Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1876-12-21
COMPETITION sQUELOHED.
The Four Great East-ant West Trunk Rail-
way Lines Enier Into al agreement for UNI
form Rates.

Inc -four Great East-anc w est IFuhk hah-
way Lines Enter Into al agreement for UNI
form Rates.
New York, December II. - The
agreement terminating the railroad
war, signed Dy representatives
of the trunk lines yesterday. pro-
vdes that the trunk lines shall make
all the westward-6ound through
rates, and that toe Western compan-
les all eastward bound through rates,
it being understood that both East
ern and Western freight rates shall
be the same between all Western
cities and points 10 Europe, the
British Provinces and the coast OF
America, whether the freight passes
through Baltimore, Philadelphia,
New York, or Boston; and also that
all freight shipped to any of the
above mentioned cities as a terminus
and then reshipped or sold for ex
port or import through or at another
of these cities, is competing business
within the meaning of the agree
ment, and shall be governed by the
same rule. All business which is
purely local to aud for bona fide use
or consumption at Baltimore and
Philadelphia will go to Philadelphia
at an average of 9 per cent. less, and
to Baltimore at 13 per cent. less
than to New York. The basis of
rates is 80 cents from Chicago to
New York for the number of miles
between these points by the shortest
line to New York, after which the
above mentioned percentages will be
deducted from New York rates in
order to arrive at the rates for local
consumption at Baltimore and Phil
adelphia. The agreement, which
goes into effect tomorrow, is with
out limit as to time, but appended to
the original agreement is another
STIMULATING that none of the parties
to the first shall make or extend any
time contracts. The compact is
signed by w. FL. Vanderbilt, for the
New York Central FL. J. Jewett,
for the Erie !; Thomas A. Scott, for
the Pennsylvania, and John King
Jr., for the Baltimore and Ohio rail
roads.
A meeting of freight agents of
trunk lines was subsequently held
at the Winsor Hotel, and the follow
ing rates among others were adopt
ed, to take effect t-morrow morn
ing
From New York to Chicago on
each 100 ponnds freight, first class so
cents /; second class, As cents third
class, 40 cents F.; fourth Class, 80
cents; special, 20 cents.
Rates from New York to Cinc;n-
natl at AZ, 38, 33, %, and Fl cents !;
and to East ST. Louis, SO, 81, 46, 80,
and % cents.
In no case, however, shall rates be
less than 40, 35, 80, rs and 20 cents
from New York to any point West.
On Eastward bound freights rates
on fourth GLASS, provisions and grain
and -four, are as follows
Chicago-Fourth class, 80 cents /;
grain and -four, 20 cents.
Columbus, 25 and Fl cents.
Cincinnati, % and 25 cents.
Detroit, 80 ard 16 cents.
Indianapolis, 80 and 273 cents.
Louisville, 81 and 80 cents.
St. Louis. 403 and 80 cents.
No change has yet been made in
passenger rates, but it was stated to
day that the subject of an advance
will be taken up at an early day. A
meeting of the freight agents will
take place in this city Tuesday to
consider the best means of ascertain
ing shipment, which will come
under the heads of through rates,
and those designed for local con-
sumption.
William FL. Vanderbilt. interview
ed to-day, expressed much satisfact-
ion with the result, and asserted that
the New York Central had conced-
ed nothing, but had maintained the
position which it had held from the
start. Some railway men, however,
say that the new arrangement will
not last that it does not differ es.
sentially from the compact which
the trunk lines made last March, and
which Vanderbilt broke on the
ground that it was detrimental to
New York. They say that it will
be impossible to distinguish in all
cases between freight intended for
local consumption and that intended
for export or reshipment to any
other port, and that quarrels will
certainly rise which will break up
the present compact.