The San Francisco call., 1897-08-26
10 CON7RGL THE NORTHWEST.
Promised Railroad Connection With
New Japanese Steamship Line,
Formi1o q Trans Oceanic Link.

CHICAGO, I'LL, Aug. 25.-The Inter
Ocean will tomorrow print the following
details of an immense railroad combina-
ton.
A railroad deal of far more importan ce
than the famous Northwestern-U Union
Pacific alliance is on the verge of consum-
nation.
For weeks past the decided and unac-
countabIe advance in securities of the
Chicago and Great Western Railway on
London, Amsterdam, Paris and New
York exchanges has been the cause o1
comment in the entire speculative world.
Within the last twentyfour hours the
cause Of this tremendous advance has be-
come public property. The j. T. Morgan
interests, which is now in full control OF
the Northern Pacific. and the James T.
Hill party, which owns the Great North
ern Railway system, are now In possession
of options representing the controlling in
terests in the Chicago and Great Western
Railway.
1t is proposed by the owners of the
Northern Pacific and Great Northern
properties to create an absolute monopoly
of the entire transportation and traffic OF
Northern Minnesota, North Dakota and
Montana; only the productive part OF
Idaho, all the new State of Washington.
with its magnificent resources, and the
to- be mighty cities on Puget Sound, and
of the greater part of Oregon.
In this mighty EN- pire the Northern
Pacific and Great Northern interests know
but one competitor. and that at but one
point-the Southern Pacific Company at
Portland, Or.
1t Is proposed by securing control OF the
Chicago and Great Western to give North
ern Pacific and Great Northern com bina-
ton its own lines from st. Paul 10 Chi
cago.
All of the traffic of the Great Northern
and Northern Pacific, winch moves via
Chicago, is to be thrown to the chicago
and Great Western Railway.
This com bination practically shuts out
of the Northwestern empire the M1lwau-
kee and st. Paul, the Burlington, the
Rock Island, Chicago and Northwestern
and the Wisconsin Central, except at such
points as those systems actually reach
with their own lines.
1t is proposed by the new com bin alton
to make an attempt to control trans
Pacific carrying trade by means Of an air
tight alliance already perfected and in
operation with the Nippon Yusen Kaisha
or Japan Mail Steams suip Company, which
has .he largest fleet and the second largest
tonnage rating OF any steamship company
in the world.
In joining this tremendous alliance the
Nippon Yusen Kaisha Steamship Com
pary brings TO its partners an absolute
monopoly of the interior and coasting
trade of Japan and China. and also places
in their service this summer the connect
ing lines of steamers TO compete for
Indian, Australian, Hawaiian and North
ern Asia points, with the object Of direct
ing 10 the United States route the Eng
fraf IN f,r
Indian and Asiatic points which has here
to:ore gone via Cape Town or Suez canal
routes.
This enormous deal, which concentrates
world wide traffic on rails of the Chicago
Great Western and threatens to render
useless the st. Paul and Chicago lines of
the live great companies which are shut
out, is being closed up this week at con-
ference in New York between representa-
tives OF the Deutsche Bank of Berlin. j. P.
Morgan & Co., J. J. Hill and others are
the owners of the Chicago-Great Western.