| Show M JAY GOULDS PLAN For a Clearing House for the Western Railroads Revived t CROOKED LAD ENTRIES I IDAHO Under the Desert Land Act Taking the Oath I I of Office sit Boise Shotffiins a Evidence Evi-dence of Prosperity f PrOsIJcrlr OMAHA Nov 1OSpecial telegram to Tun HtiuwA Bcc special from New York says For two ers Mr Gould has j been very much dissatisfied with some of the workings of the interstate commerce Jaw a well as the management of some of tho railroads These two causes combined have operated to depreciate railway secu rlties and lessen tho lesen earning capacity of the roads Consolidation being out of the question for a time just now Mr Gould set his wits to work to see bow pooling might be revive within the letter of the law He is believed t have conceived a clearing house system with headquarters to be located I I lo-cated either in St Louis or Denver where I by united agreement business may be apportioned ap-portioned oa common rats receipts received re-ceived and credits or debts entered up against each ono of tho corporations Its general operations would be something liko that of the banking clearing house although I many of its details it would necessarily differ After Mr J Pierpont Morgan recovered from his sudden illness a few weeks ago lie started for the northwest in the interests inter-ests of the Vanderbilts Mr Gould at that time was on one of his periodical visits to 1 I his properties in the southwest Correspondence Corres-pondence passed between them and eich returned re-turned to New York by different routes anu reached here about a week ago It was ascertained that they have had one or two meetings since at Mr Goulds house and at Mr Morgans house and therefore either some sudden emergency arose which made it necessary for Mr Gould to call on Mr Morgan yesterday or else some business busi-ness was t bo transacted which required Mr Goulds presence at Mr Morgans of Dec There is little doubt in the minds of the best informed men of Wall street that 3lr Gould has been laying before Mr Morgan Mor-gan as the representative of vast railroad I interests in the west his plan for west a western west-ern railroad clearing house association I this proves true and Mr Morgan is brought 1 over to Mr Goulds views we may have speedily a development in the railway situation sit-uation of the west of extraordinary interest inter-est and importance i |
