The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-08-11

MORE ABOUT TAE PURCHASE OF
THE FLORIDA EAST COAST BY
THE COAST LlNE-sOUTHERN
MAY QUIT FLORIDA.

A few weeks ago the News printed
"a rumor to the effect that the Allan
tic Coast Line had purchased the
Florida East Coast railroad This
rumor was persistent at that time, but
1T has now developed that there is
something in the report, and in this
connection number of other changes
are also reported The Savannah
Press Of yesterday Publishes the fol
lowing about the rumorad changes:
Has the Atlantic Coast Line secur,
|ed control Of the Florida East Coast
railway?
This is the question that is agitat-
ing the minds of railroads officials
here and in various other sections Of
the country, The statement is made
in high circles that the Coast Line has
secured control of the road and that
in a short time public announcement
of the consolidation viii be made.
1T is pointed cut that Mr.. Henry
M Flae@sler, The ownar Of the proper
ty, has completed as much of the
Key West extension as he proposes
to, and that he is quoted as saying
that he does not intend to build his
concrete railroad any further towards
Key West.
1T was the understanding when
the Southern railway entered Florida
at the same time that the Plant sys-
tenn was merged with the Coast lime,
that the former should have a free
field to buy the East Coast, when it
should be placed on the market. IT
lis now said that the Coast Line wants
the property and that for certain con
cessions they have agreed to make
that the Southern will stay in Flori-
da only nominallS and that it will
give up it's trackare between Savan-
nah and Jesup and cease to operate
passenger and freight trains between
Savannah and jacksonville, It is also
understood that more advantageous
arrangements for the Coast Line will
be made on the through business
from the west, which is run THROUGH
JesUp.
y. C. L. to Stay Out of Atlanta. 4
"The Coast Line, in consideration
Of the concessions granted by the
Southern, is to say cut Of Atlanta
and leave the bus .se pas ing
through that great eatdway to the
Southern. For some years the Coast
Line has been threatening to put on
la through train servicea between the
East, through Augusta and ever the
Georgia railroad This service would
seriously interfere with the eastern
business Of the Southern and as it
has never made a success of the Flor
ida business to New York and the
east, it readily acquiesced to the plan
to let the chance to get the East
Coast go and to remain only nominal
ly in Florida, just as the Coast Line
is nominally in Atlanta
There are a number of physical
Irea3ons for the belief that the Coast
Line has secured control of the East
Coast, or is about to get it, the main
one Of which is that the two roads
nave COuSolludteu lnclr JackSOnVllle
agencies and that they have also
built jointly great freight depot
These are some Of the straws that
point to the belief that the two roads
will in a year or two at most be oper
lated under one management.
"The Coast Line has long wanted
the East Coast property. It is a8plen
did piece Of railroad and is good
money maker IFS physical condition
has been BROUGHT up to very high
Istandard and it could be easily main
j tanned az It is"