The record-union., 1891-01-10
TIE RAILWAYS.
MEETING OF THE SUBCOMMITTEE
OF TIE ADVISORY BOARD.
The Southern Pacific Protests Against
the Eastern Roads Controlling
Freight Rates.

NEW YORK, Jan. 9.-'The Sub-C Commit
tee of the Advisory Board of Western
Railroads, met this morning to complete
the bylaws begun yesterday. The full
Board will not meet until tomorrow.
This mornings discussion was upon the
the Pacific reads, and the manner in
which business across country was to be
divided. The subcommittee wanted to
have the distribution OF freight left to
them, and to this there was decided OBJ
lection. The Southern Pacific protested
against any such arrangement, declaring
the road had contracts with connecting
lines which they must carry out, and
would be unable to do so if they left the
distribution of freight with the commit
tee. This state of affairs brought abouta
prolonged discussion in which the South
ern Pacific was firm in adhering to its
position. 1t was said that all the other
members of the committee were firm in
demanding this concession.
NO AGREEMENT IN SIGHT.
| New YORK, Jan. 9.-The Post says
regarding the railway meeting: A
weli-knoWn railroad man who has been
in the meeting, said it looks as if an
agreement was far off, and that a great
deal OF pressure would have to be brought
| to bear upon the Southern Pacific in or
der to bring that road into line with the
| others. He thought that it could be
! brought to see, however, that It was i'm
possible for an exception to be made in
the case of the Southern Pacific, especially
when the other Pacific roads were willing
to submit to the action of the Presidents
! Committee when a division of through
/ business was made. He believed when
the final draft of the agreement was
made and accepted by the Advisory
Board it would be found to control the
! traffic OF Western roads. 1t would be
placed entirely in the hands of the Com
mittee of Presidents Of Roads, such as is
now acting as a Subcommittee to the
| General Advisory Board.
That, the informant of the Post declared
was the principal point of the agreement,
and the one upon which along discussion
was taking place. O ner points of agree
| ment, such as the name af {, association
of railroads, places of meeting, officers,
committees and other details would. he
avcrred, be the subject of little trouble
In any event, the decision reached by the
subcommittee would be made after hear
ing from other members OF the General
| Advisory Board, and when it came before
the full board it would be ratified i'm
mediately.
THE ATCHISoN ROAD.
NEW YORK, Jan. 9.-The authorized
statement is given out this afternoon that
Jay Gould has not obtained control of the
Atchison Railroad by purchase, as re-
ported, but that he and Russell Sage and
their friends hold more Atchison securi-
ties now than ever before.
Another story was current to-day, to
the effect that Gould had obtained large
block of Rock Island stock. This seems
improbable.
One railroad official said ssThe fact ia
that Gould is practically in control of the
great part of the combined railroad sys-
| tenn, but he has obtained that control
simply by engineering and not by pur-
chases of stock. He holds large block
of Northern Pacific, sc, GOO shares Of Union
Pacific, 10000 shares of Atchison, 10000
shares of the Richmond Terminal and is
IN absolute control of the Udion Pacific,
Missouri Pacific, Wabash, ST. Louis,
Arkansas and Texas and Texas Pacific.
He is also in close relations with the
Denver and Rio Grande, Rio Grande
| Western, Southern Pacific, Central Iowa
and Great Northern.
| TICKET COMMISSIONS.
NEW York, Jan. 9.-The Executive
Committee OF the Trunk Line and Cen
trai Traffic Associations to-day consid-
cred the question of commissions on pas
Senger tickets from Chicago to the sea-
| board, and an ironclad agreement ar
ranged Tor to not recognize the payment
| OF commissions. This law will go into
force the first of February, and will be
absolutely enforced.