The intelligencer. [volume] (Lexington, Mo.) 1887-1891, 1889-03-16
ANOTHER RAILROAD.
Vanderbilt system to BIO Xxx
tended to Kansas city.
From the Kansas City Times.I

lGnu6u 10 AuuouD wy |
From the Kansas City Times.I
The union of the Vanderbilt and Big
Four systems which is at present ex-
citing SO much attention in railroad
circles is of more Importance TO kan-
sas City than would appear at first
glance and will without any question
revolutionize the railroad situation be-
tween the Missouri and Mississippi
rivers and between the Missouri river
and the Atlantic Ocean. In an inter-
view on the subject in Chicago Thurs
day, one OF the Vanderbilt party out
lined the scheme as follows:
1t ia reported that the VanderbIlts
have recently purchased about l5,OO0
shares OF the Big Four stock, the price
averaging 100. This merely gave them
a minority interest. But their purpose
has always been held to be the ultimate
re-capture of the Chesapeake and Ohio,
now controlled by q. p. Huntington,
the Big Four being controlled by
Huntington, Drexel, Morgan u Co.,
George Bliss and M. K. Ingalls,. To
gel The Chesapeake and Ohio they need
the Big Four, which leeds it. Hence
the deal now contaminated 1t will be
extended by making the consolidated
lines jointly lease the Indianapolis and
ST. Louis road, which has long been a
burden 10 the Bee line, its annual
deficit amounting to several hundred
thousand dollars. And the new line
that will be taken into the system will
be the Cleveland, St. Louis and Kan
sas City, which is now in course of
construction. Mr.. Ingalls, will be pres
ident of the consolidated companies.
The combination will take in the Big
Four with 1913 miles OF road, capital
stock SIC, 900, 900; the Cleveland, Col
umbus, Cincinnati and Indianapolis,
1873 miles of road, capital stock 3d.
O00, 600, aud the q. st. l.. & X. c., 2
miles OF road, capital stock $12 ,OO0, QUO.
The leased lines 20 with the rest OF the
property. Ii is not believed that new
capital stock will be issued. Each line
will go into the new combination upon
terms that will give each line q certain
per cent of the earnings OF the COM
bined lines. The Big Four secures a st.
| Louis and Kansas City line. The Van
derbilts get a line to Kansas City. This
line also contributes good terminals at
both Cincinnati and indianapolis.
The Cleveland, st. Louis and Kansas
City road named above, formerly
known as the st. Louis and Kansas
City Short Line, projected by Mr..
George Il. Post,o New York, and Col
onel Hayward, of Hannibal, is the link
in the chain which will in the future
make the Missouri river at Kansas City
the bssing point for rates instead of the
Mississippi river, and will force such
other big systems as the Pennsylvania
to extend TO the Missouri river. The
st. Louis and Kansas City Short Line
was incorporated in June, 1885, under
the laws Of Missouri to construct a line
of railroad from St. Louis TO Kansas
City. This company sold out to the
Cleveland, st. Louis and Kansas City,
and this company changed the eastern
terminal from st Louis to Alton on &C.
count of being unable either to make
an arrangement for crossing the St.
Louis bridge or to build q new bridge.
AT Alton good facilities for bridging
the river were found and it was decid-
ed to cross the river there. Within the
last six months Colonel Hayward, who
has never lost hope in the enterprise,
secured the necessary aid for construct
ing the bridge and part of the line, and
rumOr said the money came from the
Bee line or Vanderbilt people, and il
has never been denied. Work was al
once commenced on the bridge piers al
Alton, and the track between Alton and
St. Charles and for quite a distance
west of the latter point has been laid,
showing conclusively that the intention
of the builders is to complete the line.
The route OF the new road as outlined
in the prospectus is from Alton, ILL.,, to
St. Charles, Mo-, along the north bank
of the Missouri river; then in a west.
erly direction through Warrrenton, the
county seal of Warren county /; parallel.
ing the Wabash from that point to
High Hill; thence through Danville,
the county q OF Montgomery county
Fulton, the county seat OF Gala ay
county; Columbia, the county seat OF
Boone county Fayette, the county sea,
Of Howard county crossing the Mis-
souri, river at or nea Arrow Rock
thence through Marshall, Saline coun-
ty; Lexington, Lafayette county 4; par.
slleling the Lexington branch of the
Missouri Pacific from that point 10
Buckner, Mo-; thence into the Blue
valley, striking the Belt line al Rock
creek.
This company also Owl what il
known as the Forest Park and Contra
railroad, which is completed from st
Louis 10 a point on the Missouri river
about five miles above St. Charles
|, where it is proposed 10 construct all
other bridge at some time in the neaI
future.
The proposed line traverses ten O
the largest, wealthiest and most popu
lous counties in Missouri. They ar,
rich in coal, timber, stone and agricul
Iural resources. The distance between
Alton and Kansas City by the new lint
i. is 257 miles or several miles shorte
. than any existing line. The terminu
/ facilities in this city have not been full,
+ settled, but it is generally believed tina
a partial arrangement has been mad
a tc use the new union depot 10 be erec
:. ted at Fifteenth and Askew avenue b,
the Kansas City and Independence
I rapid transit company. This depot wi
a also be used by the Fifteenth stree
cable line, the belt line, the st. Pau
+ road, Santa Fe and the Kansas Cit
n and Southern road.
4 With the completion of tins new 81
. Louis line q person can travel frol
Kansas City to New York withor
4 change of cars. The VanderbIlts hay
d ing a line from Kansas City to the Al
q lantic seabOrd can command businel
a that would otherwise 60 to other line
and will be the means of forcing !
great rival, the Pennsylvania, 10 ais
build or buy a line from St. Louis {
. GhicaUo IN Kansas Civ.