Rensselaer Semi-Weekly Republican, Volume 22, Number 41, Rensselaer, Jasper County, 8 February 1901 — Monon Consolidation. [ARTICLE]

Monon Consolidation.

A railroad official who is well informed in financial matters says there is no question as to the Morgan syndicate having acquired the Monon, which means that it will eventually beoome a part of the Southern Railway. The Mobile & Ohio and the Monon being absorbed into the Southern system, with friendly interested Morgan connections, such as the Chicago & Alton, the company will be able to handle a large business via St. Louis off the Mobile & Ohio, the Louisville, Evansville & St Louis to Chicago and Kansas City and via Louisville over the Monon to Chicago. It is stated that the Southern Railway is Morgan’s pet road, and with the Mobile & Ohio and the Monon makes it the largest system in the southern states. —Indianapolis Journal.