New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-04-17
RAILWAY PLANS AND RULES.

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CONSIDERING IMPORTANT QUESTIONS.
CONFERENCE BETWEEN TIE MANAGERS OF THE
ELEVATED RoADs-PROTFsT FROM TIE FLOUR
MERCH,NTs-THE WABASH PRFsIDENCY-AT-
TEMPTING TO RECONSTRUCT RAILROAD.
Several conferences have been held between
the committees of the two elevated roads, and
the main features of a plan to avoid danger
from crossing tracks have been agreed upon.
President Garrison yesterday denied that
the Metropolitan Road had agreed to
surrender its east side branch. Flour
merchants protested against the action
of the railroads on storage of flour. Cyrus
w. Field accepted the Presidency of the
Wabash Railroad. 1t is expected that the
reconstruction of the Ohio and Mississippi
Railway will be accomplished soon.
CONFERENCES ABOUT CROSSINGS.
PRoTRACTED DISCUSSIONS BETWEEN COMMITTEES
OF THE TWO ELEVATED ROADS ABOUT THE
CROSSING OF TRACKS
The conference between the committees of the
New-York and the Metropolitan Elevated Railroads
was continued yesterday. At brief meeting at
the office of the New-York Company there were
present besides the members of the committees,
David Dudley Field counsel of the New-Iork
Wv
METROPOLITAN Road. The committees met again in
the afternoon at the Office Of the Metropolitan
Company.
1t was denied by officers Of both companies that
any agreement had been reached by the commit
tees. The main features of n plan by which TO
avoid the danger from crossing tracks are under
stood to have been agreed TO, but all the details
William II. Garrison. president of the Metropo-
tan Company. denied emphatically that that COM
pany had agreed to surrender its East side Line.
"Thc published statement that we have consented
to abandon that branch Is wholly iiSe," ne sald
" should wish to leave the city II That report were
true. No, no; too many assurances nave been gwen
the public i'm regard 10 the building OF the East
Side Road TO make such plan possible. The con-
tracts for the building of that road have been
made; We have promised 10 pay millions of dol,
lars for its completion. Ii viii be bullt ana
the millions will be paid The proposed plan
for ObviatinG the danger Of crossing tracks
concerns mainly those parts OF the route
where the company Is empowered 10 nse
in common with the other company, the tracks OF
the New-York Elevated Road, ! believe that some
plan Will be arranged that Will be mutually advan-
iageous TO both companies and avoid all danger;
That plan has not been matuTed every point agreed
upon only leads to other questions that lnNOlNe as
cussiOn aud consideration.
"The fact that the COUNSEL of the companies have
been present to-day and that of the details OF
the plan have been submitted to Them Is explained
readily. We DO not know fully what arrangements
we may be entitled under our charters to make, ana
therefore these matters are left for the decision OF
counsel before they can be determined"
The committees separated early IN the afternoon,
but 1t is said that they Will reaSsemble to-day.
TIE WABASH RAILROAD PRESIDENCY.
CYRUS W. FIELDS ACCEPTANCE OF THE POSITION.
AT a meeting of the directors of the Wabash Rail-
road Company, Cyrus w. Field yesterday accepted
the Office of President. made vacant by the recent
resignation of Commodore c. X. Garrison. Mr..
Field as conditions of his acceptance, reserved the
privilege of resigning whenever he could find a
practical and Trustworthy railroad man to take his
place; until that time he should serve the company
without CONDENSATION. The second condition stipu-
lated that all the suits against the company should
be fought TO the end whether brought in New York,
Ohio. Indiana, Illinois or elsewhere, ana that H. IN
the course of liugatiOn il should be discovered that
the suits had been brought 10 depTess the value OF
the company's securities, OF TO speculate IN It's
stock and bonds, a suit for conspiracy should be
plicated IN the scheme. and that in such action
David Dudley Field should be retained by the COM
panY its counsel.
Ii was said yesterday by person prominently
ASSOCIATED with the company mat theacceptaDce Nv
Mr.. Field of the presidency of the company meant
business" " | will not say that II means war, he
added hut II means busiuess-the interests of the
Wabash Road and nothing else. MIR. Field has won
large reputation for sagacity IN the telegraph
business and in the development and management
of the Elevated Railroad. A broader field is now
opened TO him, in which be viii gain, hope, new
honor
said. " have felt no doubt about Mr.. Fields final
acceptance of the Office. He has made 1t condition
that David Dudley Field should be counsel to the
company That may not be a bid for new business
for his brother but then they certainly on very
good terms He proposes also To hold the position
until he finds better man. As that seems to be
left entirely TO his judgment IT may be a long time
before the office is again vacant"