The news and herald. (Winnsboro, S.C.) 1877-1900, 1880-03-09
sOUTHERN RAILWAYS.
what NOrthern Trunk Lines May Expect
From the Recent Combinations.


From the Recent Combinations.
/ New York Commercial Bulletin.
! lho New York trunk railway lines
ere long will have to face more or less
, competition for Western and South
western trade with other railway
routes OF more or less importance
further South, which are the outcome
or recent combinations. The COMPETE
ton at the start may not be very for
midablc, but If the South Atlantic
ports can provide themselves with
adequate ocean steamship facilities, it
Is by no means improbable that in the
! course Cf time it will ":uke an import
ant impression upon tho Northern rail
way system.
or course, in calculations of this
Kind much depends upon tho amount
OF capital that can bc thrown into
these now enterprises, and much
upon tho Intelligence and daring that
arc requisite to make that capital tell
10 tho most advantage. At present
ones information in regard to both
these points is neither so full nor SO
definite as to enable one to arrive at q
satisfactory Judgment in the premises.
The Tennessee and Georgia Journals,
It is true, @ro beginning to speak OF
their railrond "kings' just rs we do
at the North; and, crcditing what they
have TO say of the present and pros
pcctivc combinations Of these gentle
Wcn, it might be suspected that u new
brood Of Vnndcrbilts and Goulds and
Scots arc IN course of successful de-
Vclopmcnt in that quarter. There is
more or less cXubcrancc in what is
written on the subject by tho Louis
vile, Atlanta. Savannah and Charles
ton journals; yot it is worth willie to
try and sec what it all amounts to.
The recent acquisition by the Louis
yillc and Nashville Company of the
Georgia aud Georgia Central system,
along with various and previous pur-
chascs, leases and contributions, it is
asserted, is the last link that is ncccs-
sary to bring the South forward as Il
competitor with the Northern trunk
lines for Western and European trade.
1t is authOritativcly asserted that this
company, under its new arrangements,
expects TO control the TRANSFORMATION
interests of the South, at the same time
that 1t will divert large portion of
the business of the West and South
west which ut present finds its way to
Eastern scaports through St. Louis
and Chicago. 1t is designed to make
| savannah the seaport for tho new
trunk line; to which end we are told
line OF ocean steamers is to be forth
with secured, by which means, under
system Of strict supervision, wise
economy and railway system not
uelugrd with watcrcu stock, lower
through rates to Europe will be offer
cd than the Northern lines can possi-
bly afford: An English company
stands ready to furnish the vessels.
with the cooperation of the so-called
cross lines, the projectors of the South
crn trunk have no doubt that in due
time they will bc able to tap the grain
and provision trade, and in this way
Louisville, Nashville, Atlanta, Sayan-
nah aud Charleston arc to be built ur
ut tho expense of st. Louis and
Chicago.
Direct trade with Europe has long
bccn the dream Of ambitious Southern
statesmen, with rarely anything but
political capital to back them; and in
order to realize that dream in past
years thcy did not scruplc from time
10 time t0 commit themselves to many
visionary projects, the result Of which,
rs might have been foresccn, WAS
nothing but disappointment. The
lapse Of time, and hard experience,
possibly have superseded these dreams
now with aspirations Of a more practi-
cal character; and as these appear to
mean business and not politics, there
Is no reason why they should not meet
at least with a measurable degree ofl
success. 1fit but enable that part of
he country to catch something Of the
live business spirit which has done
and is still doing so much to develop
the wonderful resources of the West
and Northwest during the past decade,
it will be a national, not sectional
advantage: and in so far one may
heartily wish that it may realize The
utmost that is expected from it. AS
to the diversion Of trade from Chicago,
st. Louis and other points, the point is
scarcely worth considering. These
cities must accept the new condition
and seek to adapt themselves to it rs
best they can.
All parts of the country have an
interest in the restoration of Southern
prosperity; and if these new railway
combinations are destined to be, as it
is to be hoped they will be, an effect
i've agency to that end, the result in-
deed may be to change the channels Of
trade ut particular places: but who
will say that trade itself will not be
immensely enhanced, or that ultimate.
~ the whole country will not get tho
benefit of it?
-"You promised to pay that bill
ycstcrday,' said an angry creditor to
debtor. "Ics," calmly replied the
other .shut tO crr iS hu un,on IN fnrrot