El Paso daily herald. (El Paso, Tex.) 1881-1901, 1897-04-14
MIR. EDDY IN TOWN
With Party of New York and Penn
sylyania CapitaIists. Oh Business

A distingui-hed p trty arrived thi
morning from New York over the Tex
AS g. Pacific. Charl. B Eddy of the
White Oaks road was n ch trge of the
party, and they all left w tn Mr.. Eddy
| over the S .ata Fa a. nOou for Sar
Antonio whence they will go by stage
and buck DO ard over the line of the pro-
posed Whlie Oaks road a d it is under
S oO1 that the capitalists have told Mr.
| Eddy that if they can see w tn their
own eyes what he has re ores ,nted to
| them relative to thu resources Of the
county through which the proposed
road runs, they will advance money
with which to build the road.
Tue pers mel of the par'y is as fol-
M. A., Yale, so; w. A. Lathrop, B.
S Harmon. c. D. Simpson, NJ. M.
Gillian. Geo ge D :ckinson, j. w Og-
den, Commodore G.. G. w. Lo" cry.
These gentlemen are all from New
York and Pennsylvania, and if the
outlook is satisfactory, company will
b. Immediately organized with Mr..
81 mp >on of New York as tha pres dent.
This is all that can be said at present.
But after the party have returned to Ell
Paso and are satisfied with their Trip,
who'e lot more can be said. How
ever. the fact that Mr.. Z idy as induc-
ed thase gentlemen to travel away out
he~e to look over the country, speaks
vel for his aging powers, aud his in
domirable energy Mr.. Eddy knows
there is a god thing for The pro-
posed road, and he is by no means al
lowing the grass to grow under his
feet.
The party will leave San Antonio, N.
NJ, for White Oakson Thursday and
VIII sp nd nout tn days in Line In
county exam ming th g N erai resources
and coal propertie, in and near White
Oaks, the SaladO an other sections of
Lincoln county, thence the party G; es
overland to E. Paso, Texas, where final
range nen's for the active operations
will cOmmen e, shoul1 the examina
tions be found satisfactory w. A.
Hawkins. esq, so i"tor for the rail-
read, w l meet tn pa"ry at San An
tonic AZ d 90 with it on th inspection
tour of e line of the road and of the
resources of he country through which
ID e lire ia to pass.
Mr.. Eddy and his associates have
work d for two years 10 bring this
field most of the time, examining the
resource Of the country adjacent to
the pr posed line of th- road, and re-
cen ly much activ ty has been display
I'D in this line aud sOme v~ry favor able
have b en- made by the e ex-
perts The inspection trip of this par
ty does rot settle the matter entirely.
but if he ~ty should be sat tFs6ed wi
what it SEES and discovers, dirt W II fly
ve'y snon and the road will be built in
a hurry The enterprise of building the
Ell Paeo-White O.k- road is baing pro-
met ed purely on a coal, coke and min
eral basis. It is foreg 'ne conclu-
sion and established beyond peradven-
'ure. that neither the Santa Fe nor th@
Thurber coal could compete with the
coal that could be lad down in the El
Paso market aud the Mexican Central
market from the Lincoln county coal
f. DIS. This market includes the
Southern Pacific as far west as Yuma,
the MeXican Central railroad, the
smelters in Arizona and Ch; ;hnahua
and further south and the Southern
Pacific rs far east as Sanderson.
The princ'p nal 90 81 feds are the Sal
ado. near Fort Ssan-on These are far
more extensive and of an Infinitely
better grade of coal than are the
White Oaks