New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-01-29

ora,h He said that in the United States the man.
agement of the telegraph service like that OF oper-
at1nR RAILWAYS had been delegated ~ Corporate Or
ganzations and in the absence of proper supervision
and control serious abuses had crept IN, and inc
pub lie had been taxed much higher for the use OF
these inventions than was necessary 10 yleiu 10
eral return upon the capital invested " '' t
gave history of the telegraph companies lie oe-
lieved that something could be done To ENCOURAGE
competition between corporations; but nhGer INT
present system they only made eacn olheI o'l
or forced combination. Ii was the duy OF DieI-
chan TO work 10 defeat cOmblnatlonS, anu DC Nc
lieved, il vigorous protest were m"ue, IN h"ehI
ment to the law of 1870 could be pn'ueu Ihiouen
before the consolidation was Effected. joan ..
Henry hoped that all legislation against coinoDa-
tons would not apply to the present scheme 81 con-
sOlidatiCn alone mt would u" gtueLal III us &
ter so as 10 eject all future attempts In SUCH uIec
tons. .t,n
NJ. NJ Vail believed that if there was over another
civil war II vould be among the people lighting LOT
their rights against cOrporated companies when
were born without q soul lie dld not WISH W
own the stock OF such corporations unless 10
conId own if as jay Gould always did hls-with
probability of some time selling out for a c0mDlla-
lion. simon Steme, Mr. Herrmann, and D. Is. Law
ton spoke in favor Of me FOLLOWING
Whereas The electric telegraph has become ndspens-
able In the daily life Of large proportion OF tne
Social and business interests, anu having be.
come necessity OF taue WITHOUT when ~
would be- impossible to carry II on successfully at hOLo
Whereas Inc corporations established under the an;
tboy f The laws state aud operating IN hs anu
OF ner States have consolidated wlth ana from time 10
time been absorbed luto the Western Union TELEGRAPH
COMPANY thereby bringing the entire system under one
management and destroying all competition between
what were rival companies, which competition was
greatly for the benefit OF tho people III tue reduction OF
cost in seudlug te egraphlc messages anu - ,.o.
Whereas The Western Union Telegraph Company naS
a, times of such cOnsOd itiOns with rival ana compel
ing cOu pane, and at other tmes ISSUED 10 nOIuer' VI
It's stock additional shares. thereby hclt0usy ncrtas
inv The stock until the aggregate will reach S0000O0O,
OF which the increase, what Is termed "waler, Is
100000 600 to $4,000, 900 upon which the pnblc n
eonped to pay enormously high rates for the use OF
tine telegraph, that the company may declare latee
the ctiiious or waiered stock eliminated rates could
probably be reduced to one"urth OF those now charged
and even then allow the company To pay large uVld"nls
on the capital actually used 10 DuId ana MAINTAIN tnc
Rrs,lrcd. That the New York Board OF Trade and
Transportation condemns In the most emphatic Ian
lIago proposed consolidation 81 thr tti"riph COM
pauIes because Is step III the direction ot
further Increasing and p"rpetuatinS ggamlc n"nop,
oily which. II consunnated Womb he o great ma 10
the ueouc. iii competition WhtCu hhS tHsl"u
ana which has proved to bc for their bc ~ IN tue re-
ducttnn or r. es viii CEASE when both companies
Resoired InaI We view with alum the steady en-
rlts by corporations upon the Of the peU-
p, tuat we deem 1t that check he pat upon The
,yste,ln. o. STOCK 10 the detrmrnt inc public aut
cad LOu our Legislators 10 enact laws ""u' utaJ "
Res6ircd That this Board urges tie repeal OF hc PC:
of fur l iafrir, OF tns Stlc. uHicr wlch IN" pro-
posed consol.ia would be u!"ac Known - On p,tr
5G5 Law, % so, or MAJ II be 80 anendd - TO pre-
ven; the proP'eei consolidation. ,,.., , ,,
Rrsr,d inaI cope, OF tu.r resolutions he WaIhri
To u-trls OF the EIsidll.c Oi t1a state AMI 10 Con
grc- hat Congress also b. Requested 10 TAKE hhe
dIdte acton
4 committee OF five was pointed to confer with
other CORPORATE bldlcs 10 enlist their a~isitLcn IN
the movement. / ue Hic1lurit CT the association
were appointed Il oOumItlc" at the Wr"" I" s"Hrit
raues 10 a petition 10 hr sent uu toy t'r R"aid.
,Xtrcn thousand of these prtl,pis. IN duplicate,
", re- sent Throughout the state Yesterday me
petition dcIuaHG- the Immediate repeal "i Ch"pr'
JGS Of the Laws of $50 winch provides th1i any
company oI in2rd under the Stale Laws n'' s"il IT.
lines OF telegraph ana franchise I" any "hi COM
piuy, that any other company may PURCHASE lhr
SAINT and Tat COMPANIES may issu" stu'k ~ pa
mcnt aud receive Inc stock of O,h'r coinpdni's ~
pas ulcnt for SUCH lines.
/ meeting OF committees from tho 81 LOUIS
Cotton Exchange from l}usiOn. and The t0t'nu AMI
Producr IXcnauycs OF rms eng vail lee h"id To- iay
To- consider tire atVl-Ibin.y al taxing nr'~ui'' {"
prevent the pop SD consolidation oi tuo trlp1-
mes / he conference VIII br prlNAt"