Lexington weekly intelligencer., 1883-02-17
THE WABAsH-BURLINGT0N-HAN-
NIBAL QUESTION.
from the St. Louis Republican

From the st. Louis Republican,
A great deal has been said and published
about a combination or agreement between the
Wabash, the Burlington and the Hannibal and
st. Joe roads. Wall street paper now declar-
es that it Il learned upon the very best OF au-
thority that Mr.. Gould and Mr.. Perkins OF the
G. B. and Q. road have made an agreement for
the control OF the Hannibal and St, Joe; an d
that as soon as the legal papers can be drawn up
and signed the public will be officially Informed
OF the first of the railroad combinations for the
month of February. 1t Is now said even that
Mr.. Gould has surrendered to the c. B. and @.
people his controlling interest in the H. and ST.
j. at the same price he paid the Duff syndicate
for the stock, and that he was prompted to do SO
on a guarantee from the Burlington that it would
not further invade the territory OF the Union
Pacific in the west, the Wabash or that of the
roads to the southwest of the Mississippi and
Missouri rivers. AS understood between the
parties the agreement Is to contain provisions
that Will maintain harmony between the Bur-
ington system and the Union Pacific, and re-
strain each from interfering with the traf1ic of
the other.
Commenting on this matter the Daily Indicn.
tor says:
SIT is also understo cd that the Wabash aban.
dons its project offs new line into Chicago, In
shsrt, the Burlington and Quincy become the
virtual owners Of the Hannibal and St. JOSEPH.
thus insuring to that road paying business and
dividends on its stock, stops the building Of a
competing road from the Mississippi river ln,s
Chicago, and secures with the Union Pacific an
equitable share of the Colorado traffic and an
ally for maintaining rates eastward from the
Rocky mountains. The Wabash retains tranis
facilities over the Hannibal road, secures new
territory west of the Mississippi from further
invasion by the Burlington system, and harmo-
ntous traffic rates at all competing points. The
Missouri Pacific and the southwest Gould sys-
tenn Of roads is relieved from any further at
tempt Of the Burlington to push Its lines into the
territory occupied by them. and thus secures
them against threatsned rivalry. The agreement
1t is believed. will be highly advantageous to all
the companies interested, in preventing rivalry
and In maintaining a fair division of traffic at
paying rates for all the roads.
'The hold Of the Wabash upon its trans
mississippi lines is thus made more secure, and
the advantages OF its connection with the south
| western roads made more certain. The possi-
bilitiss of future traffic interference between the
Union Pacific and Burlington system are by nc
means alarming when the territory covered BY
these lines west OF the Missouri is considered
The three states and two territories from which
the main traffic Of the Union Pacific and tha,
portion Of the Burlington road west of the Mis-
souri, river is derived cover an area larger than
tho thirteen original states OF the Union, and
| have population that has quadruplsd In ths
past ten years. The production and trade OF
this territory has increased in still larger ratio
tnan lts population, and Its development may
be said to have but Just begun.''