The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1904-04-07
WESTERN ROADS
ARE INTERRELATED
Six Great Trunk Lines WorI
Together for Their Mutual
Benefit.
or INTEREST
Thus Serious Disagreements Are Pre-
vented Among the Large Com
panies-MiiIions Are Involved
in This Cooperation Plan.

New York, April Sit is manifest
that no one railroad interest in the
west stands alone, and that the con-
nection is growing closer. The North
ern Securities decision brought them
closer together thai at any event ever
did before.
How closely interrelated these great
interests are in the direction n con-
is set forth as follows:
George Gould-Director Of the Mis-
sour Pacific, Union Pacific, Southern
Pacific. Alton. Oregon Short Line,
Missouri, Kansas and Texas, Mexican
National, Kansas City Southern.
J.. P. Morgan & Co.-Represented on
the board of the Atchison, Burlington,
Northern Pacific, Great Northern, Erie.
e. H. NEUTRALITY-SUSPICIOUS. of Alton,
Burlington, Northern Pacific, Mexi-
can National, Northern Securities,
Illinois Central, Union Pacific,
Southern Pacific and all other So
called Hartman lines.
James Stillman - Representing
Standard Oil 1nterests)-Director of
Union and Southern Pacific, Alton,
Burlington, North Western, st. Paul,
Northern Securities.
The Rockfellers-(J. D., jr., and
NEUTRALITY-SUSPICIOUS. of st. Paul, Mis-
souri, Pacific. Missouri, Kansas &
Texas.
The Mills Cd. o. and ogdem-In
Rock Island, Great Northern and
slightly interested in NORTHWESTERN.
Community of interest,""
Here is Community of interest"
in a nutshell.
1.-The controlling interest in Union
Pacific, +. II. Hartman, is a director
of the Hill lines, and of Illinois Cen
trail. The controlling interest in st.
Paul, Rockefeller, is represented by
three men on the Hartman roads.
The controlling interest In Atchison,
Morgan, is represented on Burlington,
Great Northern and Northern Pacific.
The controlling interest in Missouri
Pacific, Gould, is represented on Union
Pacific n all other Hartman lines.
The practical result is that though a
grain rate war has been raging around
Omaha for the past few months, the
big roads ave uniformly kept to the
schedules in all other products and
have stood together against the dis
; turber.
1t happens hat at this moment
there is not one Of those great rail
q roads or of those great railroad mag
= lidlSS IHal No IN CcSliilS dpodt ASi
v a nice convenient way to raise SOM
/ money.
The Great Northern has notes tina
s come due, and has some more rail
n road to build in the not far distan
future. Mr.. Hill would also like t
e get his ships paid for and fairly OF
their way. He thinks money investe'
on the Pacific will pay rich returns.
Millions Are Needed.
v | Jt-se,, ap>r;G1. No.. % aoafi,c doh
of about SIS, 900, 900, and is buildin
roads that will call for in all about $50,
900, 900. Moreover, there is Western Pa
cific, which is going to cost an aWfr
II lot of honey
St. Paul would be much obliged fc
e about $3.50, 900. 900 and would start I
build a line to the Pacific coast tomol
4 row if it We're quite sure about tn
. money.
q Union Pacific wants about $40 10000
&c to pay for some equipment bought wit
y borrowed none and to pay back son
OF the capital used up lately in extel
siye little repairs and double track
etc, IL costs a lot of money to doub
track from Omaha to Ogden.
Southern Pacific could get along wit
about $50, 900, 900 Of cash. of Whit
about $50, 900, 900 would be handy
al pay off bonds that fall due III 1866
and the rest to pay off the floating de
ng and to pay Tor Such luHurleS as u
Ogden-Lucin cutoff. Also there is Il
San Pedro route, which will cost Il
Southern Pacific in all about $50, 600, O(
Atcl1ison will want about 100000
as only, of which SIS, 900, 600 will pay f
a the north California extensions and t
C rest for the Paul's valley cutoff, et
Rock Island wants about S2O,000,C
ne right away, and has a little bond iss
.rs of S1G3, 0G0, 900 recently authorized.
ne $500, ooO 10000 Involved.
,er Added together, the reason why
he the big interests want harmony "
OF aggregate about $500, 00O,0 900.
.cs One western man says that II sol
one came along with a billion to invt
in western railroads they would take
,en and use 1t all up without much trout
the This Is the situation In which I
plans of the magnates have landed
ast northwest and west. Every trunk /
to from the lakes and the rivers to
oc- Pacific is closely related to every otl
trunk line. There Is no ownership
h1,r corporate connection. That is unla
and ful; there is cooperation and resp
de and mutual forbearance. The days
great inyasions, great rate wars, or
nv wars of various sorts are over. IN
the magnates hold in fee over 10000 m
,erS OF tfunk line. AHQ tHey ait co-opsAs
tha 8 80