| Show More Railroad Consolidation Schemes Speolalto Tar HERALD Examiner Dispatch New YORK Misrch3Another important meetingof railroad presidents it is said on good authority has been called and will beheld be-held in this city in a few days President Manvel of the Atchison is now hero Vice President Clark of the Missouri Pacific and Union Pacific is expected at any moment mo-ment and the presidents of nearly all the other largo systems are either already here or uri said to be on their way I is asserted as-serted steps will be taken at the meeting to make the recently adopted rates permanent Jay Gould is understood to be working for a more binding agraeinent than that which now stands All the western roads according accord-ing t the story have agreed to enter into a new and stronger contract except the Burlington and Rock Island which refuse to join in any new association Parties dentided with Gould say that conferences have been held since President Manvels arrival looking to the consummation of his scheme to consolidate the Missouri Pacific Union Pacific Southern Pacific and Atchison At-chison into a new company and that the scheme is very close to being carried out The address was a thoughtful discussion of the railroad problem Judge Cooloy inclosing in-closing said There are mischiefs in the railroad service that are outside of it but we distinctly indicate the main source of the difficulty when wn nlaco our flncrftr un on the power that exists now to make and unmake rates for passenger and freight transportation So long as 500 bodies of men in the country are at liberty to make rate sheets at pleasure and to unmake or cut and recut them in every direction at their own unlimited discretion or want of discretion and with little restraint on the part of the law except as it imposes a few days delay in putting the changes in force the problem will remain to trouble the te Unit Stases Owing to the mero existence ex-istence of the pnwermaking bosses disorder dis-order and confusion are constantly imminent session Some paper were read at the afternoon |
