The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-05-08
DONE NOTHING
WESTERN LINES PREPARE THEIR
DEFENSE IN ADVANCE.


ant Encounters With the Courts Trouble
Between George Gould and Uncle Rus
sell 10 Denied with Great vehemence-
Promotions of Railway OnHciais-New
Railway Aggregation Schemes.
Chicago, May F.-Representatives OF
the western lines met today to consider
what is the best thing to do in relation
10 the control Of the immigrant traffic.
The attorneys for the roads have all
come to the conclusion that there is no
way in which the immigrant clearing
house can be kept alive and the -aw as
laid down in the supreme court decision
observed. No definite action was taken
at the meeting today, but the charces
ere that The roads will enter INTO tacit
agreement TO remain in effect, although
1t will not be in actual existence. and
there will be no signatures to the agree
inert. Then if thecourt officials get after
the roads, the latter Will be in position
10 say that there is no agreement, and
that the roads are following out their
action of their own free vii. and indie
pendent of any and all other roads.
The lines of the Western Passenger as
ISOLATION and of the Central Passenger
committee have reached an anEcable
agreement regarding the arrangements
for the sale Of Christian Endeavor tick
cts For a time il was thought that the
difference in the form of the tickets tc
be used by the roads for the organiZa-
TORS would result in considerable fric-
ton. The arrangements OF the western
roads, however, have been 50 satisfac>
tory that there is now no chance Of trou-
bic at all. A round trip form of ticket
will be used up to the eastern getaways
Of the western roads. and from there a
one-way ticket will be used.
The competitors Of the Rock Island
have all given notice that they vii NEE.
the action OF that road in making a re-
duced rate from Utah points to Chicago
and the Missouri river for school teach
ers who desire to come east for their sum
mer vacation.
GOULD VERSUS SAGE.
New York, May IA sharp break n
Missouri Pacific railway stock yesterday
to 10. the lowest per cent on record, al
though followed by rally, revived the
gumors In regard to a falling out be-
tween President George Gould and Rus
sell Sage, the two largest holders of stock
and bonds.
The most sensational report was that
Mr.. Sage requested from George Gould
ar accounting for the construction of
certain lines OF the ST. Louis, Iron Noun
tain and Southern railway in Louisiana.
He did not claim there was anything
wrong about the construction Of the
roads, but he was simply after informa-
tor. and he did not see why he should
not bcye 1t, since he IS probably the sec
ond largest stakeholder of the COM
pany.
Another DISPUTE Is said to have been
over the new Manhattan per cent
bonds to refund the per cent bonds Of
the old New York Elevated Railroad
SURG Of the bonds at the time they were
floated because double interest had to be
paid for period of nearly six months.
Another incident that is said to have
added to the GOODNESS between them was
: the reduction of the dividend on Manhat- |
tan stock from TO per cert. Mr. |
Could, IL Is said, wanted to finish the !
year 1896 on s per cent basis and re- |
duce tie dividend in the first quarter of |
1897, while M. Sage favored the reduc. |
ton IN the last quarter of 1896.
DENIED BY WARNER.
ST Louis, May 7.-Mr. C. G. Warner. |
vice pres dent Of the Missouri Pacific. |
made the flowing statement today in re-
gard 10 the story sent out from New
York of rupture betwer Mr.. George ].
Gould and Russell Sage: There Is no
depreciation in the business or actual /
value Of the Missouri Pacific railroad. II !
Is IN first class condition and there is
surprise n sore for the bears. I know
nothing o: any controversy between Mr..
Gould ard Mr.. Sage. That portion of
the story is not in evidence here. There
may be difference of opinion between
Mr.. Gould ard Mr.. Sage, but have no
knowledge of the alleged rupture. IN
ehort, there is no trouble at this end OF
the Inc and We expect this year 70 do
larger amount Of business than ever be-
FORE
AND BY SAGE HIMSELF.
New York. May Russell Sage today
characterized as utterly false the state
ment that he and George Gould have had
falling out over the Missouri Pacific
construction account. and in regard to
the maTag -nent Of other properties in
which he and Mr.. Gould have been JOINT
1y interested. Mr.. Sage said fur.,er that
he had ro- demanded any accounting or
Statement as to the bonds mo5tIoned;
that thee vas TO thought of receiver
for the Missouri Pacific, and that ire re-
port was simply circulated by the bears
for market purposes. George Goa,d Is
out of the city and will not return unt;,
Monday. Edw n Gould. however, endors-
ed the denial by Mr.. Sage.
A PENNSYLVANIA DENIAL.
New York. May 7.-President Frank
I Thompson of the Pennsylvania Railroad
company has denied over his own signa-
ture that there is any foundation for the
report that the Pennsylvania railroad is
81 any way concerned in the sui, brought;
IN the rame Of McRae sgainst the North
ern Pacific in the United States circuit
court a; Tacoma.
MR.. MARPOLE PROMOTED.
Van Couver. B. c.. May r. Marpole
who has for many years filed the posi-
zion Of Pacific division superintendent OF
the Canadian Pacific railway. has been
appointed general superintendent. in sue
cession 10 II. Abbott. resigned. |,
.SCHRIvER GOES HIGHER. Il
Baltimore. Nd. May General j. VI.
echriver. assistant general passenger