New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-12-12
RAILWAY INTERESTS
A SLIGHT PROSPECT OF PEACE.

NEGOTIATIONS NOT ABANDONED by TIE NORTH
WESTERN PRESIDENTS.
Inc conferences between the subcommittee
OF genera managers OF the warning Northwestern roads
was resumed yesterday morning at the Windsor Hotel.
Ihe questions ut issue were discussed without
indicating any important change in the opposite
positions or the st. Paul aud the st. Paul and Omaha
roads. President Porter OF the Omaha Company said
afterward that he could no difference in the sua-
ton from what 1t had been before General Manager
Hughitt OF tho Northwestern nOn-commlttal, but
declined to answer inquiry to whether or not he
Thought that there had been any concessions 10 by
either sido. The subcommittee adjourned after two
hours tak o1d reported to the general meeting In tho
afternoon that no progress had been de
toward substantial settlement. It Is understood
that there was little discussion OF general disputes be-
tween the presidents and directors The question was
raised as to the utility OF continuing negotiations any
longer. President Mitchell, OF the St. Paul offered
resolution that rates be Immediately restored and all
disputed points referred to arbitration. being sec
onded by any OF hs other roads this proposition failed
jeremiah Mllbank, prominent st. Paul director, said
that while the continuance Of the in to
deplored. he for was satisfied that no com
pany would ever consent to q sacrifice OF It's rights or its
security. Upon IN expression of opinion by Mr..
Mitchell and David DOws that there might still remain
hope Of agreement Mr. Porter moved that these two be
added to the subcommittee This adopted and the
general meeting adjourned until $3.50 p. m to-day,
with the whole matter referred to the enlarged sub
committee for further considerations
rigid reticence maintained by all the officers
Interested In the negotiations for peace last evening
the prospect OF compromise being reached to-
DAY rom hn eAcceht authority II was learned
that the days conferences, taken n whole were con
sdcred Indicative OF some progress toward peace In the
discussions in the sub committee the positions
taken by the Omaha and the St Paul roads have
committee Is believed to be significant II more conoilia-
tory disposition Dayid Dows is first vice president Of
the Rock Island road and director I'm the Omaha. He
placed on tine subcommittee because OF his express
sion OF faith that further discussion might prove fftf
Mitchell was added TO the committee. Ii Is understood
that Inc holds less decided position than does his general
manager 'Mr Merrill His presence at the detail dis
cussions IN the subcommittee, It is believed may pos
sbly enable him to Judge correctly OF the spirit of
occurred from Mr. Merrill The sub-committce now
contains the presidents Of the two roads which have
only President Keep, of the Northwestern who has
maintained In the discussions the war dis
putos aud President Riddle, OF the Rock Island who is
represented on the committee by Mr.. DOwss powerful
influence IN the Inter company.
Hope OF a settlement OF tne dispute has been stlmu-
lated greatly by the common rumOrs that Mr. Wander
bilt has secured control Of the Omaha road The very
fact that Mr.. Vanderbilt would give positive denial
OF the report was accepted at the Windsor Hotel last
night as evidence of s CORRECTNESS It was generally
substantial foundaton Tor the report Inc presence OF
snardeG M repe o % the o naSs fna ha wers ns
made of him convinced all that the umors must be
rect President Riddle, OF the Rock Island Company,
them and when Mr. Hughtt, OF the Northwestern road
was called of from the society of General Manager
Merrill, OF the 81. Paul, and President Riddle, OF
Rock Island, to confer few minutes with Mr.. Wander
bilt In OF the private parOrs no one IN the hotel
doubted for an instant tnat the practically
settled
No positive information regarding Mr. Yauderblfs
supposed connection with the Omaha road could be
obtained at the hotel last evening President Porter of
that company to be one OF the directors
snd that lac hoped the reports true for union
with the Northwestern system had been what the
directors Of the Omaha Company had been aiming at
lpIt he lsi-i ll,
definite knowledge OF the reported purchase of the
stock by Mr. Vanderbilt or the Northwestern Railway IL
was said that the recent purchases Of the Omaha stock
had delivered &. j. Osborn ~ Co., but the fact
that the firm not recognized generally Wander
bilt house cXnnined the theory thrt Mr.. Wander
bilt might wish conceal his purpose time MIR.
Osborn asked whether he would be willing To give
up the alnc OF his principal upon the suppOstOn that
this IL correct. He replied in whisper: 1t Is
Canlnack but don't mention it, FOR he doesn't like his
business given away"
MILWAUKEE, Wis, Dec. 1.-THE officials of the Chi
cago, Milwaukee and st. Paul Railroad Company state
that the OF freight being restored between
Chicago and Council Bluffs and intervening points is
founded No orders have been received from NewYork
The general belief that schedule OF rates mas been
prepared 60 into effect at momOnts notice upon
dispatch from Manager Merrill.