, 1880-02-29
THE RAILROADS.
=. aould's. Attitude to the
~ southwestern Pool. =,
-. Missouri Pacific Refuses to
49, Pay Its Just Debts. .
nti,er Drop in East-Bound
Freight Rates Looked. For.
;hs Burlington Resolves to Consolidate
1' with It's Nebraska Cousin.

y; Burlington Resolves to Consolidate
tD' with It's Nebraska Cousin.
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.-.:. couLD,s TACTICS.
.,,nough notice has been given. that a
.t;nr Of the Southwestern Railway AS
nets s;st;on would be held at the Lindell House,
,oc;4.; In,,;s March 8, it is by no means certain
~. n .r;s meeting will be held, or that any
fa1 e meetings will be before the final dis
'nms ,l.;on At the pool, which under the notice
se1sah ess hr the Rock Island is to terminate
shcI II the Chicago roads, with the ex-
W ~, 1T the Alton, refuse to attend
efpl1s 1ar meanings Of the Association until the
'ns ',r.sonr; Pacific has defined Its position re-
t.s,or the uool. And the Alton would, not
katn St Louis next week were it not for the
sst"rtunate fact that it haste get the Ss4 coo
aitt.i Ah;,h The Missouri Pacific refuses to pay,
~, - +nora il prospect that Gould, who Is to
~! q 1ouis at that time personally, may
Dem ths wrong Of the position taken and
81 e. II the money to he paid over. The posi-
GtIt e;on the Missouri Pacific takes Is, that 1t
ctasM cest.sM nmrclased It from Commodore Garri-
ou1t u s1.d fllat the money due the pool at that
saaa a hoe IN he paid by Commodore Garrison,
pms pmHnn33 mJ lid not buy the Commodore's debts.
aT,se ie claimed to BE- Gould's position, and, if
1a, LUZ he fhp fact, his reputation AS one Of the
sSsr1sst and most INSCRIPTIONS trick sters i'll
sn ;Sa eountrY is certainly not unmerlted., Mr:
9ntift;;s "a tit;seouri Pacific. Afr. Gould might, with
ns eansI ;ustice, repudiate all the debts OF the
ss;;.ennri s;sen Pacific and refer the cred
~ IN Commodore Garrison for pay
M,n N'snt The bonded debt Of. the Company
~ ~ CONTRACTED before Gould became the
inner. mn md be might with equal justice de-
s1srr that he is not responsible for the inter
81 N that debt, and that the oondhol4ers
md rs iook to Commodore Garrison for their
uoaer mo, What makes the action Of the Mis-
av"i eonri 'parific and Nr. Gould still more dis
rros,umafahie rouat is tue fact that the road did not
s;ya notjce to the Southwestern Associat ton
ff thaf owing to the change in managemeNt'it
hsd' erased to be member. On the contrary,
+ Continued to attend all the meetings, and
It's representatives were as ioud.montneu as
sny 6l ali questions at issue It continued
~ an nocket the money turned over by the roads
INF iad 8 surplus as long as. it was short;
Int Int as soon as 1t got ahead and money was to
ha turned over to the other roads, 1t set UP
tha nrenoste1ous claim that it was not q me IN
ss1 M thepool. Even as late as one month
lgo, st the last meeting OF the ASSOCIATION,
he General Manager and General Freight
aeent Of the Missouri Pacific were present,
sral Manager Of the road, personally wrote
he following memoranda for an agreement
70 settle the complications:
Tbst the Commissioner be instructed to settle
the hustucss Of the Association up to Dec l. ls59
IN accordance with existing agreement: that the
a,siress carried from Dec to Jan. "a. 1850. shall
be settled on the same basis, unless By agree
,reut Il tae parties ia interest different basis
u ;ettleasaf shall be mutually agreed upon,
th.t ali matters be referred to the Presidents
and Managers of the several roads, and what
eyer rcadiustment Of affairs or modification Of
stree,nen1 shall then be decided upon shall t1ke
e4et On and date from Jan. 3, 1880.
This certainly is sufficient proof that the
Missouri Pacific did not consider itself out
Of the pool as late as Jan. % last 1t reppdi-
ated, however, the above agreement after it
had been adopted, and now claims that It
CONTROL and that Commodore Garrison has
10 settle the balances due to the pool. It Is
generally believed that Gould takes this
means 10 break up the pool, TOR which he has
no longer any use, and for this reason repuul-
ates the debt honestly due to the other roads
under the pooling arrangement which he mas
countenanced up to a short time ago.
EAsT-BoUND FREIGHT SHIPMENTS
,nn..a nue's a,s. %as as 49, aAG
o'aua neasn. s"ip'ncuI' ioA 11o "e1A eno
Ing Feb. s8 This was caused BY an increased
demand for coz71 ut Baltimore, the shipment
tothat point, especially by the Lake Shore
md Baltimore & Ohio, being very heavy. The
reduction In grain-rates, to commence Mon
dag, will no doubt stimulate business some
What, provided the ocean rates, which have
been unusually 1nw 1nrinr fha last few
n,sn.hs - ' ~ a! ~" uot 1,l m NO Iaes 49,"
mont1s, W not ao'ance- lne teductton Is ~
shsh1 that no heavy increase i'll business can
BE- expected to result tllerefrom; but the
roads couId hardly have done better. for they
rannot wa11 rc,te IN 1,r1r, - arcn ~ ona
49,. ..'s ~ "sn t4aAe eoo 'also Ivy ~ oue
,. aa1s nlnoub nnSet1Eng pf1ces' /! Is eN-
THisea feia,s 19at another re4Mchon VIII soon
su,io%' eet;o,s ,;ea G;9eanmlssi0nef flnK, N convel-
sa;9a say T., WIN a IKiEuSE representative,
1au hasaIa nla4 toele would be another reduc1lqn
&C. maintained ct Is O. go cents per 100 pounds
curing tue season. This program, however,
saa oniy be carried ont II the present east
pound pooling arrangement can be kept up
aua Aa antiquities with the Grand Trunk
eaa ea oe amlcably arranged Otherwise the
aalIoaas WILL hardly be able to maintain
saen s! Iates during the summer, and the pros
asi psses io1 e. aghf are fatterlnE Just now. Ine
msa m.aaa lInnk seems to be determined to
t1as NaaAe 20 ainance with the trunk lines unless
~ ~ ~ ssaoatd agree to give It such proportlon
Trn,e y ae business as they want. me Graild
iauns n,um9 wants about Is per cent Of the east
no eattd t. ne1 cen4 oes ts aof lax
s 9sSsSs Ssfxss4 %[SS thS:S s5 1ass Ss