Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-12-15
r. r. CABLES STOCK SPECULATION.
uaking a Coot $4,000, 0O0-PreparGtio
for q Gigantic R@urOad Par.
GChlcago News. Dec 1871

The new tripartite agreement between the
Union Pacific, Rock Island aud Milwaukee d
st. Paul r0a IS took ali the attention OF railroad
men yesterday, and VIII doubtless DO the ezcit-
ing topic for several days to come. Everybody
comedies that the Iowa pool is "a gone goose -
and each road Is 6 ting ready for war. Another
combination of equal strength with that already
formed is now likely to he made. 1t Will prob
ably comprise the Burlington, Northwe. tern,
Wabash and Missouri Pacific. President Per
kIns and manager Potter, of the Burlington,
and President Keep and Superintendent
Wheeler, of the Northwestern held a private
conference at the latuer's office yesterday. The
situation, and the advisabiity of joining hands
were fully discussed, although no definite ac-
ton could be taken till Manager Hughitt, of
the Northwestern, arrived from New York to-
day.
The present situation, as summed up at the
conference, is this: The Northwestern, Wa
bash, and Burlington cover the whole field The
Wabash has an immense territory in the south
west. The Northwestern covers the north and
northwest equally we'll, and has branch north
of the Union Pacific in Dakota. The Burling-
ton has the best line to Denver, south of the
Union Pacific, and can make the shortest time
to that point. Three routes to the Pacific coast
will still be Open-one Oregon via the North
western and Northern. Pacific; one to California
cihc; and snother via the Topeka l. Santa Fe.
"Wh It else can we dor" said a Northwestern
official, when asked if that road would 90 into
the new combination. ''Here this new agree
ment has been made to steal the business of the
Northwestern and Burlington right before our
eyes. Their remark that other roads can come
In ii they want to is good. We shall want to very
badly after they have mixed up things to their
own notion, taking the lions share and leaving
us the pickiHgs. Marx my words There will
be war within a week. It Will be short. sharp,
and decisive, for it Will be war of giants SO
strong that they will stiike out right and left
without any fooling."
'But the st. Paul folks SAP each road viii
have enough pride to maintain rates TIL the first
of the year"
pride be id. The st. Paul folks don't
know what pride is. There won't be any un-
necessary delay in this kind of fight. l tell
you the st. Paul doesn't know what kind of
sled it is getting into. But it viii find outs
"Can the proposed new combina ton beat the
Union Pacifc?" repeated a Burlington official.
''Why, bless your soul, we can lick them out of
their boots ourselves. Everybody is waiting
now for the signal. The first cut made, how
ever unimportant, will knock the bottom out of
everything. But let me tell you that this has
already been the biggest stock deal ever made
in this country. r. B. Cable has engineered
the whole affair, and if he doesn't pocket cool
two millions as the result I'm very much mis-
taken.''
''The ultimate result" quietly observed
Milwaukee & st. Paul man, will be the form
alton of new pool comprising all of the Iowa
and western lines, including the Rio Grande &
Santa re. There may be a little scrimmage be-
fore hand, If the matinee Is begun it viii be