The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-11-26
BUTTE NEWS.
II RAILROAD CIRCLES
Forfeiture Of the Northern Pa
clio Land Grant.
An EFFORT TO Be MADE
A Bin to That md WIN - introduced
In the Next Congrss-Di6srsn-
tt tal Esrs Abolishsd IN
= the sa...

An effort II to be made In the next
congress to procure . forfeiture OF the
Northern Pacific land grant. according
70 the following from the Philadelphia
Inquirer:
"A bill has been drawn up In this
city and will be presented to congress
his winter asking for a forfeiture OF
the land grant given to the Northern
Pacific. Railroad company, to aid in
building the road. The ground upon
that in the late reorganization of the
company h lands and other assets
have been diverted from their original
uses for the beneft OF the Northern
Pacific Railway company. 1t Is claimed
that this latter company il an illegally
constituted corporation. organised ! n
violation OF the rights of stockholders
o. the Northern Pacific Railroad COM
pany by a self-constituted committee.
1t win also be charged that the trustees
OF the railway company have pur-
chased and sold the stock of the rail-
road company for profit. while acting
AZ trustees. The bill Is now being per-
fected by counsel"
BY and with the consent of the strong
lines between Chicago and New York
diferential fares were abolished on
through business yesterday. Their
abolition on straight business between
Chicago and New York is now consid-
cred only a matter of a few days. says
the Times-Herald.
The Southern Pacific, Great North
ern, Southern California and Oregon
Railway 4 Navigation company have
issued tariffs, which will become effect
i've Friday. making the rates from the
Pacific coast to the East, through Cht-
cago, on exactly h same basis by
way of all lines. That basis Is the one
formerly used by way of the differen-
tial lines only. 1t Is stated that reduc-
ton by the amount of the old diner-
entails was consented to by the Michi-
gan Central, Lake Shore and Pennsyl-
standard fares are now charged. This
means that these three lines have
agreed to an abolition OF d~ifferentials
and that they will place their rates on
the same basis as are used by the DIFF
ferential lines. While this applies now
only to through business. II very soon
will apply to business originating at
Chicago. The rates to New York by
way of the standard lines h will be
81 cheaper than at present.
1t is probable that the differential
lines. which now make a rate of SIS
between Chicago ana New York. Will
retaliate by reducing their rates in or
der to maintain the differential. In
that case a rate war that will bring
fares down to at least $40 Is certain.
II Is stated that the Wabash already
Is preparing a tariff that recognizes
the differential by making the trough
rate via Chicago 81 under the tariffs
of the Southern Pacific. Great North
ern, Southern California (which is the
Santa Fe) and oregon Railway * Nav
igation company.
The Canadian Pacific railway ac-
cuses the Great Northern railway OF
cutting passenger rates from New
York to Hong Kong by purchasing
tickets at tariff rate in the Baltimore
& Ohio office in New York and after
wards selling them over its own coun-
ter at a reduced rate.
w. c. Mcbride. general agent Of the
Rio Grande Western, returned TO Butte
yesterday from a two weeks trip in
idaho, where he hustled business for
his road.