The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-11-26
a Norfolk a Western scheme.

A Norfolk a. Western Scheme.
The sale of the Roanoke & Southern at
Winston, n. c., to the interests identified
with the Norfolk & Western, has, 1t is
said. greater significance than the sale of
a line 40 miles long in a comparatively
poor country possesses. The object of the
acquisition by the Norfolk e. Western
means that 1t is to play an imper-
tant part in the extensions of that
company, which has for its object the
reaching of the central and important
points. The present management of the
Norfolk & Western is DESTROYS of securing
an entrance to Atlanta, from which impor-
tant center ii is virtually shut out. Ii is
proposed to attain that object by forming
a close traffic alliance with the Seaboard
Airline. In order to make this move COM
plete 1t will be necessary for the Norfolk
q Western to do some building on its own
very near future. The Roanoke & Southern
terminus is at Winston. BY building an ex-
tension TO Monroe, on the .Seaboard Air
line. the desired connection can be made,
and the Norfolk & Western will then be
only 272 miles IVA from Atlanta. That
the Seaboard Airline management will see
the mutual benefits from an alliance and
for no other reason than an outlet to the
North and West is created, which would
doubtless form a formidable rival for
NJ inv mos
some very interesting plans of development
ahead. The conSummation of the proposed
plans is a matter of the near future. The
Norfolk q Western intends to be a stronger
bidder for Southern business. of which At
lanta is the common distributing point.
Want to Make Lower Rates.
The Interstate-commerce Commission has
issued an order in the matter of the petit
tion of the railroad companies doing bust
ness between common points in Colorado
and terminal points in California for a
hearing on the 18th of December next. The
railroads interested in the petition are the
Atchison, the Denver & Rio Grande, the
Rio Grande Western, the Southern Pacific.
the Colorado Midland and the Union Pa
ciic. They ask relief from the fourth sec
ton OF the interstate-commerce act so that
they may be authorized in the transporta-
ton of like kinds of property to charge less
compensation I'm the aggregate for the lon
ger distances between Colorado common.
points and California terminal points than
for shorter distances over the same line In
the same direction. the shorter being in
cluded within the longer distance" They
represent in this prayer that competition
with water transportation from Atlantic
coast points to the Pacific markets renders
necessary a lower through rate than they
can afford to make on business which is
not carried entirely through. The compa>
MES filing the petition are also ordered to
file their existing tariffs on through and
local business. together will the changes
they wish to make in case of the SuSpen-
sion Of the law asked.
VIII Not Remove Receiver PIERCE.
A United States official was yesterday
| asked if he thought Judge Woods would
remove r. 3. F. PIERCE, receiver of the
Toledo. st. Louis & Kansas City road. He
promptly answered no, saying that in the
first place Mr.. PIERCE is handling the prop
erty satisfactorily to the bondhoiders, who
really owl. j., the road now earning more
than a. any period in its history. and no
one will question as to his operating it
economically. He then added that Judge
Woods once appointed r.. b. F. Peirce re-
ceiver of the Indiana, Decatur & Western.
and Judge Gresham the next day removed
him, and from that originated the i'll feel
ing which existed between the two judges
during the lifetime of Judge Gresham. but
on Judge Gresham removing him the bill
of complaint before the United States
Court was withdrawn, by consent of Judge
Woods. and the courts OF Indiana and Hi
nois made Mr.. Peirce the managing trus-
tee, which in the end proved a more i'm
portant position than he would have had
under the appointment of Judge Woods as
receiver. The speaker added that on both
roads Mr.. PIERCE had shown himself to be
a very capable manage of railway prop
critics. and for that reason. If no other, he
was satisfied that Judge Woods would not
remove him.