The San Francisco call., 1898-03-02
ANOTHER BIC
 DROP IN RATES
Canadian Pacific Contenplat- ing a Further Gut of $1O
 on Through Travel.
Self-Preservation Win Soon Force the Southern Pacific and Santa
 Fe to Gut In.

CHICAGO, March 1.-The Canadian
 Pacific road is contemplating another
 sensational cut in North Pacific Coast
 rates. When next it applies the knife 1t will, if reports are true, take an ad-' ditional cut of $10 off the rate. It was understood that this cut was to be made as soon as the American roads actually put in effect over the lines the | reduced rates 1t made in the first place ten days ago. So far. however. there | has been no official announcement of the new cut Whenever the Canadian | Pacific makes the announcement the American lines, it is expected, will
 meet the new rates. The American lines seem to be prepared to follow the
 cut down to a dollar if necessary to protect business. They are apparently
 in for a fight to a finish and the off, cials hint that should the contest be a prolonged one the Canadian road may find itself shut out from doing business [ in American territory. An agitation in
 that direction has begun and Congress is in session.
 When M. M. Stern, local agent of the
 Canadian Pacific, was questioned re- garding the abive dispatch, he said that as yet he had received no adviceS look ing toward such move, though noth- ing. that might happen particularly in the territory of the northern lines would greatly surprise him. The inten
 tion of the Canadian Pacific is tO"allow matters In San Francisco to remain as they are now unless some new move of
 it's comnetitors should necessitate a corresponding one on its part. L. Said MT. Stern: "As long as the pres ent rate of business continues we are perfectly willing to stand by our pres ent rates. The increase has been so material that we are perfectly content ed with the existing conditions, and
 providing the run keeps up, we can stand this thing for the rest of our nat
 uraf lives"
 The steamer Walla Walla, first of the vessels that will run on the new five day schedule from here to Vancouver, leaves to-day with a nearly full pas Senger list.
 The o. R. and N. are selling through tickets. from San Francisco to New York via steamer to Portland for $52 first class and $36 second class This rate is made up of the SIP and $6 steam CT rate from here to Portland and the
 $40 and $50 rate from there to the east ern terminal over the Northern Pacific, EGreat Northern and trunk lines. Though Vice-President J. c. Stubbs
 of the Southern Pacific says that noth-
  tion and that the loss that his com
 pany will sustain on their through travel by the action of the Canadian Pacific Railroad is so trif1ing that 1t
 will not be necessary for them to en- ter actively in the war as far as San Francisco is concerned; yet the opinion |. of other competent railroad authori- ties Is very different. They claim that | neither the Southern Pacific nor the
 Santa Fe can stand quietly by and see all of the cream of the travel turn
 from them and go over the northern
 roads, and that it is but a question of
 time when both those roads will be | forced into the fight for their own self
 protection and, when they do, things
 will come down with a drop that will
 make somebody either weaken or | break.
 | The whole street is at present on
 tenterhooks waiting for something to | happen, though where it will come from
 or what it will be, when 1t does come,
 are at present only matters of conjec-