The Washington times., 1910-06-07
Taft In Conference With
Heads of Great Eastern
Systems.
DELAY IN INCREASE
IN RATES EXPECTED
Example of Western Roads Will Be
Followed, 1t Is Believed-Con-
gratulations Pour In.
Confined from First Page.l

railroads in Western Trunk Line terri
tory agreed through a committee rep
resenting them TO withdraw their rate
increases, and the President agreed to
drop the proceedings under the Shef-
man law begun in Missouri. there were
highly important developments in the
railroad situation today.
These messages came from many
sources and gave much satisfaction to
the White House. Some Of them were
from men high In the financial world.
The only question raised was how far
the President had gone in assuring the
roads the Sherman law would not be
used TO attack traffic agreements. Some
expressed the opinion that immunity
had been promised in other cases than
the one relating TO the Western Trunk
Line Association.
This was strongly denied at the White
House. Ia was said the President had
given no promises, save that the suits
began il Missouri would be withdrawn
If the Increases OF rates by the Western
roads were withdrawn
Morgan Man Pleased.
George ". Perkins, Of J. p. Morgan
{ Co.. who arrived in Washington to-
day 10 take up legislative questions af-
fecting railroads and the rate increases,
today discussed the rate agreement as
follows:
The railroad question affects man
ayers and owners of railroads, the
managers Of the Government, shippers,
investors, and the public.
The arrangement which President
Taft and Attorney General WickerSham
have negotiated gives 10 all these in
1erests what we have never heretofore
had IN this country, namely, an equally
fair plan Of procedure. When II be-
comes effective, which Will be IN the
very near future, the railroads, ship
ers, public, investors, and the Govern
luent will no longer be continually AT
variance with each other and the far
reaching. beneficial, and permanent et-
feet of this, can scarcely be overest!-
mated"
These developments related both TO
the railroad rate situation and the rail-
road bill. The conference with the
Eastern railroad presidents at the White
House occupied attention along with
the consideration of the railroad bill in
the House where the question Of
whether to concur in the Senate bill
was taken up.
Confers With President.
President Taft early today, before the
Cabinet meeting again conferred with
President FELTON,, Of the Great Western
Attorney General Wickersham was
present. II was explained that this
meeting was for the purpose Of going
over some details Of the arrangement
entered into yesterday Moreover. the
President invited IN Western railroad
Presidents to be present at the confer
euCe this afternoon, but they did not
think they could accept as they are
hurrying back 10 Chicago TO report "a
representatives Of the tWenty-fOur
Western railroads against which the
Government lately directed suit
Both Mr.. Delano and Mr. FELTON, ex-
pressed themselves as well satisfied with
the arrangement entered into, whereby
the Government IS going TO drop the
law and the rate Increases viii be giver
I'D 70 rthe present, 70 be relied under
the new law. President Ripley, Of the
Santa Fe was not present, having left
Washington last night.
After seeing MessrS- DelanO and Eel
ton, the President then talked witt
Senator Crane and Mr.. Mann, and Il
the new bill ought to be put into effec
on pas sage.
In pursuance Of this conference, tn,
President sent his special message tC
Congress emphasizing the need for put
ting the bill into effect without delay.
Congratulations for Taft.
Messages poured into the White Hous,
throughout the morning congratuIatinG
the President for entering into an ar
rangeent that would pring tranquility
10 the present disturbed financial stu
prfOD