Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-11-23
RECEIVED A TELEGRAM YEsTER-
DAY THAT ALL OBSTACLES
HAVE BEEN OVERCOME.
lie Also Says Mr.. Gould Told Him
the New Union Depot Would
he nuiIt In Fort worth.


Of Receiver Morgan jones, by the Ga
2ette representative, ana asked as to
the true status Of the reorganization
proceedings of the Fort Worth and
Denver.
81 have Just received telegram. not
five minutes ago" replied the general,
conveying the pleasant intelligence
that all parties have agreed upon the
plan as submitted, and just as soon as
be submitted to the bondholders for
their adoption"
when will you return to New
York;"
THAT point can not answer
definitely, but 1t will be some time dur
Ing the month of December"
80 everything about the reorgnniza-
ton plan has been agreed upon?"
Yes, so far as Is known every In
terest is satisfied. and all are In favor
Of the reorganization of the property
1 without resorting to the necessity OF
foreclosure
Would you care to state. general
how soon this interesting event will
ocour?'
well. my dear sir. that is n leading
question. 1 will state, however. that
the property win be reorganlzed with
In the next 90 days"
Would you care to advance an opin-
ion as to any probable changes in the
management
~ do not think there will be any
change In the present management.
Morgan Jones VIII undoubtedly CON
tlnue at the head OF the property as he
has certainly handled 1t to the interest
and satisfaction Of the owners. 1t Is
not the policy OF any railway whose
property Is being well handled to make
any changes. 1t Is my policy, and has
always been, to take care OF people
who are faithful to their trusts, l can
truthfully say OF the management of
this property that they have been faith
full in all things"
"How do you and things on this end
of the liner
Everything ls in fair shape. but /
am disappointed In the loss In net earn
ings of the property, occasoned by the
Panhandle crop failure. But there Is
solace in the recent heavy rains that
have fallen throughout that section
New life has been infused into that
country, new people are coming In.
large wheat crop has been planted
and the general conditions are vastly
improved. The Panhandle Is the finest
country on earth. and we expect big
NlRIa anu lHdNtlltil development tntIe
next year"
You think, then, general, that the
worst Is over SO far as that country Is
concerned7'
YES. sir. Conditions there are much
better than ] expected to fiud them,
and where the farmers have diversified
their crops they tell me they are in bet
ter condition than ever before. II is
true they have had much TO discourage
them In the dry weather that has pre-
vailed But when built the Texas and
Pacific railway through this country
In ISL. 1879 1873 and 1874. and again
In 1889, 1883 and 1881, II raincd on me
all the time. | have noticed that these
drouths come periodically every ten
years and are followed by period OF
good seasons This theory of mine Ia
stu further substantiated by the wet
weather ! encountered in building the
Fort Worth and Denver at which time
the yHara were scasonable and the
crops fine"
LOW long has II been since you last
visited Fort Worth. general2'
81 was here last spring. And / want
10 say that have noted wonderful i'm
provement In this beautiful and pro-
gressive city In even the short time
that has elapsed since my former visit.
also note n most happy Improvement
In the feeling OF your people and a
return Of mpcn OF that old spirit which
has ever been characteristic OF Fort
Worth"
What do you think of the Belt Line
well, there You have me. I must
confess that l know very little about
II. And while I would say nothing 10
the dlsparagcment Of the enterprise,
u occurs TO me that In the foresight
that was exercised In laying out the
route OF all railways; Into this city, and
the care that was exercised In bringing
them all together, that II viii prove
cheaper TO pay switching charges TO
the packing house and stock yards
thnn u Will be to maintain and oper-
nte a pelt line as proposed stu, there
are advantages 10 be considered. many
OF which am unfamiliar with. ana /
am really not In position to express
an opinion"
General, with your knowledge OF
conditions hore. what strikes you as
NE most crying public necessity at
y VIII unhesltatingly answer new
Union depot. Just before | left New
YORK | saw Mr., Gould and talked with
him In regard TO the matter. Mr.
Gould told me that work would begin
on the new building this year. and I
expected to ace some evidence OF Il on
this visit am going over to Dailns
" few days, to see Colonel Thornc |
about the matter and can probably |
ten you something more definite about
the matter upon my return. am |
confident the depot win be built and |
that soon, and am satisfied the de- |
crease In earnings on the Texas and |
Pacific is the cause OF the present de-
lay"
Where do you think the depot |
should be locnted7"
On the Tcxns and Pacific property, !
west of all the present tracks. so that |
there may be no necessity for cross |
Ing any tracks 10 reach It. That Ia
the only sensible location 10 be con-
sidercd."
you Will go TO Dallas In few DAYS |
TO look after this mattery'
Yes, slr--lthat Is after make q |
short trip up Into the Seymour coun. |
try where want TO look at the lrrl. |