, 1880-09-21
WESTERN UNION.

Tho StOraeN Of f,ksikuErecmcntx Au,nur
the Officers OF This Telegraph Conn
pnny-No Probability Of Amy Radical
Cfian.cH III the Management at the
approaching Election.
Special Dhpatfh to The Chicago Tribune
NEW IONk. Sept. :D.-FOr s0n.e time past
there has beel II persistent attempt on tho
lart o( certain parties, presumably III tho
Interest pf sltccltat0rs, IN create the Iin-
Wrsslult In the public mind that tllerv were
discussions Iii ulu I}uarA Of management Of
tlle Western Uninn Telegraph Cn,nl,nny,
which would shortly lead tn tlla retirunurt
Of lis President. Mr.. Nurrln t:trou, nill u
general change In tho conduct Of Its utEair3.
Some days since II report obtained crudercu
III tho press of tho country That Gen.
Grant wonitl accept tllo place TO bo
nlatlc vacant by tho resignation Of
Mr. Gteell. The story IL now In
nctlvo circulation TINT ex-tiov. Morgan anil
President Green liave c0,nu TO a positive dis
agreement rs to tho policy to bu pursued By
the Western Union Cunluslly towards tho
American Union Telegraph Company, ils
rival organization. 1t il sal tint Mr. irccn
adsocHscsa II war Ut exter,nlllation ng..tnst tho
American Dmiail Company, anil wishes to
cut rates to such I'LL extent tlIat 1t will drive
the corporation Into bankruptcy uiid ruin,
whi'o Mr. Morgan wishes 10 adheru to u
strictly peace policy md tho usllll schedule
Of rates. 1t IL also rurnoscs tElRt there
IL scramble ,tin1ng tho Directors
to obtain proxies BY snnding ont circulars to
the Stockholders soliciting them, i.trl tat II
great ttenl Ut stock Inns been borrowed to he
used In the coming election, which occurs on
UGt. 8. These btHr movements have caused
tho stock OF the Westnrn Union TelegrApll
C0mpnllyto fnll uf suyeru puiMts iii Wall
street during Tho past few duys. An author
ltatlvu statement was lnado to-day 10 tic cnr-
respondent Ut THE TIlnuSE, by MI officer Of
tho Company, tliAt thcra WIS no truth whatever
III the sury. There 'Ias never beet. al,y prop.
osltlun to cut rates OH the nart ot tho Vest
cru Union Company, nor any ntta,tlpt mu,lo
by tho American Uniun Company To secure
working arrangement or any uNtleEst Md.
ing wl,atcyel viii, the Company, Tho bul,-
Of the !}hntst Ut Dlreeturs III shUrt, IL wis
t,llle!ally slated to Tin: TnlHuSE iuI,rpsrllla-
i've INIT tllhl1 lia5 never lItel grpatrr llnr-
,noy ,nt, nl, !Ia'AMilli!y anal!E t lnen'bers ot
Cunpally tla1l at tho present, ttlMc, 6tork-
aM!ai i i"sSl!ns I'll H. os's,ts9, !s anl q! 'ns e.
Mes'r!l a." yodat,, l1 torwaMl Their pFnxies te
tItl tllat orrasl0n. Thu attempt wtla llutu
~ Jny t;unk! u Co. to ultnln Il representa-
ttul! lll lh lH'ltlt TT DIRECTORS Df thu Western
uh!nll Company at tho elcctnn II yliIr NyU lii
which llD tailu.l. Stockholders are nov liz
lnE reuuestt! l'y circular IL forward their
proxies to t;otitd II Co. to lto used nj io
c0Hilng election, tint tllo alleged rul,,uls
policy u thu PRESIDENT, Suryin GREEN, III
cutting rAtes, ailtE consequently III reducing
dividends, may bu prevented. II WIS l,.-
luFctt ut tllH Company Utl!ce lt,-.lny that tjlo
coming ELECTION Ht officers fur tho Western
l!itthll wnNllt not result III my u.tlitAl
rl!nngc, either IN The l3uanl Ut Directors VI
utl!rrrS 0l tho Company.
Tho receipts OF tile Western lJnInn reEp.
grAph Company frnm tlo press during thu
yr.tr ending JUllu ~ nnIn,lts In rutlnt nlil,t-
!NiH t0 nbnNt q. !..n0,N0, Thu increase Ut
business frnln thls buIIrce fur tle t,,,st six
!ntliitl!s nyvr thu preceding stx months isnyrr
s'U,oOo. This ilcrrlsu Ut bl!s!Iics II ,cGGllnl-
etl fur partly nn nccuMlt Of tllD b,lslless at-
furleA by lhb two great National mIItlcAl
conventions and purity OH account uf tllu
general prosperity Uf ta1 country. Spceinl
press iltltss htvo nlsN been considerably IT,
sitiGest. ennbl!lE N.Atly small newslslpurA IN IT,
crlyH tIfrSs tcleEIal,s which wer1 not bcf0ru
lWetIlllar!ly nblu ~ receive them. prerara-
lI1lIs aru leing nla4tg fur further reduction
q special rsltts IL all newspapers east Ut tllo
ltocky AIUHMtni,,s. .Atltlitnul tacIlitjeS lllyu
been recently tbtAnet E1usl ntHl St,ittll, where
They lRye heretofore h.e,l lneuAre. Tie nuW
Sehrdule Will 10 lhth eifCct on tlct. la.