Savannah morning news. [volume] (Savannah) 1868-1887, 1884-03-11
THE CUT N RATES.

Rumors Of the Last Days Of the Pool
President RaouI Regards the Reduo-
tions of the Merchants Dispatch and
theF. T. Y. and C.. and w and n
RAILWAYS TemporaFy-A War Of the
Lines Improbable. and an Adjustment
Looked For
The recent reduction in freight rates
from View York 70 Chattanooga, Tenn,
BIZ the Merchants Dispatch Line, and the
cut By the East Tennessee. Virginia and
Georgia and the Western aud Atlantic
railways IS causing considerable excite
ment. and perhaps some anxiety for the
Southern pool. The cut from New York
averages nearly 80 Per cent: The rates
now in force are as follows: First class,
= cents. former rate 81 IS; second class,
. cents. former rate s. Of; third class,
- cents. former rate Is cents; fourth
class. = cents. former rate . cents; NTH
class. 81 cents. This rate Is a cousollda-
non Of the fifth and sixth classes the rates
for which formerly were 60 and y cents
resnecriveIv. The fifth class 81 t1e ne"
rate covers sugars, couees- syrups- nsA'
kits. released.
The cut bv The East Tennessee. lrglnia
and G-orgia and Western and Atlantic IS
sfgut IS Per cent per cent. lower than
The Merchants Dispatch. The Cnatta-
ncgga T 1les says the cut places that city
"a the same BASIS with Nashville the
rates being Identical with that city :.
Formerly. when Chattanooga rate was
Sis. goods were sent through this city
for Nashville al - cents. our business
men and manufacturers have struggled
against this terrible discrimination for
MANY years and il was 70 combat sucn IN
Justice mat the Merchants Union and
latterly the Board Of Trade was organized.
The end which is now attained has been
striven for with Untiring perseverance Tor
& I'VE wears. Not d day has been lost. Inc
pool has been impOrtuned. every possible
+ influence was brought % bear and every
+ resource exhausted. but little encourage
ment was given. Now that the desldera-
/ tum mas been obtained, it seems too good
I 70 believe
/ All sorts Of explanations have been
given as to the cause d the cut. some
{ say that it is caused by the war between
/ the Central and East Tennessee. Virginia
I and Georgia systems. while others say
that it is caused by the war between the
{ Eastern trunk lines connecting at Clncln
natl.
4 MORNISG News reporter called upor
President Raoul, Of the Central Railroad
I Yesterday with the inquiry whether the
1 cut would be general.
Il do not anticipate that il viii be IN
less the reduction IS permanent" was tnt
. reply.
'What Is understood 10 be the cause o
/ the cut:''
i do not know. It probably grew Ou
Of a difficulty with the lines east froE
/ Chattanooga, but in that / am not adj
/ vised.'
rs there any probability Of a war il
/ rates: =
Not if the difficulty, which l appre
bend must have occurred and caused th'
cut, is adjusted in few days, as it prob
ably will be. OF course, if a peTmanen
reduction is made, all competing line
/ will have 10 meet it, whatever it may be-
is there any anxiety about the pool"
"Not that I know Of. / do not believe
the cut viii last beyond a few days at tn
longest. The roads affected will hardly b
able 70 stand permanent reduction, and "a
soon as they get back TO their regula
order the startling features Of the situa
ton viii be removed"