New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-05-05
BRYANT,S OFFER TOO SMALL.
PROGRESS OF THE NEGOTIATIONS FOR THE
WESTERN MARYLAND.

baltimore MAY (SpeciaD.-J. w. Bryant, OF New
York representing the Bnce-Thomas Southern rail-
way syndicate, had conference with the CiS fihaoo
Commissioners to-day relative to the state OF inc
western Maryland Railroad. The Commissioners IN
formed him that the city could not consider SO Small
an offer for the road as 81, 100000 Mr. Bryant theh
asked for facilities OF examining into the physical ana
financial condition OF the road and stated That II ne
fonnd the property worth more than the hrst oner
he would be willing TO pay Its fuil Vaiue or inc
figure upon which 1t could earn the interest," lhe
Mayor thinks that Mr.. Bryant ana ms 1rends arc
anxious to get the road and that the deal Is part OF
bic railroad scheme by which Southern western ana
Northern lines are be more closely connected Mr.
prvont I'm explaning the proposition he had made to
the city authorities said
"The gentlemen associated with me In the deal arc
known railroad whose interests are Doth Ill 'lo
North and South At present 1t would not serve our
purose to divulge their names If We come 70 'efns
about sale I will put up earnest OF any amount 20
handed and think that such part payment on the
r,,, ,yl he sufficient guarantee Of our good faith
g. tbo matter II we secure the road we Will give
baltimore new trade from both the North ana oouth
IN he effected by means Of the Norfolk and western III
the South and the Reading In tho NORTH. Inc Lclsn
Valley may also have something TO do toward securing
.,noes tor the line At Hagerstown the Norfolk and
western is natural ally OF the ROAD lis
road connects at Bristol, Tenn, with the Richmond
\ or,,rol Southwestern system, and tnlhh
4
| ON agreement can be arranged between ule ro"uS'
In the North connections will be maintained with the
nodirg The South wants the anthracite coal In the
! ndings territory and has not now the requisite Ia
outios for securing it. We Will give them thiS CON
roction Links will be added to the nne once uiuer
o control that will give short route TOT passenger
| t,,ol North and South. In making connexions VIC
annrecate the fact that by encroaehng Oh the ter1
tow Of the Pennsylvania system we VIII nave ulat
noration 10 fight and this should be taken into con-
sderation by Baltimore In a sale OF the western MARY
! ,ond The Pennsylvania has no connection WIN our
interests and VIC would like to buy the road at price
that will enable us compete with It in freight rates
II q onr purpose to build additional and ample ter
s,,t,os In baltimore and make Baltimore our terminal
point ..- .,o oonroot,ons
ain the event Of a purchase by US, the connexions
| ord announcements outlined by the present manage
+ ~ the Western Maryland will not be carried out
! n+iro We think we can where they can Dc I'M
nroved upon and better routes adopted The Cherry
pnn connection will be built as we see great posi-
Utilities in the Interchange Of coal business between tne
paitivore and Ohio and the Reading. ms Iamc WIZ
assist materially other allies Inc pIoJeyeio AZ
I5rcStdent Hood to Chches and to Bowmusda We 90
! not think the best that could be made. We DeheNo
bc same purpose could be served at less cost by run
ming one line between these proposed extensions anu
onnect with the Reading east OF KARLSRUHE ana Dc
| tween that place and Chicbies.' 49,, a..
Vr Rrvant will have q consultation with the other
nares interested before raising his bid for the road