The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-11-17
II The Inauguration Of Harrison is to be
made an extra great occasion.
THE TERMINAL POLICY
As Set Forth by President John II.
Inman

As Set Forth by President John II.
Inman.
NEW YORK, Nov. II, 1888.
Editors Atlanta Constitutions
Many inquiries having come from the
South relative to the plans and purposes
OF the Terminal Company, take the lib
erty OF making the following statement:
As soon rs practicable we expect to
establish in the State Of Georgia a special
buieau to take cognizance Of and deal with
any new enterprise that may be projected
along the lines Of the Terminal system,
and by every means in our power stimu-
late and develop the industrial growth OF
the South. My honest opinion is that by
these means the country and the railroads
will receive a mutual benefit, for nothing
is truer than the fact that whatever bene-
fits the country, benefits the railroads,
and that the true growth of each Is along
parallel lines.
recognize the fact that there IL reason
ably much prejudice against the unifica-
ton OF the different Southern systems,
the idea prevailing that they are being
compacted into vast monopoly which
will overshadow the country and drain ii
OF its substance. This, l think, however,
is mistaken idea, and especially
mistaken idea as TO the man
agement Of the Terminal property,
for IL Is in the hands OF men
who have the mutual interest OF the rail-
roads and the country at heart. Besides
the people are protected by the different
State Commissions and the Governmental
Commission, and have their remedy
should any abuse prevail. 1t can be easily
IL, fa1 al h,,t al ~
these railroad systems better service can
be rendered, expenses decreased rates
cheapened, and the general prosperity OF
the country better served.
II is nottrue that the Terminal Company
Is endeavoring to crush out the building OF
railroads, and IL Is especially untrue that
we have any purpose OF trying TO secure
either by purchase OF lease, the control Of
the Western & Atlantic Railroad, the prop
erty OF the State OF Georgia. There is
room for all, and the growth and devel-
opment OF the country will soon justify
the building OF almost any railroad
that comes into existence. Feeling as
do in this matter, and feeling my ability,
aided by the gentlemen with whom | am
associated, 10 be Of important service TO
the South, | think we are entitled, at the
rying ont undisturbed our plans for the
their right 10 complain orremedy anything
that may SAVIOR OF injustice, or has even
the appearance Of oppression.
As have said before, IL is our purpose,
through the agency Of the roads controlled
by the Terminal Company, 10 try 10 build
up the industrial interests OF the South,
- In. lar. In. fact t.r.
am especially DESTROYS, not only on &C.
count OF my interest In that country, but
ON account OF the ultimate interest OF the
railroad system, 10 build up manufac.
turing, which means TO build up
the interest OF the railroads, transporting
their products, 80 that am anxious 10 &C.
complish these results along the lines con.
trolled by the Terminal Company. II
Ia estimated that the one corpora
ton Of the Tennessee Coal and Iron
Company, situated ON the line oI
the Louisville * Nashville system, with
| its ten iron furnaces and It's immense
ore, coal and coke business requires the
| transportation service Of half as many cars
"a are required 10 transport the entire cot
ton crop OF the South from the interior
shipping points 10 the seaboard, and this
corporation ~ only an example Of many
similar industries springing up in Tennes
see and Alabama.
What has been done In these States can
be done by building up other and NOR,
varied industries in the States Of Virginia
North and South Carolina and Georgia,
and the field in Tennessee and Alabama Il
as yet only partially developed.
1expcct very soon 10 have a consulta'
ton with the heads Of the Richmond
Danyillc, the East Tennessee, Virginia a
Georgia aud the Central Railroad systems
TO offer special Inducements In the
way OF side tracks, short branch
roads, long.term contracts, and cheaI
freight. and TO endeayor In every way pos
siblo 10 stimulate the erection OF new
manufacturing plants, and the building az
and strengthening Of those already in ex
istoncc. Also by lowering Immigrant
rates and 10 mako inducements for settler
10 come into the South, aud help built
her up. JouS ii. IMAM.
|