Morning journal and courier., 1881-10-25
Parallel Railroad Talk.


 The Great American Snowman Claims
 the Inside Track on Wand derbilt.
 P. T. Barnum says he has gone anew into the Parallel railroad scheme, he being again director in the company newly organized lately, because he says he considers the scheme good investment and one which will surely pay. He bases this opinion on the natural increase of business in the country, which he regards as sure guarantee that the new road will pay as an investment This, he adds, is evidently Mir. Vanderbilt's opin- ion. Mr. Vanderbilt had said so, and besides he had gone into it partly out of differences with the Consolidated road Mir. Barnum says there is plenty of msney behind the Parallel, and claims that there are not only millions in it" prospectively, but millions ready to be placed in it as soon as required. He claims an advantage over the Vanderbilt project in that the old company had route all laid out, while Vanderbilt is surveying line and can't get the maps out under six months. The Parallel has the maps and sur
 veys all prepared ready to be deposited. MT.
 Barnum holds that the new company will charge but two cents mile and save half an hours time by avoiding drawbridges, and that if the Vanderbilt road can be got ready for travel next summer so can the Parallel
 Our relations with the Consolidated road are
 of the pleasantest character. There are men in the new Parallel that have got millions of money where have thousands We have christened the road anew. Its name is now the New York and Connecticut Air Line Rail-
 road company.
 The New York Times yesterday in an arti
 cle on the Vanderbilt road repeats the story
 about Vanderbilts hostility to the ConsoE- dated road arising from the fact that this
 road runs trains of the New York and New England road by the way of Harlem river to connect with the Pennsylvania road, with which he is at swords point, and that MT.
 Vanderbilt is large owner in the New York
 and New Haven road, holding about 1,5O0 shares and perhaps on that account feels
 that the management should defer to him;
 and adds that the Consolidated road refuses to stop carrying Pennsylvania freight, which
 is worth a million and half a year to them, holding that Mir. Vanderbilt's demand that they should not do so is unreasonable. It adds: Moreover, the Pennsylvania corpor- ation could not be shut out of New England by the refusal of the New York and New Ha- ven road to do it's business. It would find some way to get in and out Under these circumstances Mir. Vanderbilt ought not to expect that the road here will take up his bat ties and fight them against it's own welfare, and the directors through their committee, having put these points with some emphasis, respectfully declined to mix in the quarrel. Then 8 proposition was made by the Boston and Albany road to lease the New York road, and tbis failed ;. and at about the same time it was learned that the Connecticut managers had secured control of the New Haven and Northampton road, which connects with the Albany road at Westfeld and runs south to Shore Line and the Air Line roads, and de- fensiye alliance with the New York and New England, the New York and New Haven cor l poration were in possession of all the avail able lines between New York and Boston The managers of this enterprise have so far maintained independent relations, but it l is supposed that they will be very glad if MT. Vanderbilt is disposed to be of assistance in building the road Meanwhile the Wander bilt surveyors, o-called have staked out 8 route the entire distance between New York and Springfield.
 The managers of the New York, New Haven and Hartford road know nothing about MT. Vanderbilt's intentions further than they are disclosed by the surveying party, but they do not think he seriously intends to construct 8 road. If, however, his only purpose is to alarm them into compliance with his de- mands, they say he will fail. If he desires to construct road under their general rail road law there is no power to prevent him but if he wants special privileges from the Connecticut Legislature, the old road will make stir about it.