the bond
holders; "a 49,,
only upon the Missouri. Kansas Texas road
proper but oven more important In connection
with grand scheme of railroad consoli dalton ana
extension already partly arranged by the por3ons
controlling tho line of railroad named.
The Missouri, Kansas & Texas road ex-
tends from Kansas City and st Louis
through the Indian Territory to Dennison,
Tex, at which point It has connections to Aus.
tin, SAN Antonio and Galveston, on the Gulf OF
Mexico. II is proposed, and the necessary arrange
mcnts have been partly made, to consolidate Win
the Missouri Kousas & Texas, the Missouri Pncitc
the Texas Pacific and their various branches ana
feeders, which would carry the consolidated lino
to tho Gulf of Mexico aud tho Rio Grdnde OH the
south and the Pacific ocean on the west, and TO
continue the line to the CITY OF Mexico, ms IS
Mr.. Jay Goulds scheme and lt8 successful accom-
plshment would include in the combinnuon tho
Wabash system connecting the Kansas q Texas line
Mt Kansas City and st. Louis with the lakes ana
with the northwestern states and territories by
means of the Union Pacific combination. IL is un-
dorstood that tho main object of the pending eff
forts TO consolidate tho Central Pacific with the
Union Pacific is TO bring the Central Pacific into
this grand combination, and thus practically con.
troll The railways Of the entire continent west OF
The Mississippi aud south to the very heart oi
Mexico.
eral Grant president OF the consolidated company,
first because OF his great ability TO direct such
gigantic enterprise, and, secondly, because 1t is be-
lieycd that General Grant would be able to secure
from the government of Mexico every concession
necessary to extend the road into the states of that
country. Jay Gould and the persons managing
the scheme have been working ut 1t for some time,
Mr.. Gould's recent visit TO the southwest having
reference to tho matter, and Colonel Thomas a.
Scott being now In that section TO further the Ell
terprise. The charter acts and various laws of
congress relating to the Pacific railroads have been
carefully examined and the railroad bureau of the
Interior department has been consulted, and Il has
been Nscertained that there is nothing in the laws
10 prevent the contemplated consolidation, nor
would the Interests OF the government as cred
tor of the several railroads included In tho scheme
live decision OF the court on tho motion to dis
charge the receivers of the Missouri. Kansas &
Texas road was necessary TO the progress of the
consolidation movement
At II special meeting Of the stockholders OF the
Missouri, Kansas & Texas company proposition
will be presented to the stockholders to issue $685.
100000 OF stock in addition to the existing capital
stock Of tho company, and another proposition
will be submitted for the issue of general cOnsoli-
dation mortgage bonds upon the franchises and
property of the company to secure the comtem-
plated issue of SoiOO0OO0 OF bonded debt now out
standing, and 10 enable the company to extend its
lines by construction or acquisition TO the City of
Mexico.
above outlined, say the general has been fully
consulted In reference TO the scheme and that II Is
favoraby regarded by him: The present visit o!
the recent meeting at New York at which General
Grant made an interesting speech on the immense
natural resources of Mexico tho opportunities pre-
sented by that country for the profitable invest
lncnt of capital In railroad and miniug enter.
9rsss ana m Inc Inc RTG9t m 10 Pe
road communications with tho states of Mexico
are believed to have intimate connection with thi;
contemplated enterprise.
ACTION OF THE NJ. X. & II. STOCKHOLDERS.
PARSONS, KAN, Nov 1.-THE stockholders o
the Missouri, Kansas & Texas railway had a meet
IlNf Nfpll g uIF IafV
resented. 1t was unanimously voted to increase
the stock to not less than e2j,0O00)0 for the pur
pose of extending the line otroad from Whtesboro'
iwonty-hyo miles from Dennison, Tex, to Canargc
on the Rio Grande river distance of 500 mile!
also to build ine from on Mnskogee Indian a Terri
additional lines as viii secure early and the closes
connections with New Orleans. Money has al
ready been subscrlbedto secure speedy construc
tion of all these contemplated roads, adding somt
GOO miles TO the $50 miles of road now owned anC
operated by this company, AT CamarGo the Mis-
running to the City of Mexico distance OF obOu
600 miles, and subsidized literally by the govern
Ipent of Mexico in the interest of General Paine
and other builders of the road, in all making
about SOD miles under one management a dis
patch was received saying the road had beef
turned over to Jay Gould, giving him possession
and control. 1t Is under his inspiration that thes
new lines are to be built dispatch a'soreceiyet
from Independence, Kan says that subSd,
could be had for building southwest from Parsons
The parties here are requested TO confer with Ja
A Railrond Purchased by Jay Gould.
DENVER Col. Nov. 1.-THE Times thsafternoo
announces that telegram received from NeN
York states that Jay Gould has purchased the Den
yer Il South Park railroad the purchase money
amounting to nearly s260OOOO, having been pal
over yesterday. Jay Gould has been endcavorin
toget control OF the Denver & Rio Grande roat
but has failed through the opposition of Genera
Palmer, president of the road, and 1t IS though
The purchase of the South Park road Is made wit
view to dictate the policy of the Rio Grand,
The two roads will have parallel lines TO tho Gut
nlson country and Gould hopes to bring the ri
urende to terms through the lnstrumentaity
tha South Park