The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-11-24
FIGHTING FOR The SOUTH
THE b. & o. AND THE PENNSYL-
WANNA ROAD.
The Systems They Are COntending
for In Order TO 5 seure the
Mastery.


cial from Washington to the World
says: A gentleman from Cincinnati,
who has for a number OF years been
prominently Conntcted with the Rail
road tystems in Ohio, and who is
perhaps as close to President Robert
Garrett OF the Baltimore and Ohio
as any person noe q member OF his
official family, has said to represent
alive Of the World that 4ew de-
paIture Of tho B. q o. system might
soon be expected. In bret, the b. q
o. are negotiating for lines leading to
the Southern territory. Since the b.
& o. lost control OF the Ohio and
Mississippi, which gave it an Outlet
TO the Mississippi river, and beyond
and through the friendly relations
with the Illinois Central an oppor-
tunity for a fair proportion OF the
traffic from the South an abrupt
terminal has been forced at Cincin-
natl. The Ohio and Mississippi,
which is now in control oil the Erie,
max es it hostile line to the Interests
of the b. & o. with little inter-
change OF traffic at compel
tive points. Mr.. Garrett seeing
the necessity of FL ding an
outlet to the South for the necessary
traffic with which to feed the North
ern system, and make more form d.
abe competition with the Pennsyl-
vania road, which is closely allied
with the Louisville aud Nashville, is
a. work hoping TO either negotiate a
traffic agreement with, or puTchaee OF
the Cincinnati, New Orleans and
Texas Pacific, more generally known
as the Cincinnati Southern. 1t is a
we'll kaown fact among the close
friends OF Mr.. Garrett that on his re-
cent trip 10 Europe he spent several
DAYS in close consultation with Baron
Erlanger and the London Board OF
Directors, who own that portion OF
the Rystem running from Chattanooga
to New Orleans and Marshall, Tex,
and are a, well the lessees Of the Gin.
cinnati Southern division extending
from Chattanooga to Cincinnati. There
are embraced ia the syttem almost
1900 miles Of road, 1886 OF which are
owned by the city Of Cincinnati, and
leased to the syndicate OF English cap
italists owning the balance Of the
system. 1t is also true that the foreign
owners are DESTROYS of disposiDg OF
their holdinge, ss the road, managed
indie pendently Of either OF the east and
west trunk linea, has not, in the last
year and half since its completion
In Texas, paid the expected semi-an-
nual dividend. The conference be-
tween Mr.. Garrett aud the Erlapgers
resulted in proposition to sell the
bonds of the owned road and the
transfer of the lease Of the Cincinnati
division. The matter was quite thor
oughly canvsssed during MIR. Garretts
two months stay in London and Paris.
He has laid the matter before his
Boardsof Directors, and II is under
stood the plan has been received with
much favor. The principal objection
thus far urged ia the present lease OF
the Olnciunati Southern, which, in the
opinion Of the Baltimore and Ohio
directory, is too high rental.
II the present lease can be
abrogated or modified, to reduce the
rental, there is no ooubt but that the
proposition will be accepted. Il was
at the same conference that Mr.. Gar
rett secured the right to operats the
Baltimore aud Ohio express over The
Queen and Crescent system. With
the acuuirement of this system it will
place The Baltimore and Ohio upon
equal footing with the Pennsylvania,
who are contemplating a purchase or
lease OF the East Tennessee, Virginia
aud Georgia system for an indepen-
dent entrance to the South and South
east. Now that the Baltimore and
Ohio have an entrance into New York
the Pennsylvania people believe 1t
necessary to get controlling interest
in the L lat Tennessee in order TO pre-
vent q traffic agreement being made
with the Baltimore and Ohio from
Shenandoah junction or Washington
into New York, the Pennsylvania now
Toying this feeder at Harrisburg.
Another meeting OF Baltimore and
Ohio directors viii be held to further
consider the matter within few days.
II is probable the negotiations will be
terminated by the lst OF January.