Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-04-01
RAILROAD TROUBLES.
No sign Of Rate Cutting as a Re-
suit of The Resent Decision.
SALVATION IN A POOLING LAW.
A yIgorou. Campaign 10. Favor Of the
Measure New Before Con.
grtss.

New YORK, April 1.-The Tribune
this morning says there Is no sign OF
nm outbreak OF rate cutting amo ng the
railroads as reeult Of the United
States Supreme Court deoisioni in tue
Transmissouri freight asso citation case.
@. ID. Simone, general eastern agent OF
the Atchison, Topeka and Santa Fe,
said last night:
81 have been trying today to lind
ont II rate cutting has been done IN
the East or West, and have fai led ab.
solutely to locate a singio instance.
have received exp Holt instructions not
to dsviate from the published tarln
rate. no matter what our com petitOrs
may do. 1t Ia my opinion that, not
outstanding the dissolution OF the
associa tions, rates will be maintained,
but II they are reduced 1t Will not be
secretly but by an open tariff. The
best test OF tue maintenance VI rates
IL that We are getting business today
at full tariff rates that we would not
obtain II shippers seq any ohancs oil
rate Decentralization"
VIM. IL. CLARK, general eastern
freight agent OF the Missouri Pacific,
makes 1t illegal Tor the roads TO asso-
ciate for the purpose OF maintaining
rates, which 10 construed to mean In
restraint OF traffic. Therefore, with.
draw pi from sucn association, IL would
be lust as Illegal for them to enter into
my decentralization of rates, because
that would mean to make any rate
necessary under the circumstances
regardless OF the published tariffs. The
railroad companies nli realize that 10
enter into rate war at the present
time without the restraining influence
of u proper association TO help tnem ~
recover their normal condition would
mean dire disaster, not only to the
revenues but to the perso nnel OF the
lines. Therefore, there is not the
slightest prospect OF any rate demorali'
cation at present."
Representatives OF the Chicago,
Milwaukee aud st. Paul aud the
Burlington road said they had instruc'
lions from headquarters to maihtain
rates.
IN FAVOR OF A POOLING LAW.
\ NEW YORK, April 1.-The Times
this morning says; - i. =, u a. -
Although the eastern tr1nk lines
and their western connections will
continue TO operate under the joint
IT, ffic agreement until compelled 10
cease from 30 doing by an ADVERSE 10.
cisiun OF the United s Rtes Supreme
Court, the railroad Deu almost with
nut exception, are preparing for q
vigorous campaign iu favor or the
passage OF a pooling law by Congress
CBnurcey Dspew, chairman OF the
Joint traffic board OF control, says that
IA. lea lI
soIution OF the exiting railroad
troubles. The bill introduced by Sen
ator Foraker, he remarked, was de
sigpeu TO enable Tsilroad managers tt
make satisfactory agreements AM
keen out OF Jail. One result OF The
recent conference 0G railway lawyer
wgs to- emphasize the unGnimiIy o
sentiment IN favor Of Legislation thu
Will legalizs pooling. The PRESIDENT
of come of the trunk lines frankly
avow their willingness to have thu
Joint traffic association declared illegs
by the Supreme Court, because thel
believe that the conditions thus pre-
cipitated would force Congress 10 pas
remedial measures without delay. Tn
Foraker pooling bill IL satisfactory t,
most OF oil the railroad men, aud th'
members OF the interstate commerce
commission as well.
The bill practically nullifies tn
nnti.trnffio contract clause OF tn
Sherman antitrust law and gives tn
railroad companies the privilege c
making such traffic contracts unde
the supervision OF the Interstate CON
merce commission. Eastern railros
men believe that the legalizution {
railway pooling would have bette
effect on the general eituati0n than
Supreme court decision in favor OF Tn
Joint Traffic association. Even In
assurance VI the legality OF the lai
named association would mot help tl
Western roads, for the reason that ID
first Supreme court decision kille
their principal traffic agreement.
j, +. Goddard, chief arbitrator OF u
Joint Traffic association, was uske
last night his opinion as to the effect
the paeeage OF The Foraker pooling bill
He said:
az think the measure lie timely au
in the direction Of the preservation
conservative business ON the part
railroads. The public is largely Il
tsIested in this matter, net only
investors In securities, but in proven
Ing q general disruption OF commerci
conditions"
COm lbtlOutE otUs ~ D'nhS"n'
esid:
81 think that the Foraker bill shou
be supported by the public % well
by the railroads, Tor the reason IN
under Its provisions all shippers al
put upon an equality. When rat
have been made on REASONABLE sian
ard, regard II aB much the uu1y
the government TO protect shippe
and railroads Jointly by rtquirii
uniform observance OF rates anu iat
us 1t is to enforce the government
import and internal revenue tTafllc
J. ID. Laying, vice president hl
general manager Of tho West sue
ana vice president OF the Big Fo
saidi "If the interstate commeF
commission approves OF pooling co
tracts and has the power TO termln'
them when they oppress the public,
would seem TO me wise thing TO ~
law looking IN that direction"
Henry Fink, president OF the n
folk and Western, said that pool
law was absolutely necessary 10
country in ORDER that the iD;ersti
commerce law can be carried out.
A. Walker, chairman OF tho board
uiTectcrs OF the A,chisOp, Topeka q
santa Fe lr0aU, and formerly en-
arbitrator vi he trunk lines, said:
"Ibis bill watch ID designed