The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-08-25
WHAT WOULD IT MEAN?
The Gould Interest Able to Compete
With Other Systems.
IMPORTANT EXTENSIONS TALKED ABOUT
The Building of the Wadesboro and Winston
Road and the Extension Of The Cape
Fear and Northern to Cape
Fear and TO Durham.
Fear and to Durham.

Are we to have new big railroad
system permeating North Carolina?
There are some indications that point
that way, and behind it is the rich
Gould interests able to compete with the
capitalists who own the other three big
systems in the State. 1t would be
good thing for North Carolina for, with
in reason, we cannot have too many
railroads. There are many rich sections
of North Carolina that are without rail-
road facilities and a large number of
leading towns that have only one rail-
road system.
The purchase of the Norfolk and
Western Railway by the Gould inter-
ests has caused much talk and it is be-
lieved to be one of the plays that Gould
is making to get an Atlantic seaboard
outlet in the North. The Associated
Press telegram said:
Control of the Norfolk and Western
will be used by George j. Gould to fur
ther the interests of his railroad sys-
stem. If the Pennsylvania Railroad will
withdraw opposition to the Wabash in
Pittsburg and agree not to thwart Goulu
in his effort to get an Atlantic Seaboard
outlet the recently acquired interest in
the Norfolk and Western will be sur.
rendered at price which is fair This
is the latest of series of strategic
moves by the Gould group to the end of
forcing an eastern outlet
1T is believed that President Cassatt
of the Pennsylvania Railroad, will de-
cline to make any compromise with the
Gould party which would be disadvan-
tageous to the Pennsylvania
Commenting on this news the Manu-
facturers Record says
Recent buying of stock of Norfolk
and Western Railroad has given rise to
report that it is to become the east
ern end of another system, extending
east and west through a portion of the
Southern States. According to the re-
port, line may be built from Knox
vile. Tenn, to Bristol, the terminus OF
the Norfolk and Western. From Knox
vile connection would be obtained
With the Choctaw and Memphis Railway.
in operation from Memphis to a point
in Indian Territory. If the combination
referred to is carried out it would rep
resent system of several thousand
miles in length, terminating at Denver,
Colo"
The Norfolk and Western railroad al
ready reaches two of the leading towns
of North Carolina-WinSton and Dur
ham, and if the Gould interests have
bought it "for keeps it is practically
certain that they will make two ex-
tensions about which so much has been
written and of late in North Carolina.
The Winston people have believed for
some time that the Norfolk and South
ern would be extended from that place
to WadesborO via High Point or some
other point on the North Carolina Rail-
way, and the Wadesboro people have
been urging the building of the road to
Winston. 1t was believed by some
that the Seaboard was behind the talk
of the Wadesboro and Winston road
but this seems to be a mistake il the
Goulds have bought the Norfolk and
Western.
For two or three months there has
been persistent report that the Cape
Fear and Northern road, from
Apex in Wake county, to Angler in
Harnet county, had been bought by the
Norfolk and Western and would be ex-
tended to Durham on the North and to
the Cape Fear on the South, giving q
direct line from Fayetteville or Dunn to
Lynchburg via Durham, developing a
country rich in timber and agricultural
possibilities.
Let us all hope that these extensions
will be made.