The Providence news. (Providence [R.I.]) 1891-1906, 1899-05-09
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10 cents and IS cents. at all drug stores
Big RAILROAD TRUST.
Plans for Formation Being Worked
Out by Capitalists.
Lines From Boston 10 Chicago 10 Bs Ap-
ponloned Among Companies.

Cleveland. May 9.-The Leader says:
According to a high official OF the Van
derbilt lines In this city the details OF
big railroad trust which IL To incdule all
the lines between Boston and Chicago
are now being worked out and the con-
solidation may be completed within the
next few weeks. The recent purchase
OF short lines In New York. Pennsyl-
vania. Ohio. Indiana and Illinois was in
line with the plan proposed for the con-
solidation.
1t Is not the purpose 60 have all the
lines under one management exactly.
but TO apportion them among the Penn
sylvania company. the Vanderbilt In
terests and the Baltimore and Ohio COM
pany. when II shall have been reorgan-
ICED, giving TO each system the lines that
1t can use TO the best advantage.
The first inkling OF the scope Of the
plan came when the Vanderbilts an
nounced the other day that they con-
trolled all the roads in New England
with the exception OF the Boston and
Albany. with which they now have q
traffic agreement and which they expect
TO take in soon. The Nanderblts now
control all the trunk lines between Buff
falo and New York with the exception
OF the Erie, the Lackawanna and the
Lehigh Valley. The Erie, II Is said, will
come under the control OF the Wander
bilts through the influence OF the Nor
gans. while the ehlgh Valley may go To
the Baltimore and Ohio. The Lacka-
wanna is now operated in conjunction
with the Nickel Plate. Vanderbilt line.
West of Buffalo the Vanderbilts have
the Lake Shore. the Nickel Plate, the
Pittsburg and Lake Erie, the Big Four.
the Michigan Central, which, with the
Flint and Pere Marquette, that is soon
10 be absorbed, viii give line in Michi-
gan. The Big Four west is To be oper-
ated Ia connection with Monon. recently
purchased by the Morgans, and the Gin
Cinnati. Hamilton and Dayton is ex-
pected TO be absorbed soon. The Lake
Erie and Western, acquired by the Nor
gans, Is expected to give the Wander
bits a line from sandusky TO Peoria,
Ills. These roads, with the Hooking
Valley, the Ohio Central. the Columbus,
Safrdusiy and Hooking and the Detroit,
Lima and Northern. will about COM
plete the Vanderbilt system.
The Pennsylvania, which has an i'm
mense system already under its control,
IS expected 20 acquire the Cleveland,
Akron and Columbus. with which il has
a traffic arrangement at present; the
Wheeling and Lake Erie the Clevs-
land. Canton and Southern and the Ohio
Southern, as Well as some minor lines.
The Baltimore and Ohio IL allotted the
Lehigh Valley possibly. the Cherry
Creek road. which. with the Philadelphia
and Reading. would form a through line
from Pittsburg TO New York the Bal
tlmore and Ohio Southwestern, giving a
line to Cincinnati and the southwest; the
Pittsburg and Western. the Cleveland
Terminal snd Valley, and the Northern
Ohio opening short lines through fren-
pittsburg 10 Cleveland and Chicago; as
well as the Cleveland. Lorraine and
Wheeling
The purpose of the consolidation is
said TO be Go prevent rate cutting and TO
accomplish practically what the Joint
Traffic association was organized TO do.