The morning call., 1891-03-30
AN IMPORTANT DEAL
The Canadian Pacific Reaches
New York.
President Van KOTne'S Advancement With
the New York Central.
Chauncey NJ. DeBeW'S Views on the SItua-
tlOn-A Ship Ashore OF Cape
HatteraS.
Special to THE MORNING CALL.

NEW YORK, March 29-The Canadian
Pacific is now a full fedged trunk line out
OF New York City. Railroad men have
ong been watching the maneuvers of
President Van Horne, wondering whether
he would build rival line from across the
border, or buy or lease one of the established
trunk lines. Van Horne. who is regarded
as a clever railroad man. has been on the
war-path for several years. but he has the
faculty for covering up his tracks For this
reason few railroad people knew what he
was really after. lie neither built nor
bought nor leased. but by a series of skilIful
moves he got what he wanted from the COM
pany that has the best terminal hereabouts.
Van Horne, Chauncey NJ. Depew and
Walter S. Webb completed a deal yesterday
by which the New York Central lets the
Canadian Pacific bring its freight and pas
senger trains in over the West Shore AID
Genital with as good facilities as the New
York, New Haven and Hartford Railroad
gets. The Canadian Pacific will come down
from Brockville over a new bridge, which is
to be built at that point by way of Rome,
Watertown and OSdenSburg TO Utica. No
Canadian Pacific trains will come over the
Vanderbilt lines by way of Buffalo or Sus-
pension Bridge at present, although this
may follow if the Canadian Pacific COM
pletes its liue either to Buffalo or the bridge.
After the main points of the agreement had
been reached at the Grand Central Station,
Van Horne declared the war at an end, and
returned to Montreal on the night train.
The details Of the agreement will be worked
out by the traffic officers Of the two COM
panies, and it will go into effect immedi-
ately
President Depew said that it would be a
good thing for both companies. The ar
rangement would give the Vanderblts a
trauscontinental line from Nova Scotia to
Vancouver, and the foreign road would
bring a great amount Of business to the
metropolis.
Along $50 miles of the Canadian Pacific,'
said Dppew. ''trainS are never out OF sight
Of a saW-mil The Central will get from
the north products which go another way
at present Prorating arrangements will
enable the Central 20 reach any point in the
British possessions at the lowest practicable
rate, and New York merchants will get the
benefit OF correSpOndlngly low ra!e.
Freight will go through in both directions
withoat breaking bulk, and fast through
trains will be feature. The Canadian Pacific
will run its own trains into Wethawken,
where the West Shore has TWO ana half
miles of water frontage. The Canadian
Pacific now enters uianY of the great COM
mercial cities of the United States by
It'd .ads @i praetdy VIZ vdfs 8etHn n a hd ge
meDt OF that road, 1t gets an entrance into
Boston and strong hold on all New ELL
gland. Wabash lets it into Chicago, and by
means of the 500 and Duluth, South
Shore and Atlantic, it taps Dulath, Mime
apOlS and ST. Paul, while arrangements
with ether roads let it into Sioux City TO
connect with transcon tinentat roads. II is
not amenable to the interstate commerce
law, and Whenever during the past year or
two there have been rate Disturbances at the
junction points named the Canadian Pa
cIfc has not often escaped suspicion"
Depew did not say what would be tie
effect of he Canadian Pacific getting foot
hold in New York, or how the New York
Central would he regarded for forming an
alliance with a foreign line. The new al!i-
ance is not Likely 10 improve the rate sltua-
lion III trunk-line territory, and the chances
are that the disturbances at Boston, Chi
cago and 81. Paul Will be repeated. New
I 0rk will give Il ample terminal facilities.
Freight intended for New YORK City will
come in over tie tracks of the New ork
Central, and as for passenger service the
Canadian Pacific may have its own trains II
1t likes, but probably 81 thrOugh-car service.
like that in connection with the Lake Shore
road, will suffice The history OF Van
HOrne'S efforts to get into New York is in
teresting. One of his bOlde>t schemes was
shOwn in an offer to Jay Gould for tie Sec
ond-avenue Elevated Railroad line