Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1900-06-13

OF liberty rIhi MINIS '"Ft'NNf
shower. Egyptian circlet prIsmaua
sprays, cannonading piece, tableauX
and good night
Looking 90 Consolidation
Although the meeting referred TO has
adjourned and nothing has been heard
OF the project suggested b; the Denver
Post Of Sunday, yet It's review OF pros
poets may not be uninterestlng The
Post says that the railway presidents
OF the United States now meeting IN
New York are considering the prelim-
mary step to the formation Of great
pool that viii embrace every road III
the United states, President Jehery OF
the Denver a Rio Graude Is chairman
OF the meeting and has laid before 1t a
report signed by the executive heads OF
some Of the biggest systems enjoying
transcontinental traffic From a mes
sage received I'm DepYer by President
Jeffery it Is gathered Inc trust. pool or
whatever II may be called, Is on the
verge Of being launched.
A special committee OF western rail-
rond presidents was recently appointed
TO devise "A plan for an equitable d.
vision Of traffic earnings. This report
after a mature deliberatl0n based on
experience and practically unanimous
theories has been submitted TO the gen =
eral meeting of presidents and execu-
tive officers now I'm session,
The report provides for a division Of
traffic agreement, or plainly speaking,
a blind pool Each road maintains its
proportion, but the smaller roads are
materially aided, and the common good
Is the main result aimed at. The pro-
posed agreement could hardly be con-
strued a Violation Of the anti-pooling
law. II is reported. and undoubtedly
will be recommended for adoption, II 1t
has not been done already az the Sc
Cret conference,
The committee drafting Il believes
the interstate commerce commission
Will not too carefully scutinlze such an
agreement or try to attain the end Tor
which 1t Is deslgned-the maintenance
of rates. The result win be, should IL
be adopted, 10 weld together the line on
a basis that wiz soon result In the
adjustment of individual Offices ana
the establishment of a common or gen.
eral office al every junction point and
town of importance II means the us
charge of thousands IF employees an
enormous cutting down 0f salaries ana
other expenses 90 each line
Another special committee Of the rep
resentatives Of western railroads VIII
report on a number of propositions Tor
tho better maintenance OF freight rates.
This committee Is composed OF Presl-
dent $ NJ. FELTON, Of the Chicago q Al
ton. chairman; Third Vice President u.
II Mccullough OF the Chicago a North
NFNra lNNnafMHnN faNnTUN
b Harris of the Chicago Burlington a
Quincy. Vice President Paul Morton Of
the Santa Fe; Vice President Bird OF
the Chicago, Milwaukee d st. Paul
The explanation of the mysterious
purchases In the stock. not only Of the
burlington but other Independent sys-
TENS. now comes from New York.
predlcated upon the meeting Of the
presidents. 10 is a portion of the gigan-
tic plan to effect the community OF
ownership plan among roads naturally
antagonistic 20 each other and contest
ing the same territory, The Wander
bilt-Harrlman interests. Il was stated,
and now proved beyond doubt as a
statement VI fact. had secretly pur-
chased q block Of Burlington stock and
possessed 10000 shares. Following this
announcement came word that the
Burlington extension 20 ogden would
not be- built this year. the Union Pacific
having begun. by the acquisition OF
stock. q vigorous offensive and de.
fensive campaign.
The two new stations at Omaha-the
Union station and that Of the Burling-
tOn-aifOrd an mixing 81 the scheme
that Is chrystalizing. II IL apparent the
purpose OF TIE Burlington is 10 become
an independent factor I'm transcOnti-
mental business Each station is oppo-
site the other, and each Is as substan-
tial looking as the other. Efforts 20 get
the Burlington 90 come Into the Union
station have, 20 far, failed. All the
other roads enter the Union structure.
The Burllngton's own route Is twenty
flye miles below Omaha
The controlling interests In the Union
Pacific are able. at present TO concen-
trate the lines in the Union station.
thereby conserving its interests except
In the case Of the Burlington. il is
apparent the policy OF controlling the
Burlington Is uppormost IN the minds
of the Union Pacific people, as an econ
omic policy. Some years ago the North
western road was controlled by COM
munlty Of ownership. II has worked
SO wen. the query Is asked why not
equally well IN the case OF the Burling-
ton2" BY this well established COM
munlty OF ownership the Northwestern
has stopped ut Casper.
The Burlington Is now industrlously
building west, and although Boston is
reticent official confirmation has come
from Omaha that not only viii the
tracks OF the Union Pacific and the
Northwestern be paralloled by the eX-
tension 10 ogden, but newer and
richer country will be opened. The
purchasing Of the stock Of the Burllng-
ton and the moves Of the Union Pacific
point 10 the establishment OF the com.
munity OF ownership plan a scheme
directly In line with the pool Go be
formed In New York-if It has not rs
outspoken backing-and under which
the Turlington's ogden extension win
either be abandoned, or satisfactorily
"a arranged