Freeland tribune. (Freeland, Pa.) 1888-1921, 1893-11-13
ANOTHER GREAT DEAL.
VALLEY ALLIED WITH THE
NEW HAVEN RAILROAD.

The Vanderbilts Make "A Bold Stroke
Mcleod Outwitted and His Plans Are
| Again Frustrated.
From Saturdays Philadelphia Record
Another step in the direction of the
control of all the anthracite coal rail-
roads of the country by the Vanderblts
was taken yesterday, when it was an
nounced that the New York, New
Haven and Hartford road, one of their
lines, which is in almost undisputed pos
session of the Southern New England
territory, had made a close traffic con-
tract with the Lehigh Valley Railroad
by which it will handle all 1.-The coal of
the latter company destined for New
England points. The transfer will be
made at Jersey City, where the Lehigh
Valley coal cars will be placed on the
barges of the New Haven road and car
ried around New York to Harlem, and
there run on to the tracks of the other
line.
Lehigh Valley would profit greatly have
been in circulation ever since the bold
stroke by which the Vanderbits secured
control of the Delaware, Lackawanna
and Western Railroad, and yesterdays
announcement of the new arrangement
by President Wilbur and General Traffic
Manager John Taylor confirmed the sus-
picion that the Lehigh Valley would
soon follow the course of the Lacka
wanna.
OF the distinctly anthracite roads, the
Reading the Jersey Central, the Lehigh
Valley, the Delaware, Lackawanna and
Western, the Delaware and Hudson,
and the New York, Susquehanna and
Western, the Vanderbilts are known to
have a firm grip on all but the first and
the last. 1t is quite possible, indeed,
that they control the Reading, since
large amount of its stock has gone to
New York during the past year, and if
the Nanderbilts want the New York,
Susquehanna and Western line they can
doubtless secure it at any time.
OF the other roads in which the an
thracite business is an important factor,
the Pennsylvania, the Erie and the New
York, Ontario and Western, the Wander.
bilts are supposed to have large interest
in the two last, leaving the Pennsylvania
the only large road over which they can
exert no influence.
By its new alliance with the New
York, New Haven and Hartford Rail-
road, the Lehigh Valley secures an en-
trance for its coal into many important
manufacturing cities and towns which
dot the former company's lines. An
other interesting phase of the deal, and
one which doubtless had much to do in
bringing it about, is that it effectually
blocks President Mcleod, who has been
seeking to make deal with the Lehigh |
Valley, in order to get the haul of its
coal over his road, the New York and
New England.
This scheme is now neatly nipped in
the bud, and the New England road is
more thoroughly bottled up than ever.
Taken in connection with the curtail-
ment of the New York and New Eng
lands Boston passenger service by the
New Haven road, the deal shows de-
termination to head President Mcleod
off in his plans at every point.
1t is understood that by terms of the
new deal the Lehigh Valley, in return
for its coal, is to receive from the New
Haven road large amount of its through
freight destined for Western points.
This has been mostly going to the Penn
slyvania Railroad, heretofore, and a
change may lead to some friction between
the two companies. With the powerful
protection of the Vanderbilts, it is
believed that the Lehigh Valley will be
able to take care of itself, however, and
that it will soon be restored to the con-
diton of prosperity it enjoyed until its
extensions and ENHANCEMENT with the
Reading crippled its finances.
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