Savannah morning news. [volume] (Savannah) 1868-1887, 1886-08-31
NOT MUCH OF 4 SCOOP.
LEsS TALK ABOUT THE CEN
TRIAL BEING GuBBLED UP.

"
Some ofthe stories That Were Tut IN
Circulation Concerning the Alleged
LouisviIie aud Nashville Dsai-"hy 1t
Would be Impossible to Get Control
of the CentTal-Gossip About tine ~
lumbus and western Extension
The talk about the Louisville aud Nash
vile railroad having scooped the Cen
trial appears 10 be dying oUt. The lualbeI
yesterday Was quiet and the stock was
firm al 9S5z, malt point higher tran II
was at the close last week.
The latest in regard to the scoop IS
from Atlanta. In an interview purport-
ing to have taken place there, an Official
of the Louisville and Nashville is quoted
by an Atlanta paper as saying: at is a
fact beyond denying that the Louisville
and Nashville has scoOpsd tue Central"
He goes on to say, il he Is reported cor
recty. that the transfer Of the road VIII
take place Sept. and that there Will
be a general decapitation Of the Central
subordinate officials later on in the month.
lie further adds that be does not think
that President RaOul or any OF the higher
officials will he removed at once. hut there
will be a removal OF the subordinate ON
alhIs. beCauHt tue l<Dll-Nlllb duQ -'e'h-
VILE has officials who can discharge their
own duties and the duties Of those subor-
dinates at the same time. The removal Is,
be adds, will be in the interest Of economy.
THING THAT IS IMPOSSIBLE.
All this sort of talk about the Central
beng trans rerred is stud. the only way
In which the Louisville and Nashville or
any other syndicate can get control OF the
road is by becoming "a stockh0Ider, buy
ing up a majority or controlling inter-
est in the stock, and then at the
annual election, which occurs the nrst
Monday in January, electiug new Board
of Directors. There can be no change IN
the management OF the road except in this
way The terms OF office of the present
Board Of Directors do not expire until
January, 1887, and there are not likely to
be any sweeping changes among the
officials before t0en.
THE MAN WHO DID IT.
The man who gets all the credit of
Aaving manipulated the grand coup tor
the Louisville and Nashville is Gen. T..
?. Alexander One story is that the
Louisville and Nashville having an in
teresL in the lease OF the Western and
Atlantic railroad, by which it secured
ingress and egress for their freight 20 and
from the Southwest via Chattanooga, and
the lease OF tue road being about TO eX-
pire IN consequence, the Louisville and
Nashville people realz cd that they must
orange Tor another outlet to the West.
They begun casting about, and finally MT
upon the scheme Of scoOping the Central.
1hey reached this conclusion last spring,
and in Il short time their plan for the deal
was completed. To divert any suspicion
Of their intention Gen. e. p. Alexander,
of Augusta, was secured, and be was
sent b. London % buy sufficient stock to
give the Louisville aud Nashville a con-
trolling interest IN the Georgia line. Gen.
Alexander sailed for London armed with
millions, and IL a short time ne secured
his prize. Some OF the stOcA com mRnded
prices ranging from 800 TO $l05, but
money was not considered in the deal.
AN OFFICIAL DENIAL.
This is one Of the many stories that are
Afloat telling how it was done. Now a
director of the Louisville and Nashville
comes 10 the front and SAYS that II ia not
true that this road is seeking to acquire
control of the Central. The latter is med
itatiug extensions, and should they be
built the Louisville aud Nashville Com
PAW. be saws viii be pleased to make
Traffic arrangements. Tue policy OF the
Louisville and Nashville is not 10 extend
bur 70 foster the traffic within its own ter
ritary.
here IN any the rumors that have started
concerning the goDDlingup of the Central
by the Louisville and Nashville or any
Jtber rival syndicate.
THE BIRMINGHAM EXTENSION.
The people wbo appear to have been
most active in circulating the sensation
have all the time had something to say
nbout the Good water extension Of the
columbus aud estern road to BirmIng-
ham. IL was given out at first as one OF
The results OF the scoop that the extern
sion would not be built. The Louisville
and Nashville official who WAS inter-
ewed in Atlanta said he thought ii
viii be built. but that IL will not he
allowed 10 feed the Kansas City road. In
birmingham there has been considerable
lalk about the matter. The Birmingham
Age SAYS that diligent Inquiry among the
knowing ones failed TO either confirm or
1ispr0ve the reported purchase. While
general dearth OF anything like
definite know edge upon the sub
jecU seemed 10 prevail, vet there was
quiet under-current Of passive as
sent that leads to the belief that such q
transaction has really taken place. In
TACT one gentleman who knows the ropes
as tho saying Is, as good rs admitted
that some such deal had been made and
later on, when the plans of the Louisville
aud Nashville are fully matured, it wOu d
he given to the public.
LOOKING FOR CONFIRMATION.
Outside OF any expert testimony on the
subject the conviction seems to grow
among the business men that the sale has
been made, and cOniirmatOry evidence Of
this Is looked for every day. In the pres
cut unenlightened state Of affairs al
statements as To what effect the sale will
have upon the CentraPs proposed extern
SION from GOodwater to This point are
merely surmise, pure and simple, aut
until further developments are made il
the matter it is useless to indulge IN them
II Is not at all probable that there vii
be any further developments confirming
what at first was nothing more than
mere sensational rumor.
OFFERING a RAILROAD.