Reply of John W Garrett President of the Baltimore And Ohio Rr Co to Willia
Reply of John W Garrett President of the Baltimore And Ohio Rr Co to Willia
Baltimore And Ohio Railroad Company.
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President Vanderbilt gives as a specific reason for his course, whilst really there has been, as he accurately states, " no war of rates ; that he knows of no war, and that he is fighting nobody ;" that he wishes to make railway property so unprofitable that the building of lines parallel to his will be stopped through the inability of parties connected with them to raise the money for their construction. Very clearly did the Presidents of the Trunk Lines see, at the meeting, the proceed- ings ...of which have been presented, that President Vanderbilt is seriously alarmed at some very important changes that are taking place in the railway interests and connections of the country. He is gravely alarmed to find that New England, which was formerly subject to his control, in rates, through the connections of the New York Central Road, is being opened for the competition of the Pennsylvania and the N. Y. , L. E. & W. And the Baltimore & Ohio Roads. He sees too, that his imperial sway over the cities and the regions upon his lines through the State of New York is about being affected by the construction of rival lines.
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