, 1880-12-23
THE GOULD LINES.

GdtHs Dtspatch to Cincinnati Eaqufrfr.
NEW YoNK. Dec. o0.-l asked bfr. E. a.
Buck II he thought the rli,nor was true that
Gould had sold hts stock out in tho Union
Pacific ltaiIrond. :" guess there Is no doubt
about It," he replied. "Wlat wonderful
piece Of 1inanclerlng that Wasl 1lo bought
the stock ut 30, and shared all tho dividends
that wero declared for period of yenrs, and
then sold the stock to Vanderbilt above par.
1io took tho kalsas Pacific 1sailroad when
tho stock WA absolutely worthless, atld We
lllny say TINT 1t cost him nothing, and oven
Its junior bonds wero selling at about Ii
cents on tho dollar. Ile took TINT 81, ,000, 900
OF stock, hnd It assumed by tho U,.ion Pa-
cl1c 1laitroad, and added To It's capital, and
now$it sells Mt aboye par.''
asked Mr.. Buck what ho thought about
tho rulnor TINT the Central Pacific Railroad
was going tn throw tho bulk of Its business
oil the Southern Pacific Itoad, and scnu 1t
ovcr tho Atchison, Topeka & Santa 70 cast-
ward. ~ 1lavo not a great deal Of faith In
that" he said. "'rha climate Is uncomfortable
tlirougll which the Southern Taciac runs,
tho thermometer standing ITO degrees In sum.
1ller, md tic desert heat terrific, They haya
Banl-storns which swallow up the truck and
bury 1t for miles. Last Weok there was q
traiu blown right of tho track there by a
gnle. They tall story III Arlzonn that Il
soldier who Ind been good many years on
the deserts died and went to hell, and le soon
scnt word thai he wanted hts Blankets"
/ Ind an interesting conversation with Mr..
II. &. Kernes, prominently connected witt,
the Irnn Mountain Railroad, nl,0nt the future
Of that ronL and tho interests nf Ut. Louis.
lfe sald: "IO-day- the Iron Mountain R0ad
y ai M Ae nerS t. NJ " te Ge' sn
o1s will resign. md tletr paccs bo filled by
Mr. Noultl'a friends. The working 0f tho
roa4 w!ll all 70 Into Mr. Gould's landa.n
'Whnt WIS the advantage 70 Could" l
where he nlteady l,ld one?'
ut puts tho. whole thing, in a Rroat
measure. Into 1ls hands,. llatmorlzcs the
road. aIid, prevents Injurious competition.
sas Is a esS 81 sefs asE of 1aa
disc gging from the North to ?exas Is sO.l'e-
thing tm'a.1se. ;rhe cotton. beef, ETC.. com"
lux gut Of 'Ioxas Is nlBo worry great"
seqs - S2s a''!ipst nas sato t Arkansas '' 'S'F
aeal q sp|oatiId land. i,ittlo Rock Is grow
inE up. Hot Springs VII ba larKe plaee
% taaa last yeaP With il 9Sie t1an ~ tu a,t R
g.egHts Gf tl'o hsst mineral producing States
/ askct! 1t The Iron Mountain Railroad was
net M acquired BY Allen and afaEquaild from
"pretty much" snld III. Kernes. ",rhcre
wure three Of tho lllco brothers in TINT roati
getttng, $40, 0,oop a ycar salAry aplecu. They
secured extension Of the t!ine for the lal,tl
grants after the lle1el!Lon, alni sold tho w!ols
|, we're twunty ,niles ot the road built, aud It's
assets WerD valuable"
I" Did not Arkansas have Its best growth
under The carpct-baE rulopn
" Altogether the best. lsadlca! rule. In
Arkansas put her fifty ycara ahead Of her
past. hafe not much 4ependenco on tho
development Of tho native sceu OF that State.
but tue fertility OF tho river bottoms, The
minerals ut tic State als(tits wheat 1anl5 will
make 1t very PROMINENT
Do y0u understand that {sol,id has sold
I Ills stuck In thu Unt1tl l'aciiic lta!lroaA"'
1t ts tho general belief that lU lla3 beclt
selling 1t, a1uL Vanderbilt has been buying. It.
lha 'lhNrmall bill, directed at botl the Union
and Central Pacific iallIoatls, was severe
Fk Fund 4ssa1ss s s e Iet asas sk
GaYe my doubts whether either road can do