Show INVITE n FRIENDLY RELATIONS New Policy For Southern Pacific Pani c Un Under Under der President Hays New NewYork Tork Oct 30 The Mail and Ex lix Express press says today The appointment of Charles M N Hays to be of the Southern Pacific company will mark markie ie beginning of many important Changes in the western railroad situa situation tion as well as in the management of the Southern Pacific system itself In the first place Mr aggressive and independent policy with reference to competitors will give way to a more friendly spirit and It can be beI I said that early steps will be taken to toi i renew the old traffic alliance on a basis closely resembling a pool Mr Hays while with the Grand Trunk railway pursued a policy that was calculated to make friends with western roads anti and his intimate knowl knowledge knowledge edge of the Grand Trunks rival the Canadian Pacific will enable him to protect the Southern through traffic to the Pacific coast without irritating irritating tating all of the other transcontinental lines as Mr Huntington sometimes did So far as the Pacific Mall Mail Steamship company is concerned it is now con considered likely that it may be controlled in the joint interest of several of the big western railroads and that it wilt will no longer be used as a handle by bythe bythe the Southern Pacific Such a joint con control control would woud make for the improvement of the business of all the railroads and andall andall all would be great gainers It is said that Mr Hays has been given to te understand that closer alli nIh alliances ances between the western roads are contemplated and he will manage the Southern Pacific along these lines In regard to the Southern Pacific It ItI itself I self Mr Hays will pursue much the j same policy that he has on the Grand GrandI I Trunk and Wabash His constant aim aimI I has been to cut down operating ex ax j 1 I without injuring the road roadA i A more friendly policy toward the At Atchison j chison will be pursued and It Is ex on i that there will be some under understanding understanding standing between the new companies I as to new construction wherever their territory just ns sea in the case of the New York Central and Penn Pennsylvania Pennsylvania sylvania |