New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-07-29
OPPOSING 4 RAILW1Y TRUST
VIEWS OF MEN AT CHICAGO INTERESTED IN
TRANSPORTATION.

Chicago, July 2s (SpeciaD-A local paper prints
nearly two pages of interviews with leading Western
railroad officials concerning the proposed railroad
trust The managers are not all ready for railroad
trust and some of them emphaticaly oppose such a
combination, but the tenor Of their remarks seems 30
indicate that they all looking forward to a
stronger federation among carriers and a
system of cooperation that will remove the
transportation industry from the influence OF
free compettion. Chairman blanchard said: In my
Judgment tho best proposition, the one which IN
ours least the public objection 10 enormous aggre-
cations of capital and the tendencies OF lndiVlduai
management and aggrand.zement, Is RESTORATION OF
the right TO pool. i would have this however, under
such limitations of law to provide for the proper
protection OF railway owners on the one hand, and
railway users on the othern Mr.. Blanchard went on
m saw that the pools should be egalized after being
submitted to the Interstate Commerce Commission
They should be evocable in the Judgment OF the Cou
mission whenever, upon proofd the pooi
contracts used to produce disastrous
public results or injury TO localities or individuals
Chairman A. f. Walker, OF the Interstate Commerce
Railway Association after discussing the present Situa
tion at length said Upon the subject of railway
trust I have only this to say, that the most
efficient combinations In railway ownership
which are designated somewhat IN dersion as railway
trusts, are those which seek TO break down railway
associations As has been well said, unless railway
managers can associate, railway owners must COMBINE
Whoever in any way intermeddles with or nterferes
against the efficient and harmonious working OF rail-
way associations IS direct laborer for the establish
ment of the railway trust 90,
General Manager jeffrey, Of the Illinois Central
feels sangulne that the Interstate law. properly
amended will I'm the end bring about stable ana re-
mune,atfve rates of transports alton.
General Manager st. John, OF the Rock Isanu, re-
marked: u would say that the most desirable plan
nuld be TO recognize tho fact that the entire railway
svstem of the United States Is practically an inter
sfate subject alone Congressional as disungusheh
from State legislation" ,,.-
President IL H. Porter. Of the Chicago and Eastern
Illinois looks upon consultations or trusts as the
only practical remedy. The railroad trust as ne
looks ilpon IT, IS an entirely harmless thing.
President Hughittl of the Chicago and Northwestern
road thinks the trust scheme fl advised and lmpfac-
tcable lie takes a more hopeful view OF the eX, 9S
isting situation than most of his colleagues. lie
thinks the public VIII discover that its hostility
toward railroads has been pushed too FAR
Ceneral Manager Ripley, Of the Burlington, thinks
tbe nrogess of events IS toward practical cons0Ida
tIon of the roads To him it seems not only heVita
bic. but not far oK ,,, 49,, ,,., ,1
Chicago thinks the outcome OF tho present SITUATION
rnnet he a system of trusts or consultations.
Cenerol NcNulta formerly receiver OF the WaDash,
save Something must be done. There Is nothing put
deatb for great majority Of the railroads II there Is
70 be no change In the eStrctOhs Oh lo6Sldu"" vi ~
methods of railway managcmehl.