Pine Bluff daily graphic., 1903-02-02

to the Memphis Commercial Appeal
says:
The Morgan Interests now dominate
the Frisco. This fact has been made
known on Wall street. 1t has peculiar
significance. and ycrifies and confirms
the reports of transactions that the
Commercial Appeals correspondent
sand W"r" under way. The street de
clateS that in the near future this
great firm 0f bankers and railroad
men VIII Unite Tie scattered elements
OF the Frisco, and unity the system SO
as to make it a greater force in the
southwest. To what extent plans in
this direction have been made is not
known. This is being kept a dark
secret The promoters are sleeping
with it under their pillows. 1t is
known however, that this is the hard
est blow that the Morgans have hit
the Goulds in the southwest; and this
feature of it is prime matter of dis
cussion here.
With the advent of the MOrgans in
to the southwest comes the equally
startling news that an arrangement
is pending looking to the union of the
Frisco and the Southern railway That
this has been in contemplation for
some time is we'll known: and the
fact that the Goulds We're endeavoring
to purchase controlling interest in
the Frisco. no doubt. FASTENED the
deal. The street is watching the situ-
alton in the southWes with interest,
and every move that is made empha-
sizes what has been said in these dis
patches about finish fight between
the Gould's and the Morganis for con
troi of the southwest
Morgan and his crowd had to sell
The Louisville and Nashville, because
lheir own holdings in the group Of
reads known by his n3me were paral
Jet lines. and this was contrary to the
laws OF the land. They had to find a
purchaser who would do thrm the
lnast da"G@e. C"rl3 was OH uf III"
question; tie EIarrimans could aot
take it over because they were a
c"mnotne system Therefore an Eat
prn read. which had no holdings il tho
south was selected, and the Louis
vile and Nashville turned over To il.
II WAS the best bargain that Morgan
could make, and q bad one it turned
out fer him. He rucs it WOcfGlly
nov, as any one can see who, for
minute. studies the desperate game
that he is playing in the south and
southwest The Atlantic Coast Line
as ideas, it understands the future
Of tie south. and believes in il, and it
is going to get part of the riches
that follow en- its development. That's
what worries Morgan That explains
ltlS fiIStO ucdl
The Frisco has announced its inten-
ton of building from Hope, Ark,
Orleans 1t has engineers in the field
surveying a line through Indian Terri
tory and Oklahoma, towards Calves
ton and Dallas, Texas. On the west
it's lines art to be extended beyondElls-
worth, Kas., and Kansas City. but just
how far it is not known. The Morgan
group includes the Santa Fe, which
the Rock Island is trying to take over,
with little chance OF that happening.
This new alliance, or union, term 1t
what you will, of the Frisco and the
Southern evidently will prevent the
Rock Island fro acquiring the Santa
Fe for it will be needed to complete
in a measure, the plans of the Nor
gan interests to belt the American
continent.
Since the announcement of this pend
ing arrangement was made early ir
the day. There has been considerable
speculation as to the outcome or resul
to the Gouds and the Harrimans. Here
in New York this is an immense prot
lem, but it is realized that the people
of the south and southwest do not wor
ry about it. That they are most con