Albuquerque morning journal., 1920-01-23
F INANC|ER HAS
PLAN To SOLVE
HUGE PROBLEM
Z. FOR RAILROADS
Would Group Whole Of
y Transportation Lines Into
"A Groups for Purposes Of
Tariffs and Finances,
SANTA FE AND FRISCO
TO LEAD ONE SYSTEM
Plans for A, 7, as. F, Would
Consolidate 21,216 Miles
With Gross Earnings of
Sl0,622 Per Mile.

Especial Correspondence to The Journnl)
Washington, Jan. 22.-Consoh'
dation Of the PENNSYLVANIA railroad
system and the New York, New
Haven & Hartford into single
system; the New York Central
Boston a Maine, Maine Central
and a number of smaller lines into
one system; the Erie. Lehieh Val
ley, Wabash, pere Marquette, and
seteral smaller roads into sys-
TEN; the Baltimore & Ohio, Ches-
apeake & Ohio, Philadelphia II
Reading, Norfolk & Western and
some small lines into system. and
l46 other class railroads into ten
other competitive systems Is pro-
posed by John e. Oldham, of Bos-
ton, vice president of the Invest
ment Bankers association, in Il
statement today submitted to the
conference committee which is en-
deavoring TO harmonize the differ
eEce between the senate and house
railroad bills. The grouping Of
the fourteen systems suggested
with mileage and gross earnings
per mile Is as follows.
Southern Pacific Systcm-Tke
southern Pacific with the Arizona
Eastern; Galveston, Harrisburg &
San Antonio; Houston & Texas
Central; Texas & New Orleans,
Houston, East & West TeXa'' Lou.
isiana Western; Norrhrrn Lot ISL
ana q Texas 'hesn indoDandent
lines; Missouri Kansas n Texas,
Chicago Il Alton; Kansas City,
Mexico g. Orient; Kansas City
southern; San Antonio & Arkansas
Pass; Missouri, Oklahoma a. Gulf;
Missouri 4 North Arkansas; Louis
lana & Arkansas; Wichita Valley;
Trinity q Brazos Valley total mile
~, 1862; earnings per.mllc s1l, !.
$50.
Northern Pacific burlington
Systematic Northern Pacific with
the lines under It's control includ-
ing the Chicago, Burlington q
Quincy; Colorado Southern; Fort
Worth & Denver City; Spokane,
Portland a. Southern, and Colorado
Midland; total mileage, tS,30S,
earnings per mile. $10,SS1.
Illinois Central-Seaboard Sys-
tem-the Illinois Central, including
Hazoo & Mississippi, and Central
of Georgia; and these Independent
lines: Seaboard Air Line; Atlantic,
Birmingham & Atlantic; Atlantic
& Western Pacific; Western of
Alabama, and Georgia. Southern g
Florida; total mileage, l2,7SS;
earnings per mile, SLOPES.
Great Northwestern System
The Chicago 81 Northwestern, with
the Chicago. St Paul Minnneapo-
lis & omaha, and the Great North
ern; total mileage, 1865; earnings
per mile, $l0.3S0.
Milwaukee 500 System - The
Chicago, Milwaukee & st. Pau;
Minneapolis, st. Paul q Sault Ste.
Marie, with the Duluth, Sou'h
Shore & Atlantic, and Mineral
Range; Duluth, Missabe & North
ern, and Duluth G. Iron Range;
total mileage, 15,747; earnings PEI
mile, $10,364.
Southern System--The Southern,
including the Mobile & Ohio, Ala
bama & Great Southern; Southern
of Mississippi, Cincinnati & New
Orleans; Chicago, Indianapolis &
Louisville, and New Orleans &
Northwestern; and these independ
ent lines: Alabama & Vicksburg;
Nicksburg Shreveport Il Pacific;
Florida East Coast; New Orlears
& Great Northern. and Gulf &
ship Island: total mileage, 1855;
earnings per mile $l0,9i9.
fContinued on PAGE Twol