Delaware state journal. [volume] (Wilmington, Del.) 1870-1883, 1881-03-10

tfhee on national politics, concerning
which the people Of the State have spoken
their mind with sufficient pertinacity for
n score of years to make their opinions
understood, and join hands in State
campaign OFT State issues, which for lis OF
New Castle county shall have the one
object of Just representation
~
The New Railway Revolution.
Special and Associated Press dispatches
To Tuesdays EVERY EVENING announced
the latest and most startling turn in the
negotiotions to secure control of the Phil
adelphia. Wilmington 4 Baltimore rail-
road. This time a controlling interest in
it has been sold to the Pennsylvania
Railroad Company, and we are informed
that the persons making this sale have
the stock in hand and are able To deliver
what they have sold. 1t seems quite
plain that the former transaction was not
OF this character, and that Mr.. Thayer had
not the stock which he contracted to
deliver, and that the opposition syndicate
organized i'll Boston has been successful
in preventing him from getting the neces-
sary stock. We confess our surprise that
man of his means and reputed shrewd-
less should have entered into a contract
which not merely deceived the public, but
| deceived such Shrewd men as those who
were dealing with him iuto taking steps
al. lI 1..t. ,t.lt
ests. That they We're misled is made
| evident by the fact that two Of their
numhcr Were elected to the board
Of the r., W. Il b. Company, and that
they at once withdrew from the effort
they were heartily enlisted i'll up To that
tune to secure a charter for an opposition
ter is 50 amazing that we are told that
able business men in Philadelphia even
1 Yet doubt the truth OF the startling
announcement made by President Roberts
Tuesday, but we presume they will
have 10 admit its truth in the light Of the
accomplished facts. .....
| The change is one which greatly
interests our people, but concerning which
they cannot suddenly make up their
minds. The impression is given out by
interested parties that the control of the
road by The Pennsylvania assures the
continuance of the old officers and man
| agelnent 50 tar as is consistent with the
changed ownership. We presume that
this means that the subordinate officers
expect t. be continued and some OF
the principal ones, but it does not seem
likely that the expensive organization OF
an entirely separate railway will be con-
tinaed after the new owners enter into
possession. The organization will, how
ever, have Ia br maintained, US thu
Philadelphia, Wilmington & Baltimore
charter does net give the company power
please the roal. In some respects there il
caus" for satisfaction in the possibility thai
there will h fewer changes than wer,
anticipated umd.er the control of the Bal
timore II Ohio people, for the reputa
tiun of the latter company is that Of
somewhat niggardly policy and there wer,
; many fears that the handsome ears an,
fine equipments would he things of til,
past. The policy OF the Pennsylvania
company is Just the reverse of this, an,
is almost or quite as liberal as that of tn
, old management of the r.. w. K b. com
pany has been in this respect.
The people nj Philadelphia seen
u greatly rpioiced that a Pennsylyani
u rather than a MARYLAND company ha.
secured control of the F.. w, q b road
= r,,,
Il thus rejoicing have considered the chang
II in all its bearings. BY this purchase tn