The New York herald., 1877-07-29
HERALD SUNDAY JULY 49, ls77-QUADRUPLE SHEET

in the fact that double crewed and employed
o. md night but also In carrying nearly twice a.
cars formerly. We never knew what we
do IN the way Of economy until necessity COM
PEELED US to hnd out"
'srhen the bitter experiences OF the last few years
have not been without their value? ~
"In this particular good has resulted, but any inter
10 IS we as AND S
Is such large conservative class among railroad
men,"
"riow. then, did these troubles orgina,eyn
'Tbcy came from variety OF causes Many inter-
suffering just now, and thousands OF working
oi employment Naturally they are dis
conlented and disposed to stir ub strife Then the
granger movement has done incalculable evil In SOW
, ing ssov,. M ,hs 49, ,onrh ,h s,,naa mers must ,oaan
selves we'll as the roads Owing TO one cause and
another great jealousy has been excited among Ihem
against the railroads. but where would thoy be with
out the roadsf Besides they have nothing to tear.
Competition among The great trunk lines will con serve
their Interests II nothing else will.
Many goADs
Ihe Central road could do all the bus ness Of the
nve or SIX limos which carry freight to tho ssaboard,
and do II with ease. We do afth the entire carry
ing trade Of the country now and we could do the
other iourniths THIS excess in carrying iaciIIies
carried, think ought 10 show the people that they
have nothing 10 tear from the roads
FALLING IN BUSINESS.
"has business fallen OF TO any great extentf"
"lmmepssly, Where ran eighty trains "A day
year ago We are running only thirty nov. We stiil
employ as many men before aud have all lacili-
ties We ever had. Oi course were com PEELED 10 re-
duce wages, and time Also or discharge part OF
force. The latter alternative very 10th 10 adopt
The crops all The country good and the pros.
pect o. grea. European demand is excellent II This
prospect realized busncss Will revive aud with bet.
tor times will come better wages. II the outlook had
been as promising IN Juno as It is now It Is
possible. there would have been rsaucnon
aud consequently no strike As It "a We
could do nothing, and 10 SAID to our people when
they sent committees 10 me, Have | not always
ways acted toward you in a spirl OF irankncss aud
iairnessf Have NOT always made your interests
Identical with my owns Havo ever Jailed to keep
promise when l gave my wordf They assented to
everything ana then sad 10 them, Now 20 back to
work, and When this thing Is come mo- and If
there are any differences between we'll se,te them
as We have always DONE They were satisfied with
this and the Central Road Is running today because
the great body Of employees Will it. great corpo-
ration can only be managed by fair and just policy
and all our people know that If they have suffer in
times OF depression and duiness they will also share
in renewed prosperity would ralher pay man two
dollars than one for his labor, but wages regulate
themselves Tor, as said before If company under
to pay beyond its earnings 1t will soon be unable
''wna. remedy could you suggest against strikes Mr.
Vanderbilt? 7"
"lt would be impossible TO lay down anything which
could be applied remedy. saw two strikes
which were alike and ouch strike must be dealt with
according 10 It's peculiar condl ons. In the present
was only one course to pursue and thai was
practically 10 do nothing The employees Of the rail
roads could not afford to stop business any
the companies was determined guard the COM
pany's property as tar lay in my power not 10
attempt 10 do business by orce, aud Io that spite
the men from outside sources they would pull us
through ! am happy to say that IN this l have not
boen disappointed"
soorr's MISTAKE
Evidently Mr.. Vanderbilt thinks that II Is futile
employ the militia 10 suppress strke especially in
It's ncipent stages tor speaking OF tae beginning of
the troubles the Pennsylvania. road, he SAID -
"Scott. Notwithstanding no Is one OF the abest and
most farsecing men in the country made serious
mistake IN this matter, but quicker 70 sec
II than he was HIS road Is admirably organized but
NO organization Can guard against such whirwind as
swept over the country"
SOUND BUSINESS PRINCIPLES.
In the course oi the conversation Mr. Vanderbilt
uttered some sentences that may be accepted as
axoms oi business 1T IS impossible To contend with
l., 200 workingmen, he said 'uniess you have JUS
tice your II Is always we'll Tor great corpo-
ration TO sai close to the wind, but in times OF pros
pcrty 70 make wages AS nigh ~ possible. Our men
icel that, although may own The majority of tho
stock in the Central my interests uch affected
in degree as theirs, and although | may have my
millions and they the rewards o; their daily toll st,
we are about equal in the end II they suffer suffer-
anu II suffer they cannot escapen
Something worry like enthusiasm has been excited
here by Mr. Vanderbit's management OF the stock OF
the Central road and the manlness his course ls
especially commented on II he has no remedy Tor
encute when II Is threatened Il have been u manag-
ing man. he said ''ever since twenty years OF
age aud never had any differences with tho
men IN my employ. II VIC Offered compared our
but always as trends. IL Is my rule
TO treat my people as human beings, as
men, Tor the most unwilling OF all servants Is tho
man who feels himself slavo All the people on the
Central are fully mbued with sense OF their personal
independence, ana this makes them the most
ana careful OF servantxn
Tho astonishing part of all this Is the sentiment that
undcries Mr.. Vandorbt's manag rnent OF his great
tlment which put the trains in motion on Wednesday
night, ana has Kept them moving over since.