New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1910-08-10
HEAVY CAPT. Al
BACKS PEARSON
Aspirant For American Railway
Hon0Is Big Promoter.
IMPORTANT MEXICAN FACTOR.

English Capitalists invest $110,e0o,000
In Diaz Republic In transportation
Lines, Lumber and Other Industrial
Features-LoweI Civil Engineer Also
South American Figure.
The recent elimination Of DR.. H. S.
Pearson from an important position in
the American railway world through
the liquidation Of the holdings of the
Farquhar-Pearson syndicate in Lehigh
Valley and Rock Island recently has
invited the attention of the financial
world to the activities of a Massachu-
sets civil engineer who in the last ten
years has gathered about him group
of financial interests whose wealth
runs into the hundreds of millions.
Frederick Stark Pearson was born in
technical education at Tufts college, in
that state. He subsequently became
an instructor in chemistry in the Mas
sachusetts Institute of Technology.
While young man be became inter-
ested in the construction of electric
light and street railway enterprises in
Massachusetts and built up large fol-
lowing among investors in New Eng
land.
BIG Work In Brazil.
DR.. Pearson then went to Rio de
Janeiro and San Paulo, in Brazil, where
he installed electric light, power and
street railway systems. In these en-
terprises he first became associated
| with English capitalists and built up
a close connection with the banking
house Of Sperlin & Co., Percival Far
quhar, P. M. Horne-Payne and 81. NJ.
Hubbard, well known London capital
| lists.
From South America Dr. Pearson ex-
tended his field of operations to Mex
leo, where he built very large hydro
electric plant at the falls Of Necexa
river, near the City Of Mexico. In this
enterprise alone about $46,000,OO0 has
been invested. Altogether DR.. Pear
sons associates have spent over $11O,
100000 in the republic Of Mexico.
It is DR.. Pearson's entry into the
railway world of Mexico few months
ago that brings him into special prom
inence as a financial power. He anC
his associates now own the nucleus OF
what promises to be one Of the great
est independent railway systems il
that country. 1t will form new trunk
line, reaching from the United State:
border to the port of Agiabampo, OF
the Pacific coast of Mexico
The Mexico Northwestern system
will aggregate about LOO miles O.
track as now planned. The report tina
it will afford an outlet for the Rocl
Island to the Pacific coast Of MeXic,
lends additional interest to the project
In Mexican Manufactures.
Besides his vast electrical and rail
way interests in Mexico, DR.. Pearson
is at the head Of the largest lumbe
manufacturing enterprises in Mexico
He and his associates own 100000
acres of timberland situated adjacen
|
This is said to be the largest privatel
owned timber holding upon the cont!
nent. 1t is estimated that there ar
, 1000, 100000 feet of pine lumber upo
the tract.
This 100000 acre timber tract GOV
ers such a wide expanse Of territor
that parts of it have been only CASUAL
, explored. 1t is a paradise for viii
game, such as deer, bear and man
other kinds of animals. Connecte
with the lumber manufacturing enter
} prise, DR.. Pearson and associates OF
crate large turpentine stills.
2 There is apparently no limit to th
!, industrial expansion Of the Pearso
interests in Mexico. One of their lates
enterprises is the construction of
steel and chemical plant in the City c
Mexico which will represent an inves
=, ment of more than $l,)O0,000e in gol
when finished.