| Show f = = = = I BIGGEST COMBINE YET I vanderbilts and Pennsylva niato Form an Alliance ARE AFRAID OF INVASIONS rho Two Greatest Bnllrtonds in the World Will Join Forces to Word Off the Invasion Into Their Tcrrl L tory of thlj Dreaded Gould and the I Grand TrunkWould Mean n Vast I Financial DealIJ L Downing 1 Quits St Paul to Look After Wool on Union Pacific Railroad Notes Cleveland Oi Sept 13The Leader today 81 yH A financial alliance has been formed by the two great railroad factora In the Eastern field the Vanderbllt Interests In-terests and those of the Pennsylvania system The working agreement haa been close In the past but it has never come to un allotment of terrllory and division of property as the new arrangement ar-rangement entails The new combination grew out of a competitive movement of several months ago The two big Interests were mutually Interested In the bltu ruInous > coal fields and In the hard coalfields coal-fields as well The Pennsylvania system sys-tem predominated In the former and the Vanderbilts In the latter By an understanding thq Vanderbllts yielded I l the soft coal fields to the Pennsylvania In return for a similar concession on the hard coal from Pensylvania The Eastern field was threatened by 1 Invasion Inva-sion first by the Gouldn and later by the Grand Trunk and these hlg financial finan-cial IntorpflU wanted to preserve 1 the territory for ihoinnelvc and the ties that had bpen formed by the coal deal were strengthened In the endeavor to protect the EaiMrrn field I The Intcr cIR of the two big houses were growing grow-ing gradually together and soon re suited In an understanding such as has been now notched A short time ago just before W K Vandorbllt went abroad Mr Cassalt thr president of the Pennsylvania raIlroad raIl-road wnnt to New York to call upon him This Is the meeting of which so much wan conjectured at the time but so little known definitely At that time It was agreed to form an alliance of fonslvf and defensive In the I East to completely control the situation and exclude ex-clude all others from that field except the fnored members of thc alliance The combination of Interests makes j one of the biggest deals that has ever been seen To consider the vested rights of the two big houses east off of-f Chicago to say 1 nothing of their prop arty went of that point gives them a capllallxatlon of over two bllllona and mileage of over 20000 The organization promises to be the L most dominating that has ever boon R formed The aim of It Is i lo control > the transportation facilities belween Chicago and St Louis the Great Lakes Ohio river and the Canadian boundary T nnd the Potomac through to the Atlantic Atlan-tic eoRBt In that terrllory they will legislate rateR and eondlllons and do about as they please subject only to the Interforonce of the Interstate commerce com-merce commission and It Is I their aim to block the progress of every other road which tries to Invade that territory k terri-tory They arc not content with the i establishment of a I supervision and L oversight of the transportation facilities facili-ties of that terrItory hut also control the coal mines many of the steel mllla and all of the elevators for the export nnd trnnashlpment of grain The roads included In the combination are the New York Central Pennsylvania Baltimore Bal-timore Ohio Chesapeake Ohio Norfolk Nor-folk Western Philadelphia ReadIng Read-ing Lake Shore Big Four Michigan Central Nlrkol 1 Plat > Boston Albany Baltimore A = Ohio Southwestern Vera MnruiieUc Hocking Valley and Lake Ere Western The aim of the organization la to dominate truffle between Chicago and St Louis tH Great TAkeR and the Ohio river nnd the Canadian boundary and the Potomac river through to the Atlantic At-lantic coast |
