The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-05-06
The Plans Of the Huntington syndicate,
aud Who
"Speaks by the INSTRUMENTATION
and Concentration Il the
Corporations Motto-Clinton to be the
Great Depot.
VIII This Benefit or Injure the Island
City!
An Inkllng as 10 the Motives That
Prompted
Mr.. Gould 10 Visit Galveston City.

GALVESTON, May 5-[Special THAT
important changes are on tapis in the man
agement and control of railway lines in
the southwest, is apparent to close observ.
ers. In conversation few days ago with
a gentleman recently returned from New
York, who is prominently identified with
the commercial and railway interests of
the southwest, the following facts were
gathered, which have, in the main
been established bv recent adyices received
here from New York. This gentleman
stated that while in New York he was in
consultation with Messrs. Pierce Il Hunt.
ington aud WAS informed by them that
they would personally attend the meating
oi the board OF directors of the Hons.
ton X Texas Central rail way, to be
held in Houston May 7th, and that
by virtue of the purchase of the Morgan in
lerest 10 that railway II formal transfer of
the railway and franchise would he made
10 the Huntington ~ Indicate and new
board OF directors elected who would merge
he Houston & Texas Central into the
southern Pacific system OF railway that
shortly thereafter, in conformity with the
terms OF the same purchase, theGulf, Western
,'"", ~ pNihN runway running rom IN
dlhnola to Cuero, and the Morgan RAILWAYS
IN Louisiana, together with the Morgan
steamship interests in the southwest would
pass into the hands of the same syndicate
and be controlled and operated bv them
that this would be followed by the
transfer Of the headquarters of M0rgan's
steamship lines from Morgan City to Gin.
ton on Galveston bay, the present terminus
oi the Houston Il Texas Central railroad,
ana that nll steamers now plying westward
along the Texas coast and to Vera Cruz.
Mexico. will receive their New York and
New Orleans freights at Clinton, which will
become the distributing point for fir, ieht
III transit from and to Texas and Mexican
ports. The gentleman stated that this |
change would be mad because the con. |
sumption of coal and other expenses con.
heoleu win the steamship run
between Morgan City and Calves
ton exceeds far the amount OF
freight carried the railroads haul, and that
both Huntington and Pierce have assured |
him that the whole freight business could |
be handled more cheaply and expeditiously |
ny rail- from New Orleans to Clinton, and |
thence by steamer TO Texas and Mexican |
coasts ports, than 1t can be done |
under the present system, and |
that the steamers now engaged in the trade |
between Morgan City and Galveston would |
be placed in the southwestern coast trade. |
thus increasing the service between India.
nola, Corpus Christi, Biazos, San.
tlago ami MEXICAN ports, the |
business of which is rapidly increas.
ing IN volume. What effect this change
would have upon Galveston in CONNER
clal sense, the gentleman declined TO say.
only that he believed it would be favorable |
instead of detrimental. This purchase |
and transfer of Morgan's interest, giving |
the Huntington syndicate not only |
control OF important 'alway lines |
IN Texas and Louisiana, but |
the merol ant marine of the
gull, which has hi herto largely been con. |
irollod by Morgan's steamships, IS believed
to be the prime cause of Gould's visit to
Texas and his open declaration of
war upon the Gulf Colorado Il Santa
re, which, while now confined 10
the passenger traffic will ulti.
mately extend TO the freight business for
the purpose OF compelling that company TO
sell out or virtually submit to be bottled
np by the Gould lines, BY the possession
OF the Gulf, Colorado & Santa Fe railway
and the establishment of lines OF steamship |
between Galveston and the Mexican gulf
ports, Gould can successfully compete with !
the Huntington syndicate for the south. |
western trade; otherwise, not. Devotion. |
ments will be eagerly looked for.