Jasper County Democrat, Volume 2, Number 6, Rensselaer, Jasper County, 20 May 1899 — A GIGANTIC RAILWAY TRUST. [ARTICLE]

A GIGANTIC RAILWAY TRUST.

The Railways o< Ftoe State, to W Clatter <tae Management. In the course of a few weeks it » expected that a railroad trust will reartral all the lines between Boston and Ctaeag*. The principal object of the eonsblidatis. is to prevent rate cutting, and ia this respect the trust will take the ptaoe «C the Joint Traffic Association which the Supreme Court of the United States decided last fall was an illegal organisation. The Vanderbilt, the Pennsylvania and the Baltimore and Ohio lines each rente's! a great many short lines, and these giants are now negotiating the trust which wfft virtually place under one eseretire management all the railways in New Teak, Pennsylvania, Ohio, Indiana and HGassta While the lines will all ta under roe executive management each of the three Mg systems will directly control the walhw lines along its main arteries.