Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-02-10
TROLLEY TRUST PLANS
Biz Eastern Cities Included In lrac-
ton Consolidation.
CHICAGO MEN PROMINENT
Gary Of the steel Trust IL
nent Factor In the scheme-
Value Of }. =. MOrEan's EA-
perience and Ability.

New York. Feb. 10. Pierpont MOT
gan's power in the financial wofla Il 81
great and the influence OF the Whlthe!
Wideper. Elkins- Dolan street raiiwa!
syndicate il SO farreaching that Inc IT,
cent conjunction OF these Two lolcee
has prepared the public MIND 10 accel"
AS possible any suggestion AS 10 the
final outcome OF the combination
Mr.. NorpaiIl's time is 100 Valuable 10
be wasted Oh small things, and the
Whitney Widener- Elkins- noiah syliui-
cate is too clever 10 need the ASSISTANCE
Of a man ike Nh Mo. Ian III Anything
INT an enterprise ul eX ,raordlnary pro
portions.
Therefore it is admitted that there Is
much more IN prospect fof the 50 ca'eu
Metropolitan merger than the 1orina-
ton Of the Manhattan Securities COLI
pany for the lease of the Metropolitan
Street Railway company.
Many Big cities Affected.
The latest development OF the sltua-
ton, as disclosed 10y close and constant
inquiry, is the probable creation OF Il
giant traction trust that VIII ihclude
not only the surface, elevated and un-
foreground lines of the Greater New
York, but those Of Chicago, Phlladel-
phia, Washington, Baltimore. st. Lou
is. Cincinnati, Columbus, Cleveland,
Detroit. Toledo st. Paul. milwaukee,,
Boston. Louisville, Newark and Jersey
City.
The -Wdener Elkins- Dolan
influence extends to all these cities.
The syndicate owns or controls rail-
WAYS in most of them and is negotiat-
ing for railway control in the others.
10 combine all these interests into
one grand confederation and centralize
the management of them is now believ-
ed to be the ultimate object OF the
agreement between Mr.. Morgan and
the syndicate.
Further credence is given to the eX-
isteuce of such a plan by the fact thai
among the guests of Mr.. =. A. b. Wild
euer at banquet in Philadelphia sey-
erAl days ago were many men conspc-
nous in street railway promotion and
development OF these Marshall Field.
Norman B. Keam and Judge Elbert II.
Gary were from Chicago. Mr.. Ream
and Mr.. Field are identified with street
railway holdings of the Philadelphia
syndicate III Chicago, but Judge Gary
is the controlling power in the Chicago
City Railway company, concern so
lucrative that it has hitherto WithStOOd
the temptations of the syndicate to
abandon its independence.
More Chicagoans Interested.
Further evidence corrOborating the
existence of negotiations between Chi
cago and the syndicate is und in the
recent visit of John NJ. X ach. presi-
dent of the Chicago Union Traction
company: w. w. Gurley, general cou 1
sci for the concern. and James H. Eek
els of the directorate to consult with
the Whitney Widener Elkins DOlan
people as to the condition of local trac-
ton affairs.
1t has been known for some tiue
that the syndicate has been negotiating
for the Everett-Moore system that EN-
braces ClevelaQd. Detroit and Toledo.
While the exact form of the new
trust has not been divulged. it is indi-
Gated that Il securities company will be
formed for each city. and then all the
securities companies will be combined
in one general holding company.