The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-02-05
Orient VIII Have to Peddle
Bonds Among the French.
New York Banking Firms Boy
colt StiIweIl's Plans.
SHORTEST ROUTE TO COAST
This Is Reason Orient Is Meet
ing With Big Opposition.
Other Items of General Interest
in Traffic World.

New York, Feb. because Of the
Vaccinations of the American money
trust and its far reach around the
world. Arthur E. StiIwell, president
and builder of the Kansas City. Mex
leo & Orient railway, will be compelled
to pedd1e his securities among the
peasants of France in order to dispose
of the issue of 100000 of 5 per
cent bonds OF the company recently
approved by the French gOvernm ent.
Through his agency in Paris Mr.. Still
well had made arrangements to sell
the securities through the big banks
in the French capital, but the Pa
risian bankers at the last moment re-
frankly informed him that their re-
fuSal was due to "unfavorable re-
ports received from big financial in
terests in New York.
1--WE shall now be compelled to dis
pose of this issue in France just as
we have been compelled to dispose or
our several other issues in this coun-
try and England, that is, We shall have
TO peddle them among the people OF
France said Mr.. Stilwell.
1--WE have literally had to go in per
son to thousands of people We knew
had money for investment to sell our
securities, in order to raise the ST.
100000 we already have expended N
construction and equipment or the
line from Kansas City to Topolobampo-
It was not long after we started before
our enterprise here in New York.
ION what condition do you think
you might be able to overcome TINS
opposition from the money trust.
MI StilWen was asked.
"Only on one" he quickly replied,
land that is that we would turn our
road over to the bankers and the 9TH
er financial manipulators in New York
who now control the entire transpor-
tation system of the country.
What in reality is the cause OF the
money trusts opposition to your en-
terprise ?" he was asked
THAT question is very easily an
swered.'' he replied. "Our line Will
make the shortest route to the Paclnc
coast That of itself would mean a
decrease OF the transcontinental
freight rate At Topolobampo we are
100 miles nearer the Panama canal
than is san Francisco. Under our
shipping and coastwise laws We can
and will cut the water rate between
Atlantic and Pacific ports so per cent
Topolobampo being a foreign port we
can furnish cargoeS to foreign bot
toms. This cannot be done at Amer
lean ports under our shipping ana
coastwise laws. which require that
only American ships can carry cargoes
between American ports We have
already made arrangements with the
Ham burg-American Steamship COM
pany to load their ships at TopolO-
bampo for New York and other
American ports in both directions.
IN its flow. business, like water,
seeks the lines of least resistance.
There are now in operation north and
south line railroads from the north
ern border of the United States to
Topo1obampo. AS naturally as water
runs down hill, a great bulk of the
traffic of these lines destined for east
ern and southern ports of the United
States will seek tide water at Topolo
bampo. And you understand what the
real milk in the cocoanut is added
Mr.. StiIWeii with emphasis. THAT is
the real reason the money trust, which
dominates the whole transportation
system of the country, is striving with
all its might TO crush US. We need
$15,0O0.0OO or 100000 with which
TO close up the gaps in our main line
from Kansas City to Topolobampo /
and construct a short line from san
Angelo, Tex. to connect with the
Mexican National railroad on the Rio
Grande, which will give US two or
three outlets on the Gulf of Mexico. !
In spite of the tremendous odds
against us we are not despairing of
marlT-