New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-02-01
A BIG RAILWAY CONQUEST.
BALTIMORE AND oHIo's MAsrERsTRoKE.
CONTROL OF THE PITTsBURG AND WESTERN
SECUEED-AN ALLIANCE WITH SOME
GREAT MANUFACTURERS.

SECUEED-AN ALLIANCE WITH SOME
GREAT MANUFACTURERS
In the striking changes which have occurred
In the railway world during the last few months
the trunk lines have taken little or no part. III
has been thought that each Mad secured us
territory and made the consultations and pur-
chascS necessary for permanent success ana reGu-
lar dividends. Such, no doubt, was the case as
far as the principal trunk lines were concerned
but il is now clear that one of these, the Balti-
moro and Ohio. still needed to make one Important
capture. and this it has now succeeded in doing.
To understand the situation clearly 1t IS only
necessary to glance at the railway map. The line
Of the Baltimore and Ohio from Chicago reaches
Chicago Junction about 200 miles east of Chicago,
whence it divergcs southward toward Wheeling.
continuation in straight line westward from
Chicago Junction TO Akron, distance of only
seventy miles, would enable it to reach the Pitts
burg and Western system.
Parties in its interest have been quietly com
pletlng this link during the last year, and 1t Is
to he opened for traffic in March Another Inc
from the West, which will have important con-
nections 10 ST. Louis is also approaching com-
plctiOn, and this also connects with the Pittsburg
and Western system at Akron The Baltimore
and Ohio therefore owner Of the line from
the scaboard TO Pittsburg and from Chicago
10 Akron. Ohio.
The Pittsburg and Western extending from
FlitSburg To Akron and constituting a funnel
over which all through trains of the Baltimore
and Ohio were compelled to pass, was not theirs.
In addition to this the Pittsburg and Western
line extended 10 the fine harbor of Flirport on
Lake Erie. which gave il control of an enormous
lake tonnage. the shipments for this year from
Fairport having almost reached those Of Clcvc-
land All this now becomes part of the Baltl-
more and Ohio system
The new line from Chicago TO Pttsburg over
the PttShurg and Western is said TO he superior
10 the Pitt,burg. Fort Wayne and Chicago, the
distance being practically the same Upon The
completion of the line from Akron 10 Chicago
Junction. sixty days hence. the Baltimore and
Ohio will be in position TO divide the entire
trlnc between Pittsburg and Chicago with the
Pennsylvania line, ard become in every respect
a competitor upon equal terms for The western
thror.h traffic 10 the srabOard.
There is another factor in this importoht step
which may pass without the notice it deserves.
The control of the PittSburg and Western has
been obtained. not through purchas', bit by cN-
change for Baltimore and Ohio stock of the stoc':
held bv The leading manufacturers of ilt'il ~
i'm the Pittsbur. and Western. who constructed
this road i'm order 10 prevent PittsburS from bein2
miu,tly Disseminated against in the matter oi
frcight rates These parties control the traie
of the district. and their alliance with the lail
more and Ohio rs holders OF It's stock may he
rr.ardcd as equally important rs the throu-.
route itself which has been quietly acquired.
Tie pr.ncipal nrms in Pitsbura. it is said, have
intImatcd tioI they intend to hold their shares
and Go their best TO promote the interests of the
Baltimore and Ohio line The Baltimore and
Ohio upon its part. it is understood, has aarceu
that rates in the PittshHrg district shall rise ahl
fall with those IN other districts. ana that fltt'-
burs shall 10, lc Disseminated against Us me
manufacturers of PttShurg had no dies re 10 'h
aacc in raiway mana cement beyond tlc cAt III
oecos,ry io secure this. they wrrr perfectly will
ior tn surrender control and management OF the
property 10 thc Baltimore aud ono h'heNlHg .Il"' .
i'm 5, doing and in s'rrn-thc Ilng th1t cOrF"r ,'0'
The interest, OF the ely OF rlrshurs would b.
best promoted ., -
ire J., httlc appr,c tel; lis railroad tonnage Is
enormous ana Is siIl 10 exceed TINT "I N''"- ilh
and Philadcphi.. Combined. Dl'l42 IN. oio9c
ycer more than sIN millions "i tons "' Coz 10
,,crr >'iprc4 hv rail from "a" (oHnrIHN ne r.
zion. almost all at which is manuiaciur'd ny ~"
nov, shareholders Of the Baltimore ana ONO, WHO
are also the chief makers ol non ana suTl, en-
hracng "a total tonnage tully equal 10 thHt oi
coke ,tt
The Pit <burg ana western n y" ~ """tt'
tracked in order To meet the DEMANDS OF '''
new tr1f fic which is to crowd upon II, 2t once
The result of these negotiations Is S!iI l." ~
cqrallv satisfactory To both parties, the manu-
facturers of Pitt,bUrg being dclShtcd 10 lhNe> ~
Haltruore and Ohio stock under IT'S present a"'
and conservative management. ~ 60 ".,lo.
..,y.ng that the Baltimore aad ONO H'anaHcA'H,
IS equally pleased with tlc yalulb.c al i'h 81 u
has been able To make. The IA tunr' ana ''liv
Rail.raI Company rrCc yes the fltt 'n"r& 'H!
Western free from all floating debt ana W.ino!,
tL. r,ucuditurc of one dollar in 90 ,h lhd'ell'
is doubtful whether the rlch iltl'burg nanuia
t,fcrs rnuI have been induced 10 sell ther st"ch
Tor cash From the BEGINNING of the negouAiionS
II v,s stimulated that payment ShluId DE H.'" III
stock ol fire Baltimore and ONO company au pr
Thr nov. element which thus enters INTO thS
paitimor. aud ONO Company, ana me iIr2u-h
law, T., Chic,,o soon 10 be- one Of the results how
l,g rrrm il. viii probably exert y commandin1
influence hereafter upon the general rallroau 81
nation of the courtry. Certainly no line IN thc
country can boast of list of sh1fehod'Is -
freiol,f proJuccrs equal 20 tho9, when nave l''
allied Themselves with the baltimore ana ONO
tie through traffic of which. now gong Il 'I-
cuituous route by WY OF wheeling Is NJ ono %
20 lc pnSScd over the PitShur} and western me,
swim nearly 100 miles haulasr. The papers
making thi, mercer OF interests we're slAled III
BALTIMORE Yesterday. Mr.. Oliver, prc'Ideh, ot tne
pittshur, and Western, having conducted the
negotiations there during the laSt few days.