New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-27
AGREED ON ARBTTRATIOM
A POINT SETTLED BY WESTERN ROADS
THE PRESIDENTS ACCEPT THE PARAGRAPH IN
THE NETWORK AGREEMENT WITH
rzpoprA >y1 nuANCES
FEY TELEGRAPH TO TEE TRrBusE1

lMfOhIANT OnhNOn4cs
EnY TELEGRAPH TO TEE rRrBusRL1
Chicago, Jan. 26.-The Illinois Central was still aD-
sent this morning when tho roll was called In the
railroad presidents meeting in the Pacific Hotel The
remaining twenty interested roads wore represented
Said General McNuta receiver Of the Wabash Eastern
before the meeting opened
We all believe that the socalled presidents agree
ment as whole is absolute necessity TO the proper
conduct Of railroads The exact wording of the agree
ment and its perfect understanding by all members Is
matter of the greatest importance and wtsn We have
finished our session there be possible doubt as
to any Of the provisions Of the agreement
Said A. B. stckney, president of the Chicago, ST.
Paul and Kansas City, at tho close Of the meeting :
ave have passed the arbitration clause OF tho agree
ment It has been under discussion a long ine but
It finally passed unanimously. That is the way, In
fact, that all our legislation must be passed. Tho
arbitration clause a very important one. and was
passed practically II presented at the New
York meeting We took up tho matter Of the d.
vision of territory for association purposes. 1t is also
an important point"
"w tho territory be controlled by one. or three as
sociationsi'
"Not being prophet, can't tell. Opinion is d.
vdcd on the subject, and think We Will have diff
Guilty IN agreeing about the associations"
How do you explain the absence Of the Illinois
Central from the conference"
well, / suppose they think the agreement VIII
fall short OF expectations and don't consider 1t worth
the trouble wasted upon It. 1 have every reason
to believe that the Illinois Central although outside
Of tho agreement, viii live up to its terms rs long
as tho other roads do.'
Tho arbitration clause, the only definitely
acted upon by the presidents, is as follows:
In case tho managers fail to agree upon any
question arising under this agreement Il Shall be
brought before tho association. II shall be referred
10 an executive board consisting OF three experienced
men. The members OF such board shall, on tho or
ganZaton OF tho association, be elected by unanimous
By two-thirds vote Of tho members. Tho board
shall determine ali questions, boar and decide all
cases OF complaint and prescribe the time upon which
such hearing shall be had, with view of preventing
all unnecessary delays; after which, decision shall
DO rendered within ten days.
The changes from the original in tho arbitration
paragraph are radical. The members OF the board
must serve without extra salary, thus largely re-
And said decision shall be final" stricken of
the end OF the paragraph as 1t was originally pre-
sentcd
The Illinois Central will not bind itself to the
Gentlemen's agreement. To ascertain the for
the persistence OF that road refusing TO meet the
presidents of the Western lines, a reporter called
gentleman said The two associations already in
existence for the maintenance of rates I'm the pas
senger and freight departments OF tho roads are
sufficient 20 my mind 10 prevent tariff wars, and
do not seq why our road should Join another ssso,
citation. We have always lived up 10 the liked
rates except at points where We were compelled 70
protect ourselves, and intend TO continue TO do
go ANY agreement the association may make VIII
be satisfactory TO the Illinois Central ana we VIII
abide by the provisions of the agreement the roads
arriy at.n