The times. [volume] (Richmond, Va.) 1890-1903, 1896-10-27

The Louisville and Nashville Active Oppo-
nents of the southern.
The impression IS growing IN raIIrua

ncnts of the southern.
The impression is growing in railroad
circles that the possibility that the LOUIS
vlle and Nashville Railroad Company
may. as stated in the star OF seNel"'
DAYS ago, become the owner oA '''
Seaboard and Roanoke, or as IL Is so"-
erallv known; the Scaboard All LiH'' ga
the course of short time, ID H''
an assured fact that was oIea'io"
when the matter was mentioned III '"0
Star. ro,oonts
o,. course. no definite arrangefnen,s
can he made by the Ryan-Ihoiii"s-'I
syndicate 10 transfer their hoiuins9 ~
any other people or company unOi' az
thcv have paid for the property "',on,
IT is stated, will be done before INC last
Of this month. .,,o
There Is no doubt that all thlee ol INC
gentlemen named would, under oIuihals
circumstances, prefer, II they 90 not "''',
TO build up a system OF thelr OWN, anu
want TO sell. that the southern s''0u'N
have the property, but here' Il the ~
80 ne true. is an opportunity for three
mon each of whom is of an AMBITIOUS
nsture 10 make fortune in day.
II is known that Messrs. Ryan anu
InOtnHH
OF the house Of J. Picrpont Morgan anu
tho southern Railway Company IN
number of transactions. while IL Is an
oncn secret in Baltimore that Mr.. Gil
and his partner. Mr.. Fisher, have maze
immense fortunes through favors eA-
tended TO them by President spencer
wben the latter was at the head OF the
psltimore and Ohio. at which time con
tracts running over long series Vi
vears for the transportation OF Sialp
from the West TO Baltimore were en-
tored into and from which the mouse
of GIL 4. Fisher are said 10 be sun
deriving a handsome income. or course
there was nothing either dishonest OF
d,screditable in these arrangement
they have simply been profitable TO
the favored firm, which. by this means
and through their own energies, have
not only built up a great domestic trade
but have also secured almost as great an
export business.
Again. Mr.. Gill and Mr.. Spencer are
warm personal friends. and the former
would no doubt like TO oblige the rail-
way president to the fullest extent In
his power were ii not, possibly. that
business is business.
Now. if the reports be true along
comes the Louisville and Nashville Com
pany a giant corporation, nearly all
OF whose stock is held abroad by people
who are, il is alleged. a little jealous
of the growing influence of Mr.. Morgan
in the railway world, and see the OPP
portunity of their history TO gain an exit
from their present main line TO the At
lantic seaboard at a figure which TO
company with its capitalization is a mat
ter Of small moment.
1t is reported that some Of the friends
of Mr. r. Curzon Hoffman, who. through
the efforts of Mr.. Gill; is said to be
about to retire from the presidency of
the Seaboard and Roanoke, principal
among whom is Mr.. Louis McLane. are
preparing TO give Mr.. Gill some trouble
to be reelected president of the Mcr-
camille Trust and Deposit Company when
his present term expires, and. If posi-
BILE, 10 prevent him from getting an
other term
Mr. McLane is a very rich man. and
has large interests in the company of
which Mr.. Gill is president. so that
the latter might be seriously annoyed
if Mr.. McLane shoulG make an active
w'rfars against him.
A movement has also been started in
Baltimore TO GUST Mr.. Gill from the re-
ownership of the Cane Fear and Nadkin
Valley railroad. It being alleged that he
has not been sufficiently active in get
ting the road rcorganized. as was the
object Of his appointment as receiver,
and efforts are being made to get an
order Of sale from the United States
Court i'm that city. and reorganize the
Cape Fear and Yadkin Valley under
foreclosure proceedings.