New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-13
THE RAILROAD PRESIDENTS
CHANGES MADE IN THEIR AGREEaExT.
MR. CABLE, OF TIE ROCK ISLAND, ANswx1o
HIS cRrTIos-AN AFFIDAVIT on
RATECUTTING.

MIR. CABLE, OF TIE ROCK ISLAND, ANgwx1o
his CRITICISM AFFIDAVIT on
RATE CUTTING
The modified agreement adopted at the Wizsdsof
Hotel meeting of Western railroad presidents On
Thursday contains no important changes Other
than those slready printed in The Tribune The
composition of the Executive Board which In prse-
ticc will be probably beard Of arbitration. 10
changed somewhat There will be no vicc-chafss
man. but the board will administer all matters con-
nected with the association. There will he no
separate heads of the freight and passenger depart
ments The provision that all station agents
should report to the auditor of the association wns
stricken out and the clause that would have pre-
vented the employment Of any officer or agent who
had been dismissed from company member OF
the association was not adopted. final pro-
viso states that the agreement shall be binding
upon the signers when it shall be signed by the
following companies: Chicago and Alton, Chicago.
Rock Island and Pacific, Chicago, Burlington and
Quincy Chicago, Milwaukee and St Paul. Chicago.
ST Paul and Kansas City, Chicago and Northwest
ern, Chicago. Burlington and Northern. Chicago,
St Paul, Minneapolis and Omaha, Wisconsin Gem
trial. Illinois Central, Missouri Pacific Kansas City,
Fort Scott and Gulf Atchison Topeka and Santa Fe,
Union Pacific, ST Louis and San Francisco, Wabash
Western, Burlington, Cedar Rapids and Northern
Missouri, Kansas and Texas, Minneapolis and ST.
Louis, Iowa Central, Fort Worth and Denver
AS the Chicago and Alton and the Illinois
Central have not been represented at any OF the
conferences, although urged to take part In
them, the committee to secure the signing OF the
agreement may not have an easy task. Tho
Chicago, ST. Paul and Kansas City Railway will
sign the modified agreement. but President
Stclney has sent a circular letter to Drcxel
morgan ~ Co.' Drown broohsrs w. "'-
Kiddsr' Peabody & Co., the three banking ing. firms ms
which have been active IN bringing sooue ene
agreement IN which he expresses 'ns 0p,n.0n =; a
'l"S 49, - p', .is.'s1,, sse,,aa ,hs s,.
vance on ,ne pans previously Snop'sa, m s's ,si.
.. x,u.s.-ah, I.x.L soxsnx arono
OPINION at cons'oeraoie ieng'n' saying an0ns
o'nef 'nings' ....
and mmuaerative rates can be maintained, such
se seS rsss and tbe anu nt them into effect is
the first step. The public mind assumes that such
rates have been ascert aimed. that they fully
agreed to and understood and that nothing easier
than to put them into effect and maintain them that
IL is merely OF volition; that the Presidents
have only to order II, In good faith and Il Is ac
compshed.. This is the theory Of the contract Of
January l. and q large extent OF the plan adopted
yesterday In my Judgment, this IS SUPERFICIAL
view. 1t does not fairly consider tho magnitude
Sndeysg i eGs pes %Geh control the business and
are more powerful than presidents.
and most important provision an agreement to Inn
medIately take up and agree upon full and com: com;
o agree upon one class standard, making ~
other classes certain Rereenase above Or or eeio% ri
Then agree upon the prlncIpis on wmcn tns az ss
rate should be built up, and the completion OF tne
tariff would be only matter Of mathematics a Which
be a systematic tariff based upon reason, which
eS1a Be % the sons@son of this plan
differences in opinion would necessarily arise, l
would provide n advance for Board OF Ar9,!er; tiss
should Be disintsrested-men Of education Of high
sann and q ea n asway fSss % % matters TS.
would recognize ,ne iact 50 ,th i.,vag % trssc 10
understand, that entirely conditions have been
introduced BY legislation, and thar, rom this nme
which have been practsed long no longer to
be continued.
Mr.. suekney snoml'S ''s nsanaa ~ o, these
presidents association IN accondauce WIN 'n0ss
views; -, ,...,v .,,.. - and with each
h ne d h sieuina this agreement we do hereby,
other ana oy slSns 70 he known as the Railway
Presidents Association.
The objects Of this ASSOCIATION c,sdrm esIass.scatou
Cd To adopt one class OF said CLASSIFICATION, 10 bs
known the standard rate .,.ovs or hs,ov
the %, Standard rate the other classes shall bear.
4th' To agree upon some mathematical plan OF
building the STANDARD rate ......., ,o nut n IN
maintain It nn Il altered by this association "a
maintain es,siing rates when they are reasonaoic,
aad ncre ssc those that are unreasonaoly low,
Ttb tn di cover some plan TO prevent tne pay
ment of commissions passenger tickets, ana 10
nrevent dealing with scalpeTs which shall be more
eyectusl than new agreement among ourselves THAI
@ch practices shall be discontinued.
association we agree at once to elect Board of
ArbIte consisting OF three hcGs nssiIsS IN
traic affairs, who shah attend all meetings and acs
arbters upon al matters oa and nt IN esct 10
hail ie their duty to prosecute ell violations of said
tariffs and rules; which az me sne ss n ta,ies arr ond
%as or are nc Violations of existing laws to investigate
report the facts to the public .,.u hs omen 10
The pube dE,e and that state and interstate Commissions
shall be invited TO attend ann ~ ,his | asSo-
cussons we agree una. ae ,ho % ~ the pnari of Ar
eiaton, lnc,uns % of entions shah be borne
biefs ana cAPciSes VI -, ~ - sn s,nifahie basis
by our respeclise Shcn 90 mi ri on T,,esday the
we agree 20 meet AZ aooo osso,,a and sect chair
day OF January les9 organAe anu s,a eeo. % 1,s
man, man ane s hsye $780, oe,fscsrs sl1 tsTa
This association shall continue until January l.