New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-05
NEW HAVEN OFFERS AN ALLIANCE.
rr.or -. Dre,prD nv pOcrOy Avn NAIVE

A COMMITTEE TO ASCERTAIN WHETHER WAR OR
PEACE Is DESIRED By BOSTON AND MAINE.
The directors Of the New-York. New-llaven ana
Hartford Railroad met yesterday ana declared 'Ae
regular dividend. But more important topic, ana
ono OH which all OF the directors aftcrward MALL
tanned extreme rcticence that OF the future re-
latons between the New-Ilaven system and the Boston
md Maine The railroad situation in the New
England states has reached stage where the New
Haven road feels strong enough to meet any INVASION
OF interests from hey ond Boston. The deal between
the Boston and Maine and the Reading. which was
made prior 10 the receivcrship OF the latter com
pany, threatened TO bring the Boston and Maine
into collision with the NewHaven in the territory con
troed by the last named road. The collapse OF the
Reodlpg has not changed the situation In manner
that assures the Newliaven OF Its freedom from out
side attack. A. \. Mcleod, Readings president ana
now one OF Its receivers. is still president OF 'he
roston and Maine, and II Is said that the New-fork
and New England stock purchased by MI. Mcheod
has been assumed by the Reading receivers. II Is
believed by well-nfCrmcd men that an actual majority
OF the stock OF the New England road Is now In the
treasury OF the Reading, subject to the redemption
OF the Reading securities which Mr.. Mcleod Is SAID
10 have pledged for the security OF the loan upon
which he made his purchase of the control OF New
England.
IL this be demonstrated to be true the friends OF
The New-IIavon company realize that they may still
have their hands d possible contest WIN inc
Reading Boston and Maine alliance. Ii is understood
that the New Haven directors took steps yesterday
TO bring the matter to head. committee was
appointed, with j. fcrpont Morgan as chairman 10
enen negotiations with the Boston and Mana manage
mcnt I'm the hope of restoring Eirrohious iclatiohs
TIE attitude OF the New-Ilayen road to the Boston
and Maine is sti friendly and there Is desire
20 avoid fut,,rr conflicts. II will be the duty Of
the committee TO present this fact to the Boston and
Maine Managers with view to ascrrtaning if cordial
relations can be sustained. The bearing Of the
control of the New York and New England road and
the relations between the Reading and the boston
and Maine upon the question Of the future pohcy
Of tho New Haven road is obvious. II the Boston ana
Maine intends TO back up the plans OF Mr. Mcleod
for the ext lsion Of the Reading Boston and Maine In
nuencc In Massachusetts and Connecticut, the New
Haven road WILL II IS understood grid up Its IONS TOT
q renewed contest. IL, however. the Eoston ana
Name Is not disposed 10 support Mr.. Mcleod 10 the
utmost, and will consent 10 treaty OF peace or any
alliance with the New Haven interests the last named
company viii deal cordially with the Eosion ana
Maine road.
Tho result Of the Work Of the Morgan committee
for the Ncw-lIsven company will be watched with
interest BY students Of railroad affairs In the New
England States. The failure Of the negotiations
that will be foot may lead active renewal
of tho contest between the Newiavcn and the Boston
and Maine. This contest has been somewhat
of nearly every railroad between NcwYcr and Boston
to expect sell Its property for fancy prices to
either one or the other of the two big contending
systems. II harmony can lie established between the
Iioston and Maine and the NewIiaven roads there
may be a change In the railroad situation In New
England which will remove friction and eventually give
the control into the hands OF the TWO companies that
have lately been at !oggerheads ,.. -.
AZ bearing upon this point 1t Is Interesting to noto