The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-03-27

w. ]. Crsigg, Receiver OF the T., G. and st.
L.. is in the city on official business.
The impression prevails that Vanderbilt
owns q controlling interest in the Bee Line.
This is not the case. He owns but 1900 Of
the $50. 600 shares constituting the capital
stock OF the road.
1t is claimed that the l., E. and St L.
management is allowing the Evansville,
Rockport and Jasper branches of the road to
run dow to the lowest degree of wretch
ednets.
Emigrant travel is growing heavier, and
will begin in earnest about April l. The Bee
Line and Vandalia are securing a large
amount Of this class OF business, and Ii is
understood that the various roads will soon
begin running land excursions again.
This Peoria, Decatur and Evansville, Louis
Vile, Evansville and st. Louis Air Line,
Louisville and Nashville and Evansville and
Terre Haute Roads have come to the front
with Joint freight tariff No. 1 naming the
six classes and grain and lumber rates TO all
the principal points in Indiana, Ohio, 1lli-
nois and Michigan. The Z. and T. receives
no freight for Greenup, Matoon, Sullivan,
Decatur and Lincoln, H., and the p, ID. and
(. receives no freight from Vincennes, Terre
Haute, Dauville and Watseka. The rates are
very low, and are governed by the Middle
and Western States classification.
1--WE have been particularly fortunate this
year, so far as accidents are concerned"
said a Bee Line official yesterday. I'VE did
not have a bad accident or collision on our
road during the entire winter, notwithstand-
ing the fact that the deep SHOWS and intense
cold weather had a demoralizing effect on
the railroads throughout the country. There
is no Goubt, however, but the winter found
Us with a road-bed and track in as good con-
dition as money and labor could place
them" The Bee Line certainly is in splen-
did physical condition, for men who travel
Thousands of miles every year say that is q
pleasure over the main line proper aud all
divisions.
Barely one new railroad project has filed
articles of incorporation with the Secretary
OF State since the beginning Of the present
year, and the outlook for railroad construc-
ton is not as bright as it might be. The
very fact, however, that the projectors of q
road with bright prospects" have it incor-
porated, does not indicate that that line
will be built. Not by any means; for If it
did, Indiana could boast of nearly 100 more
roads than she does. Day after day last
year and the year before, railroads were in
corporated. not one-third of which have
ever been constructed. The projectors al
ways depended pom subsidies from the
towns through which the proposed road was
TO pass, and In nine cases ont OF ten their
fond hopes were biighted by the refusal of
those " TO give up the Int OF money
demanded. The project, therefore, went
glinmeriDg, destined TO remain a 'paper"
railroad forever. Notwithstanding, it is
SIT gulsr that the railroad fever has died out
SO quick.
Now comes the information from a relia-
bic source that Austin Corbin, President Of
the l., B. and W., has practically secured
control of the bonds of the Toldeo, Cincin-
natl and st. Louis Nsrrow.gauge and that
the ST. Louis division will be in the hands
of The l., Il and w. people before the eud
of Il e coming summer. In eighteen months,
a local railroad man says. this line will be
standard gauge from Kokemo to East st.
Louis. At present the line is In anything
but fair condition. 1t is now laid with
~forty-pound English steel rails and six foot
ties, which will have to be torn up. IL will
cost the l., B. and w. about $4,000 per mile
10 convert the road into a broad.gauge and
thoroughly equip ii. but they can well afford
to do this, for it will give them a splendid
outlet to st. Louis. Connection is made
with the T., @. and st. l.. at Veedersburgh
and Notwithstanding the fact that the l., b.
and w. will have a longer haul than either
the Vandalia or /. and st. l.. they will COM
pete sharply for st. Louis business and no
doubt secure a good portion OF ii.
BIG FoUR EARNINGS.
Mr.. +. f.. Osborn, Treasurer OF the Cincln.
natl, indianapolis, st. Louis and Chicago
Railway Company, makes the following com
p~arative statement OF approximate earnings
for third week of March:
Actual Approxima'e e.