Savannah morning news. [volume] (Savannah) 1868-1887, 1881-09-10
Wolfe and Cole.

Z -
Wednesday unanimously confirmed the
action of the Southern Railroad Trus-
tees in leasing to Fred. Wolfe for twenty
five years the Cincinnati Southern Rail
road. The lessee, who represents the
ErlangeEs, has agreed to deposit half a
million in bonds to secure payment to
the present license, and for the rolling
stock. Possession will probably be given
on the 1st of October. The Cincinnati
Southern will thus become a part OF the
system of which the Alabama Great
Southern is the main line.
The Erlanger syndicate already con-
trolls the Alabama Southern, extending
from Chattanooga, Tenn, in a south
westerly direction to Meridian, Miss, 8
distance Of two hundred and ninety.six
miles, the road being in thorough condi-
ton and finely equipped. 1t also owns
the road from Meridian to Vicksburg,
Miss, one hundred and forty-fiVe miles,
in complete running order, and, crossing
the Mississippi, are building as rapidly
as possible under the most urgent con-
tracts the line from Vicksburg TO Shreye-
port, there to connect with the Texas
Pacific. This line will be completed by
March 1 next From Meridian direct
road is being built to New Orleans, one
hundred and ninety-three miles, and to
be completed within the next twelve
months Pending its completion, the
Erlanger system offers to Cincinnati,
via the Cincinnati Southern, two
direct and short routes to New
Orleans via the Jackson line and
the Montgomery and Mobile
line. From Eutaw, Ala, which is near
the Mississippi line or the Alabama
Southern, the syndicate is building a
line northwest to Memphis, considera-
bic portion of which is now graded.
This line will be 175 miles long. From
Eutaw in the other direction, southeast,
they have line running to Selma. fifty
two miles, building from Selma to Alba
ny 1913 miles, and from Albany to Bruins
wick, Ga, completed, III miles. AS to
the ability to carry out every plan form
ed Mr.. Wolfe does not think there is any
question. When the Erlanger syndicate
was formed last June $25, 900, 900 cash
was subscribed and put at Mr.. Wolffe's
disposal, and he says his principals are
able and willing to supply any further
funds needed.
1t has already been announced by tele-
graph that a contract has been concluded
between Col E. w. Cole, President of
of the East Tennessee, Virginia and
Georgia Railroad Company, and Hon. G.
p Huntington to connect the Kentucky
Central Railroad with the Knoxville and
Ohio division of the East Tennessee,
Virginia and Georgia Railroad system
by July next, thus connecting the whole
system with Cincinnati and the West.
The Atlanta Constitution of yesterday
publishes a diagram of the projected
Cole connection with the line of the Gin
cinnati Southern and Western and At
lantic roads, together constituting two
nearly parallel lines from Cincinnati to
Atlanta. The Constitution says:
''The Knoxville and Ohio Road, owned
by the Cole combination, branches from
the East Tennessee and Virginia Road.
This road is now being extended to-
ward Livingston. The Louisville and
Nashville Company is building from
Livingston to meet Cole, and the Joint
line will soon be finished from Carey
vile to Livingston. From Livin yston to
Paris, which is the terminus of tie Ken
lucky Central owned by Huntingdon,
is the gap that Colonel Cole must build.
This is 15S miles, and will cost about
s., oOO, 600. As General Thomas tele-
graphs, it will be ready by July /, 1882.
1T will be seen that the two lines
are nearly parallel, and that, the long
distance considered, neither has any
material advantage. Under the new
plan Colonel Cole will run his solid
trains from Cincinnati to Brunswick,
Memphis OF Meridian, and every foot Of
rail they pass over from Paris south
ward will be his own in whole or in part.
Ii adds very materially to the Cole sys-
tenn, giving it about 800 miles of road,
and putting a new and important spoke
into the wheel that has its hub at
Chattanooga. The connections that he
gains by this new route are five. At
Paris there is q branch line that leads
into Western Ohio, and the Chesapeake
and Ohio that stretches from Richmond,
Va, to Memphis, Tenn, with only few
gaps here and there.
There is no doubt that this last pro-
1ect completes the Cole system as far as
its outlines are concerned. 1t will now
go TO work to fill in the details by build
ing feeders wherever they are needed.