New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-11-24
A STEP TOWARD PEACE.
SOUTHERN ROADS TO AGREE.
~ x0z1GMINARY UNDERSTANDING REACHED
CJI TBUNK LINES AND GRANGER ROADS

~ xnxuxMINARY UNDERSTANDING REACHED
CHH TBuNK LINES AND GRANGER ROADS
Drawing TOWARD A SETTLEMENT.
Tho efofVs that have been put forth recently to
snd the unhappy differences between the railroads In
avery part Of the country likely 10 be crowned
Nth suscass In short time. preliminary agree
ent has made by the Southwestern railroads, In
,sludfng the Missouri Pacific, Atchison southern Pa
c6c and St. louis and san Francisco systems, and
while the details have nat been arranged by SUD
ordinate officers It is expected that an Immediate all
vance IN rates will be ordered. The trahc managers
viii meet Chicago early next week when they viii
probably agree on an advance in rates without regard
TO the action of the Northwestern and the Eastern
dimes 1t is understood that the principal cause OF
the delay In announcing the restoration OF peace IN
the Southwest is tn. hope that comprehensive plan
might DO formulated, which would include the COM
pettive business of all the large systems.
TIE Southwestern companies, having substantially
completed their treaty, eager to derive
every possible advantage from 1t and will not wait
Ion ger for result Of the other cations There
arc many signs that their action is based on solid as
purances that the granger railroads as well as The
trunk lines are ready 10 bury the hatehet' The
same influence that recently brought 10 bear on
Abe MANAGEMENT of the ST. Paul Railroad has been
felt undoubtedly by the Pennsylvania and New-forh
Central companies and the declaration OF the usual
dividends BY Chicago and Northwestern directors
Yesterday accepted in Wall street as satisfactory
evidence that the rate war IN the NORTHWEST wou'
soon be ended There little TO doubt that the
lsrce railroad systems Of the country VIII ana
means to conduct their business 10 their mutual
proft and without danger of provoking bostiiify
in a much longer time than usually has marAed tle
years of peace
ONLY DETAILS DELAY THE ANNoUNCEMENT
while officers of the Southwestern railroads were
unwilling 10 admit thss agreement had peeh com
yleed they confessed that ths arransemen' OF DC
tafrs was the only thing that prevented an open an
uouncemenL George J. Gould said that the war va
virtually settled; C. p. Huntington declared 'na'
q, had been prolonged all the companies wouio nave
been forced into bankruptcy and on the part OF inc
S, Louis and San Francisco, 1t was sad tha' Fian
embracing settlement of the other connics' ss "oA
a. that in the Southwest, might be adopted
Rumors of favorable progress toward soluuoh VI
the trunk line problems aped from Inc contioi VI 0
men most vitaIly interested In bringing apou, a"
.gr,-ueut The hints Of Improvement came nom
Pbfadsfpha mainly ami were supplemented IN Inv
ssrck market by unusual buying for Phiiaoelpha az
.r,t II WAS i'm goss5,e here 10 Obtain any dehhi'e
fnfornstlon inquiry az the offers OF OreAei' -No e
A. Co meeting with the reply that nothlhg Nc" na4
bsen heard affecting the trunk line sltushoh luei'
H r-asop TO believe while sufficient progress Las
-, r,aas toward effecting an advance in rates and
an adjustment of differences to encourage those III
itrresfs which opposed TO deinOfail.@alon
tho negotiations have reached stage where puo~is
might interfere with final success.
In permanent SeUtencnt u II nv" eN-~-'
~eeasntzed the principle OF diferental rates 1or 'no
eaker lines must he recognized and at the same time
- .r,.on can he taken which would involve any sup
.os.d humiliation of the Pennsylvania Railroad Oh
~. omar hand the New-York Central is unwilling 10
,csae Nh at tls reduction of westbound freight rates
On November 10 was aught but necessary step "a
,h,ob n was i'm PEELED with reluctance by TIE con-
,,ons NJ ttx traffic as competing hncs Ihere
a. t,,e aoupt that ary restoration advance OF rates
xr.u carry with 10 a settlement by which the sou'n
Pepusylvanis enterprise viii be removed Dc all oio
=, ,rr,ta.ion or menace the Pennsylvania Railroad
.vstem and to accomplish this result, winch appear
Inevitable in view Of the failure 10 raise suHl00
.n,,al for the Independent construction OF the eou'n
p,nsv,vania road decacy required in the conduct
Sf negotiations
MR. PINK's MISSIONARY WORK
Commissioner Fink is engaged III missionary "oIA
designed to pave the way for reaching hsnoi o"
NJ rates. but 1t is unofficial in character ana Tue
-onpIet,on of all negotiations may be secured "I1ou
ON formal meeting OF trunk line presidents. Inc
V.vyork Central is understood TO be SIN olsssels
"a nth tbe course OF westbOund franc, par'Icu
I,riv AZ affected by the PennsyNsnls hdiloa, oas
sIrre are indications that the preVsnhg .aiils
tsfnc rigdly nam tanned by reason OF pOsuve s'ruo
flons from the high officials 10 ther sun ,o
dectd.dlv encourage development ID IN sItua ~
an expressed dcsrc nj the Grau - n" y.
canada 10 cooperate in an advance o. ~ en- eesGo
100 mounds in dressed bcci ralr rum .ni,,ar,o
CIue vesterSiays developments presented no Id'sDlo
rhanre In the relations Of the trunk nhes utro 49,
Indications and limitations OF slgnlhcdDL na.u'o
rrbcb pent 10 an early and satisfactory terIha'V
NJ this discors which have prevailed so lols aos nv
q .sts,1 lines aud which recently have Oeenn uH
Ssned 10 ie detrnsnt OF the owners Of the ciereh'
PROPERTIES.