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Railroads Abolish Pooling Arrangements

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Pacific Press Publishing Company · Oakland, California · Mar 19, 1902

FromSigns of the Times, Vol. 28, No. 12.

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Railroads Abolish Pooling Arrangements

THE managers of the various railroads centering in Chicago voted on March 6 to abolish all pooling arrangements, and all associations organized for the purpose of carrying out pooling agreements. This action was due to the fact that the attorney-general has decided to prosecute all roads having pooling agreements, and which are thus violating the interstate commerce and Sherman acts.