New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-01-11
NEW WESTERN CONTRACT
ACTION OF THE RAILROAD ADVISORY
BOARD.
uxy BASIS OF THE ASSOCIATION AGREED UPON
OTHER IMPORTANT QUESTIONS TO BE CON-
AUTHORIZATIONS OF THE FINANCE

orHER IMPORTANT QUESTIONS TO BE CON
s,pxRED-pLEOTIoN OF THE FINANCE
COMMITTEE.
The committee Of presidents of the Western
roiIroads yesterday submitted the form OF agree
,ncnt which had been drafted for the new west
o,n Traffic Association to the Advisory Board
The committee held only brief session In the
.orrinr at the Windsor Hotel and then the
board assembled. After further discussion the
arreement was adopted and it will be found In
IN below. The board elected Roswell Miller.
president of the Chicago, MiNs.ukee and st. Paul.
.rosident of the new association and chose the
fonovinr Finance Committee: Presidents Marvin
uuobtt. of the Chicago and Northwestern Jay
crId of the Missouri Pacific: Thomas r. OakcS,
80 rho Northern Pacific: X. X. Cable. of the Chl-
oco Rock Island and Pacific, and Allen Marvel,
~ the Atchison, Topeka and Santa Re. There was
mn selection of the commissioners proVlded uhuer
the agreement, but it is considered certain tha'
,bree present commissioners of the existing asso-
ciations-J. W. Midglcy. of the Western; j. y.
raithorn. of the Southwestern Railway ana Steanl-
chin. and w W. Finley, of the Western Passenger
Association-wil he made officers under the neY
oortract The other commissioners are not vet
determined upon. and il is not sure that a place
will he provided for Aldace F. Walker, who is the
commissioner VI NlO W."
way Association
That is one of the points that will he decided
.. the meeting of the Advisory Board tomorrow.
While the basis of the new agreement is accepted,
there are several interesting points which WILL
ho treated with hope of settlement before
.d;ournment The question of abollshing last
ern agencies is to be decided. and 1t does hoo
look as if it could be settled for the present
The agreement already takes from these aSehc"s
the rate-maxing powers that they have heIeto-
fore cnioyed and that is believed by many OF ue
roads TO he sufficient an extraction OF the eNii
of the system. The defenders or the ou'siuo
AGENCIES point out that they are Valuaple auIuHc'"
IN the roads in the way of advertising, III selAe-
mont of damage claims, and in general cohduci
of business which need not affect the question
Of rates The agreement makes SIN months 'he
minimum of It's life. but there is no absolute GER
,aintv that this may not become The maNlihu"
limit 1t would be unfortunate II, AFTER as
nonsinr with its established agencies that ell
nouroco business. a road should discover that
within a year il was necessary 1or IL 10 H'oU
,o,y controversies that might render the new
agreement abortive. Another important 3"V>''"'
witch demands the further consideration of the
advisory Board is the division of competitive
business The discussions on this point have
carving capacity of each line. and II Is dououu'
20 .t orestion can be settled at the present con-
ference. .,,o
T7,oro ,vas ono imnortant point gained by the
.rodical reformers" at the meeting in the maj
orocranb Of Article VIII of the new contract
rbsre was a strong effort made TO pcrpetuate inc
evil of tho existing Western associations III per
uniting dissatisfied road TO carry OUT It's pi"iS
after thirty days notice, even when arDl'rauoii
had been concluded. The new agreement eNUehu'
that limit TO ninety days, period which II i
believed is sufficiently long 10 prevent any Nasty
- ;riudicious action by a complaining road. Ihee
4 come regret that any such latitud els allowed
on the ground that virtually itpresents the optoi
+unitv for ending the life of the association Will
In three months after the first haliyear ao'olu'e
fixed in the agreement has expired. But eNcePU
inc mis- point railroad men regard the agreement
os ono of the strongest and most practlcaoe
drawn up III years
Whereas at a meeting IN the city OF New IotH Oh
.bo Kin Of December 1890, between the president
snd other executive officers Of the following haeu
sOd f%oTthwestern Chicago Burlington aud ounce
chicago Milwaukee and ST. Paul, chicago hoeh I9i'"d
ana rson CcnysI low; CentEsI Missouri Pacific
Northern Pacific Rio Grande Western southern fdcluc
I-nion Pacific and Wabash. II was Unanimously
Resolved, That the presidents here aSsenpiGG a3gt
70 recommend 10 their respective Doa!us u
tne II is to the benefit OF the public and Of the
railway companies whose lines are situHeu We, :"
fbicaro and 81 LOuis that They should couptraF
closely with each other in the management Vi lne.'
properties the purpose OF securing UNIFORM t
EhIa and stable rates for transportation ana stII
Economics in the operation Of t1eT proieft, TOT te
better accommodation OF the pubic a, VIII i11o,
e0nitble returns upon the capital invested thefeoit
he ~ iyso TIt new association shall be formed be
,ueen the several oompane, whose lines are situated
W.. 80 Cbir, 20 and st. Louis or such Of them "a may
now become or may hereafter be admitted a. members
Vcnd-That the affairs of this association shall be
under the management and direction Of an io,
hoard 10 consist Of the president ana ono "Ic'hoo'
of Inc board of directors OF cach company. 49,, H.,
Third-That the Advisory board so consuteo siiaL
have pOge- 10 establish and MAINTAIN UNIFORM ial.
ts,uean romu.t!v,. points and 10 decide all questions
of common interest between the members VI w. @,U
tiaton II shall also have entire charge tbIOueh prop
srIv Constituted representatives Of all outside asoHIe
fof the securing OF traffic at competitive points ~
sihnJize or nroui,e directly indirectly any vaI1a
ton from established tariffs, he SHAH De olSchdIto"
ron nn,@-TIikat he rate established and the policy
sd4nted BY the Advisory BOARD at any time shan con-
snue i'm force and be binding upon all companies coi
trisDc the association until altered by subsequent
Acon OF f1o Tote Of AT least four fths Of the mem
her, of the association shall be required 10 make 's
lction binding upon all -, .xo,,. ,,ronc,
Sjxth-That the Advisory Board shan appoint P,oPo'
.,i.tr,fn,, commissioners and other representatives.
AID adopt bylaws to carry cut the purposes Oh u'e
sycntl-That no company shall withdraw from the
association except after ninety days written noucc Dy
o
,er nf The association with the prOvisO however
49, the association shall continue for al least SIX
,ncnths from January !, 1891 800 . -
'Ficfti-That under existing conditions II Is e1
nedrt for thls company 10 set in operation the pQcv
rd Man indicated in the foregoing early as practca
BILE , r,,..o.u. - o,.r cornanv
-. - 4his association, may I'll vacancy
,bib NAV be caused by disability absence or re'gna-
tion ~ either Of its members. such action 10 DC
Nroncriv certified 10 the Advisory Board under seal
Oh T t% roRa' the president and Mr. one
-. .h d;ractnrs ~ this company be, and are hereby
enpoIntcd 10 he the representatives OF tins COMPANY
~ sch Advisory Board. with full power TO act iOI
En- rnrnany in carrying the foregoing preamble ana
resolution into full effect an6 ,eo ,orroa r.tieea
nv The rspectve Boad Of Directors OF the companies