Show I Railroad Racket New York 5An important traffic agreement has been consolidated between Hamilton and Gould by which a large amount of business coming over the Southern Pacific will become tributary to the Texas Pacific Missouri Pacific and Wabash liuea The alliance will have an important bearing upon the securities of the Ohesapeke and Ohio Wabash Missouri Mis-souri Pacific Texas Pne > > fio and Southern Pacific road It is understood that the move for the change in the management of the Erie had its origin abroad The impression prevails that the Gould and I Vanderbilt interests will appear in the board at the approaching election Jewett is soliciting proxies An Erie director said yesterday that an important move was impending New York 5 Two years hence an entirely new system of railroads from ocean to ocean will be in operationand already the better part of the great chain is completed Tbe termini will be New York and San Francisco The roads forming the route will be the New York West Shore and Buffalo the New York Buffalo Chicago the Chicago Milwaukee S St Paul the Northern Pacific and the Oregon Navigation Navi-gation Cos lines The system will bo ia direct opposition to Vanderbilta lines and the Union Pacific Railroad apd it is claimed for it that it will run through part of the country that supplies the greatest amount of travel and freight business The eastern line will be the New York West Share and Buffalo I Railway extending from New York to Buffalo The West Shoreas is called will be a powerful rival of the New York Central and Hudson River Railroad Rail-road The length of the road will be 425 miles some sixteen miles shorter than the Central General Horace Porter Por-ter is president Charles Bard vice president and Charles Paine general manager of the West Shore The company com-pany is composed mostly of capitalists residing in New York The second link in the system is the New York Chicago and St Louis road The distance from Buffalo to Chicago by this route 520 miles is twenty miles less than the LakeShore Lake-Shore which is the next shortest route The difference in time not including the advantage of lighter grade and curve it is expected will be between two and three bonra The entire right of way has been secured from Buffalo to Chicago and the work of construction is progressing at all points Five hundred miles have been graded and onlytwenty miles of grading remain to be done There is no truth whatever in the report that Vanderbilt is enterested in the West Shore road Both tbi and the new Chicago road will be inn in opposition to the Vanderbilt linear linea-r |