The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-08-10
VlCE-PRESIDBnT ]. C. STUBS.
Huntingt0n'S Assistant Has Some.
thing to Say About Rates.
Hs Declares That There Is No Such Word as
subsidy in the Lexicon OF the Southern
Pacifc-League Of Progress.

Great big black clouds are hanging over
the Iranscontinental Association of Rail-
toaus and unless some arrangement is made
soon that combine will 90 the way most
combines OF the kind have gone before,
that is 1t Will cease to exist. There is 10 be
meeting on August a in New York City,
winch VIII be of great Importance to all who
are interested Ia San Francisco mercantile
aHairs. The association first intended to
meet at Saratoga on August 20. but for rea-
sons known to the manipulators only the
uate ana place have been changed. J. c.
otuDDs, the third vice president of the
southern Pacific Company. is the man who
iS responsible for the call for this meeting
ana Mr.. Stubs will be present when the
roll Is called In New York. He Is going
across the continent to make the effort Of
MS lie and 10 try to convince all the roads
connected with the association that the
southern Pacific Company Is in need of
sympathy and immediate relief.
STUBS TALKS.
Leaning back in his comfortable armchair
IN front OF his desk IL the Fourth and
townsend streets building, Mr.. Stubs was
seen by CALL reporter yesterday. His
CLASSIC features have of late assumed n
more pronounced type, because he q few
weeks ago decided to sacrifice his mustach e
ana he now looks every inch the shrewd
and plotting diplomat he undoubtedly is.
Inc announcement made in the dis
patches that the L ranscUntinental Associa-
ton intends to object to tho continuance of
the payment of an SS50,000 a year subsidy
to the Pacific Natl Steamship Company is
Iaise AMI is without foundation" said Mr.
otnoDs, because the association never SUBJ
sldlZeu the steamship company. and there
lore cannot object 10 what does not exist"
Then with a cynic smile and in a diplo-
matte manner Mr.. Stubs went on to say
mat there is no such word as subsidy" in
the bright lexicon of the Southern Pacific
Company. or in that of the Trancontinental
Association. he admitted that the latter
mad an arrangement" by which 200 tons
OF freight each way, east or west, are guar
anteed to the Pacinc Mail Company. by
Mnlcn arrangement the company has
sure thing on So50000 year.
But there Is no inclination on the South
ern Pacltlc's part to carty out that contract
single-handed, said Mr.. Stubs, ''and as
Ear as know. none of the other COM
panies object to its continuance. If the
meeting in New York decides that the ar
rangement' shall be discontinued, the
Southern Pacific will not bear the burden
singie-handed, but will agree to the with
drawAl."
This is not fight between the Southern
Pacific and the Eastern companies" Mr..
Stuoos continued. siroking the place where
his mustaths used to be, "but a meeting
calied at my request to consider what can
lie zone to defeat tie lowering CT freight
rates by the new clipper ships cha rtered By
J. w. Grace & Co. and BaIfour, Guthrie IL
Co.
RATES LOWERED.
They have lowered rates very much be-
tween New York and San Francisco and
We do not propose to stand by and lose the
trade they are winning. That Is tile reason
have asked for this meeting of the Trans
continental Association. and the Cape Horn
traffic is the ouly subject we will discuss
when the meeting takes place"
Mr.. Stubbs looked wise when he was
asked what remedy he intended to propose.
He intimated that the railroad companies
may be persuaded 10 lower their rates so
that the merchants would cease patroniZing
sea transportation. but he would not commit
himself to any positive statement on that
subject.
There Is one thing l would like to i'm
press on the mind, +" said Mr. Stubs when
the reporter was about to leave him, land
that is that the Southern Pacific Company
Is making constant fight for the good OF
the State OF California
burst of laughter, which may be inter-
preted in various ways, accompanied this
parting statement.
The fourth fruit train with cargo direct
for London, England. left Sacramento last
night.
On Saturday night the largest fruit train
ever dispatched East left Sacramento for
Chicago. 1t contained 90 cars loaded with
pears and peaches. Trains OF 40 or 3J cars
were considered big events until this excep-
tionally big shipment beat the record
John w. Thompson, president OF the ear
ana locomotive shops OF the Chicago and
Northwestern Railroad in Chicago is in the
city, enloyinga vacation and the sights of
the far Western metropolis.
The board of control of the League OF
Progress will meet tomorrow afternoon to
discuss political and local questions of i'm
portance. The league is doing all that can
possibly be expected from young organ
iZatlon, and it will, within a very short time,
be so thoroughly organized throughout the
State that II will be power In the land and
an institution which will do much good in
the right direction.