Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1888-11-28
TheCutRate Must Go
New Scheme to Make Rail
Tariffs Stay Fixed.
A RADICAL CHANGE OF METHOD.

A RADICAL CHANGE OF METHOD.
The Hsgnstes Put Their Heads Together
and Conceive a Great Combination by
Which Rates Are to BE Established and
other Legal Figh, Against the Iowa
Railway Law Begun by InjaBction.
Szw YORK Nov Is in commenting On a
statement contained in Chicago dispatch
that Chairman NidgebeyAs recent conference
with several rail ulsxnats- bad for its object
the formation Of gigantic railroad trust
Or clearing hOlss- comprising al roads BE-
tween poinrs N=st Of line drawn through
Chicago and Milwaukss on the east, 81.
Paul and Minneapolis On the north, Colo
rado, New Mexico and Wyoming on the
Esst, and Arkanszs on tie south. Commits
si0ner Albert Fink ssii YESTERDAY:
N=Ss-s Ga1lL Niger, Huntington. and
o,h-rs. eoaferTe1 r-e1uty 70 80 If il Eas Daf
F.ozzihss 70 g=t mp soras seh=us whereby rail-
rad rates could - Inaintain71 Il Is, IN ID
sense. s=h=sn= FOR railroad truss, but th-se
gsati-n3sn hare eOn1e 70 the e1ocllssgG that Il
about t5s f9s the railroads % sop curing each
o,b=E iaroztz. They gsnt to get up scheme
that vii eGahFaee al ib- railroads II TIE egun.ry
Thus far theF have nos slsec-@1-t That u al
can szy about T., for do hOs know any more
From another source it is learned that the
santa e and Missouri Pacife rad. were
the first TO take action in the direction Of
terminating for good tire tariff demoTaiiZa-
ton, and Jay Gould IL said 10 have taken
hold Of the problem wiki something strongly
resembling sineerity. Ia TIE confer
encea held the Atchison company has teen
represented b. Presidsnt Strong. and the -.
Louis h Sen Francisco road BY President
NinsloE 30 far e. it was necessary 10 -
cure the cooperation d the Southern Pa
cifie system c. p Huntington or come one
u his iieutenanfs has assisted COMMITS
saousr Aidglsy, who formerly supervised
the Southwestern Taffie association, has
also D=en an active particiTAt in tie confer
eBces CBdsr tie int-r-ztats law a
pooling arrangement was cut Of the
question, and il vas also eyaceiad
at The start that all Of toe other Old
devices for maintaining rates were useless.
Two points were finally agreed upon. One
was to take tie rate making power entirely
away from the subofiinaie offie.rs. the
osbsr was to punish Violations 81 the sch=i-
ule tariff by summary and permanent dis
m 8ssat [ Dcn Ties two principles a simple
plan for running the recoris of competitive
business through a Clearing house was for
mulated. Toe three great syztegs referred
% have agreed TO put this plan into execu-
tion a. scoa a. details eau be managed But
tie fact tia, some Of the so-calied granger
roads occupy some Of the upper part Of the
Southwestern territory, whi,e the Atchisou
system extends into Chicago, led the south
western managers to make an effort 20 bring
about revolution in railroaiing for the
good Of all concerned 10 tie business. either
as a manager, Investor, or shipper
Before con pletlng their plan the projec-
tors decided 10 submit il to the presidents of
all the important roads doing business west
Of Chicago and south Of St Paul All Of the
Pacific roads are now banded together in the
Transooatinsntai Traffic association, which
81 present Is performing its functions salts
fsct0rily; bencs they were not included In
the scope Of the present work Nor were the
roads 10 the extreme south Of the western
states, as they have. owing to the impetus
gwen to the work Of improving rates. just
revived the international Traffic association.
TIE new sompact signed BY the members OF
tlst association last week was however, on
stronger lines than ever b7fore, as the inter
es-s tna1 predominate in il are the same
70 an extent as those operating roads
in the so-called Southwestern terri
tory. With those two associations
in good working order and gradually NOV
ing rates up 70 profitable figures there Is still
left for Improvement the vast territory
north Of Texas, east u line drawn through
Denver. south Of tie Northern Pacifc aud
west Of Chicago ami s. Loais. II is IN this
territ ~ that the competitive rziiroai
building has been the most extensive and the
rate wars most general. TIE presiignts OF
toe roais occupying the southern half OF the
area, hzviag 10 mind means that could be
employed TO carry out their views a. 70
rates, have naturally turned to their neigh
boFs 10 the north Tor COOPERATION. They
appreciate u 1 there j. certain coatagiou
about rate cutting. s. they have started
cry d Take from suboriInates the
authority 70 make rates Every day this
cry has Won new converts Tbs sbiest rail-
road men in the country perceive the value
Of the Change It t1e work Of obtaining bet
ter rates is 70 Be- undertaken IL earnest
And that work music undertaken in earn
est, for stockholders are beginning 20 re-
volt Pablic opinion is aroasei upon the
subject, for the Decentralization OF railroad
traffic r felt IN nearly every line Of bust
7 ness. Any manager who declines to accept
I the new order OF thins is likely to Be &C.
7 cused Of wishing to perpetuatA the present
dishonest and demoralizing way OF doing
I business
A few answers have already been received
from the companies 20 which the outlines OF
T the new agreement have been submitted.
and al Of them have signifiei their desire &c
become parties to IT. The three pres dents
that have been heard from are those Of the
/ Union Pacific, the Chicago, Ailsaukee s
st Paul, and u the -Stlckney7 system. T0s
Rock Island people bad the matter under al
visement in this city Monday, persona
| presentation OK the subject having beea
made to President Gable.
The glst Of the plan + given in the follow
ing:
The rates rules and regulations shall Be esiAb
lished by board q Managers consisting 81 on
accredited representative from each COMPANY
member o. the clesring hoJse- 10 case the Eaen
bers faI 70 agree upon any question 5roaght be
fore the cleariag house IL shall be referred TO al
executive bard. The authority to make rates
Fu4tsr OF res lih3ttn. 70 Apply an any iFaiasG SUI
jet to the ciearing house carTieiby either ross
party thereto. OF to change or depart from tn
same when established, shall tie taken from th'
officers Of the several railroads as sach, and ,
vested absolutely IN the cieanng house.
The REVISION Of ali through rates OF business In
Guided in the aETeeFpsoi shall h. ArTange
through the cleariRE house, the intention h'sini
that the business by means Of private concession
shall cease and that the divisions in corresponding
traffic Gnier similar circumstances As 70 r-ceip
and delivery shall be 0psn To and alike VIA a.
I lines.
One officer Of each road parry to the cIearini
house shall BE- held responsible for the strtc
maintenance Of his or all Rates and rules estat
lishsd By the clearing house. and he shall not b
at liberty to depart therefrom unless By author
ity Of the executive board
1t should lie stated that Mr. Chauncey VI
Depew says be knows nothing Of the abov
alleged plan
Report of Erie Earnings
NEW YORK, Nov. 8 The report of th,
New York, Lake Erie s. Western Railro a
company for the year ending Sept 80, lsSs
I IL.