Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-04-09
ON TO SOUTH AMERICA.
The International Road to Have a
Rival.

Thereccnt Pan-American congress. among
other things, was Instrumental! IN showing
the possibilities Of the proposed interim
T.Dna. railroad. u WAS demonstrated that
the business coming TO the projected road
would be OF such dimensions that ii would
not be long ere II would he entirely self
supporting. and even remmeratiye. Such
glowing descriptions have been given OF
the wealth of the country that lies along
the route of the proposed railroad that the
managers OF many Southwestern roads
healing IN the direction of Mexico are
already making preparations to De future
connections Of The coming international
road.
The latest rumors are that the San An
tonic ana Arkansas Pass people are getting
ready 10 make startling developments i'll
this quarter. There can be no doubt, say
the authors of the story. that the road is 10
be taken out Of the hands of the receivers
within a very short time, and the stock
holders. or more likely an entirely new
company. viii take charge of the Arkansas
Pass road ; affairs. Then it is that the
startling developments are to happen.
As al railroad men and capitalists can
perceive. the san Antonio and Aransas
Pass road is entirely too valuable L prop
rrty to remain long in the hands of re-
cgiycr II tlaVcTScS the richest section Of
one OF the richest countries on the earth. it
is a property whose future, if let alone,
promises The best results
At present desperate efforts are being
made 70 roorEanize the road. Outstanding
bonds are being called in. and everything
possible is being done to put the road into
such 4 shape that il viii get along. 1t is
said that men are NJ work trying to get
control of the stocks and bonds OF the com
pany. As soon as they get things fixed the
bic scheme is 10 be carried out
L. To-. 44.r,, !.
riva. for the projected International road
which already has the support of the Pan
American governments. Nothing daunted
by this, the management ito Gomez Of the
SAN Antonio ana ACGnS;iS Pass railroad are
going 10 extend the system. aud win make
straight cut for Mexico and Central and
South America.
What the new management will first
want is i slice of the rich Mexican and Dor
Ger trade. The Rio Graudc valley is the
objective point Of the rrSt extension.
Brownsville i the city aimed at. 1t viii
be Il race among many roads leading from
the gulf coast as 10 which shall first be in
the field. The recognized road will. il IS
claimed. have all the financial backing nee
esSIry 10 carry the project so far.
From Brownsville the watchword viii
be: On 10 Central and South America,
Where the money 10 do this with is to come
from IS not stated. bat those who know say
that there IS no doubt that when once the
attractions of such an enterprise are Of
fcred investors. forgetful OF the past his
tory of The road. win be eager, they say.
10 put money into the road that IS to rival
the international railroad. o. course. the
consent of the governments of the countries
through which the san Antonio and AraH-
sas Pass Central and South American
branch IS to run Will have 10 be first OBJ
tanned, but this, ii IS said, has already
been fixed. and, when once the Arkansas
Pass has been recognized. Hook out, they
Say. for something VIII happen New
York Journal OF Finance.