The daily morning journal and courier., 1907-05-13
RAILROAD DEAL
 ABOUT CERTAIN Transfer May be Made Through an Intermedi-
 ary Company.
NEW YORK CENTRAL IN
Acquisition of Boston and Maine Forced on
 Road.

The reported future control of the Boston and Maine railroad system by the New York, New Haven and Hart ford Railroad company appears to be fully confirmed here. The deal in- wolves, at some future time, an ex- change of stock, share for share prac- tically, though possibly through the medium of an intermediate company. Some weeks are likely to elapse before the arrangement is fully carried through. It Is also ascertained posi- lively that the proposition has the sup port of President Lucius Futile, of the Boston and Maine road, and his dlrec- tors, upon the one hand, and of the New York Central and its allied inter ests. on the other.
 In connection with the deal it is also understood that the New York, New Haven and Hartford will secure con- siderable trackage rights over the Bos- ton and Albany. What concessions are made to the New York Central people by the New Haven company In return for its assent to the Boston and Maine acquisition are not known, but in rail- road circles here there is strong be- lief that it involves the transfer to the Central of the Ontario and Western, which, it will be recalled, at the time of its purchase, President Mellen offer ed in exchange for control of the Bos- ton and Albany,
 On high railroad authority it can be stated that the acquisition of the Bos- ton and Maine has been forced on tile New Haven not merely through the hapger to New Haven interests of the acquisition of the Boston and Maine by the New York Central but also because of dangers from Canadian railroad tn- terests. which were hoping for and seeking control of the property.
 It is understood that when it acquires the Boston and Main, the New York, New Haven and Hartford railroad crnopany will enter upon an extensive series of improvements, involving not merely constructionS but much quicker train service both to Boston and to New York From the point of view of the New Haven officials the Boston and Maine system has immense opportunl- ties for development of business, which have not thus far been utilized, More important, however, than this in its bearing on the future joint opera ton of the two systems is the prospect of developing in connection with the Boston and Maine, large new business at the seaboard to connect with the New Haven's newly acquired steamship lines, and which hitherto had been fed to other corporations. Very large economies are also expected from the unity of the two systems the relative decrease of costs of operation and larger continuities of train service.
 No doubt is felt In railroad circles here that the New York, New Haven and Hartford will, as In the case of its own system, pursue policy of con- solidating subsidiary lines and cor porations, of which a great many have been merged with the parent company since President Mellen took office some four years ago. It is also understook that in the united operation of the two companies there will be Improvements upon large scale. at and near Bos- ton.
 By the acquisition of the Boston and Maine, the New York, New Haven and Hartford railroad company becomes a corporation controlling almost entire- ly the sound boat traffic, large coastwise steam ship companies hav- ing connection with many through rail- road lines of traffic, from Norfolk northword to Portland, the owner of almost the whole trolley system in New England south of central Massachu- sets, and more than double it's own already large steam trackage.