The Barre daily times. (Barre, Vt.) 1897-1959, 1914-10-19
New Haven R. r. Must Also
Dispose of It's Troll
ley Lines
BIG DISSOLUTION !.
ORDERED BY COURT
The Control Of Many Sub
salaries Passes into
Trustees Hands

New York, Oct. 1.-The disintegraton
of the great railway, trolley and steam
Iship transportation monopoly built up in
New England during the past II years
bv the New York, New Haven Hart.
ford Railroad company is prescribed in
detail bv decree filed Saturday with
the federal court by Attorney General
Gregory in the governments dissolution
suit. Briefly. the railroad trust must
divest itself OF vast holdings of trolley
and steamship lines and must part for
ever, and by public auction ii necessary,
with certain railroads brought under its
domination. including the Boston 4
Maine
The control OF many OF the New Ha
ven's subsidiaries passed Saturday, with
the filing Of the decree, from the roads
directors who have so long managed
them. into the keeping OF II men, termed
| trustees and acting as officers Of the fed
eral court These men will rule these
subsidiaries until such time as they are
weaned by sale permanently from New |
| Haven domination. The time limit set |
| for the final parting varies. but in no
case is it to be deferred beyond July |, |
| 1919.
Whether there will be linked under |
one management in the future the af
fairs OF the New Haven road and the |
fleet Of sound steamships operated by /
the New England Steamship company, /
j. to be determined later by the court |
after the interstate commerce commits
sion passes upon the application of the
New Haven company for authority 10
retain stock in the steamship company.
In certain steamship companies. however.
the New Haven railroad must surrender
its controlling influence.
The filing OF the decree Saturday
closed the civil proceedings in connection
with the governments investigation of
the New Haven road, The criminal end
OF the investigation still is under way
10 the governments dissolution decree
the railroad company consented; in fact
for time il appeared as il the big mo-
nopoly would be dissolved without the
fornaity Of a government suit. An
nth hour hitch in plans for the disposal
of the Boston & Maine railroad stock
provoked the filing of dissolution suit.
Once the suit was fled the government
and the railroad speedily came 10 terms
and the present decree was drafted Tn
der its terms the suit is dismissed
against all individual defendants and
certain corporations subsidiary to the
New Haven and the remaining defend.
ants are found guilty Of being a mo
nopoly in restraint Of trade.
The single exception 10 this finding
was the Boston & Maine railroad. which
Is controlled by another defendant. the :
Boston Railroad Holding company. The
petition against the railway company q,
Vas dismissed without prejudice. &
The governments complaint is dis |,
missed by preliminary agreement in 50 :
lar as il applies To all defendants. in. q
iividual and corporation. with the OK
option Of the railroad company itself
he New England Navigation company
he Boston Railroad Holding company :.
he Providence IS Danicson Railway
ompany and the Boston & Maine Rail
Dad company The decree provides for
hree sets Of trustees the first 10 take
'ver the Boston 4 Maine holdings OF -
he New Haven, the second 10 take over v
he trolley line holdings in Connecticut; ii
nd the third TO take over the trolley q,
Inc holdings IN Rhode Island. These
rustees are 10 act as officers 0f the -
curt in carrying ont the methods pro. 81
ided for the ultimate sale Of the hold. u
1gs. Each set Of trustees Is composed n
five men.