The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-01-11
The Railroad Presidents.

NEW YORK, Jan. 10.-The conference of
railroad presidents was resumed this morn
Ing. The reports OF the general and sub
committee were presented.
At 3 O'CLOCK this afternoon the meeting
adjourned till Monday morning. Chair
man Miller announced the advisory board
mas decided upon an agreement and elected
ofncers for one year, as follows: President,
Roswell Miller; finance committee-Messrs
Hughitt, Gould, Cable, Cakes, and Manrel.
AT Mondays meeting five commissioners,
who will comprise the arbitration board,
VIII be selected. Everything done at the
meeting was unanimous, Miller said.
The business to be covered shall be all
state and interstate traffic, both freight
and passenger, which is competitive be-
tween any two or more members of the
association having its origin or destination
In Illinois, Minnesota, Wisconsin and the
peninsular of Michigan or any state or ter
rltory west of the Mississippi river, except
business passing between points north of
the Ohio river and points south thereof,
both of which are east of the Mississippi
river. Business to or from the republic of
Mexico via the Rio Grande crossing, shall
be included, provided that business to and
from trans-Pacific points is included, the
association having control of the routing
the same as east of the Missouri river.
The agreement, which is quite lengthy,
begins by rehearsing the preliminary
agreement adopted at the December meet
ing. A statement is made that those reso-
lutlons have been formally ratified by the
respective boards of directors of the COM
panies represented, and in order to carry
out the design and fundamental principles
of the agreement the following bylaws are
agreed to. These bylaws provide in sub
stance:
10 no of flno ,iofia ehnI 1aa ha
Western Traffic association. The Office of
the commissioners shall be in Chicago.
The affairs of the association are to be
under the management of an advisory
board composed of the president and one
member Of the board of directors of each
company. The board shall have power to
establish and maintain uniform rates be-
tween competing points and decide all
questions of common interests between the
members. 1t shall also have charge,
through properly constituted representa-
tives, of all outside agencies for the secur
ing of traffic at competitive points. The
rates established and the policy adopted by
the board shall continue in force and be
binding upon all the companies until altered
by subsequent action of the board. The
vote Of at least four fifths of the members
shall be necessary to make action binding
upon all. No company shall withdraw
| lIOi1 GuO dlGGt ulueIy
days written notice by resolution of the
board
The advisory board shall meet quarterly
in January and July in New York and in
April and October in Chicago
In order to meet competition of lines out
side of the association, the commissioners
shall, on the application of any member
make such immediate temporary changes
in rates, divisions, rules and regulations
affecting one or more of the interested lines
as the commissioners may deem necessary
or expedient, first notifying all interested
parties, and they shall at once convene the
rate committee of the Interested lines fol
further consideration and action in the
matter