New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-28
LOCAL MISCELLANY.
THE TELEGRAPH COMBINATION.

THE TELEGRAPH COMBINATION.
A BASIS FOR THE CONSOLIDATION OF THE WESTERN
UNION AND ATLANTIC AND PACIFIC COMPANIES
AGREED UPoN-RUMoRs OF THE TERMs-sTATE-
MENTs OF TELEGRAPH OFFICIALS.
A meeting of the Conference Committee recently
appointed by the Western Union and tho Atlantic
ard Pacific Telegraph Companies was held yesterday
afternoon. This Committee was to take into con-
alteration what would be equitable and just
basis Of agreement between the two Companies IN
the leasing of the lines of the Atlantic and Pacific
to the Western Union, aud also, if possible, to
arrange the preliminary details of such consoda-
ton All the members of the Committee were
present. plan was agreed upon which the repre-
senatves Of the respective Companies will submitto
their Boards for adoption. The members OF the
Committee declined, however, to make any state
ment regarding the proposed agreement.
1t was rumored that this plan embraced guar
antee of per cent per annum on the stock OF the
Atlantic and Pacific, valued at % per cent. when
asked if the lease. as proposed was to be made on
the assumption that the stock of the latter Company
was worth s.. 900 900, of the Committee replied
that he could give nothing definite upon the subject
but the figures agreed upon did not differ widely from
those named. Another member of the Committee, in
answer to the same question: replied that the propo
sition was better than that named. but he also de-
clined to state what il was. 1t was admitted that
ALI the members of the Joint Committee had
fully agreed upon the plan proposed, with one
exception One of the representatives OF the
Atlantic and Pacific felt that the considerations
proposed were not sufficient for all the advantages
that would be realized by the Western Union in OBJ
tanning the control of the only competing line III the
country. With this exception, 1t is stated that all
the members Of the Committee agree that the terms
proposed are such as will be accepted by the stock
itlhf
mcnt of the two interests member of the Con-
ference Committee in conversation with reporter o1
The TRIBUNE, admitted the facts as stated above,
but continued by saving he thought the member re-
frrred TO would yield to the views of ths majority,
and he believed the prospects Of settling the ques-
tion of lease of the lines of the Atlantic and Pacl-
fc az agreed upon by the Committee, were very
favorable.
Mr. orion, President of the Western Uni y, stated
TO q reporter of The TRIBUNE yesterday thao 1t had
been an open secret for week or two past that a
Conference Committee, appointed by the two Com
panes had been holding meetings for the purpose OF
agreeing upon some plan of consolidation. This
Committee as he understood had agreed upon
plan to be submitted to the Boards of Management
of the respective Companies, but it would be dis
courteous in him to say what that agreement was at
least until the Conference Committee shonld
make a report, which they had not yet done.
"Indeed.n he said " they have had no time yet for
ANYTHING of the kind, it was only this forenoon
that they agreed among themselves. l suppose the
report will not be submitted to our Executive Com
nttee before the next regular meeting which taxes
place next Wednesday. Our Board of Directors is
composed of 20 members, and consequently the
greater part of our business is transacted according
70 the bylaws of the Company by Executive Com
mtee Ii will depend upon the character of the prop
ostion whether or it will be necessary to submit
il to the Board of Directors. can say nothing re-
garling the details of the plan proposed. do not
yet know myself what they are. If 1t should be
found necessary however, TO submit the matter to
the Boar, of Directors of our Company. there Will
be no necessity for any considerable delay, as the
next quarterly meeting of the Board will take place
about sept. TO-"
member of the Conference Committee, repre-
senting the Atlantic and Pacific, stated that no
definite time for calling meeting OF the Board OF
Directors of his Company had BEEN settled, bnt a
call would doubtless be made within a few days,
when some action would be taken upon the question
of a consolidation of the interests of the two lines
THE ALLEGED HOMICIDE IN JAMAICA, L. /.
TIE BODY OF THE HIGH gAYMAN NOT DISCOVERED
DOUBTS OF H,MER's vERACrY.
The body of the highwayman, whom Con-
stable Abraham amer stated he had killed on tue ROAD
FROM NewtOWn 10 JAMAICA L. L., MS not Do'h
IA there any trace Of his accOmpccs There was ruor
in Jamaica yesterday that Of the men was missing
from tho Grosjean brick works. which Haner was
attacked but inquiry OF John A Smonson superintend
ent OF brick works. showed the runor to he without
foundation No systematic search has been made Tor the
dead body, aud many persons In Jamaica and the neigh
boring towns declare their belief that Hamer was
not attacked nor any person Killed. Huhcr
r..frns what he stated before Justice on ThuTsdiy
and gives careful details Of the affair. he says that John
williams and 4. ii. Reml,s0n went with him, early on
Thursday morning TO tie woods but the body was not
70 be found and later in the day party OF six searched
for ll2 hours without any success The man KILLED was
by his description about six fest in hight and senery
built His OF dark cloth, closely Dut0ncu NJ he
neck and he had handkerchief tied around MS hcad le
low his eyes covering the lower part OF MS race liz
accompce, who approached III iner willis nc was SIT
ting tie ground, was stoutly DIt, anu hot hoio ''
o feet inches high -.
Justice Mott Of jamaica when asked the cause OF the
II W be his special business. No person was ID ssng
from the town. and there charge of murder On
which the officers Of the law could act he people were
not sufficiently Interested tn give their TIM" to the wOik
mud no fund provided 10 pay them for Their trouble
II they were 70 undertake the seaicn Joan A.
smonson reached home on Thursday evening"
lie ground Designated by Hamer lie declares
that he could hnd no trace OF bopd, nor
any tracks that light wagon or any other would nave
mide II suddenly turned from the road lie SAYS that
three miles, and would he natural for amer II he had
killed IL man. TO have sought nep at the brick YARD IN
stead Of at jamaica Up to p m yesterday no search
that had been o. tine surrounding country had tx
tended brick yard 900 feet from che scene VI the
shooting.
TERMINAL CHARGES.
1uE PROPOSED INCREASE OF ELEVATOR lax AND