Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-09-29
Y MORNING. SEPTEMBER 20, 1855.
A STUPENDoUs RAILROAD DEAL

the Reading aud the B. j. o. Are to
Make Up
New YORK, September 28.-A Philadel-
pfia special to the Herald of this morning
says: The most stupendous deal in railroad
matters ever known in this country has Just
been completed, by which the Pennsylvania,
the Baltimore and Ohio and the Reading
companies reach an smicsble and equitable
understanding. After showing that it in
tended to come into Philadelphia and gain
direct connection TO New York from this
city, the Baltimore and Ohio railroad has
secured terms from the Pennsylvania rail
road company that are entirely satisfactory
and has avoided the expenditure Of fully
Sl2,000,OO0, which would have been neces.
sary to erect its great local station or carry
its rails over or under the streets OF this city,
Grays ferrys becomes its terminus so far as
its passenger business is concerned instead
of Philadelphia. Through trains to New
York will be drawn over the New Jersey
division Of he Pennsylvania railroad in
stead Of the Readings rails. The deal is in
the nature Of q compromise between the
managers Of the B Il O. and the Pennsyl-
gania road The new line OF the B x o,
which it was forced 10 build from Baltimore
TO Philadelp phia will be in RAINING order in
a few weeks and will enable the b. Il o. to
fight the Pennsylvania upon more advan
tsgeous terms should trouble occur heresf
ter. Conferences leading up to
tLis important treaty having been
going on for ten days, and the
final result was reached at a late
hours Saturday night in the shape OF an
agreement upon terms that will form the
basis OF a contract for a long term oil years
between the Baltimore and Ohio and the
Pennsylvania Company. The proposition
c me from the latter corporation, and is pre-
diCa;ed upon as a precedent that the other
patty to the agreement will not extend its
track to New York and will definitely aban.
don lts proposed connection with the Read
iug road in this city The Pennsylvania
Company on its part agrees 10 transfer all
the Baltimore and Ohio's freight and pas
senger business over its New Jersey division
on the same prorata terms paid for its own
traffic. That this transportation shall not be
embarrassed in any way, and that trelghtand
Passengers shall be moved as expedition ,Iy
rs the PennsylvaDia's own business. TIE
g fillmore and Ohio is to agree not to take
any initiative while the contracts are in
force in cutting rates from the west TO New
York or the east II ia stated upon the
highest authority that these overtures have
been accepted. Railroad officials say that
the two deals are paris Of general harmony
scheme among the great trunk lines. As
soon as the contracts have ali been signed.
The Pennsylvania, the Baltimore and Ohio
and the New York Central roads will at
once form q pool which will be strong
enough to command peace between the
trunk lines and they further assert that
q policy OF peace will follow upon firmer
basis than that on which any previous esr"e
ment has stood.
Not So Rosy View.
PuILApELrHh, Pa, September 23.-
President Roberts, Of the PENNSYLVANIA
Railroad Company says to-day that he has
no knowledge Of the reported agreement be
i~een his company the Baltimore e. Ohio,
and the Reading Railroad. BE denies that
any papers have been signed with that 90.
sylyania Company spoke I 10 The Same effect,
and added: The signs of peace that
baye lat ely appeared in the railroad situa-
ton are not misleading. Of course such an
agreement you ailude 20 has not
b. en- entered into by the three companies
;Or it would be impossible % have done
i, so quickly. Ii is bu. little over week
since Mr. Robert Garrett Of the Baltimore
snd Chic Railroad Company, reached home.
Mr.. Roberts NJ, hm for the first time at
the trunk line meeting last Tuesday. De
Ieye they did not have FIVE minutes private
conversation at that time. Mr.. Garrett has
70. been in the CITY and Nr Roberts has
not been in Baltimore and they have not
net since Such o conclusion as ia declared
70 have tecn reached is not nu impossi5ii.
.. and 10 not say that the subject has
uct been discussed bar it wo1?d take week
or two to carry out such an idea. All our
Information from the west is that the con.
nections are in favor Of advanced rates and
y ere is every prospect that the trunk line
meetings this week will be harmonious.
Nothing in II.
B,LTIMoRE, Nh, September 2S.-Rumor
cf an arrangement between the Pennsylva
Liza and Baltimore and Ohio Railroad Com.
pauies, by whi, : the latter will stop its new
road at Philadelphia, appears to be news
in he B. n o. office. Mr. Rolerl Garrett
was absent this afternoon, but his chief coun
sci, Mr. John X. Cowen, states po2if'vely
,tst there is no truth 10 it. he treated it
II more as a oke and intimatcd that tho B. 4
o has no other idea bu, to push its road
ttroGgh to New York,
Nr. Robert Garrett was seen tonight aud
al he would say in reference to the reported
deal was that in bis judgment the punish
merit of Anauias ought TO be going exter-
s.veIy if currency continues to be given to
such statements.