Los Angeles daily herald., 1889-11-04
been securing much land in and around
Salt Lake City, and he is very sharp


Salt Lake City, and he is a very sharp |
man.
THE vANDERBILTs AND THE UNION PACIFIC.
The San Francisco Examiner, of Octo- |
ber 9th, says:
The report that Charles Francis Adams
has obtained an entrance into Chicago
for the Union Pacific by an alliance with
the Northwestern /; that he will soon effect
an entrance to some Pacific Coast sea-
port town; that the two roads as one sys-
tenn, with joint mileage of over IL 900
miles, will work against all other lines
between Chicago, st. Paul and Kansas
City and Portland, San Francisco and
Los Angeles is readily believed in this
city. General Manager Towne, OF the
Southern Pacific Company, is not sur
prised at the story.
The New York dispatch of yesterday
conveying the above information, also
stated that the Vanderbilts, who are in
terested in the Northwestern, had made
their eastern roads party to the COM
bination. This is not thought possible,
for the reason that it would cause all the
other roads in the East to work against
the Union Pacific and Northwestern.
This would make them lose more than
could be gained in the way of traffic
This part of the story is believed to be
something like the recent account OF the
Baltimore and Ohio joining the Northern
Pacific Wisconsin Central deal. No
western road can afford to tie itself
down to one eastern connection, in the
opinion OF traffic managers here.
Four days previous, on October 23d,
the Eranainer had a New York dispatch
emanating from the World office in that
city, which gives the details OF the
great combination as follows:
A new and important movement in the
railroad world has just been made and
will attract attention on both sides of the
Atlautic. 1t is nothing less than an a.
lance between the two most extensive
railway systems of this country, the
Chicago aud Northwestern and the
Union Pacific. The World can announce
positively that these roads will henceforth
bs operated in complete harmony and
with a view of each giving the other all
the traffic agents can secure on either
line. Circulars of both companies in
tended for shippers and the travelling
public will soon furnish corroborative
evidence of the compact.
The Vanderbilts for several years have
been solidifying their lines east of Chi
cago, and expended vast sums of money
| in improvements, which some other COM
panies, having less conservative man.
agement, would have paid out in divi-
dends. Now, with their affiliations with
the Union Pacific the Vanderbilts will
| in all probability branch out towards the
Pacific ocean. This could very readily
be done by continuing the line of the
Union Pacific from Frisco, Utah, south
westerly to one of the Southern Califor.
MIA seaports in proximity to Los Angeles.
The feasibility of the plan will be appar.
ent to any one who will consult mar
showing the proposed route, and with
the enormous financial backing which
the scheme would have there can be lit.
tie doubt as to the speedy completion oi
the line when once the work ia under
taken in earnest.
The fact that the Chicago, Milwaukee
and st. Paul has within a year gone
through a process of evolution which
brings this line also close to the Wander
bilt interests, would make the com
bination just outlined all the stronger
What gives color to the rumored inten
ton of the Vanderbilts is the steady alb
sorption of the Union Pacific shares fol
some time supposed to be for their &C
count. As already that part of the pro
gramme which brings the Union Pacifi
and the Chicago and Northwestern int
who ought to know declare that it viii
not be long before Vanderbilt through
line extending across the continent vii
also be an accomplished fact.
| "FRoM OCEAN TO OCEAN,"
i The Chicago Herald of October 25tl
had this:
The Vanderbilt system now extend
from ocean to ocean," for the announce
ment of a traffic arrangement between
the Chicago and Northwestern and th
Union Pacific made in the Herald yester
day is confirmed by Chauncey M. Dspe "
For weeks past the Vanderbilt broker
have been quietly buying Union Pacif
securities and the next annual meeting
of the Union Pacific will probably brin,
to light new crop of directors, who's
sole allegiance will be to the house O
: Vanderbilt. A gentleman who is heav
holder of Gould stocks, says of the deal
SIT is the most important railroad dea
of this decade, for it places in the hand
, of Cornelius Vanderbilt the power b
make rates, not for single State or sec
} ton, but for the entire union. In con
nection with Vanderbili's late acouisi
ton of the Chesapeake and Ohio it give
his system the shortest line across tn
continent and ocean termini in the Eas
at Boston, New York and Newport News
and on the western slope at Portland
Seattle, and, as soon as the Union Pa
cific's Pacific extensions are completed
at San Francisco and Los Angeles.
forms lake and rail route under on
ownership from New York an,
Boston to Buffalo via rail, Buffalo to Du
{ luth or Ashland by boat and Duluth O.
Ashland via rail to Omaha and Siou,
City and thence over the Union Pacif
system to the Coast. The route can com
pete with any that can be brought agains
it, as the lake section will afford wild,
margin for lowering through rates tt
compete with the Canadian Pacific and
; still stand within the limits of the inter
state law and preserve local rates. i
leaves JaysGould high and dry with hi
most important properties located in the
West and Southwest open at every point
to the competition by the Vanderbilt
lake System, without the Gould lines be
ing able to strike back, as they have n,
lake connections except at Toledo anC
Chicago. In short it makes Charles
Francis Adams and Cornelius Vanderbilt
masters of the situation in every sense O
the word"
The Southern Pacific will be forced t.