St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-11-24
THE BALTIMORE & OHIO.
Plans for Securing a Southern Out.
let..Th he staten Island Terminus.

let-.Th he staten Island Eerminus.
NEW YORK. Nov ga special from
Washington says that gentlemen from
Cincinnati, who has for a number of years
been prominently connected with the rail
road systems of Ohio. and who is perhaps
as close to President Robert Garrett, of the
Baltimore & Ohio road, as person not
member of his official family. said a new
departure of the Baltimore IL Ohio system
might soon be expected. In brief, the Bal
timore & Ohio people are negotiating for
lines leading to the southern territory, Since
the Baltimore d Ohio lost control of the
Ohio q Mississippi, which gave it an outlet
to the Mississippi river and beyond, and.
through the friendly relations with the
Illinois Central, an opportunity for fair
proportion of the traffic from the south, an
abrupt terminal has been forced at Cincn-
natl. The Ohio IL Mississippi. which is in
the control OF the Erie, makes it hostile to
the interests of the Baltimore & Ohio with
little interchange of traffic at competitive
points. Mr.. Garrett sees the necessity of
FINDING AN OUTLET
TO the south for the necessary traffic with
which to feed the northern system and
make more formidable competition with the
PENNSYLVANIA road. which is closely allied
with the Louisville 81 Nashville and is at
work hoping to negotiate traffic agree
ment with, or a purchase of, the Cincn
natl, New Orleans & Texas Pacific. more
generally known as the Cincinnati Southern
or Queen and Crescent. 1t is a well known
fact among the close friends of Mr.. Garrett
that during his recent trip to Europe
he spent several days in close COM
municaton with Baron Erlanger and
the London board of directors who
own that portion of the system run
ming from Chattanooga TO New Orleans
and Marshall. Tex, and are as well the
bosses of the Cincinnati Southern division
extending from Chattanooga to Cincinnati.
There are embraced in the system at most
l. 200 miles of road. 1856 of which are owned
by the city of Cincinnati and leased to the
syndicate of English capitalists owning the
balance of the system. 1t is also true that
| the foreign owners are DESTROYS of dispos
ing of the holdings. as the road managed
independently of either of the east or west
trunk lines has not in the past year and a
half. since its completion into Texas paid
the expected semi-annual dividends. The
conference between Mr.. Garrett and the
Erlanger syndicate resulted in
A PROPOSITION TO SELL
the bonds of the owned lines and a trans
! fer of the lease of the Cincinnati Southern
division. The matter was quite thoroughly
canvassed during Mr.. CARROTS two months
stay in London and Paris. He has had the
matter before his board of directors and it
is understood that the plan has been re-
| ceved with much favor. The principal
objection thus far urged is the present lease
! of the Canada Southern, which. in the
opinion of the Baltimore & Ohio directors,
! is too high rental. If the present lease
can be abrogated or modified to reduce the
rental there is no doubt but the proposition
will be accepted. 1t was at the same con-
ference that Mr.. Garrett secured the right to
the operation of the Baltimore & Ohio eX
press over the Queen & Crescent system.
With the requirement of this system it will
place the Baltimore d Ohio upon equal
footing with the Pennsylvania, which is
contemplating a purchase or lease of the
East Tennessee. Virginia & Georgia sys-
TEN for an independent entrance to the
South and Southeast Now that the Bal