New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-09-25
Vanderbilt AND b. AND A.
WILLIAM x. SAID TO REGARD TIE LEASE RY THE
CENTRAL WITH INDIFFERENCE.

WILLIAM X SAID TO REGARD TIE LEASE BY THE
CENTRAL WITH INDIFFERENCE.
4 renort was printed yesterday To the effect that
William X Vanderbilt had decided to abandon the
idea Of leasing the Boston and Albany Railroad.
The negotiations for such lease and the terms
which provided for guarantee Of per cent upon
the stock Of 5000 900 cash. are so recent that they
arc easily remembered Soon after II became
known that the lease was anticipated strong e.
forts were directed against the contamination 81
the plan. Various commercial bodies I'm Boston APP
nrovcd f. but certain interests attempted 20 thwart
IT, Agitators busily circulated stories that not
enough was given for the lease, and hard fight
was made against II. 1t ia now said that Mr. Van
dorbiIt irritstcd and out Of patience with this
gratultous abuse from politicians and others who
he believes out OF excessive avarice oppose the
deal only 10 make better terms and be bought of,
has decided 10 drop the whole plan and let the
Boston and Albany take care Of Itself
Conditions have changed somewhat since tho
lease was first proposed At that time the Fitch
burg had declined the New York Centrals offer 10
lease IT, II is now said that the Fitchburg stands
ready 10 accept the offer Of the New-fork Central
on a basis OF per cent guarantee on the STOCK
mr. tust what was offered before. If the New-fork
Central gets the fitchpurg IL Will Ho' "e'" INV
Boston and Albany.
Another thing that tends 10 make Mr.. Vanderbilt
indifferent about the Boston and Albany Is the fact
tina, the New-York eV-Haven and Hartford.
.b,cb was itS only competitor for control or the
Passion and Albany IL ready 70 drop into the lap
~ the New-York Central whenever he and his aS-
sociafes think the proper time has come. MT
Vanderbilt Mr. Morgan and the Rockefellers have
rocentlv intrenched themselves more securely In
Nov,-Haven holdings and to-day control the road
g, they cared 10 declare themselves. and even II
the %ew-Haven took over the Boston and Albany
tive latter would thus finally to the Central
Tho election Of william Rockefeller. power In
tho New-York New-Haven and Hartford. TO be
d,roctor I'm the New-York Central. which took place
l,s, week indexes the friendly relations between
Tho Rockefeller interests and the New-lork Central
interests The Tribune the nrsi 10 point out
Ga hands OF the New York Central, and events oi
The last few weeks, especially NE rem clv',, "a
Charles =. Clark as president, the 'sS,l"N %. w
i.r Rockcfeller TO the directory OF the New ioih
r.rtrsl and other Incidents tcnd 10 deHOiisNa''
that the time is at hand when me Centrai , intea
csts Will force matters ana ABSORB We H. -, 49,.
WITH the Fitchburg ready 10 drop lnto Hne az tHe
,.ord with a dominant position In the NeW-i haven
srd Win the vast Central interests Dehlnd NM
Mir Vanderbilt has come 10 view win iknln'!en'"
tta H. ,sa 81 the Boston and Albany. II he taxes
,.,,or Inc FNchhure and New-Iiavcn ana allies MN,
..f ,,lfh the R0ckefeers and MorEans 10 controi
th,so TWO properties. n will badly cripple Up" hJys
%ew-Yo Central now diveris 10 ihe boslon az"
albany Will naturally be given 10 m" olheI IYhus
the Boston and Albany VIII be i'ii 10 sImil ~.
t,ssf es beat IL can with its purely local franc J.
e. ssid that Mr. Vanderbilt recently relnqulshea
ontions he held on large blocks ~ Boston ana Al
hanv stock and the dissenters bought IL UP gre
fully hoping 10 force him into paving bigger
u monument offcial Of the Vanderbilt system
said yesterday that Mr. Vanderbilt had not yet an
soiutely bandoned the idea n the BOSTON ana A..
active I'm opposing DO not cease their crusade he
Will give It W altogether,