The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-11-29

a little piece of information OF which ne
became possessed before leaving New York.
1t was that Mr.. Gould told him that he
would give to the Richmond Terminal com
bination all the business of the Missouri Pa
cific al Kansas CITY and all the business of the
Texas Pacific through Memphis. Mr.. Hall
said that the business that Mr.. Gould would
thus offer TO the Richmond Terminal is i'm
mense and that it would seek an outlet on
the seaboard over the three combinations OF
the Richmond Terminal. This business
heretofore did not come in this direction.
Mr.. John c. Calhoun, in answer to re-
peated calls, said that he had been working
for years to consolidate the southern rail-
WAYS because he believe ed that the interests
of the south would be greatly promoted by
such a consolidation. He regretted, how
ever, that his efforts to promote the interests
of the south from a railway standpoint were
met BIZ hostile decisions and threatened
hostile legislation
EFFECT OF JUDGE sPEER's DECISION.
The Richmond Terminal had arranged
through Dexel Morgan 81 Co., to float
s., 600, 600 bonds. With those bonds it was
proposed to build the Eden aHd Columbus
railroad and to increase the Ocean steam
ship feet, but owing to Judge Speer's decis-
ion the bords could not be placed, and hence
the Richmond Terminal is compelled to
rescind its order for building one Of the
steamships it ordered, and is prevented
from building tue Eden and Columbus rail
road. When Drexel. Morgan & Co. agreed
TO float the IS 600, 900 bonds, it was under
stood that the Eden and Columbus railroad
was to be built but when it became evident
under Judge Speers decision that the Cen
trail railroad could not build that
road, Drexel, Morgan & Co. withdrew
from their agreement. Mr. Calhoun said
that in order to develop these enterprises
ar hoy va n nFdnr n Crf.t
money there must not be hostile legislation.
p All the Richmond Terminal want, he
said, is fair play and fair treatment, and
it will do more for Georgia and the south
than it promised to do. Mr.. Calhoun spoke
at considerable length giving the history
of the Richmond Terminal and outlining
its purposes
Mr. c. D. Owens responded to repeated
calls, and made a very bright and enter
tanning speech, as did also Col. Mercer and
Judge Harden, Mr.. Bloodworth and several
other gentlemen. Mr.. G.. Partridge re-
sponded for the press, in a bright and witty
speech that was received with much ap-
plause.
The dinner was success. 1t was credita-
BILE to these who had tie management of it,
and was served in excellent style. The
guests were at the table about two hours,
but the time passed so pleasantly that it did
not appear to be half that time. After din
ner the guests were taken in hand and
still further shown about the city.
THE TERMINALS POLICY.
A talk after the dinner with Mr. Inman
Mr.. Calhoun and Mr.. Hall left the impress
sion that they propose to use every effort
to build up the properties under the Rich
mond Terminals contract. They say that
they are bound to make their investment
profitable one, and to make their securities
valuable they must make the railroads in
the Terminal system valuable. They can
do that only by developing the country
tributory TO their roads. This they propose
to do by inducing immigrat on, by building
branch lines and by every other means IN
their power, stimulating industries. They
do not propose, apparently, to give any one
of the ports in their system,
Savannah, Brunswick and Norfolk, any I'M
due advantage over the other. They pro-
pose to let business which naturally belongs
to Brunswick go there, and also that which
belongs to Savannah and to Norfolk go to
those ports respectively. They say, how
ever, that with their connections with the
west, and the additional advantages in
other respects which they will be able to
control, will greatly increase the business at
all the ports.
THE COURTS AND LEGISLATION.
They are a littleuneasy now about the
hostile attitude of the Georgia legislature
and Of the courts. They believe, however,
that they will be able to overcome all OBJ
stacles from these sources, because they will
make it apparent that they do not mean to
damage any interests of the people. They
hope to gain the confidence of the people to
such an extent that they will receive the
encouragement of the courts and legislature
rather than their opposition. If they do as
fairly as they talk, there will be no reason
to regret their control of the railroads of
this part Of the south.
The party left last night for Columbus.
Mr.. Inman said just before he left that
Savannah has nothing to fear from the
Terminal people. Their policy will be fair
and liberal. Their purpose will be
the s seRb o o1d in up That and d nyos
the interests which the company has here.
Mr.. Inman said that he was glad of the
opportunity to visit Savannah and talk
with the business men here, and he was
highly gratified and pleased with his visit
and everything that he had seen.