New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-02-08
xrwvonx DAILY TRIBUNE. MONDAY, FEBRYARY 8 1902

aserveds This reduction c. c. The The rich and poor
the powerful and the weak, the crafty ana tne
simple, to a common level before its wires ID
low AID disgusting. Hubbard's telegraph Is
tho thing for gentlemen. 1t will give wealth.
its nroner mower. 1t will allow to combina-
tions the advantages which are justly due to
strength. and will speed cunning and smart
ness on their lawful way to sweep up Market
or SCOOP street. Hubbard, your STOCK Is
sold
The sixth section, second provision, Is ue-
signed to divide the telegraph business De-
tween the old companies and Hubbard's new
one on the principle upon which the platter
was licked clean between Jack Spratt who ate
no fat and his wife who ate no lean-Hubbard
is to have tile fat. He is required" to extend
his lines "to cities and villages that may here
after acquire a population of 5000 inhab-
itants and over. Such lines shall be provided
between Washington, New-York, Boston, and
"Chcago, within twelve months from the ex-
"ecution OF the contract; to Cincinnati, st.
Louis and New-Orleans, within two years;
{" to every city and village of 5000 inhabitants
land over, situated east of the sixteenth de-
:" gree of longitude, west from Washington,
"within three years, and to every other such
"cty and village within five years from the
execution of said contract" East of the SIX
teenth degree is in effect east of the Mississippi
River. and is the seat of American population,
industry, and wealth. The lean OF the tele-
eraph business west Of the Mississippi, and
among tbe buffaloes and Indians, and through
the Rocky Mountains, and in all towns and
villages having less than 5000 people, is to be
left to the Western Union and other organlza-
tions. Hubbard, we burn to know you.
But it is a clause in the ninth section OF the
bill which expands our confidence in Hubbard
as an engineer of new telegraph stock into en-
thusiastic faith We quote: All messages,
except those marked priority on which ex-
" ira rates have been prepaid, shall be trans
Emitted in the order in which they are re-
"ceivedn Let this Postal Telegraph bill be-
come law, and Hubbard's lines be built or
bought, what immense speculations would take
place in Breadstuffs in Government securities,
Railroad stocks, in Gold, in Cotton, in Sugar.
in everything that can be engrossed or the
price Of which can be put up or put down by
the transmission of news, or the exclusion OF
newsl Clques in New York, Chicago, and
elsewhere, would devastate the markets
|
The corporate property and municipal debt OF
the whole country would pass into the hands
of a few men. Hubbard Telegraph stock sell!
Why, the fury to get it in Wall-st. would be
so great that the Commissioners to open tile
subscription books would be torn In pieces In
the struggle to obtain priority All that MIR.
Hubbard has to do to sell ten millions OF his
stock is to pass his United States Postal Tele-
graph Company bill, and get johnson to sign
| it. ....... .....
| Press your scheme Mr. Hubbard. Don't let
it go over to the next Congress. Try to pass
it at this session. Just fetch it once under the
fire of the yeas and nays of the House OF
Representatives, so that we can see how much
higher than q kite this job so swollen with
! patriotic false pretenses, so contrived for mo-
nopoly, so careless of the peoples interests,
so designed for robber-like speculations, can be
knocked.