, 1877-09-28

4NE o1ukhHE8LCtA 4hANGbAA RRkE At6QrtHtfnTf
continued In session yesterday In order 70 eI,sst
a reorganization on a plan whlcls will otyIa,a
the troubles which hare bothered tho ort.u,xn.
tton hitherto, and finally tho proposition to ,xo,
tho gross earnings was agreed upon. under
tftfs plan all the earnings orc put In the pool.
whiio under Tho old ono onlY 40 per cent w,,s
nut iu, tho 10 prr cent being rctainet. fot orers
a&nR expenses by each road. The large amour,
retained for operating c1pcnscs induce, .o,no
Of tho roasls belonging 10 the Organization +,
make extraordinary ct1orte " do d larQe b,..
.,ess, an.l tn these efforts they worc not afv,v,
too particular ~ regards TIM regular tarin.
rates. or TO give business to roads unfricu.y
to thu pool such ~ the Wabash, 1nllanawJi.
bloomington Il Western and othcrs. Tic w,
bash particularly has becu II thorn In tue stlet
OF the pool which II was hard to extract. Thjs
road gave extraordinary Inducements to tbo
Hannibal q st. JOG and soale OF tho Ut. LonIs
lines In order to tlt7eft the Missouri River busI.
llcss from the Chicago rontls. aud the rnlcs VEN
often Violated FOR this reason. There rrtc tn,t
meant to I've, and these ware either ~ n,Iop. =
plan which would prevent the Wabash To.i
trun connecting for this business or to admit tbc
Waba*h Into the pool. To do the latter would
doors to roads Which really iiad 10 iret roues lts
really competitors. Therefore, " psx lew
plans for Strengthening the olt pool were ill.,
c1lssed, anong othcrs tue clearinghouse sJs.
tenn and The proposition to uool the g.oss ear.
ntngs, giving each roa,ltan agreed percentage II
The !nc0Mc. After Il full Interchange Of ricws.
the latter WA adopted, Under this plan. a road
belonging TO the pool can have no objccl ID
rates to secure All e1tra amount Of business,
for tic surplus would 20 to the other roe,ls, Il
itro.ild yet no more than It's percentage. Nor
VIII Il make guy difference hereafter What kid
nj tthfR Se ~fn.J l.
can 10 no jca1ous!cn. on tais account. Thcre
VIII 10 an aTcnt Of tho pool, with headquarters
Mt hanaas City, whose duty 1t viii ba to atnor.
ton the lusfacss thas ssatts from u
arises at Missouri Kycr points-ttat il,
Atchison-aMol,g tho various lines 80 that each
roads gcta tho tonnage IS near to It's pcrcontaoa
@praetieablo. It Is believed that this pian vii
work better than any other heretofore adopted
BY combination Of roatfs, aud 1t Is believed 10
Eantzation remains tho SAME as heretofore, and
tho old officers mold over. AlcssFs. Hugh KiI-
1le, President oi the Chicago, Rock Ihland l.
p1f!te ;he Il T. ssAulI1, nenefal Superintendent
Mrnerul Superintendent Of tho hltssurl Pastlc
naitrpa1s, are tho Executive Committee, and
alr. Hugh Riddle ~ Chairman Of tie Committee
ts virtually the presiding officer: MI. !. ".
tiers in thts city: Tho roads belonging to tho
pooi are ~ follows: Chicago, u,,rlng,on 4
Quincy, Chicago, Rock Island d l'aci!lr, chi.
sagu 4 ALTON, Missouri Tsriiic, IT. Louis, Kao-
aas City Il NOrthorn. Hannibal d 81. doc, and
the kanAas City, st. Joe II Council DtuiTs.
THE LIVESTOCK nustHEss.
Tho managers Of thu Now York trunk llnss
md tho roads leading East fruln Chicago and
st. Louis met In Naw York Yesterday for tho
purpoeo Of taking some actIof; Ia regard to thu
uilIculttcs which havo arisen htcly OH accpun.
Of thu l.rostoek shpments. AZ Ii vel, known,
this busiuesa is pooled l,oth from Chicago and
st. Louis. Both The roads from tho latter city
lavc been complaining that tho lines from tla
difficulty TO DC overcome Is an arrangement by
which q certain number OF shippers called
"eyencEs" receive sebate Of $t5 per cat. II
is believed TINT this arrangement wilt bo abo,.
isLIsl, and that tho poo.s will then work satis.
faetortly Us now, organized. As far rs Inc pres,
cnt Eascs aye concerned, they Are certainly In
favor Of St. Louis. Nothing Is to The result ol
The conference has yet been received in this city