The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-24

The Government also asks that all sales
prayed for he made under the supervision
and direction of the court TO persons NOT
stockholders or agents or otherwise unner
the control or influence Of the New Raven
company.
Although the Government alleges that
New Haven monopolization Of New Eng
land traffic began in 1890. IL CITES as the
starting point OF that tendency meetng
on March s. 1893 at the home OF the ia'e
J. Pierpont Morgan in this city ~ was
a. this meeting that an agreement was
reached between the New Haven ana the
Boston and Maine TO divide the traffic In
the New England states and also as 20 the
disposition OF the disputed Boston and Al
bany Railroad property.
The New Haven was represented on this
occasion by MIR, Morgan, Charles T. Clark
Lucius futile and william u. BISHOP
committee named for the purpose. Inc
Boston and Maine spokesman were Frank
Jones. Samuel c. Lawrence and George o.
Haven a. a committee, with w. +. Berry,
the traffic manager, as adviser.
In the Government suit an account or
this meeting and the preamble ana agree.
ment both OF which were later accepted
by the respective boards Of directors, are
set forth AZ Exhibit l.
The agreement contained the FOLLOWING
points which will bo important matter In
the trial Of the dissolution suit;
That the Boston and Maine
should not construct lease or other
wise acquire the ownership or control
Of the Boston and Albany, but would
approve OF the requirement OF the
road by the New Haven.
. That the New Haven should not
acquire ownership or control or inter-
est In any railroad north Of the line
OF the Boston and Albany hut should
approve the requirement u the same
BY the Boston and Maine
3 That both parties should inter-
change as far as they LEGALLY and
pruperly could an the business orig
mating and t"rWuatng In either ~
tho re- pective territories, upon sucn
Joint rates and divisions as may be
agreed upon by the proper oni,ers'
4 That in case Of disagree
mont the question should he referred
a. committees OF three from the re-
spective boards Of directors.
:, Thai the agreement should re-
main IN force for one year from date
and thereafter until the expiration or
twelve months after written notice
should be given by either party OF
its desire TO terminate the same
In 1898 New England had ten rallroa
systems and twenty-one boat lines. III
Government asserts The Canadian "a
enc and the Bangor and Aroostook raj
roads are not considered AS they did M
substantially compel" with the others II
tWcuty-oue water lines We're operated !
seventeen companies
sine Of IN, railroad systems were II
dependent and the tenth was controllt
ly another, Sixteen of the twenty-oi
boat lines were Independent and five We
controlled hy three of the railroads
the brief SAYS The trolley lines we
independent Of the railroad and boat lin
suf were their potential and to some g
font actual competitors I
= mo independent railroad systems we
\ potential and u a substantial degr
'ual competitors OF one another and
most ui the boat lines. which In tn
were actual competitors of one another
well as OF the railroad systems,
10e New Haven company constituted q
OF the ten railroad systems. operated I