New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-03-24
RAILWAY INTELLIGENCE.
TRUNK LINE POOLING AGREEMENTS.
FORMING TIE EIRSr EAsT. RnIrNu FREIGnr POOL=h

TRUNK LINE POOLING AGREEMENTS.
FORMING TIE FIRST EAST BOUND FREIGHT PooL-A
PASSENGER FOOL ALSO ESTABLISHED.
The first east-bound freight pooling agree
ment and the first passenger pooling agreement ever
adopted by the trunk line railroads were officially rau
fed yesterday by the NewYork Central and Hudson the
New-York Lake Eric AMI Western the Pennsylvania
the Grand Trunk Railroad Companies The assent Of
the Baltimore and Ohio Railroad to these agreements is
already assured, and the formal signature of its
tive officers will be given in few
DAYS. At Commissioner Fink's Office yester-
day these agreements approved and signed
by the Executive Committee Of the trunk lines there be-
ing present W. X Vanderbilt, A. ]. Cassatt and George
r. Blanchard, vice presidents respectively Of the New
York Central the Pennsylvania and the Erie roads.
Late in the day The approval OF the Grand Trunk OF
Canada was sent by telegraph The Baltimore and Ohio
was represented the meeting Francis Harriot the
general freight agent of the company. but he had
authority to commit his company to the action Of toe
committee. As Mr. Garrett. Of the Baltimore and Ohio,
has examined the favorably. his signature to
them is only matter of technical detail.
The freight agreement provides for the division Of all
east bound dead freight passing throu h originating
at the western terrnin Of the five trunk lines Per-
cottages are to be based In general way. the pro-
portion o. the total eastbOInd dead tonnage carried by
each roadin 1880 II is provided however that claims
may he made for increased percentage by any Of the
roads but claims if not allowed nv agreement Of
the roads themselves, to be determined by drb,tra
ton. Conditions also specified by which any line
can obtain an Increase OF its percentage II allowed
after arbitration by consent of the Other
lines These conditions relate principally TO the posi-
bic opening OF branch roads the OF
connections Each revision made for II specific reason
however. Il to hold good for year afterward. The
percentages viii be fixed each class OF reghtnsead
being based the gross traffic included in all classes
Settlements by those roads which may carry moro
freight than their pool proportion with such lines
deficient their allotted tonnage are to be made every
month, IN money. No allowance is granted from the
grOss tariff value Of the tonnage of any
line for the expense Of transporting it. Tbis pro
vision, It IA claimed will induce the roads TO
keep closely possible in their actual business with
in their allotted percentages.
The new east-bound agreement practically reestab
fishes the old board Of three arbilrators which rail
road Disputes were referred before outbreak II the
rate of last year. The arbitrators however. have
not yet been selected II is provided that S525,O00
shall be placed by the five trunk lines to the credit OF
Commissioner Fink, from which fund he is TO pay the
monthly differences between the various roads The
NewYorl Central Is TO put up $l5OO00 Of this gross
amount the Pennsylvania S125OOO. the Erie 100000
and the Baltimore and Ohio and the Grand
Trunk OF Canada $4,000 each The freight
agreements exclude live stock, coal iron and pc
trorum from the general business coyered. 1t Is ex
pccted however that steps will soon be taken to estab
sh pool on caStDOlnd i've STOCK Inc percentages OF
the roads have get be fixed. II Ia understood that
when the matter considered the Erie will claim
aideraby larger amount than its recorded proportion Of
the total tonnage 1SSO The east-bOund agreement is
to date from March 10 and to run five years.
The trunk line passenger pooling agreement is based
the general principles thos" which the
freight agreement The business % 1SS0s 70 be taken
the guide in alotting percentages All passenger traffic
is 70 pooled excepting such is Enthusiastically local
TO one particular line. TIE total amount Of money
guaranteed to be placed by the FIVE trunk lines to the
credit Of Commissioner Fink is 100000 This agree
ment also last five years and all questions arising
under subject ultimately to the decision OF the
Board of Arbitration In allowing dlherential rates TO
The less favored ines. that they actually earn
their pool percentage Of the traffic, and in excluding all
consideration OF expenses In the settlement of
monthly balances between the lines, the trunk
line agreement resembles that under consideration
by the Western railroads which outlined in THE
TRIBUNE Yesterday. No percentages in the passenger
pool ave vet been agreed upon.
The general passenger agents of the trunk lines yes
criay were I'm conference with the Executive Commit
tee of the Western Trunk Line Association with regard
certain matters Of difference between the Eastern snd
Wsstrrn roadt The most important aciOn taken to
the percentage Of the expenses OF handling the
immigrant passenger business the seabOard cities
borne by the Western roads from % TO 10 per cent