The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1914-01-09
elliott TO TELL
OF CONFERENCES
New Haven President Goes to
New York to See His
Associates.
NO HITCH ENCOUNTERED
Railroad Files Application to Retain
: Ownership of Fall River and
Sound Steamship Lines.

President Howard Elliott. of the New
Haven road conferred with Attorney Cen
eral MeReynolds again yesterday on the
plan for reorganizing the road. by which
It hopes to prevent an antitrust suit by
the government. Mr.. Elliott left last
night for New York, where he will re-
port to his associates upon the progress
made in the negotiations and seek advice
on steps to be taken in the future.
President Elliott will return to Washing
,Yton either tomorrow or Monday and the
conferences will be resumed. No hitch
has been encountered in the negotiations.
Mr.. McReynolds believes, however, that
a considerable period will be required for
the formulation of the terms of the agree
ment. The negotiations have reached the
stage when general discussions, which
have brought about the existing under
STANDING will give place to definitely
.crarsslas statements
Nrou-a Retain steamer Lines.
INC lost important development yes
.terdzy YES the announcement that the
frozt IA lied with the Interstate Com
IrsI.. Co omission application to be al
tagG q retain ownership and control
Of the Fsl River and Sound steamship
lines 70 the provisions of the Pana-
"ls cs.T act
80 Haven's alleged monopoly of
sEa4-ras transportation facilities-in New
EuETa5# as been the object of the gov
gr1rl-.. disapproval along with its con-
r. CONS With trolley lines and subsidi-
sgy rai.Tr Ids
Tae aama Canal act, it was pointed
cut tv department. of Justice officials,
rgovfC-s that railroads shall relinquish
fEasr ceilings in waterway carriers be-
co4e as /, 1914. unless before that time
he -grs tate Commerce Commission has
taken aifrmative action to permit their
retention
Thg A ornev Generals attitude is be-
Ns--a to be that. --ould the Interstate
Commerce Commission refuse the desired
permission, one phrase OF the govern
, ment's policy toward the New Haven
road will be accomplished automatically
land without recourse to the Sherman
law. In this connection, il was recalled
Athat the report of the Interstate Com
nIerce Commission upon an investiga-
ton of the road made last summer, en-
bodied expressions Of disapproval of its
outside financial operations
Should the commission turn now and
approve the application of the road for
a suspension of the inhibition embodied
in the Panama Canal act, the Depart
nnent of Justice will be free to attack
kthe steamship connections under the
herman act, on the ground that they
olive a restraint OF trade ana the At
hey General does not feel that the
-~-------' .a "a tnfr ..a ect would
s5Ual - ay- ~ Al a.aae decision
n The c.Inmlssi--l, should 8 h a deci-
sion be E-u5ered-
the rslnculshrlsue - tbe steamship
holdings constitute criy one Ease OF the
governments d5Hsnds A settlement
with record 10 Il WoaId simplify negc-
tiaflcns beg-ee1 the Attorney General
ara NJ Elliott for * vtcDin reduce their
iif.sreures 70 the cnes r9s u the dis
lpossi u trolley lines and subsidiary
TEisroads
The belief ~ cGlcisI circles IS that a
se5eia74il asTseT1eat Eirsa1 has been
reached upon the subjects q than the
dssDosai Q: the stean-ahlD pines.
youEd us~arce IT, ..Sads.
Boston, Tln. s.-Declaring that pres
ent railroad conditions in New Eng
LAND we're the result of decade of
lEwlsssness and mismanagement," Gov.