The daily gazette., 1881-02-22
SECOND EDITION
Astounding Revelations.
A COMPLETE CHANGE IN THE
RAILROAD WAR.

THE p. w. d d. r. r. SAID TO HAVE
PASSED INTO THE CONTROL OF JAY
GOULD AND THE b. , o.-PRoBABLE
TRUTH OF THE RUMoR.
Railroad complications have been ex-
citing enough during the past two
months in this State, but the most as
founding feature came to light this morn
ing, in the probable confirmation of a
rumor to the effect that the Puiadelphia q
Wilmington IL Baltimore Railroad had
passed into the hands of Jay Gould aud
the Baltimore q Ohio corporation. Such
"a rumor almost took away the breath OF
those who heard it. 1t seemed astound-
ing, and everybody smile incredulously
at the first reception of the news. But
minute by minute the rnmor gained
strength, and by ten O'Clock people were
saying "Well, it must be so.".
The news first came to Wilmington,
last evening, and by nine o'clock it had
been announced by one and corroborat-
ed by another railroad magnate. This
morning the information became spread
among the public, and the excitement
rau high.
WHAT WAS SAID.
George q. Gordon, Esq, counsel o
the p. w. IL b. r. X. Co., heard the
news with quiet complacency, and sait
he knew nothing about it.
Henry g. Robinson, ESQ.,, had moi
even heard the rumor until nearly nine
o'clock, and was strongly inclined te
doubt it.
Among the lawyers the opinions
varied. Some damned the b. & y. off.
cials for treachery and lack Of good
faith in regard TO the 0elaware West.
ern bill, while others asserted that Col.
IL. S. McComb, tired of the dilly-dally-
ing of the Legislature, had exercised
his well-known railroad shrewdness to
get his plans developed without the aid
of the Legislature.
But here the question comes in: tIs
the Delaware Western in this little
arrangement or not ?"
The Delaware Western people held a
meeting, little caucus, so to speak
over the matter. The result is not known
but If ID. w. is in the game it cuts out
all chance of aEV other corporation us
ing its franchises for competing line,
and leaves the monopoly greater than
before and in entirely new hands.
Levi 9. Bird ESQ.,, thinks The Pennsyl-
val "a r ilroad is in league with the b
& D. In this move. If this is so then the
monopoly is complete and crushing, ant
ID the railroad war that has so com
plelY stirred up Delaware the people hay,
received black eye.
THE FACTS OF THE SALE
briefly sta ed, are said to be as follows
Alarmed at the prospect of compel
ing line. "My Boston Stockholders,
who control the P, W. 81 B. Railroa
becoming alarmed at the prospect c
a depreciation of their stock consquen
upon the construction of competing
line, pooled their stock and placed i
| in position for Immediate sale. ia
Gould owns the Centra, Railroad o
New Jersey and is the prospectiv,
controller of the great Reading corpo
ration, thus insuring his control of th
| line between Philadelphia and New
York. The b. s. o. officers, seein,
the opportunity of buying the connect
ing line between Baltimore and Phil
adel ahia, which is certainly prefera
BILE to building line, and being alread,
in relations with Jay Gould's line t,
New York, join with him in forcin,
the Boston stockholders to sell out
holding the prospect of a competin
line over them as threat to compe
| terms.
The sale, it is said,wa consummate
last evening, in the office of Drexel
Morgan u Co., in New York. III
figures are not yet made public.
WHY SO SILENT.
The telegraph monopoly, practical.
ly controlled by Jay Gould, can be as
signed as the only reason why tn
prospective sale of the P, w. & B. r
X. stock, and subsequent operations
| we're kept SO carefully concealed from
the public.
Fully developments are expected b,
noon, to day, and will be fully detail
ed in the GAZETTE.
THE DELAWARE WESTERN OUT.
The Delaware Western, it is no,
| known, is entirely out of the new com
bination. Col. IL. S. McComb ant
VIM. IL, Vanderbilt, of New York
were both offered the opportunity @
becoming associated with it, but de
clined. Col. McComb declined be
cause of tho position he had place
himself in before the Delaware Legis
lature, as he desired to act in perfec
good faith.
The d. w. bill will still be press
ed before the Legislature, and there
yet hope that the people will be save
from monopoly more crushing tha
ever.
| r,,YrY NInuy Dnnnr