Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-11-10
FOUND NO FAULT.
TIE RECENT INSPECTION or THE
GEORGIA PACIFIC RAILROAD.
The Inside Observation-Disclosures rinancia
Men sent Down to Criticize the MAN
sgsmsns Of tho Road.
birmingham tAla., Nsws.l

The Fers last week told its readers
about party Of directors and officers Of
the Georgia Pacific railway. including
President Joseph Bryan, making trip OF
inspection over that road.
The inside history of this inspection
trim has come to light. In the party was
a committee Of Baltimore financial men,
headed by 4. II. Colston, of Wilson, Col
ston a. Co, who were not Interested In the
Richmond and Danville in any way. They
were sent down to criticise tho georgia
II appears that in the fight to put Mr..
Tumaf, ont of the Terminal presidency the
noint has been nade that the expenditures
~ tho Georgia Pacific division have been
so GREAT az to be tho chief cause OF the
Terminals large debt. and that the road
l. in bad shape and not paying. Of course,
Mr.. Inman's enemies brought up tnese
charges. p.,..
moro financial men WAS sent down to look
over tho Georgia Pacific aud give their
| opinion as 10 whether or not it is paving
| road, and to tell about its condition. &C.
NOT A FAULT TO FIND.
II davalops that the committee after
GOING over the entire Georgia Pacific line
fsiiad to find a single fault with the road.
In abort they didn't find it subject for
criticism. This speaks well for President
Imam. OF the Terminal. but II speaks bet
tsr for SUPERINTENDENT Ryder, OF the
Georgia PACING. and his splendid corps OF
The financial editor Of the Baltimore
sun. it appears, was in the inspection
party. and he gives III that papers growing
| A.ex 49,, Ia tQllQ nothing Dilf
| the facts. Among other things this report
says:
left Atlanta on Wednesday morning ana
made the trip through the States OF
| Georpia. Alabama, and Mississippi 10 the
Mississippi river, and then back to Biz
minehan, where the railroad executives
parted company. u was, essentially Q
! business inspection, IN which the material
and industrial. developments anu poss'-
| bilitjes received close attention.
| The Georgia Pacific is one OF the
important members Of the Richmond and
| Danyille family Of railroads. and in the DIS
cnss.on OF the Richmond Terminal affairs
| Il he's come in for good share OF notice.
The inspection OF it demonstrated TO the
| tourists that the whole road OF over ooo
| miles. including branches, has been WORKED
up 10 good physical standard, wltnouI
| eXtraVRCaDce OIL Outldl ohJ
that it is in condition for handling eco
nomlcally large traffic. That IS the basis
OF good railroad management, and 1t must
! be left TO the Wall-strset critics TO settle
the question whether the railroad people
have done well or i'll in that sort OF work
| for the Georgia Pacific and the other hieh-
| mond and Danyille ro0ds.
| The Georgia Pacific railway was finished
IN 1880. In the year ended June so, 1870 !,
earned S3,i14 per mile. In the year ended
June so, 1891, the earnings were S3.4si pei
mile. The earnings for the current year are
| expected TO be $4,000 per mile. Inc ne,
earnings of the road in the past month OF
October approximately $50, 900. The Georgia
Pacific in its second year earned nearly a.
much per mile az the Atlanta and omar,
lotte, one Of the gilt-edged Richmond ale
Danville properties, earned IN its seventh
wear. The Atlanta and Charlotte Alr-Llne
railway. as it Is named, was finished 10
1s89 In 1887 1t earned $2.1A per mile
while in 1890 it earned $5,273 per mile
These examples of steady increase IN ran
road earnings serve to mark the, onward
course of southern industrial develop
ment.
/