Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1884-01-28
THE RAILWAYS.
JEALOUS CHICAGO PAPERS sNARL-
ING AT THE GLOBES" ENTER
PRISE.
Proof that the Information as to the Set
Element of tie Burlington Difficulties tcas
Correct General Railroad I'.tettigence.
The RGitroad Difficulties.
Especial Telegram to the Globe. !

CHICAGO, Jan. 27.-The railroad editors OF
the. Tribune and Iater-Ocea1 deny the correc-
ton of reports sent to the GLOBE in refer
ence to the probable adjustment of the
troubles between che Chicago, Burlington
& Quincy railroad, and the tripar-
tites, as well as the res
toration of rates in the Utah
pool. In their telegraph columns, how
ever, the reports sent to the GLOBE are
fully verified. The Tribune prints the fol-
lowing specials:
NEw YORK, Jan. .26.--Alexander Mitchell,
president of the St. Paul railway, said to-
day thet he had received early in the morn
ing a private dispatch from General Man
ager Merrill, announcing practical set
tlement of the difficulties between the
Iowa pool roads. "1he dispatch stated
that Mr.. Potter, of the Burlington, had
agreed to the new terms" Mr.. Mitchell
said: "But he made il condition that he
should get the assent of President Perkins.
He started at once for Burlington. have
received no later news, but | consider the
matter settled. Whatever agreement has
been made am sure il is based on fair
and equitable terms. II would not be
otherwise But or the information of Mr..
Merrilps dispatch am sure a settlement
of the troubles has boen reached"
OMAHA, Neb., Jan. 26.-General Mana
ger Clark, OF the Union Pacific railroad,
to-day signed the. Utah pool agreement,
which was presented to him Tuesday by
President Lovejoy, of the Denver & Rio
Grande. The agreement, having already
been signed by the Central Pacific and
Denver & Rio Grande officials, is now
consummated, and there is no doubt the
understanding that rates on that business
which have been cut since November will
be restored Monday. Representatives of
Colorado mining interests who are here
assert that, but for this agreement there
would no doubt have been rate war on
LeadviIie business between the Denver g.
Rio Grande and the Northern Pacific upon
the completion of the latter's high line
nezt month.
The Inter Ocean of Sunday morning is
especially exercised over the scoop" which
was telegraphed to the st. Paul GLOBE
Friday relative to the settlement of the
difficulties between the western trunk lines
and the Burlington road. After announc-
ing that the "cruel war; is not over, the
Inter Ocean says. GAS some persons are
never satisfied with the truth, it was not
surprising that the Chicago Times, St. Paul
GLOBE, st. Louis Globe Democrat and the
New York Herald should ssgstle the world
with an early blast of harmony from their
brazen trumpets of peace, proclaiming a
settlement of all existing difficulties
among the western trunk lines. The re-
suit of these reports may be conjectured
as Wall street stocks went up several
points, and interested ones pooketed the
gains. Immense blocks of rail-
way securities changed hands, and
new plans for stock gambling
were considered. People bought stock at
the advanced prices, forgetting that the
bottom would fall out Monday morning
and leave them heavy losers. Of course
the paper that proclaimed peace did SO
Exclusively" in their respective cities
because they had been proclaiming it for
weeks without reason, and saw an oppor-
.unisy of making their readers believe
them"
AS the GLOBES news is fully confirmed
and verified, the people who bought stocks
on Saturday will be gretified to thank the
usual reliable dispatches of the st. Paul
GLOBE,