| Show GIGANTIC T CM iR 6 fR PLANNED PLA PiA Well Founded Reports State That Louisville l Nashville Railroad Is Isto Isto to Be Absorbed by the Atlantic Coast Line i j jMorgan Morgan Is Financing Fin Deal ALTIMORE Md JId July 37 It Is Impossible Im ImS Impo Q BALTIMORE B S possible po sible to obtain an authoritative authoritative taUve expression ton of or opinion on the rumor rumor that negotiations are pond pend j ing lug looking to the absorption by the i Atlantic coast line of or the Louisville i j I Nashville railway which Is controlled by b J P Morgan lorgan Co C In financial i circles here the general Impression pre pro prevails prevails vails that the report is well founded 01 I think Mr lr Morgan has already practically turned the road ro ad over to the I coast line said a member of oC one of the leading banking firms The two roads do not parallel anywhere and connect at Augusta Ga through the Georgia railroad from At Atlanta Atlanta lanta to Augusta and which is i s leased Jointly by them Such a deal would eliminate that hostility in n Tennessee and Kentucky which has been aroused by the rumor that the Louisville t Nashville will be merged with the th Southern railway These Th e roads parallel and are corn com competitors in both states staleS and following the report Governor of Ten Tennessee Tennes Tennessee i nes ee has threatened to call can a special session fes ion of the legislature to pasSu law I that would prevent a merger It is J thought that when Mr Morgan pur purchased purchased chased the Louisville Nashville be he had in view vIe its transfer to the Coast Coastline CO Coastline ast line Une Morgan Co manage the Southern railway and have bae been n working in corn com complete I harmony with the Coast Coastline line The I absorption of the Louisville Loui ville Nash Nashville yule ville would give dive the Coast line control of the railroad situation in the south southeast southeast southeast east of the Mississippi river i iThe The outstanding stock of the Louis Louisville ville vUle Nashville amounts to and if the plan of Morgan Co to payi pay a share for It is carried out DO will ili be required to complete the deaLIn deaL deaLIn 1 In round numbers the combined mile mileage mileage age of the Coast line system s Stem and the Louisville I Nashville is |
