Bluefield evening leader. [volume] (Bluefield, W. Va.) 1906-1911, 1907-03-05
DID NOT WA TT THE
TIDEY AFTER R. R.
NORFOLK n WE rrpx ,,
DOWN PROP .,r,o~ nv
TENDED B ROGERS.

So".i0' VI 'ue ewater Railway,
"n'0" 70 oei"e oui by III. II. Rogers
ii'ni 'n0 "eS] v" la coal fields to
the seaboard at n oil, -.
to the Norfolk & ,estar, po,iwov
and refused by Z management, %,
that road. From nat was laarrad
OF the oHer yestt ~ IL was made
shortly before the ent saIa NJ s1o
900 900 of notes the T,dewasar
CONSTRUCTION Con ~. which is to
hnance the comp pm OF the road.
II is understood. fact that tbe
refusal OF the NO & Western to
consider the pure was the direct
cause OF this n issue. the an
nounsement of v aroused so
much surprise Vail Street be-
cause OF the Xs frest paid on
the notes.
While Chalrma NIX, Of the Nor
folk & Western, ed Yesterday to
discuss the offer lie by the Tide
water Railway, Ii ADMITTED I'm au-
thoritative quartz hat such an Of
fer had been ref' by the Norfolk
G. Western. TIT er was refused
not only as a ma of policy adopt
ed by the road soon after Mr..
Rogers made KIN that he would
parallel the MORT, Western from
the West Virgin al fields to the
seaboard, but ais account of the
provisions of the y adopted con-
stitution OF We irginia supple
menting the Fed statutes prohib-
iting the acquisi BIZ a parallel o;
competing line.
With the news his offer by Mr..
Rogers to sell be Norfolk &
Western the line ch he has been
building ostensi compete with
that line <and Chesapeake &
Ohio In the tr; ttation of coal
from West Virg o the Atlantic,
some interesting regarding the
early stages OF Enterprise were
OBJ aimed yesterd
Mr.. Rogers aid, having ac-
quired the larg of coal land
which he now in the Kama.
wha and New coal fields,
opened negotat With the Nor
folk and Wester the transporta-
ton OF this Goa dewater Those
familiar with gotiations said
that Mr.. Rogers ID the coal car
ried at rate v ~ per ton mile,
or about half a er ton mile less
than the Norfo Westerns pres
ent rate.
Mr.. Rogers, said. was in
formed that MS would be carri-
ed at the usual '<1 but for no less.
His rejoinder shall build
road of my ow rry the coal to
tidewater.
The Norfolk stern was thus
confronted wit ew competitor,
which Mr. Rog mised to build
with such low that he could
afford to haul more cheaply
than would ev possible on the
Norfolk & Yves The Norfolk &
Western howe eferred to see
the new line bI n to carry coal
at a loss, and ers went ahead
with the constr of his road.
1t Is the understanding
that after four during at least
two OF which the new line
had been done arge scale. Mr..
Rogers tired undertaking
sufficiently to b sell the line.
Upon what I'd r. Rogers was
wiling to sell not be learned
yesterday. IL own, however.
that represent Df the Norfolk
q western we N surprised at
the news that bgers had Dor
rowed $1O,OO( continue the
construction o ne. The infer
ence has been I'm Norfolk e.
Western circld Mr.. Rogers
would prefer I'd nself OF the un-
dertaking at al like reasonable
terms.
Having refu Rogers origi-
nal proposition ding the trans
portation OF e Norfolk g.
Western has AntIv unframed
the policy Of him TO his own
devices In tn IT OF this new
coal line. belid at the Norfolk
q West I'm ha O long run rel
latiYely little as result oil
his plan to ha coal carried to
the seaboard than the Nor
folk q WesteI willing TO take
Il for. In tn dc the Norfolk
& Western ed up by theI
pennsylvania d, whose lateI
president, A. att. is said to
nave taken tn n that II would
be better for folk e. Western
IN competitio the Ti1ewater
Railway to "a even at 2 mills
per ton mile yield to Mr.
Rogers prop
II is said Rogers. who
according to hose who have
followed the BIZ the Tidewa-