New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-11-29

but its connection with the Kansas and Uhloh
Pacific and the Missouri roads it was believed DIV
shrewd men would enable II to control at least TWICE
rs much traffic for the coming year. Inc H"hN
roads Of the East depend largely upon their relations
with the roads which traverse the grain ana c'tte
producing regions. 1t was publicly stated. some
months ago, that the Pennsylvania Company
in order TO secure the Wabash traffic, offered favor
able rates sale of 100, 900 shares OF Pennsylvania
stock and two seats III the board of that company
The Vanderbilt interest has agreed TO sell 2oO.Ooo
shares of stock and 20 give two seats in the board
to the Wabash party, and one to the syndlcate Oh
bankers engaged in the transaction.
Thus the Vanderbilt system and the Union Pacific
ana Wabash system are virtually united, and form
the most powerful railway combination ever known.
There il a general belief that Mr.. Vanderbilt has
not taken $50. 600 600 out of New-York Central
without having some other place to put 1t. ana me
recent movements in the affairs of the Ere, the
election of one or two especial friends of MI van
derbt to the directory and the Circumstance taat
President Jewett has lately become directoroi me
Western Union telegraph compare, are thonght 10
cast light upon his plans. If these suililseS
prove Coz. 4, the great combination will openy
control one and privately the other OF the two sre,
trunk lines leading westward from New-f"rk' VII
have three routes to Chicago, two TO IT, Louis "H"
almost a monopoly OF transportation through. ,ne
fertile re ions OF NJ ssour'. Kansas ana heoi''Aa'
and the only route across the Continent
BY such n combination, grain or cattle can Do
shipped nj least rs cheapy as by any otner route
from Western farmer, to Eastern or foreign con-
SINNERS The new combination will be able to d'c-
ntc term. 10 other trun. liles, in ordinary CIR mn
stances. and it controls so many lines. for when "
viii desire to find full employment, that ~ interest
Will pIonpt the maintenance OF very ho"etH''
rates for Freight II has become well recognlz III
fct that the cost of Transportation can be reduce"
To the minimum only by combinations comforting
long lines and q vast traffic But no other company
m the country Will have the advantage OK tie
Wabash-Central Combination IN length OF route
MAGNITUDE Of traffic, OF ease # grades.
Il is easy 10 sec that very important consequence
will follow as to the commerce OF rival seaYOfa'
New-York should secure decided advantage as ."
the movement IF exporlable products from tae
West an advantage as decisive IN the era OF raw
way TRANSFORMATION as was secured III the era Oh
wafer Transportation by tn genius which proJected
the Erie Canal Il IL in the Far West, and especially
in Kansas. Nebraska, Colorado, and the Territories
that the growth of wheat is most rapidly increas
ing and the cattle traffic comes manly from those
regions and from Texas. With the fine terminal
facilities which the New-YOrk Central already pos
sesses and which the Erie is 80 rapidly securing
this city will he in position to compete more adNah-
tagcously than ever with any rivals.