The sun., 1910-06-07
Also the Injunction Suit
Against tho Western
Railroads.
AGREEMENT WITH TAFT
Suit for Dissolution Of Western
Trunk Line Committee
Discontinued.


May Z ana Wm Refrain Prem Fnlmi
Any Further Advances Untu ths
Pending Railway Btl mas Rseoms q
Law. Wben the Interstate Commis.
sion Wm Have Power 70 Pass sa An
Increases BeEoFe They Recome EReU-'
tlve-In Return Ter Thess ConeeauaoAs
the 6OveFhment AGrees 20 Dlseom.
time tire suits Against the nanroaal.
WASHINGTON. June S.-The twenty-five
railroads Of the middle West involved
in the Federal Governments Injunction
proceedings under tho Sherman anti
trust law will withdraw all increased
freight rates that they have fled with
the Interstate Commerce. Commission
since May /. 1910. and will voluntarily
submit them 20 the commission for a ril-
ing a. 20 their reasonAbleneas. These
railroads also will refrain from fling
any further advances until the pending
Administration railroad bin has become
a law and the way has been opened for a
legal investi cation on the part Of ths
Interstate Commerce Commission into
all rate increases.
The Federal Government In return for
these concessions will have the tempo.
rary injunction which IL has obtainod
vacated and will discontinue the auit
for the dissolution Of tho Western Trunk
Lane COMMITTEES under the sherman anti.
trust law.
In effect the Administration viii sub
stituts the operation Of the new railroad
legislation about to be enacted for the
Sherman antitrust law a. regards rHts
making by railroads. The agreement
between the Government and the rail-
roads. a. viewed here. lifts the menaos
that has overshadowed the transporta-
tiOn business Of the country ever since
Mr.. Wickersham undertook 20 apply the
sherman antitrust law 20 a situation
that has been regarded for years a. IN
evitable.
The agreement reached to-day betWeen
President Taft and Representatives Of
the railroads will extend beyond the
twenty-five roads comprising the Western
Trunk Line Association. All Of tho East
em trunk lines which recently filed tn
creased rates and also the twenty-Sour
railroads composing tho Chicago and
Ohio River association will undoubtedly
follow the eNamre ct by the Western
Trunk Line Committee and withdraw
all increased freight rates that have been
fled with the interstate Commerce COM
mission since May last.
President Brown of the New York Con-
trail. President MCCrea Of the Pennsyl-
vania and the heads Of other Eastern
trunk lines will confer with President
Taft az the White House tomorrow. and
Il has been plainly intimated that thew
will join IN the action that was taken by
Of the Western roads o..
day. In fact President Brown Of the New
York Central IL already on record a. favor
ing a Suspension Of increases pending an
Investigation by the Interstate Com
merce Commission under the authority
70 be convey, 4 by the new law.
The general effect Of the UNDERSTANDING
reached at the White House to-day will
De that all increases In freight ratsa that
nave been fled since May and mat have
Desn contemplated by the railroads of
he country within the next few montha
viii be suspended In their operation for
at least q year. This glspsnsion will be
lar reaching In la effect upon many rail-
-oads that have been counting on the in
,reased revenue from the advances. but
N the opinion Of railroad men hers this
will be trivial compared with
What would have resulted through taS
uncertainty arising out ot an attsmpt
IN the part Of the Administration % en-
'oFce tho sherman antitrust law against
ne present method Of rate making.
The agreement to-day was reached
,ftsr a four hour conferences At the White
HOuss Attending this conference on ths
Dart Of the Western railroads were T. p
Ripley. president Of the Santa "a
lystem: s. NJ. FELTON,, president q
he Chicago Great Western Railroad:
p. A. DelanO. president of the We,
bash. and Walksr d. Hines. ohairmP
o. ths Santa F6s executive comr 10
90. and on tho part of the Governments
'roaldsnt Taft. Attorney General Wick-
'ruham. Secretary d State KnOE and
IeCEotary u CommeEOs and Labor NaGsl
ne Prosidsnt regarded ths matter a.
sue as ON of the mozt important that
las o0nfrOntsd hla Administration. Rs
van Indicated BY ne pTsasnoe in ths con
erencs room 0s the thrae lawyers IN tha
rnft cahlnst. Here y ths stntamsnt that
hs PToai1ant iasrsd aster tAs c0agersnesi
"E.P. Riplsy. president % the At0hison.
ropeln 4 Santa F8 Railway companY
Falksr b. Hlnea. agting chairman Ofthoex-
.cutivs oommittss q ths Atchiron. Topeln
md santa ~ Railway Company; Efsdsriok
Dolano. praaidont % tho Wahaah Rail
cad Company, and 8. N. Fsltua. pgoai-
lent q ths Chicago Great Wostgrn Rail-
cad CnnnanV, q cQMuitlal F1pruagutng