IMPORTANT RAILWAY.

Stratford Evening Post, Volume XXXII, Issue 22, 9 January 1912, Page 3

IMPORTANT RAILWAY.

A Reuter’s message to The Times recently stated that the Russian promoters" of the scheme for linking up the Russian and Indian railway systems are the following:—M. Homiakoff, ex-president of the Duma; M. Tiiniriazeff, chairman of the Russian Bank of External Commerce and a member of the Upper House; M. Barck, managing director of the Vol-ga-Kama Bank; M. Bechkoyski, chairman of the Vladikavkas Railway Company; MM. Bunge and Palashkovski, railway and harbour contractor; M. llai’alovitch, a nephew of the Russian Financial Agent in Paris.; M. Guciikoff, senior partner of Botkin, tire largest tea and sugar house in Russia, and Mayor of Moscow and M. Zvogintseff, member of the Duma. ’ It is ’ntended that there shall be from ten to fifteen Russian founders and' ah equal number of British 'founders. Inaddition to the nine names given,: it is expected that there 'will he one- reprosentatiye of the cotton' industry,* one I 'of the tallow and*-'skin industry,: hiidmt Last one of agriculture. The* agrcolnept’signed by tlih' Russian : gioup pr.olddbs,- among oth&r ■ Things Tiiat the company -shall l be l interna--iWiil; (2) that its , chief office- Shall' id irt sdihe'Western city '(London ‘and Brussels have both been proposed); 13) the direction of the line must follow the shortest route from Calais to Calcutta, Using existing lines and going through Persia; (4) the English and Russian"interests must be-equal-; 15) the participation of French, German, Persian, and other groups will be welcomed, but the amount of their participation must be decided later by in «tjlial agreerhent; (6)" the founders’ 5 ’ r.'hhi-es to Thtbive no’-dividend ’until after the di'dinary shareholders have received 6 ! 'psr cent. ' * 1 ' ' ■ The scheme for a railway connecting the Caucasus with Baluchistan, via Persia, provoked little comment in the German press. The information ivailablo here (wrote the Berlin correspondent of The Times) with respect to opinion in Russia and England ■•. coins somewhat dyspeptic. The Cologne Gazette publishes a telegram from St. Petersburg, which says that financial circles there advise a sceptical attitude. M. Tiiniriazeff and M. Homiakoff, observes the writer, are, it is true, very optimistic, but the prospects of raising the capital required on the international market ire small. The report of The Times that M. Stolypin and M. Sazonoff are •pCcially interested in favour of .the scheme' calls for confirmation. Public opinion in St. Petersburg is reserved.