Savannah morning news. [volume] (Savannah) 1868-1887, 1886-02-05
4 ROAD TO THE SOUTH.
IANlEsv1LLE AND WASHINGTON
pURCHAsED BY A SYNDICATE.

Gas Trustees James McManes and Jas.
work. city Councilman John Bardsley,
n. r. Feuton, Il. A. Gaskill, w. II. Goodin
andR. NJ. Evans have gone into the rail-
road business in one of the Southern
States, with far-reaching possibilities IN
the future. tft
The seven gentlemen compose syndl-
cate which has purchased the JamesVlile
and Washington railroad, OF North Caro-
lima. They are to begin relaying the road
at once with new 60.pound steel rails,
and are to run two trains day from each
place. 1t is also stated that the same
syndicate contemplate making running
arrangements with the Norfolk and West
ern railroad and to apply for charter to
run a road from Buckland to GAINESVILLE,
Gates county, and from Washington 10
Goldsboro, and thence on TO wilmington.
esWhat is the meaning of this syndicate
noyement?o was asked OF prominent
official Of the Pennsylvania railroad yes
terday.
VI at a fight on the Atlantic coast llne,"
was the reply.
u A COAST LINE FIGHT.
The official continued: "The Pennsyl-
vania Railroad Company have an AMIGA
Encouragement with two combinations
which compose the Atlantic coast line
and ticket over those roads. They are
the Wilmington and Weldon, the Will
mington. Columbia and Augusta and the
Northeastern Railroad Companies form
ing one combination, and the Charleston
and Savannah, the Savannah, Florida ana
Western and the East Florida the other.
Before reaching the Atlantic cOast line,
passengers pass over the Philadelphia,
Wilmington and Baltimore, the Baltimore
aud Potomac. the Alexandria and Fred
ericksourg, the Richmond. Fredericks-
burg and Potomac, the Richmond and
Petersburg and Petersburg railroads. The
first three roads are controlled absolutely
10y the Pennsylvania railroad.
ssThe New York, Philadelphia and Nor
folk road, which runs through the peach
country in Delaware and the eastern
coastwIse peninsula Of Virginia, has
connection at Norfolk with the Norfolk
and Western railroad. which leads out to
Roanoke, Atlanta, Bristol. Chattanooga,
Memphis and points in the Southwest.
1t also has connection with the Chesa-
peake and Ohio railroad, at Old Point
Comfort, for points in the West and
Southwest.
PLAN FOR THE FUTURE.
"At Portsmouth, across from Norfolk,
IL has conneotionwith the SeabOard and
Roanoke Railroad, and over that it reaches
the Atlantic Coast Line at Weldon. The
SeabOard and Roanoke road is controlled
largely By the great steamboat lines CEN
tering at Norfolk. One of them, the Old
Dominion Steamship Company, a very
important organization, has found that 10
cannot successfully compete. either In
freight or passengers, with the New York.
Philadelphia and Norfolk Railroad Com
pany, whose terminus IS at Cape Charles.
M Ro,hF i hn NFpa Tn,a4
Of the Old Dominion Steamship Company
and President of the Seaboard and Roam
Oke Railway Company"
''What has this to do with the Mechanics
Work railway syndicate?' was asked.
SONY this-sOme day that amicable ar
rangement of transfers over the roads
mentioned might cease and then Mr.. Nc
Names and his colleagues, having COM
pleted their lines, would he able to say TO
the Pennsylvania railroad company or to
the New York, Philadelphia and Norfolk
company, Here, gentlemen, take our
roads to get Southwark
''Do you think the Pennsylvania rail-
road is backing the McManes- w ork syn
dlcatep was asked.
sit looks that way" was the reply.
Railroad Expresses Decided Failures
The New York Herald, in its report Of
the meeting of the stockholders commit
tee Of the Reading railroad, gives in fun
the committSs'i report of the history OF
the operations 81 that road. Speaking Of
the express business which is done by
the road itself, the report says:
''The company runs an express SER
vice of its own throughout the territory
covered by it's lines Of railway. This is
not separate organization, its entire re-
ceipts, after pay ment Of expenses for
rents, salaries and wages, maintenance of
horses, ETC., being turned over to the
treasury of the. company. In the year
1884 its gross receipts amounted to $42S,-
600. and it's net profits were stated to be
Sl63,OOO. Upon examination by the
committee il was found that moth
ing Is charged against the gross receipts
for transportation, whereas 40 per cent.
is the usual charge for that service made
by other companies; that at point COM
petitive with other express companies the
railroad employees handle the express
matter and are paid extra therefor, which
however, is not charged against the eX-
press business; that express freight is
carried on any and all passenger trains,
and that any loss or damage arising from
aeeidentais chargeable TO the railroad
company and not against the reserve
fund, which il is customary to maintain
for such PURPOSES
III the ~ per cent. OF the gross earnings,
the usual amount paid for transportation
by theTeouiar express companies TO rail
road companies, had been charged against
the gross receipts il would have shown
loss In the express business to the road of
The Lynchburg Nelcs gives the annual
report oil the Richmond and Allegheny
railroad, another road which does its own
express business. The gross earnings
from express were $l9,666, and the EEK
penses for conducting transportation of
express" were $l3,562. Now, il the 40
per cent. OF the earnings were charged
against the expenses, il would show that
the road had operated the express bust
ness at aloss OF 81 ,I62 to- the stock holders.
From the reports Of these two roads 1t
would appear that so far as pecuniary
benefits are concerned the railroad ex-
presses are decided failures.
StiiI Making Rates.
The differences that were discovered TO
exist between the Cincinnati Southern