The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-02-18
FOR GREAT SYSTEM
! ACROSS CONTINENT
TranScontinental Line With
Through Service Back of
Missouri Pacific Deal
AMBITION OF GOULD
REALIZED BY OTHERS
His Pet Scheme May be Car
ried Out With Properties
He Controlled but Now
Shifted to Other Hands

NEW YORK, Feb. 1s.--A new
transcontinental railroad. with
through full train service between
New York and San Francisco. and the
entire Middle West. especially that
section between the Great Lakes and
the Gulf of Mexico. Is impending
This. wall street heard to-day. Is
what has been behind the fight for
control of the Missouri Pacific that
has agitated financial circles for many
days. The shifting of control OF the
Gould properties, Ii was asserted to-
day. will make possible the transcon-
tinental route which has been the pet
ambition of George Gould's life and
which will be realized with the prop
critics he controlled. but under other
management.
Stngularly enough. the line OF road
which brought Jay Gould. founder of
the Gould fortune. into the. limelight
will probably be the. inlet" into New
York-the Erie system. the fight for
whose control and management
brought about black Friday" and a
sion OF titled son-in-law and q
promise OF a place at court will re-
compense George Gould for the dis
appointment In seeing others con-
summate his lifelong desire was
potent question In Wall street to-day.
Big Lines Together.
Through the acquisition of the Mis-
souri, Pacific Railway Company. Kuhn
Loeb e. Company, John ID. Rookie
Teller. Blair 4 Company and, the
Deutche Bank control viii be able to
~ ttzJ~
Rio Grande, the Western Pacific. and
probably also those OF the Wabash
and Texas Pacific. This leaves only
the Erie to complete the coast TO coast
. route, and Kuhn. Loeb d Company
already have a substantial line into
the Erie through the Hartman es-
tate's holding of the Erie bonds AS
the Morgan interests are entrenched
In Erie. 1t IL believed that banking
, frms will be given finger in, the
/. pie" thus adding to the Morgan mil
lions without any unnecessary ex-
ertion by the head OF the house.
Keep Commission on.
In connection with the new road
Wall street hears that to keep the
Interstate Commerce Commission from
"meddlingr with its consummation, a
, deal will be made whereby the Wa
I bash lines between Chicago and De-
troft viii be turned over to the Ca
madam PHEinc for proper compen-
satiofi." which might take the form
Of q "gentieman's trade agreement -
then the commission could not inter-
fere on the ground that the Erie and
Wabash tracks, under one manage
ment, paralleled between the two
cities The Canadian Pacific now en-
tiers Chicago from the northwest over
the Wisconsin Central and with con-
troll OF that portion OF the Wabash
between Chicago and Detroit IL would
have an inestimabiy valued eastern
( outlet.
The new transcontinental road
would then be routed from New York
to Huntington. Ind, via the Erie:
from Huntington to Kansas City via
the Wabash; Tram Kansas, { City, to
Pueblo. Colo. Via the Missouri Pa
cific; Pueblo to ogden via the Denver
and Rio Grande, and from Ogden to
San Franeico via the Western Pacific.
With the connections made possible
by this arrangement the new road
would have an outlet into every really
hig city in this country and the traffic
possibilities would be enormous