Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-02-23
SHOULD READ THE GLOBE

HOW the "GiObe' Contemporaries Are
Floundring About In Vain Effort to &c,
at tho True Inwardness of Recent Rail-
road Combinatit MS Affecting st. Paul.
While the GLOBE has been able through
its superior facilities for getting reliable
news, to give all the essential facts connect
| ed with the recent negotiations in New York
city by the st. Paul & Sioux City railroad
| company, the Chicago Tribune, Sioux City
Journal, and other papers not having the
| advantages of the GtoBE, are still founder
| ing about in sea of uncertainty, with moth
ing but wild rumors and fancifully construct
ed theories for their gpide. The Chicago
Tribune of Friday mor1 og, the same date
on which the GLOBE toldi1 what had been
accomplished by these nego ,tions, follows
up its previously announcedil ry of the st.
Paul road being absorbed by tn, Northwest
ern interest, with Jay Gould he back
round. The Tribune says:
The reported consolidation of the Chicago
st. Paul & Minneapolis Railroad company
formerly West Wisconsin-and the st. Paul &
Sioux City railroad is believed to be in the in
| terest of the Chicago & Northwestern, although
| the managers of the latter are non-committal
| regarding the matter. The Tribune has here
tofore Aated that it was reported that Mr.. II.
d. Porter. president of the Chicago, st. Paul &
Minneapolis, had disposed of his stock in this
| road, and 1t was intimated at the time that, if
such were the case, it was more than probable
| that Jay Gould was the real purchaser. As
Gould has been hob nobbiug with the st. Paul
| d Sioux City people for some time past, the
| latest report would rather tend to confirm the
rumors that the arrangement is in the interest
of Gould, and that he has ut last secured a
f. IL L. - e IL
| the Northwestern. Gould has alreadyt wO or
three directors on the Northwestern, and Van
derbilt has three more, and most of the other
| directors are friendly either to Vanderbilt or
| Gould. The Chicago, St. Paul g. Minneapolis
railroad runs from Elroy, Wis, to st. Paul, 1T
miles, and forms the regular connection of the
Northwestern for ST. Paul and Minneapolis.
Paul to Sioux City, l4S miles. This arrange
| ment was necessary to enable the Northwestern
| to keep its own against the competition Of the
| Milwaukee & st. Paul, which it is understood
has secured control of the Southern Dakota, a
direct competitor Of the st. Paul and Sioux
| City.
The Sioux City Journal of the same date,
while acknowledging itself befogged and
without actual information upon which to
form an opinion, proceeds to create q
through freight line from the Pacific slope
via the St. Paul road to Duluth end Lake
Superior in the Gould interest in opposition
to the Chicago system. The journal says 4:
| There are no new facts to present to the gen
eral public in regard to the railroad situation.
The question as to what the st. Paul company
is trying to secure is still an open one. No
one pretends to know here what the points are
that the officials of tue road have been working
for in New York, but there are any number OF
railroad and other men who are willing to haz-
ard asurmise. Those who have the best means
of knowing what the general policy of the con-
pany is think that the moves simply look to a
better connection with the lumber country in
order that the line may be able to supply the
greatly increased demand for lumber which
| the extensions in Nebraska next. year will
bring. Another class of hgurers, of more dar-
ing turn of mind, are disposed to think that the
st. Paul company is buying lines that will give
it al outlet to Chicago. The Geographic rumor
that the West Wisconsin road was to be con-
solidated with the st. Paul looks as if new
line to Chicago was contemplated; This might
| be good thing to have, but would seem to be
move outside of the regular business of the
| st. Paul company.
Still others of a more romantic turn, reason
that Jay Gould is hungering for a through line
to the upper lakes by which to send his heavy
freight from Nebraska to the East, and that
being shut out of Chicago he will send the
|
sends most of the through freight for the
Union Pacific by the Kansas City route. This,
though somewhat longer than via Omaha and
| Iowa pool lines does we'll enough IN winter
| when all through freight goes by rail, but in
summer it Is at a disadvantage with the Chicago
route, for the heavy freight between Chicago
and the East can be more cheaply carried by
water. 1t is Therefore argued that Gould is
backing the st. Paul company in their efforts
| to get control of the North Wisconsin road and
| then will send the grain originating on his Ne
braska lines over the st. Paul road for ship
ment to the East via the lakes and the Erie
canal.
| The completion of the St. Paul road from a
| point opposite this city to Norfolk on the Elk
| horn. the present terminus of GOuld's north
ern branch, or to Oakland, the terminus of the
! Omaha & Northern Nebraska road, purchased
| by the st. Paul company last fall, would give
| Goulds Nebraska lines an outlet to Duluth.
! The distance required to build is about forty
| five miles to Oakland or sixty to Norfolk. The
known friendliness of Gould to the st. Paul
company gives an air of probability to this
theory. This route would be but little longer
between points in central Nebraska and New
York than the present route via Chicago and
the lakes. and would successfully compete
with the Iowa pool for grain and all heavy
freight.
Whatever is the upshot of this new deal of
the st. Paul company, whether an extension OIL
it's lines in the lumber country, new line to
Chicago, or through lake route for Jay
Gould's lines, the result will be alike beneficial
to this city. The increased business of the
road will bring increased business and travel to
this city. The immense number of ties that
are arriving here the purchase of two transfer
roats to do the business of the projected Ne
braska lines, the new railroad combinations
and rumors of com binations, all point to the
fact that Sioux City is to be made crossing
point of the Missouri second to none north Of
Kansas City.
The little Winona Republican has not
sufficient ambition to hazard an opinion, but
it thinks st. Paul is trying to conf ort itself
with feeting shadow. 1t says:
St. Paul is trying to comforts fover the
assurance, which is very slim that the
smalgamation of the Sioux City d the West
Wisconsin roads does not implyt control of
the consolidated line by the Chic oand North
| western. We shall know bet about that
by and by. The anaconda d not noisily
herald its approach to the intend cd victim.
miscellaneous Rail Notes.
Sioux City Journal, 90.
The st. Paul road has brought in en- everage
of forty cars of lumber during the past week
| and taken out about thirty cars of corn daily.
| The lumber is mostly turned over to the Sioux
City & Pacific, and the corn is all received from
! that cOmnanv.