St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-08-31
President Hills Latest Move
Rather Expected by Chi
cago Railroad Men.
Opinion Expressed That He
Was Due to Make Some
Such Move.
1t Is Admitted That Hill Had
Good Excuses for With
=
drawing.
Burlington July Statements
Show Quite a Decrease in j;
Net Earnings.

CHICAGO, Aug. 80. - Nobody here
seems to be greatly surprised at the
action of President Hill, of the Great
Northern. in giving notice of the with
drawal of his road from the tranSconti-
mental association. In fact, the opinion
generally expressed is that President
Hill was due to make some such move
as this. The only cause for surprise is
that he has not withdrawn from the
Western Traffic association; but some
of the enyious competitors of the Great
Northern explain this on the theory that
Hill is too shrewd man to smash a
combination that gives him decided
advantage over the roads that are con-
scientously observing all the provisions
Of the agreement.
At the same time it is admitted tina
the Great Northern had good eXcnse
for Withdrawing from the Transconti-
mental association. That excuse was
furnished by the GuarrelS over the Pa
ciiic Mail subsidy, the decentralization of
east-bOund tranScontinental rates, and
the dlctatOrial position assumed at all
times by the Southern Pacific in the
matter of regulating rates in and ont of
San Francisco.
But while this state of affaias served
as an excuse, it is believed that Presi-
dent Hill had another reason for
withdrawing from the association.
He is constructing a new line
to the Pacific coast, and the
present indications are that he will soon
have it completed TO Portland, Seattle
and other Important SeapOrtS. To adj
vertise the extension and build up the
interior towns Oh the new line he must
be free TO make such rates as may
appear advisable without consultation
with his competitors. Consequently he
puts aside the agreement and. declares
that the through rates established by
the association are an unjust, if not an
unlawful, discrimination against in
terror towns and industries which he is
interested in building up. This may be
all injustice to President Hill, but is the
view taken of his action by a number OF
Chicago railroad officials.
On the Eve OF dissolution. =.
Several of the representatives of the
Transcontinental association were il
Chicago today, and talked freely of its
affairs OH condition that their names
| should net be used. 1t appears very
probable that the Pacific Mail steamship
SuUSlUy viii ue UiSCOuLiilutu dilet
Dec. 10. Under no circumstances will
| it be paid after Jan. l. Chairman
| ViEing was ordered to give notice of its
discoHtinuance after Oct. /. 1t was re-
| ported from New York that this matter
had been postponed as well as the South
ern Pacific's application for reduced
| rates west bound on wine. bOraX, beans
and brandy. These rates were
voted down unanimously. The South
| ern Pacific gave notice that il
the Western traffic commissioners re
fused the rates. they would put then
in under the ninety days notice clause
The Canadian Pacific is after the import
| business OF the Southern Pacific, ant
! proposes to reduce rates to get if. 4
consequently announced that on Sept
| TO- unless the Southern Pacific advanced
all proportionate rates To tariff, it would
openly make the rates tic same as The
Southern Pacific proportlonate rates
This was the bomb Of the meeting. I'm
less the unexpected happens tie rates
will be reduced, the notice given, and or
Dee. 10 the Pacific Mail subsidy will ht
thing of the past. According 10 Mi
Stubbs this will destroy the association