The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-01-12
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Under The hI,osc cspllon tho Ennis W. y
low N me 7il lnai ehlofs np0n noine spec y
iiailon aa ~ Tie pfoposed foule N Tho "
loisicn 4 TEXAS Central lialiond ffotn Z
ome rOlnt AZ or nenr W. town a. make
ioftheastufly for connection with the ~.
Louis a tnn francisco I,ond. Referring 10
1 recent meeting which, II says took place
IN this city with view to effect some mr.
rnngemenis with the Chicago, Texas 4
Mcxican Central Company, IL says;
Whether Tie conference was successful
aud will result In acombinaiion OF interests
between the two companies, has not yet
transpircd. Enough has been developed,
however, for us 20 indulge In the belief
that We snail have somc interesting
RAILROAD racket ON hand very soon. u
may transpire that this newly constructed
Mexican Central Is really part and parcel
of the Houston & Texas Contral-has been
built by syndicate organized in the inter
est Of the latter company, who took this
method ofout-HankinG Jay Gould and to
"pull the wool over the eyes" the Dallas
people for an additional $4,000 subsidy.
NltN ulitudg VA nv
least 100000 in the Houston e Texas Cen
trail Road, ifthc above theory is correct, il
is plain that the additional bonus Of $4,000
was obtained very ingeniously." What ar
rapgements, ifany, have been made by these
two companies is unknown here
The history of this entire business is evi.
IDENTIFY not known to the Review and in the
general interest we will now furnish such
data as have come to us from time to time.
! 1t appears that some time last spring an
unsigned agreement had been entered into
between the Chicago, Texas & Mexican Gem
! trail Railway Company AMI the Gull, Colo
RADIO & SantaFe Railway Company, whereby
| lively the sum Of from 100000 to $500,o00
| TO build the former road TO Cleburne, and
then from Dallas on towards Paris. In the
Arrangement the Santa Fc Railroad Com
pany were to have had the right OF running
their trains over the liuc between the said
termilii to-wit: Paris and Cleburne. The
Santa Fe company were to have had
under this division of the profits
] that are said to arise from railway construc-
ton corporations. This arrangement Yves
never carried to full iruition, as it appears
tthat the st. Louis l. San Francisco Com
pauy. which seems to be operating through
the same syndicate as the Chicago, Bnrl-
Iington & Quincy Road, perceiving tue
benefits TO arise, and holding the outlet
north from Texas, determined to secure them
for itself To this the Chicago, Texas d Next
can Company were compelled to acccde, as
from that syndicate, under such arrange
ment they could procure all the required
funds. The Santa Fe Company were like
wise forced to an acquiescence in this, as
arriving at Paris they would have been po-
sitioned similarly with the Houston
,& Texas Central at Denison.
Under this new deal the latter company
were granted the right ofway from Gle
burnc to Paris. Whilst these things Were
going on, the Houston & Texas Central
finding itself circumscribcd by Mr.. Gould's
combination determined TO run a line TO
make connection with the st. Louis d
San Francisco road. II we mis-
take not surveyors were actu-
ally in the field, looking for n course from
Whitney or tbereabouts to Paris and posi-
lbly through Dallas. Rumors ahoat TO the
effect that Mr.. Gould was opening negotia-
tons for the purchase Of the st. LOUIS
Road. the Texas Central prudently with
drew for the time being, rs had he secured
it their Paris status would have been
the same as that at Denison. 1t being now
4 fully understood thatth is no likelihood,
4 whatever; OF the st. Louis & San Francisco
Road being otherwise than wholly indie
dendent Of The Could system, it is only a
natural business proposition that the
Texas Central should seek an arrangement
with the Chicago, Texas & Next
can Central similar 10 that one
which these columns have, recired
and the Ennis Review now suggests. IN
the interim. the Texas Central is looking 10
: make II line of lis ownin the event il should
lGfii TO mako desired arrangements to pass
over the Mexican Central Road from Dallas
+ TO Paris. We assume that Ennis orGarrett,
-lthc terminus from Waxahache, would
\ Be tho point from which would
start q northeasterly line, and which the
Morgan company will ultimately build, as
they prefer individuality and cxcusivoness
to any alliances. We should think, how
ever, that line from Dallas to Paris would
be the proper route, least costly and more
advantageous. Asior the suggested "honk-
movement TO pull the wool oyer the eyes
irrnalIns for ~, nsSitioral SO GOO subsidy
as above suggcstedby the Review. the Tex
as Central Company has certainly never
dreamed of such thing. They DO bus
mess upon higher principle and after more
candid methods; and the above resume OF
data will show the correctness Of such
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