, 1880-12-26
RAILWAYS IN MEXICO.

RAILWAYS IN MEXICO.
The members of the Committee on the or
ganization Of railroad system in Mexico
who were appointed at meeting held in
New York Nov. IL met Thursday pursuant
to call of the Chairman. President Grant.
The following gentlemen were present: Gen.
u. S. Grant, Seilor Maths Romero, Thomas
Nlckerson, President OF the Mexican Central
Railroad; Edward D. Adams. Of the Mex
lean Central and Sonora Railroads; G. P:
Huntington, Of the Southern Pacific Railroad
Pacific; II. G: Marquand, Of the Iron Mount:
ain; John S. Kennedy, Of the International
i Great Northern; ]. II. Work and Frank S.
Bond, OF the Texas Pacific: and ]. B. Har-
lson, Of the Missouri, Kansas d Texas; Gen.
hotter, Of the Denver & Rio Grande
and Mexican Construction Company, and Mr..
Thomas Jefferson Coolidge. President Of the
Atclison, Topeka g. Santa Fe, were also in
yited, but were unable to attend.
according to the New York World. as fol-
lows:
Mr.. Adams read the report OF majority OF
the Sub b-Committee appointed at the previous
last to the effect that the ub-Commfttee found
it impossible to harmonize the interests ln-
volved. Mr. Adams added. b. way Of explana-
hon, that the Mexican Central Railrod Company
and the Sonora Railroad Company were IN favor
of substantial union among all the interests
likely TO be affected BY the orEa1izatton Of q
parties interested In the Mexican Construction
Com pany were indieposed to agree on any
Plan ookng to e ht 9na Mr qad m a 10
minority report, and which presents the fol-
iow1u9 basis for an agreement and plan OF joint
action:
F1rst-That all the parties who already hold
charters from Mexico, together with the signers
Of the report, shall agree Jointly to construct
Mexico and BY their own interests, each party
having equal rights In all roads built under this
agreement In case Of this agreement work to
building under existing Mexican charters, in
accordance with the terms OF those charters,
until the proper notifications ct those charters
Mexican Government, With view to make
them all conform to such other grants as the
new combination may ask and obtain from
Mexico. All vested Interests and oil expendi-
lures already made to be cQuitably provided for.
Second That the present chartered interests
shall continue to construct their several respect
i've roads, and that each of the BIXners OF the
report may obtain the right to build and may
build such line or lines OF rood us IN their judy
ments may BE- required for Their t respective as 1n
from the same points with those already con-
structing on the frontier Of Mexico, and also to
several routes as the Typographical features Of
the country, situation Of the centres Of popula-
ton, and the course Of commerce and climatic
Third-Fatitng both Of the above propositions,
the signers are disposed to entertain anu will en-
tertain proposition submitting their respective
railroads to their Chair man. Gen. Ulysses s.
Grant. his decision thereon to be rendered Ia
writing before the 1st day Of February next
by both parties and obligations thereupon exc
cutcd to carry tt out
Other propositions were submitted With q view
to some general agreement, and after pro-
fra 65GclEStoH 0f f0n9h. IN the course OF
which a strong feeling in favor Of community
Of ACTION made itself apparent, tho meeting adj
journed subject to call at any time by its
Chairman.
ITEMS.
Mr., j. ". Morse, General Passenger Agent
of the Union Pacific Railroad Company at
Omaha, Is spending Christmas in this city.
Mr.. G. McClintock, Superintendent of the
house OF the Fort Wayne Rail-
road in this city, received yesterday, from
those un.ler his charge handsome Christ
mas gift in the shape OF valuable watch
and chain.
In the interview with Mr.: II. E. Sargent,
General Manager OF the Northern Pacific
Railway Company, published IN Yesterdays
figures which need correction. Mr. Sargent
is made to say that his Company has con-
tracted for 4, 800 tons Of steel rails to be used
on the Montana and washington ieTfIt0fy
extensions, while it should have read that
the Company contracted for 4s GOO tons Of
steel rails. The amount Of new freight-cars
now being constructed should have read
!, 400 instead of fourteen.
From q prominent official OF the Erie
Railroad it is learned that this Company IS
now doing wonderfully. we'll, and that it
will soon be able to declare dividend on
its preferred stock. But for the fact that
thf managers thought it wiser policy to
spend a portion Of the surplus funds in I'M
proving the road and increasing the transpor-
tation facilities dividend would have been zen
road up to Sept 80, 1850, amounted to about
SIS, 100000, showing an increase oyer the
previous year Of anout s., 200. The IN
crease this year will be no less than $780,
100 as the earnings Of the road from Oct.
up to the present time amount to an eQutya-
lent OF about So, ,0o0, GOO for the year.
The fyDrtot-A Man who Has No mu-
sic in His Son1.''
The Cypriot .hath no 1nnsic in bis SOUL All
bis Little remaining desire for rhythm seems to
have settled into bis feet, and he dances furt"
3usly, until exhausted, sort OF Jig to the end
less repetition Of few nondescript monotnnotis