The Chickasaw messenger. (Okolona, Miss.) 1880-1900, 1881-09-08

- region OF COUNTY, Mnere SAL
aud profitable investments can 0
made than Mr.. Wolfe, and he ha
proven bis faith by works. Tn
two syndieates with which he /
connected represent a paid up capi
tai Of $52, 100000, besides the Ala
bama Great Southern Railroad Thl
FIRST, or Erlanger syndicate, owner
Of the Alabama Great Southern
invited capitalists on the 18th o
June last to join with them il
raising a capital Of S25, 5,0OO. .OOC
for investment in railway propert,
in the South, and on the 2Ist dal
Of the same month, three DAYS altel
the invitation had been extended
the books we're closed, the whole
amount having been subscribed fol
and paid in. Mr.. Wolfe was at once
notified to secure the Yieksburg q
Meridian and Vicksburg, Shreveport
d Pacific roads, and the charter of the
New Orleans d Northeastern, which
he cid, very much to the chagrin OF
certain other parties who though they
had "cornered" the properties. The
Vieksburg, Shreveport q Pacific will
be pushed on from Monroe to Shreye.
port as fact as money, men and mules
can push 1t. The contract for the
construction Of the New Orleans 4
Northeastern, will be awarded next
month, and the line completed IN less
than eighteen months. This will give
the Erlangerger syndicate the short
est route between Chattanooga, New
Orleans, and all points in Texas,
Mexico and the Pacific coast. Besides
the main lines, there will be taps and
feeders constructed to all available
points. This system Of roads will be
under the management Of Col. John
Scott, a gentleman well-known in
railroad circles, both in Europe and
America. The second syndicate is
known as the Memphis, Selma &
Brunswick Railway Company, and
has a capital Of S27, 100000. Their
lines extend from Memphis on the
Mississippi river, to Brunswick, on
the Atlantic coast. Contracts for the
construction of the unfinished portion
of the line will be awarded about the
middle Of next month, and within a
year thereafter through trains will be
opererated between the Mississippi
river and the southeast seaboard.
The principal towns on the road are
Memphis, Holly Springs, Okolona,
Aberdeen, Columbus, Eutaw, Selma,
Albany, and Brunswick. From Selma
road will be constructed down the
Alabama river to deep water (about
ten miles, from which point a coal
barge line will be operated to Mobile
Short roads will be built from several
other points on the main line. The
western connection at Memphis will
De the Memphis q Little Rock, and
Little Rock d Fort Smith; the latter
road is to be extended to Arkansas
City in Kansas, where ii will be con-
nected with the Atehison, Topeka &
Santa Fe system, thus forming a new,
and by many miles the shortest route
between the grainhelds Of Kansas and
all points reached by the NJ, S. & B
company's line. The syndicates are
separate organizations, but the mem
bers OF each are interested in the
other, and it is expected that a con-
soidation will be effected 10 the near
future. Combined they will be the
wealthiest and most powerful eOrpor
alton in the South, and, unlike some
of the others, their operations are free
from schemes aud manipulstions for
the purpose Of enriohing a ring at the
expense OF the property or interests
dependent upon IT, With these two
syndicates the investments are made
for the purpose Of securing q sure
yield on the capital invested 1t is
purely q business undertaking, and
therefore anything that is calculated
to increase the traffic of the lines will
be encouraged. Agricultural, mining,
manufacturing enterprises Of allkinds
will be encouraged, and aided, too,
ifneed be. In short, the vast amount
Of capital has come to stay and aid in
the development Of the South, and il
opportunity offers for further judi
ciOus investment twice or thrice the
samount already expended will be
forthcoming on demand.