, 1876-12-27

both Government aud Company would bo pro-
motcd thereby.
AN UNSATISFACTORY AGREEMENT.
An effort ls now being mado BY the managers
Of the railroads loaling from Chicago East to
bring about an advance III tho through I,asscn-
ger rates. Tho passenger traffic f8 not very
heavy Just now, and tho Chicago roah;t lose
Newell, General Manager Of the Lake 8horo a
Michigan Southern Railroad. who returned from
the East yceterday, u Of the opinion that an al-
vance will l,e shortly announced. This o}lnIon.
however, Is not shared by Other ratlronu nlan-
h9crE, most Of whom think that tho xistffE
difficulties between tho New Ynrk Central ntid
Eric llalroat1s arc Of such nature that m TN.
mediate settlement Is almost out Of tho qucs-
tion. 4 s1iEht inrreasc IN the through ratios
eay to alA,ut &lU 0r slY trum Chirago to
New York-tntght be decided upon without alcct-
Ing tllo 1ght between thu two rua4ls, UT to r..
war commenced Is improbable as long as tile
New York Central aui ErIe remain At logger
heals.
In vIcw nj tho dissatisfaction Of tho n,er-
ctants Of New York with tlIc trcaty Of peace
made by Vanderbilt in rcgard to freight rates,
II Is hardly probable tint the Conltntnlore will
venture to make an equally dtsgraecful cof's cs-
sion IN regard To tho pnsscngcr tariff. Thc
ssattsfaton VIZ The nsw trsaty o. rsgHrds
and II Ia now rather doubtful whether tMs
rrcscnt agreement will ho maintained until
The Opening q mas; nas eatiHon: H..,ls,,t: It. + Esns
down has made n!atters worsr md nore-
complicated Than before. As long as the pres.
ent axroen,cnt 10 kept up the business Ut New
for|: viii continue to suffer, aud TINT Of Phila.
delptla Increase tn the saIs1e ratio as TINT OF
New York Will fall oil Under the stipuiattons
nf f1tta nttrcrmrDt thA psnhkriyarta nnI1 HaltE-
more d Ohio Railroads will bc very carcfnf to
contract for no grain for export. They will llava
It all consigned to the elevators for loral con-
SUMPTION, Then Who can prevent tho elevators
from making CONTRACTS for the grain tlley have
on hand with tho foreign steamship conpanlcs
which ply between foreign ports mud PhIhdcl-
pllla aid Baltimorea
hut not only viii the interests of Nov York
suffer on cAst-bDunl grain shipments, hut also On
thc shipments Of merchandise to the Vest. Sugar,
rice, aild South American products, Gnu lJr taken
from tho point Of production TO Baltimore all1
Philadelphia cheaper than to New York. And
arc from 10 to l5 per cent lower than from New
York, It can easily bc seen that under tho pres.
cut circumstances It viii bc In tic interest of
Western merchants to give Ncw YORK the go-by
and purchase their goods In Philadelphia Or
Baltimore. ThRt such MI arrangement as tho
ono ulado tho other day, and Which Is somucl,
calculated to injure tho business intnrests OF
New York, tAntnt last my length oi tlnc must
bu apparent to every one. New Yorls'a Enur-
chants will compel Vanderbilt to rcccdo iron,
tho privileges to which they arc entitled.
1t Is clatmsd by Vanderbi1t's friends that he haa
consented to the present agreement merely to
keep it until the prcsens accnmulat!ons ol
freight have been shipped forward. At thu low
rates. which prevailed q short tisae ago frcights
were coming forward so freely that /. was i'm
possible 10 furnish enough cars, and, ID order to
overcome the difficulty, he agreed TO 4 tenpos'
aty advance.
REGULATING LUNfDER-RATEs.
The Southwestern Railroad Rate Association
has Issued another circular in regard to tht
shipments Of lumber. It has been found tha,
mnny roads wcrc taking on their cars more thar
10000 pounds, though charging only fcr tho lat
ter amount. This was virtually "cut" on tht
rcgular rates, which damaged tho interests o.
the honest roads, while It would not allow thet
cars to be overloaded. In ordert to protect thest
lines now measures had to be taken and dc
cisive notion rcsortcl TO which va. calculated tt
stop the custom OF allowing shprvs 10 Loaf
more on the cara thnn the tariff allowed. Al
| were adopted which 1t is bolicyed will, obviate
the difficulty hereafter, aud these resolutions
orc announced IN the new circular. Ono teso!u
tion requests nll the lines connecting with tht
roads belonging to The combination to alree K
adhere to 20 200 pounds as full ear-lGae. lor +
! made by tho connecting roads. Tho other res
| 0futions arc to the effoct that on and aftol
Jan. l, 1877, they Will carry lumber, shingles
cte., at actual weight only to competitive
a. we'll Us lorn1 points; thut 20 600 pounls shall
hc taken and considered as load; ind thai
| 24,00 pounds shall be the limit to which any
car shall be loaded; tho excess ADORE the last.
named Weight In my ono car to be removed.