New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-02-05
LOOKING TO AN UNDERSTANDING.

PROGRESS BEING MADE IN HARMoNHlNG THE
PENNSYLVANIA AND THE BALTIMORE AND ONO.
Wall Street has been wrapped In cloud of
unOrs the last few days regarding negotiations for
the adjustment OF the differences between the Pennsy
yania and the Baltimore and Ohio railroads, none VI
which has been wholly correct The form in which the
stories have been mentioned printed has permitted
official denials OF each particular one, thereby giving the
pressOu that the railroad situation has undergone M
change lately Here the facts OF the case as CLEANED
from high authority:
No conference of trunk line Presidents has been held
and none las been called and arbitration he's been
authorized by either President Roberts, of the Pennsy
vana or President Garrett. OF the Baltimore and Ohio
The former was in NewYOrk Wednesday, but ne did
not confer with Mr. Garrett and he went back TO Pha
dclphia yesterd morning President Depew, OF the
New-York Central has not been in conference with hr.
Garrett. At the time, j. Pierpont
Morgan, OF DreXel, Morgan Co., lie In.
teresting himself individually TO bring tho
Pennsylvania and the Baltimore and Ohio interests into
IN e LAST few ays sIke latter has also talked
over the situation with Mr. DrcNel Of Philadelphia Mr.
Morgan mad q number OF interviews with MrRo0erts
he subject. Tue result OF these informal tsks
has given great announcement To the DeiIet thd me
trunk line difficulties VIII reach an early settenrh az
though exchange OF views has not yet reached tho
where definite propositions can he mate OF con-
sidured by either Mr. Roberts Mr.. Garrett The lat
ter however understood to have declared recently
that his position has been greatly mlsapprenepded IN
MANY quarters that he has been uujusty criticised for
desiring stir up strife anu that he really u anxious 10
Oinpish thorough establishments OF
monlous relations between all the trunk lines Il was
stated yesterday by nigh authority that thnE had
been settled: rae passenger complications would not
extend yond their present limits The railroad officers
and bankers interested In settlement are sinshe mat
IL will be long before the controversy between the
Penns lvania and Baltimore ana OHIO will De sA'-
factoriiy ended and that It viii lead to an agreement
which will assure the puOc OF permanent peace ana au
Improvement passenger rates. IL Is believed th1ta
faVOtabe In the situation viii be noticed, uncs
some unforeseen snag Is met WITH without tie pgehm
mary work of AN fcial conference.
Well-mformed persons think that the settlement, II
mat relations
Pcnus and the Baltimore and OHIO with regard
10 The attcrs NewIork tUahc interests but viii include
an of the antagOhism tween the two roads
respecting their semi-btuminOuS coal interests. Il
marked conservatism of policy IN this direction has
ALREADY been by lines. and freight rates nre
fuy maintained last years basis on this class VI
tonnage.
lth respect 10 the reports from Philadelphia OF a
movement by banking syndicate 20 secure the r,or-
ganzaOn OF the Philadelphia and Reading Railroad IN
the interest of hIrmOny and closer relations win ire
Railroad, two gentlemen WAC are IN 20.
s!tiop To OF the facts but whose sources OF
Information are entirely different, agreed yesterday that
the pOrts substantially correct No details VI
tho matter. however, could be learned