Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1883-12-14
RAILROADS
A Triple Alliance

CHICAGO, Dec. 1.-THE announce
had been signed in New York between
the Union Pacific, Rock Island and
Milwaukee x ST. Paul roads is accept
ed here as fact and is looked upon
by the other members of the pool as
a elimination of the policy of the ST.
Paul road outlined by ii when
II gave its first notice of
its intention 10 withdraw from
the combination month ago.
Officials here, however, do not think
the terms of the tripartite agreement
have been correctly stated. General
Manager Potter, Of the Burlington
road, declared this morning that he
did not believe the three roads had
signed any compact which contem-
plated any attempt on their part to
control all business of the Iaion Pa
cItic, The managers had no authority
10 make any such agreement In
his opinion the compact provided
that the lines should maintain
the divisions. as between Iowa,
Kansas x Pacific or through and local
business now in force Mr.. Potter also
expressed the opinion that the entire
affair was largely street movement
10 bear the b. 4 .. stock in particular
and that his company did not care 10
enter upon a career of warfare. AS
confirming the fact, that the Rock Is
land AKA ST. Paul have poalt,d their
issues for principal campaign.
The former road this morning
notified the Burlington Of its
intentions to withdraw from the Iowa
passenger pool, Jan, 1St, Of which il
has been member the past / years
1t has gwen no sign that il coutem
plates retiring from the freight pool
rs well, but notice To that effect would
not be considered rs surprising, which
would place il on the same footing
with its confederate the st Paul com.
pauy at the beginning Of the new
year, and allow il perfect
freedom of action as against
other Iowa roads. The adjourned
me ting of the Omaha lines, which
was set for Thursday Of this week,
has been postponed for Monday of
next week. when the terms of the COM
pact are eNueeted to be made known to
the other lines, and the fact that if
that announcement is made they can
form new alliance is looked upon rs
y fact on the part Of the Rock
Island and Union Pacific roads,
that no other ROADS can JOIN tho new
pool but on the terms proposed by
them. This is the view of a majority
of the officials convcrScd with to-day,
and with that result the conference
a liourned.
Chicago, Dec. IL The trtpartitr
agreement of the Chicago. Milwaukee
x st Paul, Union Pacific aud Rock
island roads which was signed on
Monday in New York, runs Tor TWEEN
ty-Eve years, but is tcrmlnable at "a
shorter period and which Shal, not be
less than five years from date, and
then only on one years notice, 50
that the agreement holds good for six
years from date in any event
THE IOWA CLAUSE.
There is clause allowing other
roads To permit the Iowa pool to enter
on such terms as the three contract
ing roads shall make The agree
ment calls for an interchange on all
business except such as is designated
to go by a certain route. The Rock
Island and St Paul are to get ali Of
the Union Pacltic traffic and that of
the first named roads must go 10 the
Union Pacific There is a sub agree
ment between the Rock Island and
st. Paul, which calls for pooling of
the Omaha business. The tripartite
a awrcnmnnt nnnS into rIne1 IannnrN