The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-03-31

the road thoroughly equipped, it would not only
pay its running expenses and interest, out leaVe
over n handsome surplus of earnings at the end
OF each year.
A eablegram says that at a meeting held in
Liverpool, Thursday, at which 300 of the New
York, Pennsylvania q Ohio Railroad Company's
bOndholders were present, the lease of the road
to the Erie people was approved, there being
but enc dissenting vote.
DON'T TALK THAT WAY WEST.
"Unless all signs fall" says the New York
Graphic, 'there will be a speedy falling off in
the east-bound freight movement by rail. So
much stuff has been moved that on the opening
of navigation, a short time hence, there will be
very sharp rivalry between the lake and rail
routes. It Is then that tho inevitable war Of
rates between the railroads may be expected"
Our best-posted freight men in the West don't
talk in so beariSh "a way, but expect q reason
ably-heavy traffic for three mouths TO come.
ITS DISSOLUTION IMMINENT.
Judging from the general tone of the remarks
made by general passenger agents regarding the
so-called truniI-line passenger pool, they look
upon il as being in the last stages of dissolution
The illness of Commissioner FINK has tended to
demoralize matters. While the pool has existed
in name, some six months, but few of the gen.
eIal passenger agents have taken any interest in
its survival, and have by their word and action
thrown cold water on efforts made to fix per
cents and have assumed helligerent attitude
toward the pool since it was organized, and now,
as prominent railroad manager expresses II,
the belief is general with railroad men who favor
the maintenance of rates that passenger men
are opposed to being bound to adhere tn rates by
pooling or any other manner of agreement
LEvEL-HEADED FREIGHT AGENT.
large shipper, who has given the matter
considerable study, states that rates over the
Pittsburg, Cincinnati & st. Louis lines are the
best equalized as regards the competing markets
of any Of the Indianapolis system
of roads. Especially, he says Will
this remark apply to the Jefferson
vile, Madison & Indianapolis division. He
states that when Robert Geiger was appointed
general freight agent of the j., NJ. & l., travelling
statesmen of Cincinnati houses were travelling up
and down on the j., NJ. & l. on free passes or
communication tickets. and they greatly
favored in rates. This method of doing bust
ness he at once broke up, took up their passes,
ceased Issuing communication tickets and al
Vanced rates on them. He then readjusted the
rates on the j NJ. Il l., harmoulzng them in
such manner that Louisville and indianapolis
were placed on an equal basis and so discrim-
mated against Cincinnati that indianapolis ana
Louisville now practically have clear field on
the j., NJ. & l. lines.
STILL ON THE WAR-PATH.
The annual election for directors of the Penn
sylvania road was held in Philadelphia, Thurs
day. The polls we're open from A. NJ. to p. NJ,
and 554, 100 votes were cast. OF these, Edward
T. Parker received 12,414, and the remainder
were cast for the following ticket:
MessTs. George b. Roberts, Wstar Morris,
Alexander NJ. Fox. Samuel M FELTON,, Alexander
Biddle, Henry M. Phillips, N. Parker ShOrtridge.
D. b. Cummins. Henry ID, Welsh, John Price
Wetherll, william l.. Elkins, William Thaw aud
II. Z. Houston.
The Philadelphia Press says: "Messrs. Parker
and Lockwood, who never disappOint the lovers
OF variety at the Pennsylvania railroad meet
lngs, were among the first on the ground at the
annual election, aud ana not lose any time Ill APP
preaching the tellerS with their votes. Both
Mr. Parker and Mr.. Lockwood had copies of the
report OF the eOmpany'5 last annual meeting
adorned with big arrows showing Mr. Parker's
resolutions, and stockholders who showed II dis
position to read were pressed to tako one.
Vote for us first and read it nfteTward,' shouted
Mr.. Lockwood to one individual who had just
taken Il copy, and as the document contained
about two hours steady reading. the value of the
advice WAS evident. Ali day long they kept up
the stream of argument, with but little apparent
SneceSS.n