The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-08-28
urNIr,v R,HW,,S uER.EH.
Natisnai s,,,em t.~ts gsatrsi 81 Pan
american and vera srruI and I,thn,us.

The National Raiiwayn OF Mexico has
secured control Of the PAD-AuwrioAn
Railroad from aX-Cnitsd States Amhaz-
Sador 20 Mexico David y Thompson and
has aS~nciates and has alsn acquired from
IN" McNican Government the Vera Cruz
and lsthmus Railroad These two all
ditIonS To the ~pmIanY's lines mean an
incr~as" m mlleag" uf something like
S0 miles The eNACt nature of the trans
actions has not h"en made public. hut u
~ understood that a statement will he
issued shortly by the company
The Pan Anerican Railroad was under
taken as "a projection from Geronimo
Mexico. On th. Tehuantepec National
Railway for distance Of approximately
Nj miles To the southeast and touching
the Guatemala border The road IL not
yet completed. but considerable part
Of II Is now IN operation shortly after
Mr. ThOmp~on left hrs post as AmhaSsa-
dor IN the spring of I9Os ne assumed the
lead IN the enterprise and II IL known
generally that Paul Morton. president 81
the Equitable 1.lfe Assurance Society.
purchased an interest in the property
Tn" Mexican Government allows the
road a subsidy ~ about Sio.GO gold a mile
Tn" authorized ~tocA ~ siO,OoOn OD. "
which So sp0 Ooand also 81. an. oO0 general
mort gage bonds are owned by the Pan
American company and deposited under
It's collateral trust = per cent bonds. The
rest ot the general mortgage bonds 10 the
amount OF -, WptsD arr reserved To retire
the outstanding frs, mortgaR. bonds.
Tn" Vera Cruz and lsthmus Railroad
was formerly known a. the Vera Cruz and
Pacific Railroad Company and has be~n
controlled for many wears 10y the Mexican
Government II runs from Cordoba. on
the Mexican Railway. TO Santa Lucretia,
about @h miles, whore It connects with
the Tshuantcper National Railway also
owned hy the Government and from
which point II connects with Salina Cruz.
10 miles away, on the Pacific All Of the
tl.D.tSD stock Of the Vera Cruz and
Isthmus Railroad Was owned 10y the
Mexican Government which guarantees
it, bonds 10y Endorsement
On" of ia" most significant facts about
the acquisition of these two railroads IL
that th" system will now have an outlet
into Guatemala Hut II dos not mean
that these lines Cpmpris. all the rail
roads m Mexico M. south bern Pacific
has "A nearly completed line on the Pacific
coast There i also th. Mexican North
western Railway, m which DR. +
Pearson - IN" controlling figure. hesiies
the Kansas CITY. Mexico and Orient
Railway With T. Sillwsll and hia as
Mexican Railway. IN" Longest established
Of all which - owned bv English capital.
and the lines Of which run from Mexico
city To- Vera cruz
From time to time there have been
REPORTS that thI. last named ROAD would
h. absorbed bv the National RAILWAYS
DU' Their. appeared to To- Utll" need for
thI> InaSmuCh a. TIA" National Railways
runs ia" lnt-roCraEIc RAILWAY which
covers Tho same territory
But with these two new additions the
lIn"~ ~ IA" National Raiiwsys ar. cob
wsbbed pretty thoroughly over the map
Ut Mexico Ib"Ir three entrance points
AZ the north arr ~ Paso. laredo ana
Eagl- Pass me main strands Of b.
~yst-m converge AZ Mexico city. mt
Their" ar notable oh-hootS Ia Durango,
Matamoro- Iampico Gusdala lara. Vera
Cruz. and now to IN" Pacific ~ Man
,anI.Ip and Sahna cru
Included IN this system are he Me xlCsn
International Railroad, which was re-
GENTLY taken into IN. National Railways,
and IN. National TshAuntep-c Railway.
owned nv IN" Government. but not a
corporate rar' ~ m" National Railways