The times. [volume] (Richmond, Va.) 1890-1903, 1892-01-26
THE GREAT SOUTHERN
1HENEW NAME FOR THE TERnfNfh'
Yui BEING Doomed by 1amtnany lot ~
neutrality-suspicious. SAID I" -" ~"
of the Raoe-New York News
Nrv YoRK BUREAU RICHMOND IIMKs,
N'" T.r Ok 1909

Jan. %. 1917.
II was stated in Wall street today that a
erest deal of work has been done IN tho mat
tsr of arranging the Richmond Terminal
Company's affairs. and that the plan has been
agreed on SO far that it can be stated thata
new company. 10 be called The Great South
ern Company. - will take the place OF the pres
ent corporation. which will have a capitai
stock Of about $4,000 900 and a blanket
mortgage heavy enough to provide LOT pres
ont needs and 10 take up existing underlying
liens "a they mature. IL has not been declde1
vet whether the last Tennessee system VIZ
be included in the Great Southern ComPa
or not. The prospects ~ present are 'pS
will be released in all respects from the ~
mond Terminals control, or tnso 4i - ores
sor company. and will be operated oy Is ~
ent managers as heretofore. rs al Independents
system.
The steady buying Of Richmond Terminal
preferred j. attracting attention. ln's 9''IA
can only DO retired by the company Al ~ IL
view OF the approaching reoIEan.1aS'on !. -
company il Is thought that tho STOCK X oelnE
ouietly picked up by parties IN sympathy WIN
ia Oicott committee with q view OF ehectihe
esv;nc IN the new company. 1he tOtal ls-
cue ~ tie stock IS only 81, 000,0 600 and with the
present plethora OF money the scheme Is leasl-
bic. .,n,os,
dav ~ Chairman Olcott said to-day
chat he had no idea when the plan Will DO
Formulated and can give no information IN re-
gard 10 its general form
"a new railroad is projected from Norfolk.
Va. TO Charleston. >. g., 3OO mixes. WIN d
branch 10 Columbia and other Oranches'
making a trackage of 700 miles.
The Rice Trust deal at New Orleans Is SAID
u have been cOnsummated.
ANIL BOOM.
The Democratic State Committee will meet
~ morrow IN the Hoffman House. and present
Indications are that a cut-and-drled pro-
cramme will be carried out, opening the IAN
many campaign 10 nominate DAVID Is. I'M ior
the presidency. Senator Hill arrived ID the
city last night so as TO be able 70 meet the
committeeman and has been in conference
with local leaders all day. IL IS believed that
IL has been decided to hold the State
convention during the week beginning on
February I'D. The haste on the part OF the
committee 20 name delegates at large Is much
criticised by many. Democrats ln9y 1SaeH
that it is part Of a scheme to force a sohd mn
DELEGATION on the national convention when
meets in Chicago on June 2ist.
Is CLEVELAND OUT OF i RACE?
This air is full of rumors hat Mr.. Cleve-
land will not be q candidate before the con
y~ention. A gentleman who spoke with him
on the subject before the ex-President lett
for Florida, says TO The TINES correspond
ent tonight
Mr.. Cleveland's attitude, es IS well known
10 all his friends. Is that the presidency lsnot
70 be either solicited or declined. Whiie
Mr.. Cleveland takes great interest in every
thing that concerns the party, ana
ornits nothing which will, in his
opinion. advance its interest. he seems 10 DO
animated solely by the thought that the IN
terests of the party are the interests of the
country and that having received its highest
honors. the party is entitled to his best
thought and service without regard to any
selfsh interest or ambition
The only conclusion to be drawn from this
knowledge is that he would not and Will not
scramble for the presidential denomination.
He has had the Office once and the nOmina-
ton twice. lie is under no delusions about
either.