The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-07-23
many millions Of dollars annual
" which w0ala otherwise he d.
ytded among the tockholdcgs ~
diyideuda

OF course the New York Central and
Pennsylvania ofiieiais have strenuously
denied that they have formed an alliance
and that they have reached an agreement
which would SAVIOR OF monopoly and
possibly result In making hard and fast
rates from which the public would have
no relief. The friendlness of the airec-
tors OF the two companies over the Bos-
ton & Albany deal. however. shows which
way the wind Is blowing
II was novel sight To see A. J. Cassatt
the president. and s. NJ. Provost. the vice
president, OF the Pennsylvania. In the
meeting OF the New York Central direc-
tors az guests when the proposed lease
of the Boston q Albany was being voted
OF, and Wall street was nonpiused To ac-
count fer a. Seine declared that the
Pennsylvania WAS afraid that the pur-
chase OF the Albany road threatened the
interests of the Pennsylvania, and that
the Pennsylvania feared the New Haven
read might also be swallowed up and
leave Mr.. Cassatts road without a New
England outlet.
How VIII Power Be Exrrtedg
In view OF the thorough understanding
tstween the New York Central and Penn
syisanta officials. there was nothing IN
usual in the presence of Mr. cassatt I'm
the New York Central meeting II such
an understanding az ~ alleged exists II Is
likely there Is an understanding that each
new deal should be Witnessed by reprs sen.
tatises Of the TIVE grsa; systems. and that
M project Of importance should be mn.
through without shs consent % both sl.es
With the knowledge that the
New York Central and P~nnsyr-
~snia are workts9 aioms friendly
IL not Intimately related Hines in
A~E
Mr. Morgan u also pur.utuu n
policy which IL eaaxeutnl tn
zach Ut these stg sysseps. IL be-
comes apparent that ~ these
three great aggregation. of cam
fsaf grew they viii form friendly
alliances and tend tn establish n
mighty combination that vii,
control everything within reach.
This Il nn myth. bat all az the aevslar-
menis OF the iass year tessa 10 show ,ha,
such an understanding as Is here ses,>rsh
~ really exists. The question q. VITA,
Interest -. Whittier are these great svs-
sems tending. and row viii their ,rsruert.
eats g-ower be exerteir
WIN they bold The interests Of the O.l,lle
N an iF0a grip sna year ny year lesser,
ne advantages that have been selsi Oh,
hf composing corfserassonS or viii t,s,s
by ian introduction ~ economies 5ir.gs
Aes the expense of TRANSPORTATION - rs
ns&hl3e suf Increase the facilities fe~ .r.ys,
while esuesssne their esn stsckhosse vx,
II viii hs 81 interest 20 note ess x-,.tos
whet aTs ne~ controlled ny fss thv.~
naaSaates above referred - ard 20 ngAn.t,,,
tAe gssSsfhse aec@sse~e sAss they arr, uaafx
- make IN re rear Future as they .xsee,
un wayyi, ike vssgAty river xafN4vs,w
foscN am2 volume With every s.resrs sna.
eFapsies lntc II.
ttn~s Ia Vanderbilt sy.tem.
The New York Central syxsMfs IA sx~,
neS attracting nsSxs interest b@raysss 80
ns recent acquisition 81 tbs Rs~sssn q
Albany. ard because o. the ssgasntors. ths,
are carTsas thai 81 may make st,rshA-
threads into New ENGLAND Territory
The Vanderbilt possessions were sgs~r.arsv
mach szsTesa eE.;. but the tendency II
r@eeHf years has been "a bring th,sss -.
sssEer Ia such xay that In ease tha
Reads ~ tAs sarssfs Should ssEssssenIw s4
tak@a away. The mana genaenS vses.aa sro
"a e. asyesufcse and sAsy wDs,ta sa,
cT0mhAe away.
Yer this reason TIE Lake Shore ARA
MtsAsgsa Central were leased sn IN.
New fa~s Central. 81 that sne latter a.
naw n contract read gruns Ssw York -
thsesge. The acquisition ~ shss ge.-t,~
AicaaS GIVES tAe Geasras sts swss Etgx
issts IsesteEs. and Fsssnsss est fAs system.
Ts2s other s2-eA&3sss NAglSsreglt sssasss
are tne Bag Tcs4r. or Cleveland. x-snstn-
na,L Nhscsxo 81. Louis whaeh gives
tie New Jerk SentraI Aaa allied lines