, 1880-04-21
T'IIE RAILROADS.
More Trouble for the Southwest
ern Pool-Goutd's Sharp
Practice.
The Financial Condition Of the Wa
bash, and Its Prospects.

prospects for nnotl,or serious conflict aro
daily increasing. Agnln 1t Is Jay Gould
vim is ut tho bottom of tic troubles, md tlle
Bhape matters have now taken Indicate tho
correctness Of previous reports that he Is
really destrouB Of brcaklng TIP tile organixa-
tlo,l. Tho present troubles are similar to
those that brought tho pool to the verge Of
dissolution few months ngn. AT that time,
the Missouri Pacific, nwned by Jay Gould,
mado largo contracts Mt less than tho
regular rates, and titus managed to run fnr
ahead Of Its rcgu1ar proportion. Thon tho
balance had To be settled In money, md, in
figuring up at the end Of the mouth, 1t turned
out TINT the Missouri Pacific owed tho Chi
cago lines S3l000 for tho excess business
1t carried. When demand was made upon
the road to turn over that amount
1t refused to dO so, and rs consequence
several of the Chicago roa.ls gave notice Of
withdrawal from tho organization. When
Gould was out West, about month ngo, n
meeting between him anil tho managers Of
the Southwestern roads WINS arranged, nnd
Mr.. Gould utter hearing tho arguments. Of
dcrcd tho money to to paid over, and COLI,
scnted to n reorganization of the pool on n
tonnage, instead Of a money, basis, tho
awards to bo nado BY. arbitratorg. Alr.
Gould nnnied tho arbltrators That ,wcro
chosen, and tho nwar,ls wore confesscdly in
favor Of tho Missouri rac7e, yet 10 does not
seem to be satisfied, rs l,c ls playing fs old
time OF tlo Conference With. Could. t!sat he
did not llstcn with Ills accustomed attention,
and went to sleep. several times during tho
Ts t9seteF ts l VIII h9 l. Fsay
the poo! rcorgantzed on tollnage plail, was
believed to be slgn TINT Goutl lad lost his
former yleor, and was sick Of fighting aud
playing tricks. But eve1nts seem to sl.ow
sick and worn, 10, was simply "'plnylng pos-
sum" md revolving. in. his nlind how !,o
could nla1lnge TO get llls interest back On tho
sooo lo consente ~ d. to pay OYER; lle eyI;
amount 10 Eet out nf the pool, md BY acting
wisely he might get two or, three times ts
much out Of 1t. il thls wns |lls plan ho l,as
certainly s.ccesded bsyon his sangmno
iias Eot ailcnd Of tiie other roads
some $40 CO. md bcfoFe thtstroTh|e is ended
ment when ;lle, consented to my over tile
So, 900. AT tl,at limo the pool managers were
chucklIng over thclr SUCCESS III "soft-soaf>-
ing " Gould so easily. hut tho tables have
Tic way Il tho t Missouri Pacific has n.auaeed
explained. tionla controls The Missouri
JOSEPH u Western. Except on Colorado
business he ,can make such rates, from
points on tl'ossc lines rs lie chooses,
the @ rates sfoul M be nse to Ka!,sas H ctyon
from which point tha rates Of tho Association
are 70 b9 cila,rgod; 1'ut Could did no sucl,,
thing, !1ebEllet! business through from nil
rates than it the two locals were atlded To-
gctller. by this. operation Gould manages
not only 70 turn the bulk of business on tho
MISSOURI Pacific, bltt also avoids accounting
the. pool wcro Wondering how it camc That
theft bnsIncss was falling oif 80 largely,
while tlle Missouri Pacil1c Ind lis hands fni'.
than described wien tiioy " tumblcd to tlle
racket" nnd found out how Gould lad
ltayed It upon them. About = week ago
they give notice to tile Missouri! Pacific tnat
stopped, and that they expected an answer
by tle goth Of this month, otherwise they
would take suc'! measures As to protect their
interests m mregaTdlcss Of tl,o poollng. agree
consigned this notice to tho waste-basket,
for yesterday WIS tho Inst tay Of grncc, yet
y. answer has been received. last evening
Commissioner Mtdgo1y wns called upon by
@ to 's no fS s nSs aes a q MCKssS9 KSs
City TO make the rates from that point ut the
proportlons tho Missouri Pacific gcts from
the G. Kansas Paciac Central Branch business.
Tms sctlon t.
rangcn.ont. Unless tho Missouri Pacific, Or
fnther Gould, should at tho last moment de-
cltl6 70 Keep up tho pool while longer, md
succeed In "playing n little more 'possun,"
s!!ered at m end, and further arbitration
Will 10 unnecessary. ltisharttly probable that
dnnld Will ARnln plead tho hnby act, for 1t is
quite clear that he did not care whether tho
upon the present p1an to get bis s34 ,0o0 baek
With Interest," Gould controls nearly all tho
lines west Of Kansas City, md therefore sees
M rcason why lo Should divide Ills business
hYt while Gould hns tho bulge" on tho
other roaas rs far as Western connections
afe concerned, the latter can retatiatc by
cutting rates from kansas City to s,,el1 low
profitable for his Missouri Pacific,
WABASH, ST. LOUIS d PACIFIC.
a meeting hf tho DiEectorsot tho st. Louis,
Wabash t. Pacific Railway Company was
held in Now York last week, when a partial
report Of the condition and operations of tho
Company was submitted, Of which tho fol-
lowing Is a synopsis: "rle fixed charges
Of tho Company, Including interest OH
al tho bonds md charges on rent
als and leases, amount to something
!esa than s3,000,000 per annum. This
Includes the Interest on the bonds Of tho Gill =,
cago d Strawn, Chicago 5; Paducall, and :
Hulncy 4 Missouri Roads,-Ss7 miles, and :
S2dl,elo per annum. None Of these lines
havo yet been turned over 10 tho Company,
and their earnings have not been included In
maoasEl's report Of earnings. Nor have the
{3n1nftn a%far,p}cr. t,ont