New-York tribune., 1875-02-05
FINANCIAL INTERESTS.
RAILWAY RATES wAvERING.


THE FFrrcTs OF THE ACTION OF THE ASSOCIATED
IINEs-INFLUFNCE UPON FREIGHT SCHEDULES
The action of the railroad officials at the
meeting held on Wednesday at che st. Nicholas ho.c
has excited feeling Of doubt among many VI 'no
freight agents in this city TO the maintenance vi '"e
advanced rates. They say. however that lnsfuo'ous
have been received keep up the rates un aer 'no
next meeting OF the Eastern Commissioners oue oi
the Western freight agents told TRIBUNE reporter yes
teroay that he believed thore was thorough under
standing between Commodore Vanderbilt Col Scott
and II. ]. Jewett TO the enect that no reouc-
ton was TO be made in the rates on west
bound freight without the agreement OF them all
The Eastern Commissioners have not held meeting YET
for the consideration OF the matters brought up at the
meeting of Wednesday Judge Jewett said yester-
day that he dd think would be held before next
week. He positive however, that the present rates
for bound freight would not be reduced and tha
nj. change would be made in the rules and regulations
governing ali the roads carrying freight TO the western
cities 1t asserted by one OF the officials AT inc
Pennsylvania Railroad Office that roads Terminating ~
Boston. Baltimore. and New Orleans only KEPT tueir
eiehs low with the purpose OF dverng trade in the
direction OF those cities; and when that had been &C
romplshed the railroad companies would soon raise
the rates. ,
The change bv which the Western Commissioners had
been authorized retain their powers Win resaru "
the passenger business while compelled to give up al
great amount of comment yesterday among pSSSenHot
agents One of the Western general passenger agents
satd that the Commissioners had somewhat OF kno'y
point already before them 10 SETTLE ana IL were no'
settled quickly, an outbreak would certamS occur
against the rules The Onto and Mississippi hairoau
WAS and had been for two weeks carrying passengers
from st. Louis to Cincinnati, and from Cincinnati TO ST.
Ious for S. each way while the roads in the compact
vero compelled TO charge $40. This affected oil the
through lines East to amount Of 81 90 by passengers
taking ticket from st. Louis to Clncln'
natl, and thus purchasing other tickets al
the latter place. Should the Commissioners
no enabled TO settle the difficulty by inducing the ono
and MsSisp ppi the passenger rates IL wOud
he good thing ana he thought OF no good reason why
this should not done. Bat the ONO and MISSISSIPPI
Railroad persisted cutting the rites, the rOaos on
each side would nave to cease business reIaons WIN
them and even cut lower II necessary Ihs nlghI eau
10 a general fight all round aud cause many western
roads go no bankruptcy. One thing haa oeen unsn
imously agreed upon AT the meeting on '+bns @
that was to allow commissions TO cket agents tnus
strengthening tho action taken at former meenng @ enc
One OF the NewYork passenger agents saIa 5pat @ ae
conflict which had been gong on loi some '1e 49,
the Grand Trunk and Great western halli0aus & W. w"s
likely 10 draw into the war the La6e nI5o M % Toa S %
matter Of protection. The Grand Trnnk Rallroad was
carrying frs'cass passengers from BuaIo 70 DeL9o %
for S. So and the Great western Rtroa9 was uos t @
same from Suspension Bridge. In order TO save lts
business, the Lake Shore Road WIZ nave 10 Ieuuce us
rates 10 correspond Passengers are hOt hSeS "
chase through tickets from New AOrk TO CDcago VIA
the Sn0re Road when by taking tchels 10 Buai9
with so little trouble. The Canada lines, not Delng ID
the combination, cauuOt DC IcdVhCu
sioners consequently the Lake Shore Road will have
70 break loose from the combination II u can
not get permission to reduce their rates IN
order to save the line from lying ldle.
one Of the officials at the Grand Trunk Railway once
said YESTERDAY the Company had gwen no lnstFuO
tons with regard the reduction OF through rates 70
Chicago and points west. The contest was prncpaIY
local but still affected through rates when ucEes
were purchased at Buffalo. He had heard unotclaly
that the Grand Trunk Railroad was carrying passengers
from Buffalo Detroit and back for 81 ana that q
further reduction might yet be made unless the Great
Western Railroad could be brought TO terms he dld
not believe tlat the Railroad Commissioners In New
was too bitter and the railroad companies aoknowl-
edged no legiauce TO the SARATOGA compact.
The meeting OF the Western general freight agents
will be held In Chicago early week, when the ques-
ton of rates for easDOund freight will be considered
As two OF general freight agents did not leave ths
CITY until last evening" 1t positively asserted that
no meeting could be called before Monday at the