The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-07-23

These three men are WsilaIa
X Vanderbilt. J. Pierpont Nor
IL gan and A. J. Cassatt, today ths
dominating factors In the rail-
road world
Az recent events show thai consalisia-
tion Is the order OF the day. and that grad
uAtiy aii az the prominent transportation
1tnes In the country Are being gathered into
= few territorial gfoups. 1t would appear
that at no distant date these men will
wfcid power nnequaled In any othe. indus
try tn tha world.
Each Of these financial giants appears TO
BE- pursuing siifferens courses. although Mr..
Morgan for mary years has been on In
innate terms with the vanderbllts. and
has been associated with Them in many Of
thesr properties.
Dividing the Territory.
1t has been apparent for some time. how
ever, that they arg all working with
thorough understanding, and from at
least one incident IL seems that the two
great groups known as the New York Cen
trial and Pennsylvania systems. which I'M
I'll lately were bitter rivals. have swung
around and have set cut 10 divide up the
territory they traverse
They have gen~ . step farther.
aud u II asserted ON aced author
fsy that they have sersousiy coa-
sid~rea the idea OF procuring
control ef eertata railroads
Totally and establishes u p"oi-
tnw system which will adreitfy
e~aa~ the law and brsa9 all trait
o. in the territory In question
under their management.
The fact has never been published that
the New York Central AMI Pennsylvania
several weeks ago had experts examine
the Wabash with a view to acquiring con-
trel ~ IL for their common interest, SO IA
20 remove IL a. n rate iisturoer. The ex-
perss Travelled ever the road and made
careful inspection ~ nil ~ SIS resources
and did all ha. 60 ovrr the books, The
examination was pasnown "a the Wabash
management. although ere ef the officials
informed nae sisst he had received int.raa-
tiers taat something MAS going on.
About that time there was sharp Jump
IN The stock. which WAS explained on 9TH
or grounds. eGs the real reason was that
u was thought by those let into the Sc
ores that the deal was tss s,s eoususursatvxs
o. once Nothing further. however. was
dene 81 that time. although the Wander
hAIt and Pennsylvania officials were salts.
siest With The result ~ the Inquiry T'he
dlfsteuity that presented itself ,e their
minds was In What way they eoali best
hrtns about their purpose without the
expenditure ~ too mach nnasY.
Interests Lite I'm Co-apeemtten.
Hat they announced egseaiy tha, they
wanted 90 aas tire wabash Il would have
east them n nsesty fsenny As Il was. how
ever they asopfets the matter th~s ard
thsre. as II they had never taken II ug,,
bat the scheme Ia merely resting. ana II
satisfactory oapartuntss srtsas tsssy
viii, IL Is said take 81 Sp again
This Incident Ia rvlates ia show that sta
Ssaaerhssss ana swnnss lvamsa folk have
al last ressognisess the act thar .Asv have
rcshing ~ gain "A viyais hat that their
interests Tie ~ are fsr~rssnu ~ ACTIVE 60
operation. ana even assistance Sc each
othes
The eersoa wae Informed nae
aheat the proposed wabash deaf
aatd atso that n wtRantse .ch~use
was GA foot for a~sstng control
ef all of the principal railroads
between New York naa aosteu
aud Tht~exo naa ss. Iaats Ia the
interest az the two great
areups. aaa he said that "a wa.
surposed tn he the plan tn 90
uNaas this In n sAareuxalx
friendly sptrts. rarc~ttus cat the
syps~w they Will be ef the sreat-
eat heoeas.
Sn this Way they woaiA ssamp
eat enee fer ali the pernt~taea
practice OF rate eststag. which
= eesss The ratleoaa~ Of this ces.sry