The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-04-07

IN She minus OF atl, ana u now appears az II he
were attempting to win fresh laures by making
a raid on the Union Pacific Railroad Company.
The most significant and most disgraceful feature
of these contests between the railroad companies
and the stockholders of Wall street Is the man
ner in which the judges of the New York courts
lend their aid in embarrassing and crushing
those who refuse to recognize the supre-
macy of their Wall street friends.
wits ana counter writs are
issued, and all the machinery of the law is
put i'm operation with recklessness and open
defiance OF public opinion which would be
astounding in any other locality than New York;
and the result has cen hat the stock, in many
OF theEcompanies that have been thus ANNOYED
is nearly worthless, as persons who have money
to invest pref to lut it where it will not be at
the mercy OF a ring of gamblers and n corrupt
judiciary.
Some of the New York judges have been much
PRAISED of la:e for their severity towards crimi-
mails, and the stern manner in hich they have
meted out justice to the murderers and thieves
who have been convicted i'm their courts. This
action would be entitled to universal commenda-
ton if there was reason to Ielieve that it was
prompted by sincere Gesire to protect the COM
munity. The unprecedented rigor of one or two
New York judges lately is well known to have
cians who had lecome alarmed at the impu-
nifty with which crime is committed,
and feared that an outburst of popular indgna-
tion would rescue the city from their control
We have no faith that the paroxysm of virtue
which has afflicted the New York Judges of late
will produce any permanent effects; on the
trary, everything indicates that the whole judi
ciary Of that city is corrupt and entirely under
the control of ring of sharpers who use the
forms OF law to accomplish their own nefa-
rious ends
That such state of things must be injurious
to the business interests Of New York is APP
parent. The Union Pacific Railroad and other
great corporations who now have their princi-
pal offices in that city, cannot afford to be an
noyed by constant ltigation; and every con-
sideration of interest and duty demands that
they should shake the dust of New York off
their feet, and establish their headquarters in
some more promising locality, where they will
receive protection and not annoyance from the
courts and officers of the law.
There is no city on the continent better
adapted for a great railroad headquarters than
Philadelphia Our judiciary need enco-
miums: their integrity is well known, and it
would be practically impossible for such men as
Mr.. Fisk to carry on a system of legal intimida-
tlOn ana Dackmall mere. MatterS nave now
reached point in New York that imperatively
demands some decisive action on the part of the
Union Pacific Railroad and other companies.
With no legitimate reason for it, their securities
are below par in the market, and they always
will be practically yalueless if the present state
of affairs continues. The directors of these
corporations know their remedy; and If they
were to remove their offices to Philadelphia, the
result would be apparent Immediately in the
advance of their securities and the increased
confidence which all ersons would feel in their
stability.