Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-10-01
GOULD'S TACTICS.
A Well-Posted Wall Street Man Talks
About EN- to a Gazette Man.

| "a "eii-foSteu wall street Man Talks
About EN- to a Gazette Man.
Special to the Gazette.
NEW YORK, Sept. 2S-In view of the
| vehement unanimity with which Gould s
| motives in Missouri Pacific and Union Pa
cific affairs have been received, it is highly
| probable now and very positive that news
| throwing an entirely different light on the
| whole matter would meet with reluctant
and skeptical reception. Nevertheless, a
view OF this sort was encountered by a rep
resentative of The GAZETTE, and the gentle
man VINO expressed it is prominent figure
| IN Wall street circles, and has made some
what of study of the great financier's
| methods. 1t may fairly be said to carry I'M
usual weight The person referred to said ::
That Gould'S recommendation of the sus-
pension of the current Missouri Pacific
| dividend had anything to do with the at
tempt TO help out the short interest in the
eldest son or Sage, look upon as
utterly absurd. 1t was devised, in
my opinion, as the first step
in the great railway deal in
which | think Gould is joined by Hunting
ton. Gould and Huntington control ma
Jorlty part of what is known as the South
western system of railroads. In an inter
view last Saturday Gould said: We pro-
pose a connecting link that will enable us to
deliver wheat and other grains at New Or
leans for export over the Missouri Pacific
and Iron Mountain at the same price that
the other roads can lay it down at Chicago.
We will also have connection over the out
let at Memphis
'This statement is what I base nv opin
ion on that Gould and Huntington have
great railway deal in view" continued the
Wall street man. 1.-The competitors for the
grain traffic of the Southwestern system.
which includes the Missouri Pacific, Union
Pacific, Southern Pacific and the Texas and
Pacific and branch lines, are the Atchison,
ROCK Island, Chicago and Alton, Chicago,
burlington and Quincy, Northwestern and
St Paul and branch lines. If by being able
to make the connection referred to in the
above paragraph by Gould, the Missouri
Pacific and Central Pacific systems will be
enabled to lay down grain at New Orleans
for the same price that the grain roads do
IN chicago, 1t stands to treason that the |
grain traffic of pretty much the entire |
Southwest will be diverted to the South |
western system. as tide-water is reached !
at New Orleans, whereas it is 1000 miles |
from Chicago.
ocean freights, too, are proverbially
lower from New Orleans than from New
ork- Huntington can add to the great
trade of the Southwest. The
traffic from California
over the Southern Pacific connection at
Memphis referred to by Gould would bring
the Southwestern system in close relation
with the Richmond Terminal, which owes
1000, 900 floating debt, and if Gould saw fit
% go to its assistance the Southwestern
system might extend its control to this COM
oany, thus including all railroads in the
southern belt of country except the Louis
lille and Nashville. Gould, in planning a
abroad deal, usually starts by reducing
verything to cheap basis, so that a new
onnection can be economically made and |
his, in my opinion" added the Wall street
nan, lis arAexplanation of his policy in the
Iissouri PaGic."
Economy: RaHDoses One Dollar.m