The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1890-12-16
TRAFFIC COOPERATION,
Harmonious Meeting CT the Representatives.
Of Western Railroads.

NEW YORK. Dec 15.-The long expected
meeting If The representatives of Western
railroads was held to-day at the house of
Banker Morgan. The following companies
were represented Chicago and Northwest
ern; Chicago, Burlington and Quincy; Chi
cage, Rock Island and Pacific; Chicago,
Milwaukee and ST. Paul; Union Pacific;
Nilsson Pacific; Atchison, Topeka and
Santa Fe; Wabash and Chicago; st. Paul
and Kansas City; Illinois Central; South
ern Pacific; Denver and Rio Grande: North
ern Pacific; Rio Grande Western; Great
Northern; Iowa Central Besides the rep
resentatlves OF these companies there were
present: j. Pie rpont Morgan, Samuel Spen-
Ger. John Crosby Browne, Howard Potter
and George c. MagOun.
A preliminary, agreement. which has al
ready been pub lished, was presented by
Jay Gould and read. After some discus
sion Morgan said thar after long considera-
tlon simple but comprehensive plan had
been agreed to by the Vanderbilt and Penn
SylvanIa lines for their mutual and competi-
tive interests and based upon plan he had
prepared, the scheme Of which he proceeded
to read. 1t provides for the formation of
new association between the several COM
panieS west Of Chicago and st. Louis, to be
under the management and direction OF an
advisory board to consist of the President
and one member Of the Board of Directors
of each company. 1t shall have power to
maintain uniform rates between competitive
points and decide all questions of common
interest between the members. 1t shall have
the entire charge of all outside agencies for
securing traffic at competitive points. If
any officer or the representative of any com-
pany shall authorize or promise directly
or indirectly any variation from the estab-
lished tariff he shall be discharged. The
rates and policy adopted by the Advisory
Hoard shall COnfInua in force and ha
ing until altered by the board. The vote of
at least four-ffthS Of the members shall he
required to make its action binding upon ALL
The board shall appoint proper arbitratOrs,
commissioners and other representatives,
and adopt bylaws to carry out the purposes
OF the association. No company shall with
draw from the association except after
ninety days written notice by resolution OF
the Board OF Directors to every other men,
Der Of the association, with pIoviso. how
ever, that the association shall continue at
least six months from January 1st next.
This agreement will be laid by each repre-
sentative present before the Board OF Di-
rectors OF bis company for action. After
long discussion it was adopted,
all voting in the affirmative except the
Chicago. Kansas City and st. Paul. which
wished more time for consideration. The
Chicago and Alton, Kansas City, Fort Scott
and Memphis, and Missouri, Kansas and
Texas will also be invited to join. Presi-
utHI MlucE OI tn6 Ot. raul TOau was eln-
powered to act as Chairman of the ad-
journed meeting, with power to call the first
meeting Of the Advisory Board after Tie re-
ceipt by him of notices of the action of the
several boards of directors.
The most perfect harmony prevailed at
the meeting, and it was considered by all
present that the action taken was great
stride toward conservative and effective
cooperation between all the companies in
arranging to vest absolute power in one
Board will be, OF the membership best quail
fed to act for the interests of the companies
and the public. A great element of con-
servatism is the fact that 10 withdrawal
can take place without the formal ana de-
liberate action of the Board Of Directors of
the company in question.