Savannah morning news. [volume] (Savannah) 1868-1887, 1886-06-01
GOING Oh WITH THER0AD
ENGLIsn CAPITAL NOT NEEDED
TO EUILD 1Ar s.. D. AND W.

TO BUILD Ttir. =. d. AND ".
f7,fe Men 4genie Mt uf the Enterprise Not
Iuterested in NIr. Hess Report Z" the
English syndicate-Tne London Ar
rangement Terminated and the Road
tobe Built with American Capital
A representative OF the MORNING
NEWS. as appeared in Yesterdays issue
failed to get anything from Mr.. A. Hess
relative 10 his impressions OF the Sayan-
nah, Dublin and Western railway.
MIR. Hess came to Georgia as the repre-
sentative OF gentlemen in Lon
don who have been considering
the proposition to take the bonds
OF the road at a certain price
agreed upon between them and Mr.. A. 3.
Linderman, President OF the road. ME-
Hess was sent out 10 Georgia by these
London gentlemen to inspect the route oil
the road. and report upon the enterprise
IA an investment. Mr.. Hess doubtless
has his reasons for SAYING nothing OF his
Impressions OF the enterprise at thls tline.
A reporter of the MORNING NEWS
called on Collector 7. +. johnson yester-
day and inquired II he knew anything Of
OF the impressions which Mr.. hess bad
formed OF the Savannah, Dublin ana
Western railway project. Mr.. johnson
lis connected with the enterprise as one OF
1.-THE original incorporates, and Is known
.as its active representative IN this city.
MR.. HESS REPORT.
He said that be knew nothing about
Mr.. Hess impressions. and that he had
seen very little OF him since he returned
from his trip TO Dublin, Macon and
Americus. He supposed, however, that
~ Lya
principals before talking to others relS-
tive TO tae conclusions be had reached
lrespectIng the object of his mission.
Il might as well tell you, however"
said MIR. Johnson, "that the manage
ment Of the Savannah, Dublin and West
ern railway is no longer Interested IN Mr.
Hess or his report. There was notning
binding in the arrangement entered into
between President Linderman and the
London gentlemen whom Mr.. Hess repre-
scents, and finding it to be TO our interest
10 terminate that arrangement, and be-
ing In a position to do so honOra0ly, we
cabled them several days ago that we did
mot wish to proceed with it further. DIT.
Hess was at the same time notified to the
same effect"
NO DELAY IN THE ENTERPRISE.
"WiH the termination Of the London
ARRANGEMENT delay the completion OF the
roadT'
s9Not day. We have already
arranged with a syndicate OF
wealthy Philadelphia and New York
gentlemen. who have control OF
J three times as much capital as we need,
to put the road in running shape. In
fact, were it necessary, Mr.. Simmons, Of
our company, could build and equip the
road without other aid. We terminated
the London arrangement because the
ri utaf l0rnn q To
u.s."
s'Have you anv objections to giving the
particulars OF the new arrangement
There are no particulars to give be-
yODd the statement that the syndicate
now backing the enterprise intends TO
push it rapidly to completion"
''Is 1t true that the Standard Oil Com
PAW is connected with the enterpriseW
81 am not prepared TO answer that ques-
ton. can inform you, however, that
Mr. simmons is a member OF that COM
pany, and 10 backed by the Shell estate
yof New York, which is estimated 10 be
worth in the neighborhood Of $4.00O,000."
PROGRESS OF THE WORK.
What progress has been made with
the gradngr"
"Mr. Furgerson has the contract for
tgrading the first seventy miles from Sa-
fvannah TO Dublin, and now has several
hundred hands at work. Mr.. oatterlle,
Iof Philadelphia, has the contract for
the balance of the road from
dublin to Savannah, aud Is now at work.
The section from Dublin to Macon, you
know, is nearly finished to Jacksonville.
The contract for the complete equipment
of the road as fast as the grading is done
has already been signed by Philadelphia
gentleman, who has just finished the
equipment Of a road in Kansas 100 miles
long,
"The management OF the enterprise,
then. has no concern about Mr.. Hess re-
portY'
''None in the least. Mr.. Hess report
cannot help or hurt the road. | am in
position to know, and tell you you may
have free ride on this road 10 Macon
and Americas on Christmas day next"