New-York tribune., 1900-09-13
BRIGHT HOPES FOR FUTURE.
RAILROAD AND SHIPPING MEN THINK
GALVESTON WILL RISE-EFFoRTS
OF OTHERS TO GAIN

Daily the reports becoming more numerous
that Galveston will be restored TO the condi
ton 1t was, and its supremacy among the ports of
the Gulf While for the most part these reports
ernanate from companies and individuals who
interested in the development Of land at other
points along the coast vet the Idea that the future
of Galveston port is doomed springs largely
from the impression that capitalists will hesitate
20 spend money In rebuilding q city whose natural
situation and formations afford such little protec-
tion to property against the elsmants. Railroad
and steamship men in this city are. however. by
means inclined to regard the outlook or Gal
weston gloomy.
Charles H. Tweed chairman OF the Board Of d.
rectors of the Southern Pacific Railroad denied
the reports that his company intended to abandon
Galveston and establish instead terminal at
New-Orleens. He said he felt that the com
pany would repair tho damage done to its property
at Galveston and proceed with the docking and
other improvements which had been planned
Although this disaster has been serious one. ="
Mr.. Tweed continued, Il do not think that II VIII
mean the end of Galveston important ship
ping port. No definite reports have been received
TO the extent of losses there. The two piers
already completed the property OF the Southern
Pacific certainly badly damaged. Any esti-
mate of the amount Of damage would be only q
guess, but / should say that II would fall below
$4,000. Three hundred and fifty thousand dollars
had been spent the piers, and $4,000 paid for a
short line from Galveston Houston, which was
destroyed.
possesses
and the business of our company in that port will
go on New-oreans ALSO possesses ADVANTAGES,
and there will always be shipments from that port.
ports depends mot on the viii OF any set ot men,
facties Galveston is the natural outlet for much
OF the grain and cotton raised in Texas we'll as
for many California products shipped TO Gulf and
Atlantic ports Its position as a commercial centre
great e deal in improving the harbor. so that large
ey ehS are no" aO 10 cross the 0a ana COCK al the
A. F. Walker. chairman of the Board of Directors
OF the Atchison Topeka and Santa Fe, also ex-
pressed the opinion that the city would be thor
oughly restored as speedily as the rebuilding could
has, of course. suffered serious blow, and with
the city covered with mud and wreckage, IL Is easy
to prophesy evil for its future But two weeks will
get the dead buried. and careful estimate of the
actual loss This loss is tremendous there can be
aggerated Galveston will be rebuilt and quickly,
because the site combines the greatest natural ad-
backing. 1t is imperative that have port on
the Gulf-the- extent of shipping demands IT. Gal
low position. the best site, and see reason why
II should not be rapidly rebuilt"
MALLORY LINE TO KEEP ITS TERMINAL.
Henry r. Mallory of C. H Mallory Co, own
of the Mallory Line of steamers. in speaking OF
the future of Galveston yesterday said
Texas will naturally seek outlet through a
TO the harbor of Galveston. II the city were wiped
out some man with money would begin to build
there.
Locally, Galveston has suffered great loss which
Is not covered by insurance. but the disaster has
not robbed the city of its value as a port
In answer TO a question 20 whether the dan
ger from a similar storm might not be obvated
by rebuilding the mainland, he said:
It would not be practicable to rebuild Galveston
on the inner shore OF the bay. There is no better
location for the city than its present one.
The Mallory Line, he said. had intention OF
abandoning Galveston as a terminal port.