New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-11-15
RAILROAD INTERESTS.
SEVERAL RUMORS DENIED.
OUTSIDERS SHOUTING MORE LOUDLY FOR PEACE
| THAN THE FIGHTERS.

OUTSIDERS SHOUTING MORE LOUDLY FOR PbAcE
THAN THE FIGHTERS.
The impotence of the stockholders of the railroads
west Of Chicago to secure combination that VIII,
establish remunerative rates is exceeded by some "
the newspapers which are anxious TO accomplish -"
result. The latter seem 10 have discovered al
agreement" that Is satisfactory. but they are no"
searching eagerly for the gentlemen" necessary !"
complete the combination. The zeal Of these pnpn'"
tons has led them far TO say that J. Pcrpon'
Morgan. OF Drexc Morgan & Co.. would Issue an INV
taton to-day for conference OF Western railroad prc
dents here TO discuss the situation Mr.. Morgan yes
tcrday denied that he had issued nvita'ion' on.
declined to commit himself TO promise that he wo'io
do He advised nquirers who were sure OF the I'M
mediate elimination of negotiations for reform In me'
DDS Of railway management West to seek the source Vi
their information.
1t was difficult yesterday to find railroad men
here who aware Of any intended ca"
Of bankers to accomplish revouuon
In the railway situation west Of the trunk line anu
Central Traffic Association territory. John p Terry,
country neghbOr Of Jay Gould: Sidney Dillon, oi 0
Union Pacific, and Peter Geddes. director ana larry
investor in the Chicago Burlington and Quincy, WERE
In addition to the railroad quoted In yesterday
Tribune among those who had not learned personally Oh
the negotiations foot All of these men said tii'
their knowledge the subject was derived from the
statements In some of the newspapers. one prom
nent stakeholder In granger road even repudated III"
suggestion that he was one Of the indignant smart
holders who demand peace, even If they have 10 ny"
for it, But look at the slaughter OF your STOCK III
Wall Street, remarked. Down heref' was the
reply. with jerk Of the thumb toward the Stock EA
change; let them make what prices they please
have paid for my stock and know what II is earning
Sidney Dillon said to be the coming president Oh
the Union Pacific Railway by newspaper which mas
accepted the theory that Mr. Gould has obtained virtual
control Of that company. Mr.. Dillon said " Bosh
when asked respecting the publications and added :
I" have not consulted with Mr.. Gould on this matter
and know nothing Of any conferences or negotiations
Mr.. Gould may have bought some Union Pacific Stock
and If he sets out TO do thing he generally accom-
plshes it. But. far as 1 am concerned YOU may
say positively that no arrangement has been made FOR
me to become president Of Union Pacific anything
else."
IL is extremely doubtful that any early meeting OF
bankers and Western presidents can be arranged
The bankers are bNily engaged in work intended TO
allay the disturbed feeling In Wall Street and avert
any further trouble than that which has occurred he
railway presidents have several meetings at the Wesl
which will engage their attention for some time III j.
possible that the conflicting Interests West may DC
adjusted by q gradual process than that Tep
resented by dramatic conference IN New-lorh wllch
might attract notice from stockoperaiOrs Than
from investors.