The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-01-19
$4,000 HEADS WILL FALL
AND 10 600 AGENTS WILL HAVE
TO ECONOMIZE
THE REASON FOR THIS GIGANTIC SCHEME
As Congress Has Failed to LegaIze Pooling
the Owners viii Accomplish Their Pur-
pose if They Have to Buy Every
Railroad in the Country.

Chicago, H., Jan 1S.-The Chronicle
tomorrow will say:
".As a result OF the rec2At cOnsolila-
tions and agreements among the owners
of the great trunk railways east Of
Chicago the entire transportation sys-
TEN between the Mississippi: river and
the Atlantic seaboard is TO be re-Orgali-
lied. involving the following changes;
The abandonment of the city ticker
offices of all of the roads IL the synd'-
cate in Chicago, New io:H, Philadel-
phia Boston. Buffalo, Washington.
Pittsburg Cincinnati. Cleveland, De
troit Indianapolis, Peoria and st. Louis
and the substitution of JOINT Offices in
each city The DISCHARGE ~ all city,
general, travelling and district freight
and passenger agents and solicitors OF
the Eastern roads in I'll parts of the
United States. Canada aud Europe.
This will effect nearly 100)U men.
The abolition of all forms If com
missions heretofore paid for the sale
of tickets over these roads This viii
affect the incomes of 10000 agents and
eliminate the scalperS.
The establishment in Chicago ana
New York of joint auditing agencies
that will apportion to each road an
agreed percentage of the total compet-
itive business.
The discharge of all superfious as
sistants to the heads of departments
of the individual roads. Later the
heads of these departments may be abol-
ished and the work done by clerks Who
will report to the joint agencies.
The establishment in New York of
board of control made up of persons
representing the Vanderbilt. Pennsyl-
vnaa. Morgan and Harrison properties,
the rulings of this board on all questions
to be final.
The abandonment Of a number of
through fast passenger trains put in
service during the past few years rs the
result Of sharp competition.
The establishment of common sched-
ules for passenger trains between Chi
cago and New York and between all
Of the principal terminals of the combi-
city and st. Louis.
The abandonment of all fast freight
trains and the fixing of common time for
those trains between competitive ter
miDals.
l.
combinations:
New York Central, Pennsylvania, Bos-
ton and Albany. Boston and Maine
Fitchburg. New York. New Haven AMI
Hartford: Erie; Lehigh Valley; Lacka-
wanna: West Shore; New York, On:a-
rio and Western Rome. Watertown
and Ogdensburg; Lake Shore; Michigan
Central; Nickle Plate; Baltimore and
Ohio: Wabash; Big Four: Chesapeake
and Ohio; Lake Erie and Western; Mo-
non and all auxiliary lines of these
systems.
'Nhen all details for the future man
agement of the roads i'll the Eastern
combination have been perfected the
leaders in the consolidation movement
will turn their attention 20 The teri
tory west of Chicago and attenpt 10
bottle up the Chicago-St. Louis-Rocky
Mountain country in like manner. The
combining proceeding may extend ulh-
mGtely to the Pacific coast.
THE Harriman-N Vanderbilt syndicate
owns and controls the Illinois Central,
Union Pacific. North-Wcstern, Oregon
Short Line. and Kansas City, Pitts
burg and Gulf. All the big competi-
tors of these systems are IL. with the
combining movement and stand ready
to go into what will maintain stable
rates and reduce expenses. Several
small. independent roads in the West and
Northwest territory are to DC purchased
1.-The failing of Congress to l""ali2e
pooling is given as the cause of the con-
yoldation as the owners are determined
to pool if the purchase of every railroad
in the country is necessary t. ,htain
thai eud.