The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1888-11-29
RAILROAD MEN AND THE SOUTH.
Interview with the Directory of the "New
Deal'-Rosy Opinions About this
Section.

Special 10 Augusta Chronicle.
New YORK, Nov. 2l.-Since the Ia
tional election politics have so domi-
lated popular discussion and crowded
the columns of daily newspapers that
attention has been comparatively di-
verted from other subjects.
The recent developments in Southern
railroad affairs involve a question OF
more immediate concern to that Sec
ton than the underminable problem of
what the policy Of the Republican party
under General Harrison will be.
The former is positively get-at-able,
while the latter is matter of purest
speculation.
4 vital question to the South to-day
is: What is going to be the policy of
those men who are in control of the
Richmond and West Point Terminal
company, under whose chartered
rights several of the South's most im-
portant railroad systems have lately
been allied? To the determination of
that question have applied myself in
dustriously.
Mr.. George S. Scott, president of the
Richmond and Danville, says: "The
various railroads now embraced in the
Terminal system have been brought
together on strict business principles.
The inducements which have led to
this policy are founded IN the practical
science ofrailroading. The recent COM
binations have been made in the fur
therance of cooperative management,
and for the substantial benefit of all the
properties involved. It is in no sense
a step towards Objectionable monopoly,
nor a plan to avoid. legitimate compe-
tition. 1t is guarantee for more ef-
fieient service, greater transportation
facilities and vastly improved passen-
ger accommodations, while at the same
time it insures material reduction Of
operating expenses. The gentlemen in
control of the Terminal company have
very large investments in the South
aside from their railroad interests, and,
therefore, they could ill afford to adopt
any polio! that would initiate against
the material development and indus
trial progress of that section"
General Samuel Thomas, president
of the East Tennessee, Virginia and
Georgia, says: II have never seen
anything in railroad management that
was mored warranted by the demands
of the various interests at stake than
the combination of the several lines
now embraced in the Terminal system.
The alliance is natural and thoroughly
justified by an honest consideration for
all concerned. The good results will
be manifold, not only to the roads
themselves, out to the entire territory
through which they run. The future
prosperity of the railroads will neces-
sarily depend upon the future pros
perity Of the country they traverse,
and, therefore, all who are interested in
the Terminal company have CORES
ponding interest in the material devel-
cpment and enterprising Growth at the
South.
"The thinking people of Alabama,
Tennessee and Georgia no doubt ap-
preciate to-day that the recent develop
ments in Southern railroad affairs show
conclusively the power of attraction
which those States have. Their splen-
did material resources and marvellous
natural advantages have already in
duced the investment of millions of
money, and the policy of the Terminal
company will be to assist in the fur
ther development of their vast mining
interests and their manufacturing in
dustries."
Judge w. S. Chisholm says:
II thoroughly appreciate all that has
been recently done by the Terminal
company. I believe the consolidation
to be founded in wisdom and justified
by law. It's no covert attempt at mo-
nopoly nor any combination against
new railroad enterprises. 1t is con-
servative policy for the mutual benefit
and advantage of all. It will result in
the maintenance of uniform and fairly
remunerative rates, which is only just
to the immense amount of capital in
vested in the properties. At the same
time, it will insure to the travelling
public and the shippers of freight bet
ter accommodations and greater facili-
ties. I cannot see how it will work
any injury, private or public; but, on
the contrary, verify believe all in
terests will be more satisfactorily and
proftably subserved."
Mr.. James Swami says: My 10y
atty to the South and her best welfare
would absolutely prevent my acquies-
cence in any matter that l did not con-
scientiously believe to be for her good.
I Heartily endorse the consolidation of
the roads embraced III the Terminal
system, because I consider it condu-
Give to more harmonious, economical
and efficient management Of the scv.
eral properties, AMI believe also that it
will tend to promote the industrial de-
velopment of the South by inducing
additional capital from here for that
purpose"
Colonel Calvin S. Brice says: "The
railroads now embraced in the Term
inal system represents capitalization
Of over a hundred million of dollars,
and the men now in control of that
company own more more than half of