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Show THE PAN-AMcRICAN C0VIPAY. It Opn. roolbllillm ti. Am.rl.a That ara Almost ialnarjr. CilK'AGo, Aug. u. Otiieers and directors di-rectors of tho par-American transportation transpor-tation company.an t rganization formnil for the jtirpoe of putting 0.1 lines of steamers between the eouthiin ports of the Uuitod .States and the principal ports of South America, Central America and the West Indies, are in session in this city today. Tha purpose of tho meotiug is to map out the w ork more completely ami perfect arrangements arrange-ments for floating additional securities to carry it on to the amount of a mi!-oton mi!-oton dollars. Dr. Kulp of Galveston, Texas, treasurer treas-urer of the company says success is assured. as-sured. He says it has been decided to move the headquarters of the company from Mobile, Ala., to Chicago, which is to be made the central distributing point for all products to and from South America. The doctor declares this will revo'utioni.e the distribution of meats and liour. "Tho possibilities to the I'nited Stales and to the world in fact," said the doctor, "ara enormous, enough to seem almost visionary. Within a year after the lines are established estab-lished the United States will have as much carrying trade as any nation and the American llag will bo seen on all the waters of the globe. "The original capital stock of $10.-000.000 $10.-000.000 has already been subscribed, but the company has authority to increase in-crease it to tl 00, 000, 000. The ports from which the lines will run are Galveston, Gal-veston, New Orleans, Mobile and Tampa. Tam-pa. Thoro will bo th.ee lines from Galveston and Tampa each and one or possibly two from tho ethor ports mimed. Tho projectors contemplate building at least twenty steel steamships steam-ships tinder provisions of the mail subsidy sub-sidy bill. , |