Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-28
Tie RAILROADS.
Could. More Than Ever, is King OF
Western Roads.
4 Rumor That lie was Helped by the Wander.
bits In HiS Last Move-LOcal
Affairs Mixed.

Tie military step toward forming a
great railroad pool has been taken. and
Jay could is the person manipulating
tue scheme. Exactly what shape the
proposed POOL or trust will take has not
vet been determined. One plan is TO
form an Independent company. with Jay
Could at the head, with which con-
trolling amount of the stock of the vnri-
ou- roads in the combination is to be de-
POSTED, aud which is TO guarantee a GER
tam amount of the earnings to each COM
Iauy. THIS ''trust' company is to di-
rect and SUPERVISE the traffic affairs of
ih. various roads ana regulate the eX-
ItUsrs Without lis consent changes in
rates rnEnot lie made, and if railroad
OiirHl : found 10 manipulate rates or
tnl, TO not il conformity with the rules
aud regulations proviird by the trust
such official is to Ice promptly discharged
az The demand of the chief officer OF the
trust
some OF the magnates, however, are
not no favor of such a radical measure
g. The one outlined, saws writer in the
Oh rngO Druvers' News, and they would
prefer the adoption of some such plans
Il, recently proposed 10y Chairman Walker
OF Tie G~utlrmcn's association. That
puu, Ia brief, prov .drs Tor the sweeping
away OF all the present intricate and r1-
itusIvp machinery for securing business,
which las always been menace To rates
au1 has constantly involved the roads i'll
wdThrr. In its place il is proposed 10
establish at every important shipping
point single agency tor the transaction
oi all competitive lou .iuess III the natural
and rru.rA phICul subdivision of the rail-
roai systems of the country. Another
feature Is the removal of the rate making
power from the traffic managers and gen.
EN- freight and passenger agents aud iu-
Vest az il IN "a rOmpuct committee, whi"h
shn.I tt umennble 10 Il board OF direction
winch Is TO lie composed OF the leading
executive officers of the several com
laHHs forming the combination.
4 lramiurnt railway manager, who is
Thoroughly familiar with the progress
tni Las been made towWrd the con-
'anuHf on OF GOulh's great scheme.
ed 8 20 day or two ago that the change in
The ,o.trol of the Union Pacific meats a
Ir.Ht drul TO the Milwaukee and st.
IHu. DrrXrl, Morgan Y Co hnvs for
'oye tue past beer influential in the
moan cement OF that company. Mr..
A"--hu has assisted Mr.. could in re-
-H |.tE control of the Union Pacific, tor
I" reason among others, that tie wished
l" cure for the -. Paul company ia
'...ts west of Omaha sim lar 10 those
'.."'Hi hY the Chicago and Northwest
CT" n-1uEh its alliance with the Uuiou
IT,. Doe.
Here has been considerable speculu-
Con during the last few days whether or
'ar Van lerDiiis are really i'll accord
".N JAY Gould. There is no doubt in
... f MS Of those knowing what is Goin.
e- "a, Gould would never have sue
,''.ri IN communicating the surprising
''n.s turing the last week or two had it
.'' zen for the AID he received from the
Wander its. The latter with their great
We 70 could hive easily Illustrated
''o. : scheme. Ii Is II we'll known tact
Wat hrrNrI, Morgan x Co. are the imam
,.Al nerHts for the Vuuierhilts, ami J. |
/" 'Ennt Morgan has perfected nearly u
all ih- deals OF the Nunderbits during |
'r Lust year or two. As Mr.. Morgan is |
A.s' Mr.. Gouli's principal hacker there
'ah he no doubt Of the existence of II
prf'ei understanding between Gould and |
tue Nunderhilts As far rs can be |
'tarurd The scheme IS TO let. Jay Gould |
SeA'Tol the railroads west of Chicago and |
81 Louis while the Vanderbilts are to
nave the direction of affairs east of those
D'"rs, or i'll other words, two trust com.
Iau'es are TO lie formed, one in the West
WIN Jay Gould at the head, another in
head.