New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-17
l.tt1e fosiishln But added Mr. Dillon,
n.r,.r,v al don't think railroad men are all


. Net1e fosiishln But added Mr. Dillon,
ioeu)srly. IL don't think railroad men are all
knaves yet. eh =
Mr. Gould's plan was not accepted. acooruins
% NJ Dulon's view, mainly because Of the
6ve.vco, clause. that being too long period
for smell :: experiment.. "Mr. Gould's propositions
were Also nv own opinions" said Nh Dillon
Z" but nerhaps the other more favored.
~ M. Goulds plan had been pushed to
vota. would it not have been rejected ?"
"Wel. the vote for IL might not have been
aItoaetber unanimous" gusrdedly replied tne
Union Pacifos president
RELIEVING TILE PLAN WILL WORK
Another prominent railroad mon who attenaeo
Che meeting on Monday expressed the cohNloho'
Yesterday that the new plan OF cta'rsiiheo gu.
ment of groups Of railways nan come U" ~'
4" The roads that have not Yet entered into tne
agreement are bound 10 do so ultimately iH0'
cannot stand separate from this great mons'i','
Rut IL thev do. and If by any chance other roads
sbopld rive the three months notice and seo ou''
tho movement would simply come TO tins TWO
ar three or four or a halt-dozen OF the tIuhh
lines would unite and subscribe to an ssreeineh s
These men are not 10 be trined WIN, a!o oH0
l.ickers will sooner or later find TINS out.
why was Mr.. .Goulds plan rejected III i"'o'
of Mr. MorGans ~ H.. ,,.ro mot suh
mit;ed in the form of fully prepared aho ora, "a
articles of agreement. The propcsi".ons T ,;yo
considered one by one, and W ene ti'no
he napcr was completed 1T haH pcei .
sdded TO- cut erased, scratched and lnterineo ou'
of All sem blanoc 10 the original both pau e en-
braced the five or SIX necessary pGi's tp onnosi
s ir % No 6yevear clause in Mr.. Goulds plan
The articles as adopted were not Mr. Moiean .,
but were modelled @rgey ai'e and Pennsyyana
srstnrns Which bv strange coincidence, were
Given out the sane day . ,o,.n b,, Mr.
DO you look upon the poS1lMon !" heh ~ "
StickneV as in any way slSnllcdht.
DISCUSSING MR.. sTICKNEY
"Not at an. Mr. Stickney succeeded IN moK-
ing himself ridiculous. In inc nrS' Pi"v'' =,
sbou]d neither have talked nor voted, as Johh NJ
Pagan. the president of the road, was present
Rut Mr.. Stichney did talk, and succeeded Ill con
vincjnr me that there must re something 'he mat
tor with his head. His language was outrageous
but Mr.. Gould cleared the atmosphere wlth o r,I
inimitable story about ncle D %nrntied course
the meeting resumed It's smooth 9lruiileu IJ NOT
When il came to voting. Mr.. SuckneN WouI H ,,
vote. The others present insisted 'n"t ne Snoii,,
declare himself for or against, DuI he va" bur moi
Slowed 10 90 on record as present puV no'
voting. .l ,tobisop Toneka and
Souta Fe Railroad said the directors Oh lhau io",
~nnid meet in Boston on Saturday for the purpose
of indorsine the agreement. Mr. McI ooh 80, ~
messed qualification al this step toward NV ~
of railroad management OF WHICH, MI
long been an advocate.
2 r. CABLE CHEERFUL" -
R R. Cable president OF the Nhcas0'
Island and Pacific, said that meeting Va %
directors WAS called for to-day. The RocK ls!a"u
he urged. will 60 into this agreement WIZ" Wv
honest intention of living up to IT, II 'nrl' -
only one other company with II, the hooN i'-"'
is bound TO carry out this agreement
bowever. that the road will have plenty Oh con-
many and that a dozen or more roaue NJ. ,bot
Pssnaciatnd with it, The plan may NOT pe an ~
dssociatEII ;sh h,, il has elements OF strength
in the fact that the agreement Is lol s 81, ;v
and TINT no company can Wnhuiam 20, i'm
ing three months notice. Ina. Is and think we
nrovement on previous agreements, anu ~ 80, -, mo
pv. ,aken n long forward step. IL looks ~ NV
as if the association would be con'inueu '''
long time. n.or ren,ied calmly TO
49,, rsstion IL he had come down town cary 10
hnv stocks: Il have not had any thtito' have
stock market for a long ume, oi,l ner;odcally
hson rcnorted to be short Of STOCKS pc. 80 |
nee1 W. nH gost two wears At the present time
an entireIv satisfied 10 be out of deot' son. A.
" railroad president who was hoI pIeSeH 60
a tt aai~ suqrested: The condition OF the
WestaTn railroads reminds me OF the "iiu io"d
honts AZ the beginning of the Clvll war , H."
~ hanks went out Of business az uhao ti. w.
man! o"nN0 ,,, of the apparent disaster was Inc
nStohHshment Of a National banking system, ,,iT
ssme Intelligence that solved that Pfooea+ cav
eN ~ to solve the present one cahIoV o"S
oe sH viii he done but think it will he through
constellation .. ,cprrvr-yr
TN nrosantinc the plan for improving the WEST
or, railway situation to the presidents Oh MON
da. Mr. Morgan spoke Of il as being lonhue"
mon an agreement which had been reached oc
,xreen the PENNSYLVANIA Railroad and the NaIuei
h;lt interests The latter agreement was pun INV
os.c, about ten days ago. but the plan ha" Pio
yiouslv been in operation, expeIlmen'a.iy, i c1
three months The agreement, IKE Una, NAM '.;nn.
il gave birth TO, is IN INC IoiIn hoard O.
that were adopted by each company
Wbsea 1t i. for the best interest OF TINS .oor,
pany a, for the public Se1 S1d S ssS ent
yn,N Central aud Hudson River l,ailroid O9h,
nanv. the pennsylvania Railroad company an
fenhsyvai sStberD Hallway Company the Mchie
Central Railroad COMPANY, ana Ite Comnanv {"
cinnau Chicago and -. Louis kalIwa3 padiisor
which 0s]sSs IS d tie president and direct
of each of said companies WIN P%%yr % rvaT
IS W e+.bsh uniformity Of rates between c0mpcuh
points; -. ,,,c, Advisory Council when mad
otf ~ 81 rmativc vote Of the representatives
U. ~ aid cnmpanies and the rates and policy the,'
hv established 10 continue until altered %! a.. mn 40,
Iii have eapsed without a meeting after Nluc
hsfnp shall have been made in writing by any or
Of such compane, now therfi4re o coalitions. #
incident for this company 10 set In operation I,
policy and plan indicated IN the o1eg one % be
.c,nrS NJ this company be and they are hereby a
nonted 10 ne the representatives OF ths c"inpa !,
sncb Advisory Council, with full power to act y
.v,. cn,nnanv IN carving the foregoing preamble ar
,nso,ution into full effect: TN, company r~serVIt
The right to wthdraTS fom inS ana aer nine M
49,, notice In writing shall have been given
every other company.
PRICES OF STOCKS DECLINED.