The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-07-12
that yASpEnn,lr DEAL.
Rumors CONCERNING II Arc Again
Revived.

=
Revived.
New York. July 11.--Thc Tribune says:
One OF the certainties OF the not distant
future. in the opinion of Wall street, lie the
establishment OF transcontinental rail-
way line under Vanderbilt control The
Boston and Albany, the New York Central
mad the West Shore are the Vanderbilt
lines linking New York and Boston. the
great cities OF the Eastern seaboard with
Buffalo and Buffalo Is Joined to Chicago
by the Lake Shore, the Michigan Central
and the Nickle Plate. The Chicago North
western. which Is practically Vanderoiit
road. stretches westward from Chicago 70
Omaha, where it meets the Union faciue'
controlling tnterest IN which also .he
yauderbilts are credited with holding. ihe
Western termini OF the Union Pacific Is az
Granger Wyo.. and Ogden. utah, al pota
OF which points the road connects with the
oregon snort line. from Granger tue
Shor, Ltae runs northwestward TO HUM :
ington, Ore, where 1t connects with the
oregon railroad and Navigation line OK
,enoing to the Pacific coast at Portianu
and from Ogden branch OF the snort Line
goes southwark to Milford. Utah, from
which place the Utah and Pacific is being
built lato California, 1t Is expected Win
view to enabling the Union Pacific TO
gain entrance to San Francisco.
Already, 1t is said, the Vanderbilts are
commonly understood 10 control both the
Northwestern aud the Union Pacific. But
| the Union Pacific in turn controls the ore
| gon Short line, owning controlling inter-
| est in its stock. The Oregon Short line
In turn controls the Oregon Railway and
| Navigation company.
| With these several controls WITHIN con-
| trolls Wall street argues. IL VIII not DC
| beyond the power OF William *. Vanderpiit
TO realize the ambition which he Is every
| where believed TO cherish of combining the
| lines into vast system extending from
| ocean to ocean.
understanding exists between the New
| York Central under the broad management
| of william X. Vanderbilt and the Penn
| sylvania with the guidance OF It's new
| president A. j. Cassatt--.this understand
| ing leading to the development OF plans
I for division of territory In New Engianu
and to an agreement to act together IN
! tho maintenance OF rates--no one now be-
| lieyes, IL indeed any one ever has believed
! that a consolidation of these two greal
systems, occupying such an important par'
| of the field east of Chicago will be erected
AS these natural rivals in business are
working in harmony east OF Chicago, SC
I they may by and by, be found competing
on a basis of good faith and mutual regard
In the Western country. for rumors are be-
sinning to be heard with increasing per-
sistency that the Pennsylvania, like the
New York Central, is contemplating an eX
tension of its lines to the Pacific.
The Atchison, Topeka and Santa Fe Il
the road which report has 1t will be com
bined with the Pennsylvania to form tn
second great transcontinentai system.
The Atchison is in itself an enormon
system with It's nearly 1000 miles
length and It's capital stock of 1898, 900,
ooo and bonds outstanding to the amour
of S126. 900. 900, but this is an era OF col
ossal combinations and 1t is well With
| the bounds of possibility that the two sys
TENS may coalesce. The Atchison has
clear line all the way from Chicago to Mo
lave In Southern California. II uses Tn
Southern Pacifc's tracks for sxty-elgh
miles between Mojave and Bakersheie
from the latter place reaching San Fran
cisco by the line acquored by 1t last yeai
the San Francisco and San Joaquin val
ley road Recently the buying OF Atchiso
has been for the account of the substan
tial interests The Rockefellers are heav
: owners of Atchison securities ana ~ Is
signifcant fact that the Rockefellers nave
within the last month, been active buyer
of Pennsylvania stock.
third transcontinenial line, 10 is pc
lieyed by not few observers Of the tren
of railway ownership and affiliations. VII
come day be formed by the consolidation
of the Baltimore and Ohio, the Grea
Northern and the Northern Pacihc, pu
this combination Is thought 10 be furthe
away than either OF the other Two