The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-02-06
8itl,mond 1ispatfh.
.,FEBRU AIRY G. 1881.
.,,,o re,egraph Companies.

-..., was mccl concern 'NP''NH'"
.,i. telegraph emploNc, yesterday 10
SOD ...b., would be the effect of the com.
sH' '.,, ICON them. The compehi,on OF
,r.r.4n Uul0u Company Wnn tn'
.r Trian has bad the ehcc' OF ln-
a.. f..f wage, of operators ABOUT sIo
Many Il these employees rear re-
'p' , ., nav I'm consequence 81 the con.
an .~ chlc there IS general DelleI
81 ... ,,,,o will bc largely reduced. IL
80. however, sol far n the operators
4 IS ...,ed. that there VIII not De
--, reduction IN the force. ffesi-
c,,.r aid toe executive oinceS would
d.O' ',... ,tratrd INTO the Western Union
'..'...a once. Ojher changes would De
.. Interest. q Tue company anq
L ,tnulrc them. The rapid In
,tIo husiutS- Of icicgrnphlng, now
....s i've fulI employment TO all the
N'' .r. company. The number OF
.r over ihe Western Union
'f''- .vo, II, 4'G S32. and the profits
.,.,uqny were S2,Ii1 962 80. In
'' ",..l. no messages were sent over lt>
i>>' 60 rori to The company OF - S3S,-
vh. drmand for mex wires, insiru.
''' and other materials, Is constantly IN
- r.e Effects Of The consolidation
b.,,r Yesterday in the operating
- If .br Atlantic and Paclhc Com
D.. addition 10 the regular business
! ,.-..sr> we're called upon 10 ttan>mlt
.urlhcr of surplus messages sent
-,.Y. tpc Western Union office. Inc
.f-.,. oi The American Union ana
'...l''.,. md Pacific viii be retained in their
H.,. coalition fer "a time, ne me COM
. have .onZ leases OF the buildings.
NJ. 0.~. however, VIII he conn .eu
.t...l ci1ibc Western Union bulldlng'
.. slime the bu> ness viii be c'ncen-
.f tr.... Some % the branch 0ihceS
. ....,. uerd,dfcT public convenience
.rl. closed. 80,
o.. c-un said there would be little
..... .r fac rate, - present Ihere
.Ir n. DID, tq.aGZ lion of ch2r-cS Y"
;.,. .,.... competition bad reduced The
- h...- uying basis. The cliy rate
,.....,.. t.fbink,. j. low enough, while
a.- i,..... il'c 10 Philadelphia i TOO low
,.,.. nr. .'iha.
.VD.. Do tlt wires arc run into The
...r- .unn offices ana the eNTenSe OF
....... Establishments Is abolished tue
l....,-... ..r D. done more promptly than
.... sid ,.ce.Prc>ident Van Horne yes
,.,.r.t. ....l o. % LARGE saving IN cost. IN
..I.f..v.ril resolutions Of messages. due
, r.rt case, uoW u a tack Oi Sufficient
... r.n>mi>>ious can be- made dllect
I...I,.. tajcn Mil be cain m time ~
...g>...,iuelu cost. Il Is not The in'eo.
.... ,l.. ,.ec'a'iou Go Increase rites, except
.,. r.v case, where they are now cNcep'
ua,il pN.'
p.f.. ns,ch ,a'd hc would 20 with his
,,lt.iae meeting oi the Western Union
stockholders called for to-d'y. ana I" tua'
81 .hc American Union called Tor Monday
although j. j. po>ihl, that no sncb meetings
viii take place. The business having already
been transacted i0f which they were ciHeu'
u,fr.. "a pcw director should be clec'ed.
Nj. HEcl >,id he would continue ibc D"ut
...it>' the Western Union and American
Union Companies, and he expected lhat
t..fe would br ''iuu.ic IN the ar YET.
Sew York Hemld.l
d 81. believed thai Mr.. William II. Van.
d,rD.lt rc. icned hi> Position ~ a member Of
r. Western Union Board II Directors ar q
meeting oi the Executive Committee last
Wednesday. II Will bc acted on and proha-
IA accented al the next meeting OF the
E1,rd. which will take place in day or
"
d,.bilt. 10 i thought, Samuel +. Barger,
Hamilton Mex. Twombly, Cornelius VAN
drrhiit. Augustus SchGli, aud balf.dOzen
other gcu;iemeu, who form what l. recog-
rilad ~, toe Vanderbilt Interest in the
Western Union management n opposed TO
'ba could faction. Ex-Governor Morgan
Will remain ia The Board. lie i the friend
o. both .idcs. and Is credited with having
done much 10 brilg about the conSollda-
uou A. a mediator between Gould and Van
dcrbHt.
.Ly Gould is now in control Of Ihe
Board" ,aid q friend Of bis yesterday.
land il The Vanderbilt directors should not
resign. il WilI only be a matter OF few
month, before they are cgiSlaied out OF Of
Zee 90 the next annual election. Ii was
pan 0f ,he agreement mat sufficient num-
ber Of directors should step out 10 enable
Gould, interest TO step in at once. No def
preiimc Jas been hXed for the changes 10
be- made. nor have the new directors been
decided upon, ~ far as ! know. The
names published ihr, morning IN one Of the
ucV>pap,l~ aIe certainly incorrect except
That Of Jay Could and General Thomas L.
E,ktu. The other. who are likely to 20
With lhc ueH Board are Washington +.
Conuor. ~.iu,y Dmon, Frederick l.. AmeS.
Mr.. DeN0r: y. Il. Cnanditr, president oil
the Atlantic ,nd Pac6c Telegraph Compe-
n} President y. H. Bate, OF the
American Union. aud perhaps others who
hNr b..n .1 tbc management OF The Amefi'
cu Union Company
lBy Associated Press.I
NV NoHH. February o. The stock
holders ~ the Western Union Telegraph
company met to-day at noon for the pur-
pose 81 s9'fyin= The agreement OF con>oli-
di'iou. Ruff. Hatch WIS present with his
counsel. eX-Judgc Fullerton.
40 =. VI. the meeting was Stll IN session.
The Atlantic ana Pacific Telegraph
t chu1lUrr, held a meeting at O'Clock
ni. afternoon for The same purpose.
% Ws> not known az the Office OF the
Aucr.1 Union Telegraph Company
vhr'acg there would be meeting OF the
'DcAnplier, to-day or not.
Latt--Ihc meeting Of the Western
Union Telegraph Company adjourned about
nttp3,t o'c.0ck, when l. was stated that
minority Of The stock, 744 per cent. OF the
Whole amount, had been represented. Two
ie'oluion, we're voted upon, one approving
ltf contract cnte:ed into on the 18Th Of last
'''' -i.A tAI 'tA'i hPlANf'h- ~ 'NN'N'
"l stockholders at the meeting held on the
81 in'an!-30 .22j shares voted IN favor
" lIe rc.Oullou, aud 600 voted against
.ltm; Jn.ls0 shares were voted upon IN
hNor u Increasing the capital stock OF me
''mpluN - sS0, 100000, and 100 shares
''ed against that measure. IL vas stated
lhN Rufus Hatch, who was present Win
h' counsel ilr short time during the pro-
'rJia-,. had entered protest against Tue
'',on II the stockholders in ratlfyinS the
consolidation agreement.
Al meeting Of the Directors OF The
"'Nefn CoiOn Telegraph Company THIS
AFTERNOON Nr. Hamilton MEX TwOmOly re.