The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-11-22
DIXIE AND THE BIG DEAL.
THE RAILROAD MAGNATES SAY
SHE WILL BE A GAMER.
President Scott soys the Step is Not

President Scott Soys the Step is Not
Toward Objectionable Monopoly
Improved transportation Facilities
Guaranteed OF Less Cost to the Roads
Judge Chisholm Says the Deal is
Legal.
New YORK, Nov. 81 The MORNING
NEWS correspondent to-day asked mum
Der of the leading men of the Richmond
Terminal system what the policy of that
system is to be, with the following result:
George S. Scott, president of the Rich
mond 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 of rairoading. TIE recent
combinations have been made in further
ance of cooperative management, and for
the subs antial benoit of all the properties
involved 1t is IN no sense step toward
objectionable monopoly, nor plan to
avoid legitimate composition.
WHAT 1T GUARANTEES
ut i; a guarantee of more efficient
service, greater transportation facilities ami
vastly improved passenger accommode
tions, while, at tho same time, it insures
material reduction of operating expense
The gentlemen in control Of the Terminal
company have very large investments in
the south asiae from their railroad in
terests, and therefore they could ill afford
to adopt any policy that would initiate
against the material development and in
duStrlal progress of that section
WHAT GEN. THOMAS SAYS
Gen. Samuel Thomas, president of the
East Tennessee, Virginia and Georgia, SAYS:
II have never seen anything IN railroad
management that was more 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 jus
titled by an honest consideration for ali
concerned. The good results will be mani
fold not only to the roads themselves but
to the entire territory through VIII ch they
run. The future prosperity of the railroads
will necessarily depend upon the future
prosperity of the country they traverse,
and, therefore, all who are interested in the
Terminal Company have corresponding
interest in the material development and
enterprising growth of the south.
ATTRACTIONS OF THE STATES.
1.-THE thinking people of Alabama, Ton
nessee and Georgia no doubt appreciate to-
day that the recent developments in south
ern railroad affairs show conclusively the
power of attraction which those states have
Their splendid material resources, and mar
velous natural advantages have already in
duced the investment of millions Of money,
and he policy of the Terminal company
will be to assist in the further development
of their vast mining interests and their
manufacturing industries"
JUDGE CHIsHoLMs VIEWS.
Judge w. s. Chisholm says: 81 thor
oughly approve all that has been recently
done BY the Terminal company / believe
the consolidation to be founded in WISDOM
and justified by law 1t is no covert at
tempt at monopoly nor any combination
against new railroad enterprises. 1t. is a
conservative policy for the mutual benefit
and advantage of all. 1t will result in the
maintainance of uniform and fairly re-
munerative rates, which is only just to the
immense amount of capital invested in the
properties. At the same time, it will in
sure to the travelling public and the ship
pers OF freight. better accommodations aud
greater facilities / cannot see how it will
work any injury, private or public, but on
the contrary, | verify believe all interests
will be more satisfactorily and profitably
subserved."
MIR. SWAMI > LOYALTY TO THE SOUTH.
James Swami says: "My loyalty to tho
south and her best welfare would absolutely
prevent my acquiescence in any matter
that | did not conscientiously believe TO bs
for her good. | heartily indorse the con-
solid ton Of the roads embraced in the
Terminal system, because | consider it con-
ducive to more harmonious, economic and
efficient management of the several proper
ties, and believe also that it will tend to
promote the industrial development of tho
south by inducing additional capital from
here for thaSpurpose."
COL. BRICE ON THE INTERESTS AT STAKE
Col. Calvin S. Brice says: "fhe railroads
now embraced in the Terminal system rep
resent a capitalization Of over 500, 100000,
and the men now in control of that com
pany own more than half of its capital
stock. And yet their interest in the Termi-
nal company is not as large as their interest
in the diversified industries of mining and
manufacture throughout the south. What
better guarantee could be given Of their
faithful intentions than this liberal invest
ment of their money"
President Inman simply says: II have
already spoken freely on the subject you
suggest and could only repeat myself
What my associates have said to you,
thoroughly indorse."
These are men of great fortunes, and
much reputation, and their friends say
they will keep their word as they would
their bond. M. j. "