The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-07-23
RULE RAILWAYS WITH
BILLIONS OF CAPITAL.

Continued from Pags Twensy-ssx.
fsnnsyivsnsa there h no nsed 70 change
the situation In the least. but that the
interests Of both can be protected by pre-
serving tbs status quo.
s~aple Case IN Alton sale.
II nas been suggested shst the New Ha-
ven might be controlled b. the tao trsiEk
lines Jointly, just - IL was proposed 20
buy the wabash An illustration Of such
= policy has recently been seen Ia the put
chase OF the Chicago 4 Alton in the inter-
est OF three Or four Western roads it a
considered extremely doubtful that tne
numerous stockholders Of the New Haven
Company wosld submit 70 having their
property sliced mp. and a. the directors
now In control represent very snsaA M
nortxy Of the stock, II seems likely that
ttns remain independent. 20 fAr ~ the &C
tusl stock control u concerned, although
81 may he operated In harmony with BON
the CeatrAi and Pennsylvania
Nevertheless, u seems likely that the
)hreutrai and Pennsylvania will I'm the fn-
eure dictate tbs transportation SITUATION
n New ENGLAND and II no further changes
Ire made there u will be oecaase they
p, not consider IL important that sucn
IN tho territory covered by the Wabash
n - not unlikely that outside lines may
A1eequired by etth<r the New York Cen
tn or pennsylvaniA. with view cnfeuy
% eliminating rate dieturbers. Al above
suGaeaaed, the WahaAh may Be one OF the
faroe to Be taken In Engiishmen are large
hoI6srS 81 Wabash common and preferred
stock. although the Gouids now manage
thS read. and II II chased a. Gould
property.
reusA Ceeree ceal OPERATOR.
ThHre are various roads Ia Ohio. indi-
ana sAnd Michigan. some OF which are pos
sgbtf slated TO become branches Of ono
OF t6e two great systsms. Among these
companies are this Columbus. Hooking
yalIsn 4 Toledo, which Mr.. Morgan Ii
earKanin1nR. Toledo q Ohio Central.
wheeling 4 Lake Erie. Cleveland. Lorain
q WteeiinG. Lake Erie q Western, Ann
ArboA Cincinnati. Hamilton 4 Dayton.
ana Chicago 4 Eastern Illinois. But II
should Be said that at the moment there
In no sixn that there are any negotiations
on foot TO acquire any of these properties.
One purpose Of getting control OF the
PRINCIPAL Ohio roads would be 10 place
the bisumtnous coal situation on a more
profSlAbie basis. With the railroads OF
Pennsylvania. West Virginia. Ohio and
Indiana under the control of o few men.
could be eliminated. 10 far as this par
ticular territory h concerned.
The Railroads woalA then he
able 70 GEORGE coal operators
generally anA see that they ala
net unaersell the railroads that
nSne csal - their own account.
Mr.. Morgan is said 10 be- anxious to
place the hatumtnous roads on q better
at AA t<as xx4{N int
that Il would have on the anthracite
trade, In which he r. stu more largely
interested He anu his associates hold
the anthracife business In their grasp.
and now the only weak point about the
anthracite trade II the difficulty Of com
peting with soft coal. which is delivered
at ridiculous prices. There II room for
great Improvement In the near future
along these lines. Few persons. however.
believe that the coal trade can ever be
remedied
CenAstSess IN the West.
Now take look Westward. VIII the
vanderbilss lease ths Northwestern road
TO tho New York Central and get control
OF the Union Pacific. thereby giving them
q through line from ocean tn ocean9
Many persons In Wall street beiieve that
they will The lease OF the Northwestern
would secure the control OF the company
90 the Vanderbilt family and guarantee
q large volume of frsffic to the Central
Lake Shore q Michigan Central
The case OF the Union Pacific Is different.
but the tendency Of recent years has been
for the railroads throughout the country
10 fall into groups. They necessarily have
10 take sides and discriminate against GER
tain connections and IN favor az others.
The small and compact Alton. which Tried
TO re impartial. found its business rapid
IL leaving H. because Its former friends
found themselves foresd 90 turn their
hsssiness over To particular roads with
which they had alliances. IL Is therefore
not unlikely that the tYnion Pacific VIII hs
recognized az Vanderbilt tne. although
Ii NAV not ba leased 20 the Central.
The Pennsylvania has close affiliations
with the Chicago. Burlington & Quincy.
which In turn sends n great deal Of ia
traffic over the Great Northern. There
have l-sn r,lrnors that the rennsyivsnis
might make deal with the Atchisnts.
which has iine ~ it's own fsnn chicago
70 the Pacific coast hat this seems i'm
probable Mr.. Morgan. besides being the
controlling factor IN the Northern Pacific.
ai@o has considerable influence rs the C-fli-
cage. Milwaukee & 81 Paul councils
ard escse compact here would not ~
surprising.
five rosathte Groapa.
A couple Of years age great deaf was
said stous a probable eonSoiidsttai Of The
Great Sosthesu ant Northern Pacific. esl;
the legislators Of some af tsfs Mort Invest
ern states set M great aae and cry. and
tntuncttons were threatened. TAss would
have pat an snd to such deal IT, In taet
II had net neen spelled ~ another car
eumstanse. James J I'M the energetic
president Of tire Great Northern. had Ideas
ef his cwn as sa hew such an alliance
should ac formed. which Eii not aitosvths =
agrwe WITH these ef Mr., Morgan. Mr. Mor-
saa dill uoi ehsssNe te las Mr.. H.tl ru;
shtHES. ard the project was ss,on aropp@a
Various sancifssi groups have eesa sus-
gvSteei as the likely destiny os ne rat.
fssasis ~ tlse United STAIRS during ,ae mex.
decade. The suggestions are governed
hrseis ~ territorial considerations fer IL
Is such prime pies that govern cous,ans-
items II requires ~ STRETCH 80 she gntagi.
nsssou 60 Surf~ase these possible ssaags;
I. Vanderbilt and Morgan aiit~a
tta~.~-<~w ENGLAND reads. New
N.rA seatrai, Delaware 4 uud-
aaa. nafaxta Il W~.s~ru. Lake
Share. Michigan Central. Wabash.
mig famr. shtras. 4 Norshwrst-