New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-14
/, Preliminary AGREEHENI.
THE RAILROAD PRESIDENTS MEETING.
Fu11. TEXT OF TIE PAPER WHICH WAS OIi''' =
LATED FOR SIGNATURES.

LATED FOR SIGNATURES.
There will he a ful attendance of western r'ii'"Fl
nrcsjdc,ts AT the meeting 10 be held at tlc h"''c Va
j. Perpont Morgan tomorrow. iracuca"l "'o -"
tire Western system will be represented 80 INV
tons are unimporant. The most prominent - Wv
absrntces viii be the president OF Inc 'H''"7'
Alton Samuel spencer. formerly prc>'neht u '','
ra,+I,,oro and ohio road who is with Dr'Hcl
Norcan a. Co.. said Yesterday: 1t Is, OF c"G'>'' TN
fortunate that Mr.. blackstone VIII MOI Nv P'''"
the results OF the meeting shGdm hol DC gov ~
that Tlp Chicago and Alton = WILING ~ VIZ -
thing that any conference OF inc cha'e''ur p'"i'
may suggest. II works for per CEN cN'u'"u' ~"
lis stockholders. and that assures us S'pp'.' Va '
thing that can lie done 10 maintain rates o'P''"
.. Cricaco ouo.cd one of The directors a. saying
.Thc Anon attended one presidents meeting ana Go'
the worst OF it, going on tic assumption ''i''' VIZ"
WAS promised at tina. meeting W'an DC h'ou UP w.
while all the other roads went on clhcfeh' dS9"'P
,ion Tic Alton will now wait ana see Wha' 'nc '''"
Ing meeting proposes ,,
President Ill., OF The Great Northern SYStcin W.,
o,,ord tho conference but his friends Tpudlate INC
idoa that any compulson has been necessary Inc
compony is pushing its lines freely and me 'ou''"l
Of the bond market has In 10 way ihIuc"''' any
change in policy. Mr. III is anXlonS 70 9e'u'V d"
agreement which Will give stable rates ana ''"cN'
treatment of shippers, and the finances OF thc com
,,nv arr upon a sound basis. There Is Only one ie'i
claVc tO-mo,rOv-It Is lhdl tue id'o' "'"'' y" ''
tanned and that they VIII be
The essential features OF the preliminary agreement
which may form the basis of discussion AZ l" '"'''"
meeting have been printed. The text "i the paper
vb,ch has received many signatures, i prih'u Ih '
weekly letter OF the brokerage firm OF Moore 9'"c'
as follows
a., ,eso,t aoycral associations west OF Chicago and
- Ionls The new association Is - embrace all 81
Che roads west of st. Louis and Chicago to the fh''
Coast: the new association t. continue Ho' HN' '''
five years to have general manager or c"I''h''
sioner with such assistants Is may b. afcel upon "
found necessary.
The association shall take upon Itself The making OF
through and competitive tar.hs The management %
connective business. the conduct Of utde aTrn''S
for pioc,rnc it, the 1outcug OF il over the respective
Dad, of the members OF tho association. IN Suc'
amount manner and proportions a. nav p' ahfcVu
uuon between the members OF the association y
sufficient guarantee shall be contained In the agree
lucnt as T. prevent rebates dcVation9 from tho
regular rates.
During the period named The members of sad as"
ciatloD shall desls from the construction OF any new
railway lines that might compete in tie TERRITORY 60
with the business Of another member OF the
lc;.>, without The consent oi the O'hei PiI' a.
Board Of Arbitration SHALL be named 70 whom AL
questions shall Dee finally referred 10y aftraiou "H'I'
the par,ie, caunOt a-r,o a. between themselves
Al other RESOLUTIONS now Covering the a. l1'on ",
part II the territory named el"H b- 'b'4N"' ="
made subordinate - the ucr '--"'..i.oh. .
The selection u the commits, .'ncr ahd ''
manage Ui, ASSOC aiioI shall De- mai" by t'c p'',
Gch., oi the ,cNcaad iOod. oompr! lh. a. 49," l'
and shall require = t,c. thirds Np'" %! th' h' -"'
lie association herein contemplated j. = r"'i .''
an agreement with the Central franc ~ l,,' - ''i'
the Trunk Line .,~~o,iltuu Ia l'h manner i''' '''
association slal. within Il r'-l''i'' ''f' ''' d"
operate FOR the mutual enjoyment Of 10" "i"',.
Any road Ia lle TERRITORY oi ''A'. oI 'l','
Citations that shall rciu-c O. conform = tAr Il co.
me naItirs thereto or 10 become n"nh o. ~ 10" o.
solution shall b. excluded from all participation li
the ADVANTAGE, OF the association.
We. the undersigned. agree 10 49, our h'-i ' .
and influence procure tir i'il' l''H di'' ''''''
ment Of the foregoing pToRI.mnr
Chicago. Dec. IA" Tie Evening !cuii#'
Every railroad pre- dent her except ".. hIt =,
~ ,hc AltD:. has gone 10 Sow \HiN. ald "t o. 100
the meeting Al J. Pe.Douf N"r-an's len "h '...-',
John " Eg.u. 81 the Chicago. - raul "H' ~ ~
CIV lcf. hc.r la night. IT, was a. ohIH''N D"
l. i. SuclMcy. ~ president Of iwi r1td. VIZ d.
said ha- been invited To- Ia:ncpai" DID N.r 'o'+'
MI blackstone sent word that De ooud i'l "l,,""
uoo-rc INT IL IS understood tti %" hh- cFi .'" ''
Himself a, being nv thorough accord with auj pan JOE
Obta. ming 4 better maintenance oi ric'.