New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-07-23
c.. B.. AND @. WILL WITHDRAW
THREE MONTHS NOTICE GIVEN.
WHAT RAILROAD MEN SAY HERE-No DEMoRAbl'

WHAT RAILROAD MEN SAY HERE-NO DtMohhbA'
z,Troy NECESSARILY TO FOLLOW
Adv,cas from Boston yesterday confirmed the rn'nor
that the directors Of the Chicago Burlington ana quincy
had voted 10 give the require notice OF ninety uH9'
N withdraw from the Western Traffic Assoclauoh'
Tho official Information was not received here by com
nantes in the association. but the fact was accepted
The following given out by news-agency as
summary of the resolutions OF the Burlington board
"They are substantially that the Advisory Boan
has failed 10 give effect to the fifth section OF the
constitution and on Burngtons raising question
in regard 10 1t they consider an adjournment In con-
seouencc for so long period rs three months prac
teal refusal 10 consider the question. The further
statement * made that the Burlington directors are
alive 10 the necessity OF associate action and are
willing TO participate In such action but are not willing
IN surrender the control OF the property 20 board OF
traffic commissioners. Such associate action Is only
possb,e under such form Of definite agreements which,
whom made shall be adhered to In every particular
Burlington directors do not wish to be understood ms
deInc 10 change their relations to other freight ana
nassenrer associations OF which Burlington Is mem
her hut on the contrary, they expect 10 act as here
torore thus holding the same relation to the western
Tr,nic Association which has been and now Is held
nv Chicago and Alton Fort Scott and Memphis and
other important companies"
wou street has not been unprepared for this actlon
since the failure OF the meeting OF the Advisory BOARD
on July To- and Tho stock market was Darely ahc''"
pnrceptibly Railroad not agreed rs TO the
consequence ~ the Burlingon's step. and hopes are
not exngushed that the association may be- preserved
hr fu.ure NEGOTIATIONS. George c. MagOun. chairman
NJ the hoard Of directors OF the Mchion, TOPEKA ana
Santa Fe said " II Is difficult 10 say now what VIII pe
tho resuit The Burlington Is still member OF the
association and will be until October 81. the next
meeting Of the Advisory Board Is fixed Tor OCTOBER H.
and no one can say what will take place at the meet
LI,fr hat Thor
TO follow the example Of tho Burlington. As TO the
posit,, Of that company with regard TO the ouriiihs
voting rule. I, is entirely ccrreot'
Another member OF the Advisory Board said " What
the consequences Of the BurngOn's action VIII be IS
a question hat only the future VIII decide. II uhe
company Is simply manoeuvring for n Detter po'iu"l
in any new agreement that may be formed, that Will
not BE- learned until the meeting. II on the contrary
the road intends To break mp the association, We snail
have IN wait until evidence Is furnished by demoraiza
lion I'm rates 1t does not necessarily follow that inc
association will be dl7organized 1t IS possible t"a'
the other roads will stand together and act a. unit
arainst the Quincy. President Perkins. however can
not obscure the real Issue. He might have carried MS
poInt A. 10 the rules OF the association or he might
have obtained a Modification or an understanding thAt
agreed with nj. position. But he rejected the III
ternretattr duly given 10 the agreement and NJ the
last meeting Of the Advisory Board refused to atend
unless hs Interpretation accepted without deD''e
Tho road, about whlca some doubt IS expressed rs
+, whcthe, they will follow the precedent set by pe
burlington are the Rock Island the Mchis0n ana uhe
Gould roads Judging from Mr. Maeoun's remarks
Yesterday II does not probable that the AhhSh
Will leave IN, association. TIE Rock ISLANDS attitude
f. I'm Doubt and tho director who VIII determine IL
ara In the Wcs;. The absence Of Jay Goud III me
West also makes II impossible at present l" forecast
tho confso Of the Missouri Pacific or the Union racine
W..tcr rates will be closely watched TO furnish tn'
indication ~ whether the Burngtons action VIII prove
demorlying TO the railroad situation. ,,,
4 director 81 o." Burlington was quoted Is u'lhI,s
corselvauvely A. lows This doe. not ntc'SarlIS
mean any disruption In rates or In Western n'ityan
business ", are 0f course. bound FOR the next tnIte
months by all the rules OF the present hss9Claton
/ think II NAV bc tina. after the Chicago. bnrlns
bon and Quincy l. ont ~ IN" Association II VIII ~
able 10 81 more ~ the business which brlog' 10 H.