New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-11-18
FREIGHT RATES RESTORED
4 NEW EASTBOuND AGREEMENT.
CHARGES ID BE ADJUSTED so AS TO cECURE
~ EQUITABLE D:vrsIoN OF TRAFFIC.

CHARGES I'd BE ADJUSTED so As 10 -EOONh
~ EQUITABLE DIVISION OF TRAFFIC.
There was a meeting Yesterday OF he JOINT COM
uit'ee 81 the trunk lilies and the Central IIaihc AS
ISOLATION. at which an important lnnoVa'o Oh WIS
adopted In the manaG' ment Of the ea'tDouhd i-h'
rate situation. II was v0tCd 10 Apply 10 eas'pouhu
rate the principle which has prevailed regaron"s
vctbound rates The last four years. CT az Jus
rates rs different lines % n preserve TO each rNI
an equitable share in the total traffic Tho eastl onnd
rate situation has been subject to rcTe ID ''orh'r'
in tie past. owing he cut NJ Of rates by the "e"r
lines whenever business was light, pa u'e WIFI
ccncr lly was followed ly the stronger = as Wtl
universal Generalization las rrcvifeL TIC r "a
lion Of pools under the Interstate commerce IL"
made the control Of rates the more difficult as INC
roads were unable TO appOr;ion traffic und'r ag1eed
percentages and t. relulc the 20 ds which exceeded
their allotment to pay over the exccsS 70 the com
panlos which fc1 lchInd
The agreement reached yesterday gives authority
TO "A board OF three persons to grant such rates u
each line as will divide the tonnage fairly. Inc
board consists Of George r. Blanchard, chairman II
Conml si)ner Of the Central Traffic As'oclaioA com
prisng the roads between Chicago ard Il. Louis ana
the Western tcrmlr 81 the trunk lines; j. F. Goddard
chairman Of the Trunk Line Association. and Aince
F. Walker. Commissioner Il The Western frame ANs)-
citation. which IS now defunct. The new pan docs
not comprehend any specified p2rcnages OF buslh IS
among the different rouds. Put II under maintain d
rates any rad falls below the amount 81 BUSINESS
that II think, IL IS Justly entitled to. after refreseh-
toticns 10 the board OF three commissioners, that
bonrd rnay II II TT, allow lower CT dlfer' nual
rntc to the comrsalnng line that vi adjust the In
equality While avoiding the srmblancc q an ron
clad pool. the railroad managers hope by ne now
agreement TO secure the practical dement's OF pooi
in stable rates and a division Of business in accord
aucc with the relative strength q each road as TO
fast trains. terminal co-v'nen~es, etc.
Most Of 10" Trunk Line presidents were present
n, yesterdays conference. The Central Traffic ASN'
cintian was represented by John Newen OF the LAKE
Shore; Henry u. I,dyard Of the Michigan Central;
g. b. Rc,vo. OF the chicago and Grand Trunk VIII
lam stewart ana y. :. Gray, OF The PeniisylV"ma'
NJ F. ingalls, Of the Cleveland. Cincinnati, chicago
and st. Louis: C. :. Wright Of tfo Baltimore ana
Ohio. AID Prcslint Barnard. Of the Ialtimor" ana
Ohio Southwestern.
To action Of the Trunk Line presidents OF N"dno'
dny in no way establishes a pooT upon wc'ibound
fr,ight as a published story Yesterday Incorrectly
asserted The system % dnrcnial rates on l' class
o. traffic intended 20 secure an equitable Distribution
.. business has been I'm effect since 1-e5. the trunk
I'm. ,..oci,;lon having been rco.ganlzd in ir7'
Tic dforcnal" va, allowed 10 tho Erie, th" west
Shore H.. Delaware, Lackavanna and Western. and
the Lclich Valley and consisted OF ) cents per 100
uo.,ud, on ir,tclass freight. cents on second class
on ihiri. on iyn.ih rnd 'y,I '" n, "n . ana
western rot q dinor"u'ill grading down from cents
On first class frcll e. 1h"rc Ia. been NJ demand or
auv ,,an-, IN tAr-o di.fcroniials Since 49, were
established hut the hoari ~ presidents held the power
"a make aiv change, deemed gdvisi Die. That power
he. now been con crrcl upon Commissioner ''odpHfr
and If ANY award ~ lie should be- questioned IT,,
matter f. 10 hr subject 20 revision ~ him.N ana
Cnni-rl toner Ndarr J. walker actin. Jointly. 20
immediate chang. la the diher'u'.as j. expected 10
," a-n 80 fnr ~ present.
Tho Eastern ana Western rpad, have voted 10
r..,.,r. an rates oas'inund nnl We, hound. "a" ne
rr.rilar tnis --hednle. December !. and =" hold
r,f,. firm hereafter TIA. tariff win b" follows. in
cent, ON tle basis Of 100 pounds between New-
Yoik aad Chicago: