The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-01-29
GoULD's LATEST VICTORY

GOU LIDS LAlfNI tttiOhl
For several days past rumors were ailoat
on our streets that Gould had purchased a
controlling interest in the st, Louis & San
Francisco, and the report gave rise to much
interest and speculation as to the probable
result. The fact is now established and
it seems that the purchase was made be-
tween the Seligmans on the one hand, who
have for years owned and controlled the
majority of the stock, and Messrs, Gould
and Huntington on the other. There were
two objects to be attained by the latter
named parties, and as usual in their mas
terly and gigantic plans, they have sus-
ceeded. Mr.. Gould was DESTROYS OF
stopping the construction of a COM
peting parallel line into Te xas or
obtain control of il and complete
the work himself, and Huntington
was laboring to prevent the extension of the
Atlantic & Pacific from New Mexico to the
California coast, and thus become a serious
competitor as a central line between the
Union and Southern Pacific roads, both of
which are controlled by him. In its &C
count of the matter in Fridays issue, the
st. Louis Republican says that nothing def
mite was obtainable as to the new plans
relative to the Atlantic & Pacific, or of
those with reference to the st, Louis K San
Francisco. 1t is not to be presumed that
such men as Gould and Huntingdon would
be likely to disclose any of their future plans
or intended movements, and we are conse-
quently left in the dark as to what the
future will bring forth. 1t looks at present
as If Texas were again cut off from all COM
peting lines to the North East, West or
South, except in the case OF the Texas ~
st. Louis Narrow Gauge, whose importance
is enhanced wonderfully by this new move
ment Fortunately for Dallas two points
of vital significance to her interests remain
to her. In the first place we are one of the
few places which are to receive into their
midst branches of the Narrow Gauge line,
and will thus always be assured of an outlet
North and East other than by the roads
now reaching us, and obtain the full
benefits of mpetition-bcnefit that are
greater between the standard and mar
row gauge, than if the conflict
were between two roads Of the
former kind, The wisdom of obtaining the
branch of the Texas e. st. Louis from
Mount Pleasant to this city will now be
more apparent to our citizens than ever be-
fore, and we only wait for its speedy com
pletion for which the contract provides.
Then again we can rest easy in the fact that
we have become the central and controlling
point of the Gould Southwestern system,
and must always, therefore be the chief OBJ
ieCt OF interest among Southwestern towns
to Mr.. Gould. The other lines projected
from Dallas, such Us the Chicago, Texas Il
Mexican Central and the Trunk Line are of
such vast Importance to this city and the
sections through which they are topass, and
have already reached such stage Of de-
velOpment that their final destinations, the
other to the Rio Grande must be ultimately
reached, either under tine present manage,
ment or that of Gould. Then the Gulf,
Colorado e Santa Fe, which we are to have,
the two roads mentioned above, and the
Texas Central must all have their own out
let's from Texas or depreciate in value, and
will be forced to build them or dispose OF
them. So that this movement of the late
purchase, or any Others on the railroad
chocker-board, cannot but, and do in
fact, recognize Dallas as the hub and
headquarters OF their manipulations and SC
redodnd to our Importance and ultimate
growth as n city. The greater the monop-
oily and consequent profits the stronger
will be the inducemcnt and propensity to
enter the field, and as Mr.. Gould has adopt
ed and constituted Dallas virtually as the
headquarters of his Texas system and in
whose interests he is more likely to labor,
we may expect nothing else nationally than
constantly aocruing benefits tous from the
rivalry between the great railroad king and
the men who are DESTROYS OF
sharing with him his profits and
his honors, 1t is more than probable
that this purchase OF the st. Loui,
4 san Francisco will ensure to us some
rich developments soon,