The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-09-12
THE MACON AND DUBLIN.
A CHICAGO SYNDICATE HAS GAL
VANIzRD 1T INTO LIFE

Report That the Company Is Building
It to Sell-speculation as to Whetner
the Central or the Macon and Allan
tic WIN Scoop It in-The Capitalists
From the Windy City May Build to
Savannah if They Don't Get Their
Price.
There is a curiosity in railroad circles to
know what will be the future of the Macon
and Dublin road The fact that Chicago
syndicate is said to have bought a controlling
interest in it. put a Chicago man in as pTssi-
dent of the Macon, Dublin and Savannah
Company, and is finishing the construc-
ton Of the road, track-laying having begun
this week, has given rise to much specn-
lation as to what the Chicago syndicate
viii do with the road when they have com
pleted it.
BOUND TO HAVE THE ROAD BUILT.
Ex-President Hughes could have sold the
franchise of the Macon and Dublin road, as
he did not lack offers. A gentleman Of this
city offered him last spring $4,000 for it,
which was finally raised to $40. 900, and, it
is reported, even as high as $4,000, but Mr..
Hughes unyieldingly demanded a guarantee
that the road was to be built
inside Of twelve months ana not
abandoned like the Savannah end OF
the Savannah, Dublin and Western Short
Line. and this guarantee the gentleman
was unable to give. 1t is understood that
he was acting as agent for a Savannah
capitalist, who though the Macon aud Dub
lin right Of way and franchises were a good
investment at even $4,000, and he could
afford to hold 1t for a customer. Others
say that the Italian hand Of the Central
was in up to the shoulder in the proposition
to buy aud shut out the Macon and Atlantic
and the Middle Georgia and Atlantic, and
that Mr.. Hughes suspected that there
was a cat in the meal tub, and
began to look elsewhere for the means to
build the road, as his large landed interests
along the line would be much more valu
able by the construction of the road than
if he were to take the $50, 900 and have his
property bottled up, and he is said to have
remarked that he would not sell for 500, 900
without guarantee to build, but would be
willing to put more money in the enterprise |
to push it through.
TWO PROBABLE BIDDERS.
1t is thought that the Chicago syndicate |
will find purchaser either in the Central |
or in the Macon and Atlantic The latter |
undertook TO parallel the Macon and Dublin |
for short distance out from Macon, and |
were brought to halt in short order by |
injunction proceedings, a temporary re-
straining order having been granted, and |
which case has since gone to the supreme |
court. The Macon and Atlantic then |
on the Wrightsville and Ten
mile road. working eastwardly toward
Savannah, .eaving the yawning gap in |
stGtu quo. Mean WI bile the Chicago sTndi- |
date are pushing the construction of their |
road, and when completed it is believed |
that whichever system is willing to pay the |
most for it, the Central or the Macon and |
Atlantic. can have It and welcome. If they |
don't get their price, then they will, it is |
said, extend their road to Savannah. and, |
with an airline to run from city rapidly |
becoming the railroad center Of the state TO |
the chief seaport of the South Atlantic, the |
syndicate can command its own terms.
SOME INSIDE INFORMATION
A MORNING NEWS reporter called yester- |
day on a prominent business man on the |
Bay who is well posted in the affairs of the |
Macon and Dublin Short Line, being on |
terms of intimacy with some of its pro |
Jectors. and having an intelligent idea of |
the intentions OF the present management. |
The gentleman said that there are solid |
moneyed men backing the Macon and Dub |
lin railroad, or, as it should now be called, |
the Macon, Dublin and Savannah. He |
confirms the fact that party of Chicago |
capitalists have purchased the line and in
tend to develop it. The probability
Is" said the gentleman, that If
they can get the road into such shape as
TO make it a desirable possession for some
other railway systems, that they will sell
out their interests, if by so doing they can
make handsome profit. At any rate the
line is to be built from Macon to Dublin,
and the work of construction is going
rapidly forward. In fact, track is now
being laid upon the line, and the road will
soon be completed from Macon to Dublin"
MAY BUILD TO SAVANNAH.
The gentleman says be does not know
what will be the next move of the Chicago
syndicate, but the probability is that unless
the road is purchased by the Central, or
some other system, that preparations will
be made to complete the line from Dublin
to Savannah.
The Chicago capitalists who now own
the road have plenty of money! said the
MORNING NEWS informant, land will push
the work. James T. Wright Of Chicago is
president of the road. vice d. M. Hughes
OF Twiggs county, the former president,
who resigned when the deal with the Chi
cago capitalists was made"
The offices of the road and its head
quarters, the gentleman says, will remain
in Dublin, and it is understood that Mr..
Hughes and gentlemen residing in Dublin
and along the proposed route are still inter-
ested in the line.