The news and herald. (Winnsboro, S.C.) 1877-1900, 1881-04-02
NiILRO1ID GEITiEHS.

~
RiIEROID GE.iTIERy
NV" Great Corporations Moving iowa ri
the Georgia Strong Union Bel w"cn III,
GeorGin, Central and South Inroliuu
Nailroads Tom scott Shows His ue.id--:
domestic Unity and Foreign Innovation
From the Augusta Chronicle.
Now that immediate prospects Of a
lease OF the Georgia Railroad have
been avertcd, some new points come
to light, which were not 50 clear at
!he time. How strong was the feeling
III in'or OF such constellation, the
fEtOWcic las already shown: as well
;S NE anxiety displayed by three dir.
rect iAAln%cmcnts for its control,
ihc same reasons " hich prompted q e
infringement Of the Georgia and OF
ne cntral to form Il lease, exist now
aEd VIII work toward drawing ,h{ss,.
l"I f""G* ~ more complete co-opcra-
I.", and !nio Il closer bond OF union.
H. !, IS cgn o,d Eastern railroad
.i!2" ""c looking lovingly, yet anxious
y, - th" Georgia Road, we have been
S"uicieniiy a?piiscd. 1t is the com-
! "'";":'n& roule from Atlanta to the
S"ab"nri and next to the State Road
uu!y. is The most important link in the
western and South Atlantic conncc-
tons. Large blocks of its stock have
'cc', eagerly bought up in the money
markets. of New York, notably bv
L!""lsvillr and Nashville people, and
It's control would give that road the
Ecy I" thc Southern system. From
the Northeast, too. and moving down
upon tbc Georgia Railroad, as upon
the apex OF triangle, we have the
great kichuond and Danvillc Compa-
nv, WINCH has been forging railroad
bolts, literally, with All iron hand.
when tic lease OF the Georgia BY
another corporation seemed imminent,
,helr representative from the Char
/ l"ttc, Columbia and Augusta Railroad
calne to Augusta to fight lis wav into
the battle OF the giants. flc was au-
thorizcd to make negotiations, Offering
to lease, nominally for the Charlotte,
Columbia and Augusta, the Georgia
Knllroad, rating the latter at $5,5UU,-
ooo, paying interest upon its bonds.
guaranteeing sevenper cent. dividends
to the stockhhlders. lie offered as Sc
curity the Richmond and Danvillc
Railroad, and rendered, if necessary,
the great power behind the throne,
THE PENNSYLVANIA CENTRAL.
Here, then, was the hidden thunder.1
er, the Jupiter Tonans, fnlminp~nrin
plans for the capture Of SouthewHi lines
It is well known that in tLoAe lease O
the Airline by the Nsichnond am
Danville, the penl~@ylvania Centra
was offered ~s<Hs Security and sucl
would hayaee been the endorsement hat
the GAee0rgia Railroad demanded it i,
tlia5fS instance. With the Airline am
Rhe Georgia Railroad in it's GRASP, thcs
great Eastern companies would hav
bottled mp Atlanta, and hooked Geor
gin quietly upon the chain of the Wiz
ginin and Carolina systems. 1t is wei
known that the Charlotte, Columbi
4 anu Augusta representative came +
s Augusta upon this errand, and left fo
!. Athens to consult with wealthy am
influential Georgia Railroad stock
! holder there. Not finding his mau
II onr indciatigable railroad friend wen
t to Oconcc White Sulphur Springs
O where the former was said to be. Their
j, he waited for day and half, III til
y wilds OF Hall county, for consultation
with the prominent stockholdcr. w
G remember that some Of the most start
: ling political campaigns and railroa,
scoops have been formulated at Sara,
togA and ut Greenbricr; but think Q
Il gigantic consolidation between Tor
= Scott's Ambassador and q Georgia Rail
s road stock holder on, the bleak hill
G sides Of North Georgia. A conjunc
ton Of stars in the Land Of the Skyl
Thus is the system OF railroads j
Georgia crow tlrd and cross-frcd troi
East and West. To hold their ow
Q against these cLcronchmcnts will rt
n,f ,,,,ts.
and unity between the Georgia., Ccl
Railroads, for there will lie busi.
S for all these ports. Points Of law an
G popular apprehension prevented
b formal lease; but in the future thos
!, lines will stick together for selfpr,
. lection anrt0omcstir purposes. One
separated or divided, and they may h
= tNrcrtl ilito surrender to the North an
$ West. The L.ouispillc aME.-NAShVfll
g aud Ihc Richmond and Damrilir: bach
: ed by The Pennsylvania CrntraD ar
. !loving slowly southwark like glacier
f0 the sea. Whether their march ca
II hc resisted, time must uctcrmins
Will united effort, our home lines ma
wall up their progress, otherwise thcs
moving mountains may take them int
tApii' Bosom. like. bpuldcrs, and sWUo
unihtcrvupGcdly on their way. -;
0 There arc many Indications tbs
! ihc Hjory Of San Francisco is dcpar
7 ing. t'iid speculation is. at All Gu,
: and The rrstirss spirits .are going t
I sew York to operate. Thc bonunzo
n have ceased 10 Yield their millions, an
s the blind votari.s on tho outside a,
= now too impccunious 20 respond to til
= call for assessments. Seats at the Sn
y Francisco Stock Exchange have shrun
: from $35, 900 to $4,000 with no bu!
l. crs; and the rival mining exchange
T. the Pacific, where seats sold for 81 ,0o
Il in 1876, is closed. The people hav
. given mp stock gambling, and under
= stand that thcir!own and San Francis
u CO.'S future must be built up by lcgit
If mate business enterprise.