Elko independent. [volume] (Elko, Nev.) 1915-current, 1915-12-28
RAILROAD MEN
EXPECT SHAKE-UP


George Jay Gould and L. T. Jeffery's
successful fight in wrestin the control
of the Denver X Rio Grande railroad
from Il. +. Bush and the Missouri Pa
ciiic road is TO cause a radical change
next week in all the railroad and pas
scngcr agencies Of the companies
throughout Inc country.
AT present the three roads have
combination agency Offices. Gould and
Jcffery are 10 throw the Missouri Pa
cilic out. wanting no more of it's dom
ination III the overland railroad traffic.
The Rio Grandc and the Western
Pacific will start the new year with
joint agencies. This will give them
both an east and westbound business
1T the eastern Colorado gateways;
neutral traffic position with all con-
meeting systems mentioned and East
orn connections, namely. Rock Island,
Burlington, Missouri Pacific and the
TWO Union Pacific lines TO Omaha and
Kansas City.
Both the Western Pacific and Rio
Grande people think the arrangement
will greatly improve their routing ex-
change among all shippers and the
four connecting systems mentioned.
Self interest will cause the Missouri
Pacific 10 exchange freight al the Col
orddo gatcways with George Gould's
line and the Western Pacific. But it
will have to go ii alone with its own
agents in soliciting traffic.
W. J. Shotwcll is now the general
Western agent in charge Of freight for
the three roads in San Francisco. r.
V. CrOwder is general agent for pas
sCnGcr traffic. II is said they will be
retained By the Western Pacific and
Rio Grande.
Shotwcll is one of the ablcsL men
in his line on the coast and has for
years been persona Srata with Gould
and JclIery and Western Pacific pco-
pie.
Edward $. Blair and II. r. Bing-
ham are the respective freight and
passenger agents in Los Angeles. w.
Is. Townsend is the general agent in
Oakland. w. c. Dibblee in Sacramento.
W. c. Mcbride in Portland, Oregon,
j. .. Patton in San Jose and T. S.
BrOsnahan in Fresno.
The ST. Louis authorities of the Mis-
souri, Pacific are said TO have made of.
fers TO get some of them TO go with il
in Independent agencies out here. All
OF them stood well in the eyes of the
Gould cOtcrie.
Just how the now deal Is going TO
affect them will not be known TO the
is made by Gould.
The deal is the latest and another
important step in the collapse of the
so-callcd Gould continuous railway
system and traffic combination be-
tween San Francisco and ST. Louis,
Cleveland and Buffalo. for George
Gould has lost the Missouri Pacific,
the Wabash and his other lines cast
of st. Louis and the Western Pacific.
the latter through receivership.
His sister. Mrs. Finley Sheppard,
has elected to go with the Missouri
Pacific.
Gould. himself. is credited with be.
ing stronger financially than ever be-
fore through wisely investing in other
channels money he took out of the so.
called Gould system.
What he Is going TO do with the Rio
Grandc. the only road he now con
trolls, is one of the most interesting
problems the American railroad world
has TO solve.
Following the completion of plans
the committee in charge of rCorganiz-
ing the Western Pacific railway is to-
day advertising the details agreed up.
on.
Announcement Is made that the
holders of the issue of S50,0O.000 i'm
FIRST mortgage bonds will take over
the company and its assets in their Ell
tii"ty, while the holders of common
stock, the creditors and the second
mortgage holders will receive moth
ing.
The Western Pacific has suffered
from lack of branch lines or feeders.
After taking over the road the reor-
ganization committee will issue $780,
100000 of new first mortgage s per
cent bonds. OF this s2O,OOO.O0O 1t is
planned to spend $10,5OG,z50 in con-
structing branch lines and feeders, TO
spend $2,570.750 in bettcring the main
linc In this state and $3,514,000 for
modern freight and passenger cars.
The branch lines will be constructed
in this state and include an invasion
of the rich fruit districts Of the Santa
Clara and Pajaro valleys, tentative
surveys of which have already been
made.
Following the wiping out Of the in
debtrdnCas In the manner described