The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1909-03-19
It Is Understood That the Ne
gotiations for the c., c. &
1. Have Already Rapidly
Progressed.
A CHICAGO ENTRANCE
IS GREATLY DESIRED
If Deal Goes Through, the c.,
c. & L. Will Greatly Bene-
fit by Local Interchange
With Panhandle.

The interchange connection between
the Pennsylvania and Chicago, Cincin-
natl 4 Louisville railroads in this city
will become a great deal more valuable
to the latter line, If the deal referred to
in the following dispatch from Cincin-
natl, becomes q reality:
General interest in railroad and fl
nancial circles is just now centered in
a we'll defined rumor that negotiations
are we'll advanced for the taking over
of the Chicago, Cincinnati and Louis
vile by the Chesapeake and Ohio. In
some quarters it is declared that the
deal has been closed, and that Official
announcement will be Forthcoming
from the headquarters of the C. nd o.
in Richmond, Va, within the next 80
days, while others say that the negoti-
there are many chances of the proposed
merger falling through.
Color to the Story.
Much color is given the story, which
has been freely circulated both here
and in the East, by number of devel-
opments OF the past few days. One
of these. and perhaps the most signifi-
cant, is the attitude assumed by the
management of the Chesapeake and
Ohio relative to traffic matters as in
dicated by instructions recently issued
to it's representatives. These instruc-
tions are to the effect that hereafter
Independent effort shall be made to
secure business for the c. & O., ire
spective of any other road. and with
out consideration to previous arrange
ments or conditions The orders are,
in effect, that the traffic-sOliciting
forces of the road are to fight add 9th
er roads alike, and secure the business
irrespective of who is in competition.
This means that the C. and o. manage
ment has taken an absolutely inde-
pendent position, and that it has, or
will in the very near future, cut away
from the Big Four, with which for a
number of years it has maintained
very close traffic relations. Independ-
ent of the Big Four, it would practic-
ally be a necessity for the c. and o. to
have an entrance into Chicago.
For Chicago Entrance.
That this Chicago entrance is to be
obtained by the purchase of the c.. C.
and L., is generally believed. since the
possibility of the acquisition of the c..
H. and D., appears to have been elimi-
mated. That the deal is pending is in
dicated by the fact that number of C.
and O. officials have recently made in
spection trips over the line between
Cincinnati and Chicago. Such a trip
was made within the past week In the
presidents private car by President
George w. Stevens, General Manager
c. E. Doyle. Superintendent of Trans
portation G. C. Walker. Freight Traffic
Manager F. NJ Whitaker and two
members of the new board of direct
ore, one of whom is known to be per-
sonal representative of Edwin Hawley
who recently acquired control of the
road through the purchase of the Penn
sylvania Railroad rs company's stock
through Kuhn. Loeb & Co., and who is
now the dominating factor in the C.
and O. management. They were fol
lowed by representatives Of the depart
ment of maintenance of way of the c.
and O., and during the past two days
a corps of engineers has been looking
over the road.