Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-06-23
WIN Not Husin vnsss.

Writing 10 the Chicago Record<Her
aid from Washington. William Y. Cur
els states that Chairman Shonts Of the
Panama canal commission says they
do not expect 20 hustle for business
for the Panama road whiie The canal
Is under construction. but VII handle
all the freight thar is offered 10 them
and are willing TO compete With the
Tehauntepee road ON even terms. he
was much interested In the deseFip
tion Of the splendid facilities that
have ben provided By ythe Mexican
goyernm Mr. handling freight n
Coatzacd4ycos and AZ saiina Cruz. a.
described In these columns, and frank.
wished thu thsy had similar ware
housen - maehinery In the isthmus.
TheM1sIuas - she iShmus, how
eEelss1o - are IA Nh al bad rs
they hnvs been represented ma are
improvisx - the TIM. The com.
plant about delay III naovtns freight
and the alleged congestion of cargoes
intended for California. were not due
10 any defects In the terminal facili.
ties or In the handling capacity of the
Panama road. but to a lack Of coop.
srn1 among the people who are
hava nst been tn the isthmus
- tnrs 1~erin. vice president
ana Ecno<mt manager Of the Pacific
sail Steamship company" said Mr.,
shontk and we have gone over the
at~bo tcgether In a most harmoni.
~ at~mltsfactory manner. I do not
t(xlIi be any further crit.
nm Nr. Schwerin or from
Ra~yeDd<<<ee an s1@&he trafic ON the
49, treaftN I'm positive that
there WIN 10 }S1lker trouble.
We are I'd raid o. the Tehuant.
epec railroad taking our business
away from u.s." continued Mr.
shonts. "but We are not going to
make any special effort to keep II.
We win go right along handling the
goods as fast as they come to us and
building the canal AZ the same time.
or curse We could handle the frfeshs
q good deal easier. II We wera not
building a canal. but We viii 70 to
do both In the most satisfactory man
g We are not In competition with
any nation or any road. We are not
seeking business, but merely taking
what comes TO us, and aresfryins to
give IL the same service that It would
receive from : private corporation.
We have reduced the rates be.
tween New York and Panama about
cne-hsif since the acquisition Of the
property. and have not gone further
than meeting the competition estab.
lished by other lines. II Ii not our
policy to cut rates % get business.
The policy Of the railroad Ii to mike
Its freight charges only high enough
TO cover operating expenses, to. meet
fixed charges. and to allow a reason,
able profit. The aased charges In.
cIude a payment 70 the Colombian
government Of s25o.0oo per annum, OIL
more than 5000 per mile. which
used to he considered fair gross
earnings for a western road. The
through rates to San Francisco and to
points on the west coast have moi
been disturbed. They remain the
same as they were previously, and, u
San Francisco. are from 20 to 80 per
cent. lower than the transcontinental
rates which are made over tracks con
structed for hauling heavy freights.'
work on Pan American Road.
81. Louis, June 2i.-n p. Doak
formerly OF st. Louis, who Is building
the already nprated PaneAmericar
railroad. ID parted for the west
after d sho Lsit with st. Louis cap
i,alists who III associated with hin
In realizing the important project 9
d line to connect the United States
Mexico and Central American coun
tries. !. M. Neeland Of Los Angeles
who interested MI. Doak In the plan
continues to be an active and inna
entail partn&. Mr.. Coax Is presl
" the n Ind lives At Tonaia
|. MexN
(eSse two Americans are credited
W lie achievement or extending th.
lin ng the state Of Tehuantepec