New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-06-18
THE ALTON's WITHDRAWAL
AREBukE FROM cHArRMANwALKER.
THE INTERSTATE ASSOCIATION NOT LIKELY TO
BE p1sRUpTED-A MODIFIED REDUo
TuoN IN LUMBER RATES.
rnr rr,rou,Pu TO TIE rRiDusE.l

BE DlShUIIhsI-A mOpiri] NOS
TuoN IN LUMBER RATES.
Inr TElEonAPu TO TIE TRiDusE.l
chIcvso, Juno l7-Prophooics OF tho COLLAPSE OF
tho Interstate Commerce RAILWAY Association Owns
to tho Withdrawal Of tho Alton road, secm un'
prsnna AZURE As p-cu,,nent ofcial Of Centraf itsf
20 road said to-day: ,,.u
ut seems to mo that the withdrawal OF 'nc hi'o.
will havo less effect on the association tnai va. ~
any other road In It. Tho Alton IS ho' W s ,rcI
a demoralIzcr. 1t will probably cut 'no h,o .n,.
ratio TO the bone, but II will cut 10 Openly. t ,'a,
,,,,n ~. ,n,ds IN the association Will have no dull
,,,, o,Inr the rates, as an article Of the agree.
mont ,n.r,iosed by vhe-Pros!dent Mosinihn' Vi ."o
Alton. rlyss then, all the privilege OF moeuns il
noedIately any rat made by m oue'oo ro"''
though The Alton cannot Officially sever ,'s 'o'.
ton with the association until July TO- II cons.ue'
it,olt and Is considered by too memoon' a. M ~
ro,d Tho withdrawal OF the Alton Is no inoio VI,
on for the dissolution Of tho association tnah lo
r.,us,I NJ the Illinois Central to join was FeH'oN
4, ,hs beainninr for its n.formauon'
rhe AIron is not ready to say yet what act'on ].
will ,ako relative 10 the live stock trao except 'hs.
IL proposes get It's share. General Manaser .happ
said: .,.. ,.o
most careful consideration meeting of the directors
was called and they agreed unanimously win W. '""'
IL was tho proper thing TO do. We s'ood mo "'a"p
Ia. ions OF tho ST. Paul road as long as we oouiu.
wo have practically been paying them mono! U,
allowing them 10 haul traffic which rghruiV oeionsci
10 u.s. We arr going 10 cult mat NO" anu p"' INV
money 10 tho shippers
Chairman walker OF tho Int.rs tao Commerce Railway
..oeatfon said We propose TO 60 on doing business
at the old stand Just as VIC have been do'ns' ino
Withdrawal OF tho Alton need not aheot 'ho Sso''A
,,on in the least. wo will probably have 10 meo'
some low rates but We can do that without preaH'
ing up the association VII,
Chairman Walker wrote the foilo"hs !"
presIdept McMull!n in answer TO tho notice OF "iu'
drawd:
.vorr communication OF this iate Is received. /
Gamma, refrain from expressing my regret that beIoro
making your action formal, you d'd not 'pq"ho VI
me IN respect TO the course taken by the e' rsu 'oa
under tho recent recommendation OF INC F1o'"'N'
Board Had you done so, believe hst your ~.
ference would to somo extent al ieas'' ha'o 0'
modified"
In a letter to Assistant. General Manager lucnr
Of the ST, Paul road Chairman Walker says Anef
r,nea,nr the decision OF the Executive Board. ordering
division of tho Kaasas City live stock traihc ms
cocs,on was promulgated on June 10, and the EAccu
tive Board was at informed by the b. faul roaa
TINT Il accented the result and would carry ont the
recommendations In good iaitn, 20 Sosc so II wa,
expected that the action proposal wouid ihvono -
certain amount Of PREPARATION ana sco o Atvrc,
rom kansas City Indicate that tho movement OF i've
stock 10 Chicago over the s. Paul road has cen con
siderably diminished whether the oohon!snc' Oh mn
condition viii result in an anelioraton OF the eShers
situation can DO determined IN short tine: ~ ~
docs no. the Executive Board has DOL o' A"' "@
Tie long delayed notice o, reduction IN tho lumber
ratio TO MssoIr River points by tho hi!Oh ,mno.s
hI ~ lover ihe rate ~ 10 cents without siaTiinH
ratio war from Southern lumber ponE am .Sron
promise was made ID cents. sou'nosh TN ~,
Inc to maina ain their present ra'Ns. Aho IL ''"
will be met by all competing rO"S'