Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1899-07-22
The New York Central--Pen
nSylvania Alliance.
IT IS NOW OPERATIVE
Plans Being Arranged on the Project
For the Anthracite Coal
Combine.

New York, July 22.-The Times says:
Important steps have just been taken in
the advancement Of an alliance between
the New York Central and the Peursyl-
vania system. AS President Cassett of
the PENNSYLVANIA was at the New York
Centrals executive offices the day Of the
formal vote for the Boston & Albany
lease and suggestive interest was melted
thereby. so no significance is attached to
the fact hat President Galloway Of the
New York Central was visiting Philadei-
phia-an official return call. This trip Of
the New York Central's chief executive
to the Pennsylvania headquarters was
quietly enough conducted. Mr.. Gala
way ran over to Philadelphia from his
summer home on the New Jersey shore.
He was expected. Business Of import
ance was transacted. The new
tive New York OBSERVATION-DISCLOSURES
policy is o operative.
President Callaway's visit is expected to
practically complete the deal. through
which William X. Vanderbilts plans be-
come dominant in the entire eastern trunk
lines. Mr.. Vanderbilt is at business
again. He has had a conference with his
chiefs Of staff. He has gone over reports
treating on matters Of large
He has given no orders. He is ready 10
put extraordinary understandings into
operation. And the trip Of President
Galloway to Philadelphia places an i'm
portant phase on developments.
Plans being arranged on the project on
the anthracite railroad coal combine are
somewhat involved in matters and policy
discussed in Philadelphia, but il can be
stated upon authority that the much
mooted coal deal is still a good time dis
tant. Its arrangement will be closed
nearer next New Years han the present
date. Other trunk line affairs do not
hang upon il nor are they handicapped BY
delay of it, as once seemed likely to be the
case. What is Immediately accomplished
is indeed a step toward the solution Of the
grave anthracite roubles, but in other
ways 1t is much more important. Two at
least Of the anthracite properties are to
come under the control of New YORK Cen
tral-Pennsylvania's d.i ectors. The hand
of Mr.. Vanderbilt will show clearly in
this, which. it is agreed, shall be one Of
the first significant corporation moves
about to be made.
Another undertaking IS the project of
a tunnel under the North river directly
connecting the New York Central and
Pennsylvania railroad tracks-a tunnel
for which, it is intimated, franchise rights
already exist, a New York Central-Penn-
sylvania authority speaking Of them as
assured" The establishment and use
of such a tunnel connecting would be
more than the token of actual alliance be-
tween the two great roads; it would
work a revolution in the eastern trunk
line traffic. New York terminal charges
would be brought thus to a basis where
New York as an exporting and importing
port would occupy an advantageous sit
uatlon never hitherto thought of. The
tunnel projected by Mr.. Vanderbilt would
meet ait those transportation demands for
which the P~oughkeepsie bridge was theo-
retically intended. 1t was President
Scott of the Pennsylvania, by the way.
who originated the Poughkeepsie bridge
project. Through the use of such a tun-
mel New England could have t]ransporta-