Show Kir Forn Kiby certain creoli fo and bearc KW jan alie conference to daiy diy between the 0 railroad lines west tf chicago and st lonh which lasted three licurs liours charles P um IS strong and frank 8 aoud ahu were appointed a committee nt alio last meeting to plans of and confer with tho interstate arte rte commission aub untied a rei ort and ilan in alie report alio bays it eliat in tho of adhere strictly to the agreement known as agreement of president of the ast 1st of january they have not bought to extend the provi tiona of that agreement or introduce loto tho present plan feu turca likely to excite discussion aliey have to introduce in the birn pleat possible form ilo ina cliine ry necessary to alie interstate commerce act and at the sune time to luaiki the january effective in order tho beaure results it is proposed that the association should be an association of presidents to the end that the highest of ficiala of the various companies may bo made responsible aoe to another alie plan appears to be in its entirety very similar to that of the proposed clearing house which created so much comment a short time ago it la substantially ly aa follows the object of alie association is the enforcement of the provisions of the inter deate commerce act and the establishment and maintenance of public reasonable uniform and stable rates in conformity with the provisions thereof also to secure complete reports of subject to the provisions of the inter state commerce act and other addic aa is deemed advisable the board of managers shall consist of an accredited representative of each company the president of which is a member of the association kates committees appointed by the board of managers for freig litand departments be constituted chose province it shall be to consider all proposed chances in rates rules and regulations of traffic subject to the association their conclusions when unanimous shall bo made effective when they so order but if they differ the question at issue shall be referred to alie board of manageri ma ud if aliey disagree it shall be arbitrated bit rated by the executive board a hereinafter provided the pr of through rates is provided fur one officer of each company whose president is a member of the association shall bo held responsible or the strict by his company of all rates aud rules established by the association alie board of managers shall hereafter establish such rules and regulations as it may deem expedient ent to limit needless outlay and reckless rec klebs striving or business through separate agencies or lie payment of commissions or they may if they deem proper totally abolish and forbid the same in whole or in part or cause joint agencies to be the expenses of which shall he paid by the associations the auditor of lie have authority to examine and chieck any and all accounts of catli company no vouchers or other form of which would require established rates or influence the routine of business shall be paid or allowed unless authority is given by the executive board comptrollers or general auditors shall be instructed by respective presidents pass no way bills expense bills claims or vouchers extended at rates or charges different from those duly authorized Orif cera mating reports to the association shall certify to their correctness and in case irregularities are charged doiy be examined under oath by alie executive board in presenting the documents on behalf of alie committee charles francis adams said the report and plan of organization had been discussed with the interstate commerce in detail they were not inclined to criticism criticise critic ise it and tx arced le decided opinion that aliis plan was a paiit improvement on anything et proposed which had come to their knowledge they suggested a faw alterations in it relating to the matter ut form and expression but in no case substantially affecting alie report all of changes alie committee adopted the report of the committee was unanimously adopted and the committee discharged by the th eft jt w estern after a discussion in ahu h tle trunk line presidents participated the resolution was passed by all present aliat the fundamental principles upon lie plan reported la based to tilt the anent of the interstate commerce law anil the arbitration 0 all between and hereby are approved app and will be adhered to in perfect in the proposed organization the following resolution moved by depew and seconded by It oberta wag unanimously packed by lie trunk line and handed to tie chair man with the request that it should lie incorporated in alie proceeding of alio mertici i that ve are in favor of the strict of the interstate act attlio of reasonable rates the principle of an association to en one objects under alie general scope of the report of the of presidents of roads aud that the trunk lina beuls should meet at alio earliest possible date to furin an association to carry these purposes into effect A resolution disapproving of the payment of cominis siong n as passed unanimously by all present excepting clr cabla of the chicago allock island and road alio objected to voline antil ins competitors not could be heard from mr said in berard to tha re marla made informally by about building parallel lines and the attitude of bankers thereto I 1 am quite prepared to pay in of alie houses represented here aliat if the can be formed practically on the basla submitted by the corn matteo with an executive able to enforce its provisions upon which the bankers shall be represented they are prepared to say they will not negotiate and will do all in their power to prevent tho negotiation of any for the of parallel lines or the extension of hues not unanimously approved by each executive committed commit teo the meeting than adjourned adlour ned and met azain at 9 aej discussed the details of proposed plan when a charge is made to tho executive baird that any provision of alio niter state commerce been violated or any rate icile or regulation by the association dis regard edthe accused ft ill bo given en days in which to reply and if after investigation vesti gation it alien should appear to hie executive board or a majority thereof that the is executive board fidall fiu all it such offense offence involve a violation real or apparent of alii provisions of the interstate commerce act forthwith communicate muni cate its anding the evidence in support thereof to the anter bbate commerce commissioners fur lucli action as said may deem proper I 1 urh ortence involves the the article f agreement and in addition thereto any violation of a provision of the inter abato commerce ait the penalty ba at not less than for each of fence the presidents abrea among them to immediately on lie recommendation of the executive any employed employ eo guilty of violation of any roynon of ahta agreement who ibal nol be engaged or emiil oyed by buy rot niber 0 abo ox dept upon ip 0 tha executive board alio bearil of managers lie to be by the agreement anil alie on luul tors lie in ani alven territory be into and for alio considers concerning emilli ep inee tings nay bo bield ahall as beekly to the members lu order to the sincerity Bince rity of alie and to a faunl upon binea can ija collected each fidall deposit and keep kooij in the bank to rw named by hie r tu alti ir credit aal to draft nl the executive board not less than in any nor more than ii i i inay be on or us aliu executive determine hiie of known as the agreement of jan let WI il as 3 portion of the articles of association at a inter kaidon the plan waa ap by section and was ordered engro soil for signa tarea alie meeting to meet at chicane on the rail ol 01 the chairman |