El Paso daily herald. (El Paso, Tex.) 1881-1901, 1897-06-10
ACROSS THE CONTINENT.

ACROSS THE CONTINENT.
Plans Completed for a Gigantic Rail-
way Enterprise.
A transcontinental railroad in fact as
well as name, running from New York
to Portland, Ore, is the project re-
vealed by articles of incorporation filed
yesterday at Springfield, Ill. Four
railroads, each having a financial past,
and a group of railroad inanciers, head
ed by John D. Rockefeller, figure in the
enterprise.
F. 7. Gates, representing John D.
Rockefeller and the Standard Oil COM
pany, William Allen Butler and Ed
ward Adams, of the Northern Pacific,
have done the preliminary work of the
undertaking at Chicago. This consist
ed of the organization of an illinois
corporation, capitalized at $4,000 900,
to increase the Chicago terminal faci-
lities of the proposed route and to build
local connecting lines. According to
the articles of incorporation, it is pro-
posed also to build new line from
Chicago to East ST. Louis.
The Baltimore & Ohio, the Wiscon-!
sin Central, the Chicago & Northern
Pacific, and the Northern Pacific sys-!
TENS figure in the great undertaking.
By a consolidation of these, their
branches and connections, will be pro-
duced the new system, one end of
which will touch the Atlantic, the
other Pacific.
Resuscitation for the Chicago g.
Northern Pacific will come. The sys-
tenn will be taken out of the hands of
its receiver, A. L. Hopkins, and its
splendid terminal station at Fifth
avenue and Harrison street become
part of the new enterprise.
Under the new name of th Chicago
Terminal Transfer Railroad, the new
corporation will cOntiune to do the
new terminal work as the Chicago &
Northern Pacific did, for the same
roads.
WILL BUILD NEW ROADS.
Extensions for the increase of traffic
will be made, and the Chicago & Cal
umet Terminal railway will be added,
besides other new lines to be built with
q view to increasing the terminal
facilities now possessed by the system
to be combined. The new lines to be
built include extensions for Harrison
street, Chicago, through the City of
Lasalle to the Mississippi river; from
South FOrtieth avenue and West Ran
dOlph street to the Mississippi river;
from the town of ProvisO southerly and
westerly to the City of East St. Louis;
from the West Division, Chicago,
southerly to the Ohio river: from Blue
Island avenue to Franklin Park, to
Lake Michigan, thence to the Indiana
and Illinois boundary lines, through
the counties of Will and Kankakee.
The Incorporation of this company,
and the announcement of its prelimi-
nary plans is believed to foreshadow
the recognition of the Northern Pacific
and the Baltimore and OHIO by the
Rockefeller interest. Both roads are
now in the hands of receivers, mainly
on account of inadequate traffic ar
engagements in the territory which
neither penetrates. The Northern Pa
q
east by leasing the Missouri Central
from st. Paul 70 Chicago. The expert
ment failed to increase its westoound
business. The great weakness of the
Baltimore q Ohio system has all along
been held by railroad men to be the
weakness of Its hold on business west
of Chicago.
1t has not yet been discovered what
plan of organization will be followed in
the case of these two roads, but it is
believed that the interests represented
in the new terminal company are in
control of all four of the railroads
necessary to the scheme,
Besides the Grand Central Station
the new corporation comes into pos
session of the following properties:
Chicago q Northern Pacific Railroad
line, 1877 miles; Terminal road from
Chicago to Thatcher Park, ILL.,, and
Chicago to Harvey, ILL.,, and furnishing
Chicago freight and passenger ter
minals to the Wisconsin Central lines;
the Chicago Great Western railway
and the Baltimore q Ohio railr DAD !;
Subur ban line from Chicago to Forest
Home, River Forest, Thatcher Park,
Austin, Oak Park, Altenheim Gene
terry, Siemens, Harlem Race Track,
Brighton, Eogemoor, Morgan Park
and Blue Island; Chicago q Calumet
Terminal Railway company, 1924
miles, located just outside of the city
limits OF Chicago, which does trans
fer and switching business of freight
cars between industries located on its
line and railroads, and between rails