The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-03-10

dent Hervey was IN Evansville Thursday, and in
"a chat with a newspaper reporter gave the lat
ter the Information that something of the above
character was to be brought about. He re-
marked that he was in Evansville for the pur'
pose of learning something himself. His reslg-
nation as manager of the company had been
rendered some time since, but up TO TINS time
had not been accepted. He had many other i'm
portant projects in view, and he did not desire
to spend the spring awaiting an answer. he
wanted to know what they were going to do,
and expected "a reply daily. The reporter OF the
Tribune then called on Mr.. Mackey. That gem
tlellan said that the rumOr was only a rumor as
yet, but that the chances were that there would
soon be a change in the board of directors of the
Straight Line road; that Mr.. Burkham. former
president and director of the road, had resigned,
and those vacancies would be filled as soon as a
meeting could be had here. They were only
waiting on Mr.. Joseph Collett, who represents
the holders of the Straight Line bonds, and That
gentleman is now at Indianapolis attending ms
sick brother. Mr.. Mackey said, however, that
he knew nothing definite as yet, but develop
ments would probably be made III a few days.
VIEWS OF AN OUTSIDER.
A railroad man who Ia not in the employ of
the Union Railway Company, but who is well
posted as regards the affairs of the company,
yesterday remarked that he is favOrably inn
pressed with the proposition OF ]. N. McCul-
Tough that there be a man appointed at a good
salary, whose title should be viee-president and
general manager, TO look after the business gem
orally of the Union Railway Company and Belt
road; he thought a decided reform was needed
In several departments. Inere sDOulu De better
methods by which people could obtain informa-
ton. He thought, after investigating the mat
ter, that much OF the complaint OF leasing lines
that they were Disseminated against at
the Union railway ticket office, If true,
was not Intentional on the part of the ticket
agents. most of whom were lads and did the
best they could. He doubted if there was an
other ticket office in the United States where
the sales aggregated as large as at the Indian.
apolis Union Depot that boys ana young men OF
little experience were employed as clerks, and
SO few in number IN proportion to the business
done. He thought that Mr.. Donougn was hon
est and meant TO treat all roads fairly, but the
company was penurious and would not allow
him to pay salaries which would secure men
competent and properly posted as regards the
railroad systems of the country to sell tickets
fact. he said some of the clerks to-
day did not know what tickets they
had on sale which read to distant points. The
police system at the depot was fair, which was
evident from the fact that there were not more
people injured or killed there, yet some of the
policemen were sometimes to snappish in their
answers to parties who asked Information. AS
regards traln-direetors, he said here was another
place where cheap men were employed and
annoying mistakes We're made daily IN directing
people TO trains. The baggage department,
which was formerly a rotten institution, he
looked upon as now being one OF the best sys-
temized In the country; he. thought, however,
there were not men enough in this department.
What he wanted was to see the Union Railway
Company rise UP to the situation, build a depot
and give accommodations such Is so important
a railroad center needed.
AN OFFICIAL STATEMENT.
T A. Lewis, Western manager of the Erie
fast freight lines, who has just returned from
New York, states that the lease by the Erie of
the New York, Pennsylvania & Ohio has been
signed, but must yet be ratified by bond and
stockholders of both contracting parties. He
thinks 1t can but meet with their approval, as
the n. Y, P. & o. have got all they asked for.
Mr.. Lewis, trustee of the English bond and
stockholders, sailed for England Wednesday
fnlf aWnanTfnH fhaf q Tnaaffn.r nF fha NINA
would DO held early in April. 1t Is understood
that the other trustees, to whom he had sent by
cable the general terms Of the agreement, sig
nitied their approval before his departure. Pres
ident Jewett, of the Erie company, expresses
little doubt that the lease Will be ratified by the
company, The Erie road Is To be allowed under
the terms of the lease 90 per cent, of the gross
earnings of the road for operating it. If, how
ever, the operating expenses shall at anv time
fall below 90 per cent. the difference is to be-
long to the Erie company. In other words, the
maximum percentage OF the cost of operation is
fixed at bS, and the minimum at 90 per cent. of
the gross earnings. The Erie is to give the
leased line 65 per cent. of its through business
West-bound and 30 per cent. of Its through East
bound traffic. From TINS provision OF the agree
ment there are excepted any business to or from
Canada ard any originating at local points On
the Erie road. These proportions are about the
same as those actually made by the exchange of
traffic last year. In fact the business of the two
roads in 1882 has been made the basis on which
the terms of the lease have been arranged. In
ascertaining the gross earnings of the leased
line, both roads are to be allowed certain termi-
II - CudIEoss uiOu III Ia u6bu dEFeeu U Inu-
tual convenience shall not exceed one cent per
hundred pounds. After these deductions the
receipts from through business are to be divided
pro rata between the two companies. Out Of the
3 per cent, OF the gross earnings which the New
York, Pennsylvania Il Ohio company is to re-
eeive 1t will pay Its interest, rentals and other
fixed charges, and complete the reduction to
standard gauge or the equipment of the road.
The Erie does not guarantee any of the fixed
charges on the leased line, but agrees only to pay
the agreed proportion OF the gross earnings upon
the condition of a certain division of tie busi-
ness OF the two roads.