The San Francisco call., 1896-04-12

nus with the Atlantic and Pacific and
branch of the st. Louis and San Francisco
roads as links.
When c. w. Smith was appointed re-
ceiver of the Atlantic and Pacific Railroad
he was credited with having secured that
desirable position through the influence of
c. P. Huntington, who is credited with
holding a ma aiority OF the bonds of the At
lantic and Pacific. Since his appointment
Receiver Smith, who had always been
known as a strong Santa Fe man, has vir-
tually severed the close relations that had
previously existed between the Atlantic
and Pacific and the Santa Fe in his en-
deavor to secure a more advantageous
traffic arrangement for the road he repre-
sents. The significance OF this to railroad
men is that he is evidently strongly an
tagonistic TO the road of which he was
formerly first vice-president.
His present attitude is attributed to his
not being elected president under the re-
cent reorganization scheme, an office which
he had confidently hoped to attain. 1t was
given instead to julius Rheinhart, who
was formerly auditor, but who has since
been superseded owing to alleged misman-
agement AS result of this course of the
new Santa Fe directorate Mr.. Smith is now
reported to be bending all his influence to
further the interests of the president of the
Southern Pacific Company.
The Atlantic and Pacific is to be sold
under foreclosure IN a few months and
Huntington, it is reported, is fully pre-
pared to attend the sale and buy in the
property. His purpose is to then extend
the road to a junction with Sapulpa, Indian
hn cfa nF - "
Lous and San Francisco road, which had
originally been projected to run to Cali
fornia.
1t Is claimed by those who are familiar
with the situation that Huntington is in
the best position to secure control of the
Atlantic and Pacific. The Atlantic and
Pacific proper extends from The Needles to
Albuquerque, a distance of 57S miles,
while the section from Moiave to The
Needles, a distance of 241 miles, though
popularity supposed TO be the property of
the Atlantic and Pacific, is in reality
owned by the Southern Pacific and leased
to the Atlantic and Pacific with the privi-
lege TO purchase under certain conditions.
This would therefore leave only 578 miles
to be purchased. Huntington would
have to purchase in addition the 241 miles
DeIWeeH Lie NeeQleS ana MOlaYe. An
other point in Huntington's favor is the
possession of the majority of the bonds of
the Atlantic and Pacific.
1t was the original intention of tn e
st. Louis and San Francisco people to
build to connection with the Atlantic end
Pacific, and the line was extended west
ward from st. Louis to Sapulpa, in Indian
Territory. This idea was abandoned,
however, when the Santa Fe entered into
a combination with the st. Louis and
San Francisco whereby both roads Jointly
constructed the Atlantic and Pacific. The
st. Louis and San Francisco is now said to
be heartily tired of the regime of the Santa
Fe so far as the Atlantic and Pacific is
concerned and to be willing to make a
satisfactory arrangement for the use of its
line from Sapulpa to st. Louis by an inde-
pendent line that would build from Albu-
querque to a connection with Sapupa.
The gap to be thus closed is about 600
miles and is through New Mexico, Texas,
Oklahoma and Indian Territory, section
that is said by railroad men TO be most
promising for railroad exploitation.