The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-10

Locomotive Brotherhood was shown the
item. He remarked that the railroad reporter
who got up that item must have been - ignor-
ant of the bylaws and constitution OF the Broth
erhood of Locomotive Engineers. Under this
they were obliged to exhaust arbitration before
notice even of strike is given. An
official Of the Cincinnati division was also spoken
to regarding the runner. He said it was al.
bosh; he knew of no engineers on any road that
were dissatisfied since the troubles on the Jay
Gould system were adjusted. So far as wages
were concerned, engineers were now paid
as much as they have been at any time
for two years past; most of them were max
ing from $4 to S. per day. He thought there were
railroad officials were seen. none of whom had
heard strike even limited at since the depressed
times came upon the country
water-Tight Money Pools To Be Formed.
At the trunk-line meeting this week there was
nothing to mar the feast of love- and further
progress toward better and durable rates for pas
sengers and freight was made. Commissioner Fink
will continue in Office All action taken at these
meetings was of an advisory character and re-
ferred to the formation Of money pools in pas
senger and freight traffic. A money poo. is re-
garded as a safe, if not the only safe agency for
regulating transportation rates and putting
q oHoHv Sup w uuucFCutIinS, uut LILO
workings Of such pool are severely
drastic in some cases, and it is no easy matter to
adopt rules and prescriptions. Forexampe. the
east-bound freight pool-the most important
that can be formed, since it takes in grain
freights from the West to the seaboard, where
the first and worst cutting is done-s the sim
plest and yet the most difficult to form. 1t will
act in the most direct manner as long as the
Eastern trunk lines act together, but it is
tremendously hard on the Western lines in case
of any little dereliction on their part. The
freights are collected at terminal points by the
Eastern lines, who take out their proportion and
leave the balance to be divided among the West
ern lines If any little concessions have been
made to the Western shipper these cannot be
prorated for the whole distance from the
west to the Atlantic, say thousand miles,
but have to be borne by the local line in the
West, on haul of very likely less than hun
dred miles. That renders it pretty much i'm
possible for any concessions to be made, and
tends, of course to keeping rates intact but it
also makes it very difficult to adjust the pooling
arrangements that the Western lines will
consent to be bound by them. With the trunk
lines pulling together, especially with the New
York Central system and the Pennsylvania sys-
tenn presenting united front, the desired result
can no doubt be accomplished. but it will take
time, trouble and labor to reach it. There will
necessarily be deal of preliminary work, and
doubtless some pretty sharp discussion before
final conclusions can be reached but eventually
the pools will be formed, and under conditions
that bid fair to keep them water-tight The
prevailing opinion in railroad and financial cir
cles is about as above stated