OCR Text |
Show Transportation War. New York, 7. The Tribune says a bit'er war has been inaugurated between be-tween the Panama railway and the Union Pacific and Pacific Mail interests. inter-ests. When Sidney Dillon associated with and entered into the administration administra-tion of the Pacific Mail Co., almost his first act was to endeavor to arrange a working basis which would be generally gen-erally satisfactory, while representatives representa-tives of the several companies agreed that such an arrangement would be desirable, yet there was such a con-fleot con-fleot of opinion as to what would be a proper division of the profits that the conference ended and at the annual election for directors of the Panama railway on Monday, all the Pacific mail representatives were dropped I from the lit. Immediately after the organization of the Panama directory, (yesterday, the Panama company i passed resolutions giving notice to the i Pacific mail that at the end of ninety , duys the present contract regulating I a division of profits would be abro-' abro-' gated. The Pacific Mail directors caused word to be sent to the Panama 1 company that they would waive the ! ninety days' notice preferring that I the contract should be abrogated at I once, the intention being to ship j Chinese freight over the Pacifio road instead of by Panama as now, allowing allow-ing the Pacific Mail ship company half the receipts for freights between China and New York, for all freight thus carried. The Panama people, not to be out done, threaten the Pacific Mail witha rival lineof steamers, steam-ers, which will be runjn the interest jof Panama. |