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Globe, Volume V, Issue 583, 2 May 1876, Page 4

The contest between the Panama Railway Company and the Pacific Mail Steamship Company is," says the San Francisco Exa~ miner, "assuming huge proportions. The competition for business between the Atlantic and Pacific coasts promises to be carried out on a scale more colossal than that which marked Commodore Vanderbilt's tussle with the Pacific Mail Company twenty years ago. On one side is found the Pacific Mail Company a"nd the Pacific railroads, represented by Jay Gould, and on the other the Panama road by T. W. Park, and a powerful steamship company, whose fleet of steamers is the largest in these waters. They will place an opposition line on the New York, Panama, and San Francisco route with a steamer every ten days, and with requisite branch lines on the Central American coast in active competition with the Pacific Mail Steamship Compary. On the part of the Pacific Mail Company a vigorous effort will be made to complete the Costa, which has been so many years building, in order to be quite even with the Panama railroad in the contest. The Pacific Mail proposes to get control of and complete the Costa Rica road, and send its passengers and freight over that line, instead of by the Isthmus route."