Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-05-23
lis Building Is Now an Assured
Fact.
BANQUET LAST NIGHT
tilysn 10 The Eastern Capitalists Interested In
The Scheme Spencer N. Jannsy Tells
Of Their Plans and Speaks in High
Terms Of The City OF Fort Worth.

The eastern capitalists Interested In
the Rapid Transit line arrived ia Fort
Worth from Dallas yesterday afternoon.
the following well known gentlemen com
posing the party:
Spencer NJ. Janney Of Philadelphia.
who, besides being the new president of
the Fort Worth and Dallas Rapid Tran
W, Is president of the Huntington and
Broad Top Mountain Railway and Coal
company Of Pennsylvania; w, Fred Sny-
der. president of the Northern Saving
Fund and Trust company Of Philadelphia /;
J. A. Millhollund Of Cumberland, Md,
general manager Of the Cumberland and
Georges Greek railroad; Thomas Brad
ley, large beef packer of Philadelphia /:
H. Staples Potter. tie senior member of
the firm Of Potter a Wilmington, the
| well known canned goods packers Of
Boston; A. n. Chandler Of the banking
house OF IL. ). Touchrim q Co. Of Phila-
i delphia, with whom the Rapid Transit
bonds We're placed. and Andrews Blume,
corporation lawyer Of Boston.
Mr. Janney was seen AT the Arlington
| Inn by a representative Of The Gazette
| aud said:
81 am the president of railroad In
| fennsylynnia. and am n railr0nd man.
| l knew OF Texas aud It's wonderful re-
sources IN general way my geographic
| cal knowledge taught me that when the
| proposition was made 10 me to build
line between two Of the leading cities
of the stute, | became interested in It.
as did number Of my friends.
we came on n tour Of inspection to
look over the property, and the trip has
been one Of constant surprises. which II
suppose would continue should we so
| further
when | reached Dallas | was aston
iahed at the population, the wealth. the
| thrift and the energy Of the people. We
| Inspected the Oak CHI road aud tho
matter Of establishment TO me was that
u never has been extended to Fort
| Worth.
The idea Of only one road between
two such cities as Dallas and Fort
Worth IN not in Keeping with the enter
| prise Of the two cities.
Tie Texas and Pacific railroad has
| an immense through traffic aud the por-
| ton Of the line between Fort Worth and
Dallas Is, OF course, merely n portion Of
their road and the local business between
the two cities is of minor Importance,
aud Of necessity cannot receive the spe-
icnl attention to which IL is entitled.
And then, too, without In any way In
tending 20 criticlse that company, line
without competition never pays the close
attention To providing facilities that a
road with competition does
Il was very greatly pleased with the
city OF Dallas aud from the reports that
] had received indicating that Fort
Worth was not inclined TO grant us the
privileges we asked, ! did NOT expect to
be tayornbly impressed with this city,
but as | said, this trip has been Sc.
rlrs Of surprises. We were driven over
the city and the day was nut In In meet
ing the leading men, aud | am astonished
at the city you have here. There IL but
one criticism that | can make and /
made lhat M Dallas Us we'll | don't see
why both Of these cities are not double
the size that they are. aud they will no
did not know there were any cities
IN Texas with the elements Of growth
! find here
We are gulng to build the rond-it will
not lnjure the Texas and Pacific In tbe
least and that road will not iniure MS.
lhere Is morn than enough business for
both II II Is Properly car,Sl for
rom rom the town in which ] live, Chest
nnt HllL there was but one railroad 10
Philadelphia, another WAS built aud the
pr.ce Of property jumped from $500 10
5000 an acre.
II CONT know Of any two cities of
the Importance of Fort Worth md nnl.
las thqt are not connected by more than
Increased facilities for communi.
cation will help both ctics-my
observation OF your city, and II has
been u critical one for the short time
that ! have been hcre-leads me 10 he
lleVe that 1t is fully capable OF holding
It's own,
What is meant by a rapid transit line
is one that il so built and eomipped rs
70 ndmit OF the most rapid running and
the most frequent service, no matter
what the motive power may be- W.
VIII put In heavy steel rail of seventy
or eighty pounds weight we will thor
ouehly ballast the road-hcd and we MIN
put on the best machinery and rolling
stock and make IL inst what its name
signifies, a rapid transit line
The road is bonded for $1,000, 900
and there will be some stock. how much
We have not determined unoa.
III the citizens Of Fort Worth will
encourage the investment of Southern
capital and protect Il when Invested
and will invite capitalists TO come. there
y NJ. limit to what 1t may become in
the future.
I'VE ar, not Interested in either Dial.
las or Fort Worth as against the other.
we don't own foot OF land In either
city. although W. will own lnnd In both
II il TO our interest To build up both
places, the injury Of either would injun
us
II want 10 correct ono impression
which IL wholly false, We have no con, |
nectlon with any utlicr railroad COMPANY |
or corporation whatever, IL il was sim |
ply a conuotlng road that we wanted. |
We could easily make the connections |
outside Of the city which would ccrtainl |
be IN Injury 10 Fort Worth"
At this point Mr.. Janncy WINS inter. |
rupted, AZ the banquet given IN honor |
OF the party was ready, and us the ham |
quet of 'he plumbers was to follow. he |
could not delay
II Is not often that a hotel can give
two hanquets In a night beside the reg. |
ulnr meals. but that is Just what Inc
Arlington lnp did last night and the
pronrictors maintained an unrnttied COM
posnrc as II they We're used To that sort
Of thing
An elegant collection was served.
III addition 10 tho visiting quests thr
following we'll known Fort Worth neo.
pie wcrr present; Hon, A. NJ Garter
!. e. Mccarthy W. r. Forby. /. ID
Iiall y, y. Perkins. W. /. Malone
Casey and Col ]. =, Smith. ''
There were no set tnusts and thu timo
was limited, hut there were few brief
after dinner talks, aud most pleasant
time was had.
The speakers were Mayor padlocl.
and Cnloncl Peter Smith, telling yhat
ioH Nerth had done and was. and
Nles,rs. Jauney Of Philadelphia. Potter
q hosion and Blame Of Roaton. who In
their remarks currobOrAted what thn
f9ft Worth gentlemen had said.
Tue visitors were drlirhfcl with Y,
banquet '"'
The visitors win leave the city this