Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1897-06-02
JOINT vaArrIo AsxoCIATIoN.
tue Threatened Dissolution Pre-.
vented.

Ntnteu.
New YORK, June 2.-Ths Herald
says lousy: The joint tr. FIG associA-
ton through committee ouhsisting OF
PiesideDi lbomIs on OF the Penney.
vania and President Depew OF Inc
New York Central road. has succeed, d
IN bringing sufficient pressure TO bea +
on the b. and y. railroad 10 stop the
cutting OF freight rates anu prevent
the threatened dissolution OF the asso.
cation. The committee held a con-
ference with Receivers Oscar q.
Murray aDdJ. *. Gowep Of the b. q
o. company ut the .fiices OF the joint
traffic association IN this city last
nigu,. They were authorized to use
any power that was necessary IN order
to adjust the situation. The b. d. U.
was the aggroseUr In cutting rstes, bat
as tho receivers were not q party o tine
association agreement, II was difficult
TO reach them both because a company
In the banus Of court Is not supposed
to be party toa pooling arrangement,
ana because The Supreme Court de
cision holding that all traffic agree
ments similar 20 the Transmissourl
association are Illegal.
Ever since the 1t ceiverehip the b.
~ os lAtihio uhNo .bccu hCbtNe III st =
curing as large tonnage as possib To-,
regardless oil the percentage to which
the company is entitled under the
pooling arrangement. Its allotted
share Of westbound freight is IA per
cent and the actual tonnage carried by
1t during the last three months 10 saiu
to have averaged nearly twice tina:
amount, the loss falling chiefly on the
II ria a MT pa. n xyl u mi n rail ~.
receivers made the excuse that they
were not mem bers OF the assooiation
and they could not be held to the
agreement TINT bound the former
management OF the company. The
discomfort among the trunk lines be.
came 30 great at the alleged unfair
advantage taken by the b. q. o. be-
because Of it's being In the hauus Of the
court that 1, resulted finally Gin do.
mand being maze by certain OF the
other companies that there be read.
justmsnt OF the tonnage or rates 81
that the companies falling behind
would have q chance to make up their
losses.
Still others suggested q settlement in
money as the only way in which the
competitors of the b. and o. would
ever be able to even up percentages.
But this, Of course, the oIurts would
not sanction anu the tuggestion was
dropped. What other Influences were
brought TO bear which caused the re.
ceivers to agree W CONFORM to the ex-
listing rates without being members OF
the association have not become
known. The result was q surprise to
everybody. Several other companies
charged with cutting rates had stated
at a recent meeting that II the b. and
.. would restore rates they would du
the same.
The Generalization will therefore
end at once.
The tonnage remains to be- adjusted
according 10 the. amount formerly
allotted under the pool. The Is. and o.
claims that 1t has shown It's ability TO
get more business when its equlpmsnt
Is in proper condition anu the receiv'
era made bid for u larger share. lhis,
however, the Committee appointed to
zeal with the receivers had no power
TO grant. The matter will probably go
before the aroitrators.