OCR Text |
Show Tho alleged pirposo of the Southern Pacific to llimt a new Ibsuo of bonds amounting tn JlOO.fOOOOO Is either nn exaggeration, or else that company has on hand somethln of much greater magnitude than tho nbllc Is nworo of. Huch a sum of money Is far In excess of whnt would bo required for Improvement Improve-ment of trackage even counting tho Lucln cut-off nt a c ost far gre iter th in It will In fact be. It Is not out of reason rea-son to believe that ami 1 all the railroad piojects In tho West, the Southern Pacific Pa-cific mas have something up Us sleevo concerning which the public has not been tuken Into its confidence. |