On December 22, 1915 — Organized Baseball and the Federal League sign a peace treaty at Cincinnati, ending their two-year war. The FL agrees to go out of existence, but the Major Leagues pay an enormous price: $600,000 for distribution to FL owners; the amalgamation of two FL franchises, one each into National League and American League; recognition of FL players’ eligibility, and agreement to bid for them in a Fed-controlled auction. The owners of the Baltimore Terrapins, hoping to get the Cardinals, balk, but conferees, eager for settlement, defer their claims – a decision they will repent at leisure when the Baltimore owners take their grievance all the way to the Supreme Court.
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