New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-12-31
RAILWAY INTERESTS.
MR. WIZARDS HEALTH.
RrMoRs THAT lie HAS RESIGNED THE PRESIDENCY
OF THE NORTHERN PACIFIC.

RrMoRs THAT lie HAS RESIGNED THE PkEolDHNoh
OF THE NORTHERN PACIFIC.
Friends of Henry Willard, president Oh Ine
Northern Pacific Railroad Company said yesterday Una.
no vaa much sbetr than on Saturday AT MS mousse !.
mos stotcd that his condition was unchanged he had
alent Int little Saturday night and while no WORSE IL
cond not Ina said that he was any better NO serious
ult IA .eypected from his illness. Mr. Wizard mas ooo
unable TO 20 to his Office for about ten uays Io 40
inc from oyer-work It said which has led 40 eNee
nervous prostratlon and his physicians nave
con,plete rest from business. ARENAS H. hoinho9'
counsel for the Northern Pacific Company sad ye'oI
dav that eek ago the condition Of Mr. Willard was such
as 10 excite serious alarm among his friends oico
that time he had made considerable improvement. 'u
the anxiety of his friends had been greatly aayou "
suffered great physical pain at times, ana MI io'iho
asorIbed large part OF Mr. Wizards condition 10 inc at
tacs of some newspapers upon him ard upon MS man
cia OF the properties assOclaeu Win '
.
It has been suggested that Mr. WIZARDS nervous con
dItonhas been bad at times that MS NINA mas poo
affected. Mr.. Holmes was asked regarding this' hr.
Willard Is sane man." no replied, but MS nlnd no'
what It was before his severe Sufer1ngs lor he hau
Il was stated late last night that Mr. Willard had re-
signed the presidency of he Northern Pacific Karou
Tie resignation was said TO have been submitted 20 pe
directors Saturday. There was no meeting u, NJ No
board or the executive committee on that day ana M
Wizards friends deny that he has yet resigned 10 t d
general impression however, that ne has rssoEGo 20 To
ment from tho Northern Pacific will be Officially an
nonnced Whom asked regarding the matter r hoeS
"Has he submitted conditional resignation 70 any vi
the directors to the Oregon and liahScoh'inen'"'
do not be chi, d. MI Trd MSR Sss n 5e
Vet resigned The committee been hard at work to-
day in order to place all the facts regaruhR tv GpI
has broken down in health and have no doubt tnat
no will resign But there VII be no meeting Gl t n
next Thursday. That will BIO the proper time ana place
for the consideration OF such step It would not De
that in my opinion, Mr. Willard will resign from the
Northern Pacific"
THE UNSETTLED POOL SITUATION.
A CRISIS THREATENED BY CONTINUED RATE-CUT-
TING.
There have been frequent conferences OF the
members OF the Trunk lines since tho meeting on Decem-
Der 20 between the Standing Committee OF the trunk
lines aud the Chicago committee which resulted IN pro
visions for reducing schedule freight rates unless the
cutting which disturbed matters all the year should
be stopped. Since then meeting ot the trunk line COM
mittec has also been held and to-day another meeting
will be convened to discuss the situation IL may result
In another pospOnement OF radical mci res designed TO
stop cutting but the best opinion Of railroad men is that
unless change occurs at once 1t Will be but Few days
before open reduction in freight rates will be ordered
In the wcstbOund pool the principal disturbing element
has been tho Delaware Lackawanna and western Rail
road. Since Il opened TO Buffalo It's business has been
growing almost steadily aud under special efforts 1t
raised ts percentage OF NewYort wcsbOund shipments
about a week ago to 20 per cent. The trunk lines
declare that such gain by new road could not have
been made II they had fully met the lowest rates OF the
competitor. The greater part OF the laCkdwanhas
traffic has been in owpriced freight % which class the
Erie has the argcst percentage IN the pool But the Lre
has made up the loss OF this business by securing Gus
toners heretofore claimed by the other pool roads Some
time ago the trunk Tires agreed that II the LaCkawanna
did Join the pool thcy would shut OF that road from
all tho usual facilities FOR interchange OF through
traffic Commissioner Fink opened negotiations with
President sloan, OF the Lackawanna, and In few days
both men announced that LackawanUa had joined tho
pool But change occurred IN the situation IL mas
been impossible induce the Laokawanna to define it's
position aud although official action In the matter Is
said To nave been taken Is understood that MI sloan
objects submitting the question OF h- roads percent
I,ct,vsnpa an west bouud traffic has been about ;
per cent. Mr. Fink suggested a somewhat larger per
CcntagC 90 Mr. SOan but the figures found no cOnsdera
ton with the latter The pool lines wiz not near OF
allowing any arbitrary percentage approaching the recent
large tonnage carried by the new line They ascrbe the
Lackawannas gain solely TO their foT9earance In not
meeting that roads cut az every point Hence there Il
deadlock which appears likely to contnne until the pool
"licer Kid Yesterday: "The iackawanna seems deter.
nincd force IA Generalization OF rates aud the pool
roads will not submit To- ITS conduct many more days"
Rrtccuce l. maintained by railroad men when asked II
the co-rFng OF the IIckaT Will be attempted Dy en-
forcing the agreement cut it oil nom through facilities
such step might with obstacles IN the Lackawnn
freight line agreements well IA Ia the com
plClly Of some OF the pool lines In the Lackhwannds
cuts.
Commissioner Fink denies that the Grand Trunk Rail
road has demanded reduction Ia castbOuud freight
rates. But l. known that that road has submitted com
plants oi cutting while the resolution of December 20
made mandatory the Commissioner To reduce rates
10 the lcc u the lowest cut Mr. Fink Il not disposed
once because he hopes that Ia few days rates
may siiIen up. IL Il more than probable that there are
contracts nj cut rates yet to expire but the previous eA
pcrcnccs this year have shown the utility or expecting
with the expiration OF contracts
made for specific periods The New YORK central anu the
Pcnnsy systems Loaf business through the summer
which they charged the Erie aud the Grand Trunk with
securing by The recent improvement In the New
York Centras east-bOund business has called forth
rctaatOry accusations against that road Railroad men
complain not only Of cutting by their rivals but OF the
small volume OF business In both directions TO be divided
amoag the newlyOpenei roads.