New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-09
PRESIDENTS CONFERRING
TROUBLESOME TOPICS AVOIDED.
A COMMITTEE APPOINTED TO CONSULT WITH
THE INTERSTATE COMMERCE.. COMMISSION.

A COMMITTEE APPOINTED TO CONSULT WITH
THE INTERSTATE COMMERCE COMMISSION.
second conference between the presidents of the
railroads west Of Chicago and st. Louis and represen-
tatves Of tho leading banking houses
of this country and Europe was held
at the house Of J. Picrpont Morgan yesterday.
At the previous meeting in December, It was agreed
that rates should be restored January for sixty
days. II was expected that, In the time a
reasonable plan for the permanent maintenance Of
rates would bc presented. The second meeting re
suited simply in the appointment OF committee to
confer with the Interstate Commerce Commission about
legal questions. The committee consisted Of Charles
Francis Adams, president Of tho Union Pacific !;
Frank p Bond, vice president Of the Chicago, NIL
waukeo and st. Paul. and william b. Strong, prcsi-
dent Of the Atchson, Topeka and Santa Fo
Whether this committee Will go to Washington to
meet tho Interstate Commerce Commissioners, or
wheher the Importance OF tie question will call the
commission to New York. was not decided yesterday.
President Adams reported to say that In his opln-
ion tho Interstate Commerce Commissioners could be
brought to NcwYork In this view the meeting was
adjourned until tomorrow, but longer time will be
given the committee II It cannot report I'm the speci
fled time. All the Western railroads wcre repre-
sonted except the Chicago and Alton and the Southern
Pacific. The Wabash which with the Alton was
absent from the first conference gave It's assent to
After the meeting over the following announce
ment was made by Drexel, Morgan & Co.:
An adjourned meeting of the presidents of tho roads
west Of Chicago and ST. Louis together with members
Of the firms Of Drexel, Morgan & Co., Brown Bros.
& Co. and Kiddcr Peabody Co., was held this morn
Ing at the house Of j. Pcrp0nt Morgan. No 2l9 Madl
sOn-ave. In furherance OF this a committee was
appointed prepare the necessary papers; also 10
confer with the Interstate Commerce Commission as
TO the legalcs OF any plan that might he prepared.
Said committee 70 report at tho adjourned meeting TO
be held on Thursday next. The presidents were also
unanimous in the expression of the necessity OF a
strict enforcement of the Interstate Commission Act.
unanimous invitation was extended To the TRUNK
line presidents TO Join and take part In the conference
on Thursday.
The motion TO invite the trunk lines to Join In the
movement was mado by Marvin Hughitt second Vice
president OF the Chicago and Northwestern Railway,
who represented that company. AS Mr.. Hughitt Is
prominent officer Of the Western lines of the Wander
bilt system. his suggestion was considered 10 be sig
nifcant, but II entirely unexpected. The pIcsi-
dent of Western railroad said after the meeting
"Theie was no discussion OF the reported quarrel
between the Missouri Pacific and the Rock Island
about the cutting Of passenger rates west from kan-
City. Mr.. Could said nothing and Mr.: Cable
talked about nothing except the general result. lie
seemed to be in favor Of harmony, but he expressed
a willingness to meet any cuts that might be made by
any Of his competitors