New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-11

That the Trunk Line presidents should meet at the earliest
possible date to form association TO carry these pur
poses into effect
The following resolution relating to the payment Of
commissions was voted for by all present excepting
Nr Gable, Of the Chicago. Rock Island and Pacific Rail-
road, who objected to voting until his competitors not
present could be heard
RESOLVED That the payment OF any sum Of money by
railway company the officers or agents OF rail-
way either in the form Of salary commission
ence Passenger business being subversiye OF discipline
and breach OF commercial propnety, is hereby dsap
proved.
ResOved That the payment to persons exclusively
In railway service OF commissions for the tickets
fosters discrimination, csturbs established rates. and
therefore disapproycd
Prior to adjournment, Dir. Morgan said:
In regard to remarks made Informally by Mr..
Roberts, about building parallel lines and the position OF
the bankers thereto quite prepared say behalf
Of the houses represented here that organization
formed practically the basis submitted by the CON-
mttee with an Executive Committee able TO enforce Its
provisions upon which the bankers shall be represented
they prepared say that they VIII negotiate, and
will do all in their power prevent the negotiation any
securities for the construction of parallel lines the
extension lines not unanimously approved By such
Executive Committee.
ROADS NOT REPRESENTED.
The Chicago and Alton, the Southern Pacific and
the Illinois Central were the principal railroads that
not represented at the meeting The Alton and
the Illinois Central have not attended any OF the
forenccs but the absence of Mr. Huntington was not
considered significant. The Southern Pacific is a
member OF tho TTanscontinenta Association, which
is In active wording order. and IL Is not affected
greatly by the recent differences among the granger
Stood moreover, that Mr.. Huntington has been for
long time In favor of comprehensive plan for the
maintenance Of rates. II could not be learned yes.
likely 10 oppose the adoption Of the plan, although
they are not willing apparently to bind themselves TO
acrcc
the Rock Island vote for tho resolution against the
payment OF commissions was said to be caused by
pnsd s anton on this ground thS a1 the Alton
and the Illinois Central would give assurance OF
s aOG s b nSf Es % vote ys III Rs
principal competitors were left freo
NOTIFICATIONS MADE LATER.
Tho subsequent meeting Of presidents Of Western
railroads, which held at tho Windsor Hotel re-
suited In some notifications Of the plan. While the
managers will fix rates. differences viii he settled by
arbitration by an Independent board and not by an ex
ecutive committee. Instead OF chairman and two
vice-chairmcnone for the freight and tho other for
tho passenger department-there will be. according to
the plan OF the Western presidents only chairman
and two arbltrators. To quote the words Of q
Western railroad officer, who present throughout
both meetings.
We did not swallow whole the arrangement evi-
IDENTITY prcpared for u.s. The motion to adjourn to tho
Windsor Hotel was not made by Jay Gould, as re-
ported In evening newspaper, but by the presi-
dent OF largo Western road, who apparently wanted
TO separate the discussion from the banking interests
The next meeting Of tbs Western Companies will be
held at Chicago at the call a tho presidents of the
Western association
Charles Francis Adams OF the Union Pacific, as the
president Of Tho association, and committee OF three,
consisting Of Mr.. Adams and Presidents Strong and
Cable appointed to solicit signatures to tho
Western plan