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Show WALIi STREET'S VIEW. Expert Opinion on Future of tho Western Pacific. Several years ago George J. Gould perfected per-fected plans to extend his railroads to too Atlantic and Pacific coasts. There is not only no reason for bellov-lug bellov-lug that Mr. Gould has abandoned this great undertaking, but there Is plenty of i, ovldenco that ho proposes to carry It out in ;tt and that ho hopes to bo ablo within ten 9 i years to ride in his own car from tho At-55 At-55 lantlc to tho Pacific ocean over lines con- trolled by himself and his family. Tho stf placing of cO.OOO.COd bonds at SO per cent to 5 construct tho Western Pacific Hues, which I r. will connect with Mr. Gould's roads at irj A Salt Lake and glvo him terminals in San 3 Franclcco, la eufflclent Indication of Sj Gould's intentions In that quarter of tho l country. Tho new lino aud branches will fll tfT consist of about 1300 mllea of track, and M 4 will strike Important points In California '3 x and open up a groat lumber and mining f territory. Tho new road, it Is predicted. Q will be better constructed than any road -rsjii v to tho Pacific cfast, and will havo tho ad- l& -antago from 4he first of all tho traffic from tho Gould roads and other lines i' which can bo controlled In its Interest, Mr. (if) Gould has been In close enoiign relations rW t w'tl' tne Harrlman lines to sit In tho M ;L Union Pacific board, but thcro will not bo "at an' Intimate connection wltli his road and M i tho Southern or Union Pacific, although ll'TtfJ the fact that Mr. Gould remains in tho ISl 5 Union Pacific board while ho Is paralleling "f tho old Central Pacific lino has caused X comment In Westorn railroad circles. ;4 Mr. Gould's proposal to go to tho At- lantlc coast has hewn the bugbear of tho 0. 3f railroad situation for jsoveral years. Many ifk ft prominent capitalists and rallro:vd men m havo endeavored to convince Mr. Gould tm that ho adopted a wrong coureo In com- m l lng East, but they have not been ablo up ill I to this time to change his mind or .his w tactics, though, notwithstanding tho lail- '13 WL uro 10 Impress Ulm last summer, and on flHr former occasions, they havo not given up aIII notlQn -that Mr. Gould can bo Pi 11$ brought Into tho great 'railroad family of Jjw .tho East. In railroad circles It la not be- aWjr llovcd that Mr. Gould will abandon his ''lffr' original plan. Ho Is In Pittsburg, and by C' "a lne expenditure of more money and time iRl nu wl11 bo able to B'-'1 contrl oC o- certain .R fiharo of tonnage of that district, but tho ' IH construction of his linos and tho dcvelop- ,'iflHfj. men of tho traffic will occupy years. That rjM part of tho lino cast of tho Allegheny mountains Mr. Gould has committed him. self to open and operato 'as a trunk line. A new lino will bo constructed and If the road is to compote with tho existing tidewater tide-water trunk lines, that portion of the line already constructed will havo to be rebuilt. re-built. It Is considered a matter of course that this lino will bo constructed and operated by Mr Gould as a part of his system, though, as has been said, some powerful people bellovo thoy can Induce Sir. Gould to adopt a plan more In harmony har-mony with the territorial and other rights of existing lines. Wall Street Journal. |