| Show LINK Service Between North South To Join tile tho North anti South Ameri American can with a railroad has ban bOn been tile the of the railroad world for Or Urn time but now stops aro to be with this bluis end in lr view tew Henry C Davis of tile tho Pan American railway committee now In In the City bt of Mexico thinks that In view of the of or the In 10 tim tho fl road and of the performances of the tho great railroad systems In tile tho United tata tim the con construction ot of a railway through Central America anti over Into south con continent would not bo ho such ft very difficult cult undertaking Davis says that miles of road royl would have to tobo tobe bo be constructed and that the IO cost would bo be per mile Ills His report to tho railway committee of the tho International concludes with these recommendations First That a railroad connecting nil all allor or 01 the greater part of the Site nations rep represented represented resented In iii the conference will contri contribute bute huto powerfully to the tho development of the material relations and aul Interests of the said nations Second That the th said railroads ought us as tar far as an common Interests per hilt to connect the principal cities situ situated situated along Its route It the direction of the tho railroad cannot bo ho for the Ui object In the foregoing article without t Inconvenience branches should l be built o connect the chief cities cites with the tho main Fourth That In Order to lessen leaden tho th cost of world work existing railroads bo be util nih utilized hued ml is far as possible and an as far n a compatible with the location and pur purposes poses of the Intercontinental railway Fifth That all tho material necessary Sot for the construction and operation of tim tho railroad bo be delivered free from Im urn Import port duties while taking suitable mea measures to prevent abuses Sixth That property real nod and movable able abo of the tho railroad employed In con construction and operation ot of the tho road bo be exempted f from on all national provincial state municipal taxation Seventh That the tho realization of a work ot of such magnitude deserves to tobe tobe be encouraged by b of subventions land granli grata or guarantees or minimum rate rno of Interest Eighth That the railroad be declared forever neutral In order to assure free freo freedom dora dom of the delegates to the con conference ference encore recommend with all possible to 10 their several govern governments ments the granting of liberal conces donS Dions to the enterprise In such form formas as may appear most moat suitable to each COCk government The senator would have the tho United States send some representative to tile the South American republics to study the resources of tile tho various countries th the location and status statue of the existing rail nail railroads roads prospective traffic Latest N IV circular a Now York Nov Pacific company has Issued a circular to the tho stockholders of the tho common stock tok certificates of Indebtedness to be in itt order lu to retire the tho company stock are to be payable on p January 1 1901 The circular says nays ich conversion may bo ho madO by Pacific Hallway company at Its Us option any anytime anytime time after J poi and shall be made mado at the time of eny holder ot any such certificate time on or after January I 1 corn com company pAn pany has contracted to soil sell and deily deliver er cr to other othor parties on the tho same am terms 1 all of of convert of It except such an ne may trIn bo ho by the holders of the stoCk |
