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Show il DISSOLUTION, A NEW PLAN 1 Union Pacific Will ft Not Demand Ex- elusive Privileges I Over Southern Pacific A Property at Benicia I Reduce Offer For I Purchase of Road Sun Tnnrcn May 15 --The San Francisco Chronicle publishes the (statement that according to c-onfldeo ttal advices received here, the I'nion Pacific has devised a new plan for the dissolution of the Union Pacific Uf and Southern Pacific and Is prepared to submit It to United States Attontej Itieneral MrReynolds It in prohable says the report, that the plan will be laid before the stat.- railroad Commls-slon Commls-slon Informally w ithin a few da t, in order that a prior understanding with the commission ma be reached before be-fore the plans are made public it Is stated the T'nlon Pacific seeks pnn clptJl) the purchase of the Centra' Pacific It is Hated, according to the advi mM ce received, that the I'nion Pacific Is wllltrjfr upon certain conditions, to withdraw its previous demand for any exclusive privileges over the South em Pacific property, thus opening the way for the Western Pa If lc and Atchison, Atch-ison, Topeka k Santa Ke to claim a share of the business on the Henb la Short Line and a share In the use of the industrial tracks thereon , In delsing the new plan however, it Is staled the I'nion Pacific cuts a,, down Its offer for the Central Pacific by approximately 12,000,000 Its original orig-inal offer was $103,000,000. Should Divorce Central Pacific. - c Washington, May lo Attorney General McKeynoldB lias reached I en tat I. e ( lslon that the Centra H clflc railroad should be divorced from I the Southern Pacific In the dtssolu- tlon of the lnlon-Southern Pacific I merger His conclusion, however, i. 9l not final crnl began the examination of a mem-sjK mem-sjK orandum fileii bj ihe Southern Pa- , ' nol n ' I frr the Southern Pacific to give up I i,,thc Central Pacific. former Mtorney General Wicker I i . v in-.tr-teil ih.U the Southern Pa-:: Pa-:: 9 HnfTc surrender Ihe Central Pacific mv 1 de r threa' cf a suit under the Sher-H Sher-H man anti-trust law to accomplish thai I result and Instructed former Solicitor B ( . . p -m 1 Puilliit to prepare one .M The final attitude of Attorney "'.on I l eral McReynold on tbe quertlon prob-)Jl prob-)Jl F ablv will be a determining feature in mm the" plan of dis oh mi on IV pjj - an s mbern Pai iflc. |