The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-10-11
The East Tennessee, Virginia &
Georgia's Aggressive Policy.
A Movement in Which Memphis Is
Much Interested.
The Georgia Pacific To Be Paral-
leled Into Savannah.
Kansas City To Be Given New Line
to New York-What Memphis
VIII Gain-Local and
General News.

New YoRK, Oct. l0.-The Times SAYS:
Just as the big rate wars in the west APP
proach settlement fight breaks out
among the railroads OF the south. Threats
have been heard for some time. Yester-
day there came what amounted practically
to an official announcement of it. The
East Tennessee, Virginia & Georgia COM
pany, backed by the controlling powers OF
the Richmond Terminal company, comes
to the front as the aggressor. The Georgia
Central-richest OF all the big southern
roads-has the other end Of the fight, and
If plans publicly proclaimed are carried
out there will be bitter contest, and one
that continued to its desired aims will in.
volve perhaps the loss Of millions of dol
lars.
Briefly told the East Tennessee, Vir.
ginia 4 Georgia company proposes to par
allel the Georgia Central road into Savan-
nah, and not this only, but carrying the
war to bitterer ends, the East Tennessee
proposes TO establish line OF its own
steamships to compete with the ocean
steamship company running between
Savannah and New York.
This sensational plan was discussed and
agreed upon at a meeting OF the East Ten
nessee, Virginia 4 Georgia board OF dircc-
tors held in Wall street yesterday. A reso.
luton was adopted unanimously directing
President Samuel Thomas TO put an engi.
neer corps in the field at once TO survey a
line from Eastman, Ca, on the East Ten.
ncsse road. direct into Savannah, and 10
negotiate ut once for the purchase OF four
large ocean steamships TO compete for Sa-
vannah-Ncw York business. There was
no opposition TO the scheme. Every di.
rector present declared readiness for this
aggressive program.
Though the plan proposed nothing
OF serious war between the two strong COM
panies, the friends Of the East Tennessee
road insist that their only purpose is TO
conserve their proper,y's best interests
There are profits for the road, they insist,
for the extension, and in explanation OF
the steamship project they point 10 the
often declared TACT that the best paying
property that the Georgia Central owns is
the New York and Savannah steamship
line. Tho Georgia Central railroad has no
right to the monopoly, they suggest, AMI
the Tennessee, in pushing lor ,fl to got
Is share Of such .,aii ible tral.e b mclc'y
pursuing a policy OF progrcssiyones. lis
not thus the East Tennessee concern il
the Georgia Central suffers, so long o. the
cause OF that suffering means ut the
same time much increased pros.
perity Tor ihc Fast Tennessee.
The proposed extension Of the East
Tennessee TO parallel the Georgia Central
will have 10 be- only 100 miles long. II
built Il will give the East Tennessee no,
only scaboard terminus az Savannah.
but will open opportunities Tor the hand.
ling OF northwestern traffic by connections
that Us Memphis * Charleston line gives
Il at Memphis, creating for Kansas City u
new route 10 reach New York by the ~,
OF the facilities OF the new parallel aud the
proposed Savannah water route north, and
aside from this event the projected lin,
will open mp 20 competition prohtab,,
territory in Georgia whore now the Cen.
tral road enjoys a monopoly. There wi,
BE- asionshmCnt Ia the railway world Oyyl
the plan officially announced.