The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1904-11-18
.i62,9S1 $S.bo.Suo,ooV
Total mileage of all roads in the coun-
Total i !, car capitalization, Sl4,s Sc, 600, 900.

Chicago, Nov. 16.-Details are work
ing out rapidly for the formation of the
gigantic railroad trust beside which all
the other great trusts heretofore or
ganized in this country dwindle into
insignificance. y dozen eastern tinan-
ciers headed by the Standard Oil in
terests with their unlimited wealth eN-
pect 10 control the entire railroad sys-
TEN in the country and prevent compe-
tition among the various roads.
The plan is to divide the railroads of
the country into a few group or sys-
TENS, each n of which is to w a
substantial interest in the stocks and
securities of every other big group or
on each others board of directors.
5000 Miles of Road.
The dozen financiers, all represented
on the boards of the various roads,
will control, from present appearances
more THAI 10000 miles of railroads.
including every important trunk line
in the country, representing a capital
iaztion of about 5000 million dollars in
stocks and ponds. They will see to it
that the roads are managed as ecorom-
ically as possible and the rates kept
up to as high q figure as the traffic
will zeal in order to secure all the rev
enue necessary to pay good dividends
VII liz SiAoA iilo'tho ~
The %recouping OF systems, which has
been going on for some time, has not
yet been completed, but from present
indications the western roads Will be
divided into about six systems, the
eastern into three or four, with the
southern and New England lines form
ing a separate system each The west
ern systems or groups probably will
be as follows:
Stocks, bonds
Systems. Mileage. and debts.
Hartman, including Hi
nois Central ......... % 900 81, 2$4. OoO.0 oo
Could including Wabash.14 700 Gi7,o 100000
Hill. including Burling-, ~ y,
Rock island, Frisco
ss mooT res and allied lines s.7ss as 49S, ,"SS. COO
Rockefeller. Milwaukee
e st. Paul, etc....,...11, 200 Gl0,ooo,0C0
The eastern systems probably will be as
follows:
vanderbilt ...."~..~.. 90 s1,1ts 4 S soo Geo
FThnsP geTa N1arouettc q 0'iS' l'e'-' w.
Totals.........-.""..45,5S3 sS,o63, 5000 COO
The southern railroads are all con-
trolled by j. F. Morgan, except the
Illinois Central, which is classed with
the Hartman system. The mileage OF
Morgan's Southern railway system is
1850 miles, with a capitalization of
s297,500, 600.
GouId's Big Ambitions.
The plans of the Gould interests are
known to be most ambitious. 1t is be-
lieTed to be their intention to con-
struct or establish a transcontinental
line stretching from the Atlantic to the
Pacific. Through the acquisition of the
Wheeling & Lake Erie, West Virginia
Central and Western Maryland, With
the construction of some new mileage,
the eastern terlninus of the Gould sys-
tenn practically has been moved to the
Atlantic seaboard.. Through the &C
QUESTION of the Denver e Rio Grande
and the Rio Grande western, the west
ern terminus has been advanced to Salt
Lake City. Arrangements have been
made lately for the construction OF a
new road to be known as b Western
Pacific, in which the Goulds are largely
Interested, and which is expected to
furnish them with the desired outlet
from Salt Lake City to San Francisco.
The Western Pacific, If carried to COM
pletion will become, a direct rival of
the Southern Paciec,as q trunk line to
the Pacific coast The capitalization
of the Western Pacific is as follows:
Bonds fso-year, s per cenD...... 5o,Oo0,oN
Gould and Vanderbilt.
The Vanderbilt system is the only
f, one in the east that extends into the
territory west Of Chicago and the Mis-
sissippi, Just as the Gould system is
the only western one that laps over into
eastern territory. The Va%nderbilts. how
ever, unlike Mr.. Gould. are making
no effort to extend the Northwestern
to the Pacific coast, but are content
With the traffic alliance the o a has
4. 7 ST. :, =, 40 Jyy,int1 and Sn1Jf1SD,t