The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-03-11

reduced the number of men. They now again
reduce our pay and will probably follow with
together, it keeps an employee on the anxious
seat most of the time While such feeling ex-
lists, certainly no hearty cooperation between the
management and the employe need be expected
p prs.ae thing 1o Is quite certain should
organization scheme, and the Wabash road
thereafter be operated after the fashion of first
class railroad, which the Wabash should be,
there will be general rejoicing by all persons
interested in this road, which might be made a
very valuable railroad property What is needed
said an old rairoader, yesterday, is the adoption
of conciliatory not an arbitrary policy Prosper
Gus roads said he, like the Pennsylvania and the
New York Central, can be arbitrary. should they
choose to be. but where road is in the mire as
deep as the Wabash conciliatory policy is es-
sential to success.
The Fate of the L., N, A. & C. To BE De-
cided To-Day.
The stockholders of the Louisville. New Alba
ny & Chicago road hold their annual meeting in
New York city to-day. While without doubt
there will be no change in the president of the
company or the general management, the
meeting is to be highly important
one. 1t is we'll understood that when
Mr.. Dowd accepted the presidency the road was
on the ragged edge, and it is said, preliminary
steps had been taken to throw the property into
the hands Of receiver; but with Mr.. Dewds
taking the presidency confidence was partially
restored. Unfortunately, for some weeks past
snow blockades have seriously interfered with
their business and cut down their revenue.
By now the road is crowded with business and
prospects are favorable for heavy traffic for
some time to come, but the road bed needs ex-
tensive repairs and the equipment must be
increased ten or fifteen locomotives
and several hundred freight cars, and
the question to be settled to-day is, will
the stock and bondholders, who are, in the main,
the same parties, 60 down in their pockets and
bring out the money and make the necessary
improvements. It is believed that General Man
ager Carson will convince them that it is for
their best interest so to do. The annual report
will, of necessity be an unfavorable one, Sew
eral disastrous wrecks have occurred during the
year and the courts in large number of cases
have entered damages against the road; but it is
now believed that the era of bad luck, so to
speak has been passed and the coming year is
to be prosperous one.
Pools Working Enthusiastically All Around.
General Freight Agent Hibbard of the Van
dalia, is more than ever Disguised with pools.
The road has experienced little squirt in bust
ness and is ahead in the st. Louis east bound
pool, and has been ordered to shut down again.
The most provoking feature of the whole matter
is that the Vandalia is confined to St Louis
chiefly for business or in other words cannot
dodge the st. Louis pool. while its four COM
petitors able to, and daily do it to an extent
that gives them the advantage. Now the
study of General Freight Agent Hubbard
is to devise some way Of escape
from the pool clutches, or, should the Vandalia
remain in the pool, to secure nearer the per cent
this road is entitled TO- There is not general
freight agent of Western road who understands
the situation that will not admit that the Van
dalia would, if shippers were given their
choice of routes. carry 40 per cent. of the dead
freight out of st. Louis, and so per cent Of the
live stock