, 1881-01-23
ANOTHER RIVAL.
living the Chicago & Inter
aationai Telegraph Com
pany.
various Circumstances Which
1p' led to Its Formation
s,,e,pu Agreement that It VIII Meyer
Sell Out,

1,.,,n Armament that IL WILL meyer
hobun cr n,+
eeA W"
----
: ,,,ax 1rorped in the Larger
rha Flrst GAAa 14-a
ose' k'NN
g.
~u,:, rb. H., nh.
ttXs M&k Eliza d. q @'al''a Law '1S0 ''AS
Ira In It.
-
.',,- x1-a.t..u, r~so,, ..,s
The Consolidation =. 49, 11s,,fas =. =
no american on't'n 80. r. ,,,ortors ..h1o,,
e.yeu rise TO inc suppo .s..e. foas,ittas for oh-
.re presuned 70 aa's - +.r.,e in s+ocs onere. !.
mining *ups '- - 49,, racoeearr dnc,,.
1pns, thai on 'ae no ,reaa advance in tells
: nents, there "la oe
r,aph-tolls over tne $3.50 -a+os ooneacro,t unon
Even ut tne teoa a..s ox,etoa ho.wno, tha fxo
he compeduoa "a ..,sro ..na c,,,,na,lad n
Tnion cooapsn'91 .s1a,..a,,b;c fac,,ities than tho
pas more 13 '~,,<. ,r,rth A rcstoratfon of
service WIS eet 49,. .-,r q, f,,,co 1,revJo,,s IN
the ta1aa MN - .t,o A,oor,csn TTn{on will
the comp1uou. -. o,n,,c n burden altogether
impose apon ,>e~n ui,hour more or less
TOO gncspas ~ mr. co,,+o, sroc1r of tho
vigofrus p1ots7 nov 1rad,a,,v increased
Western pnloa naa ~ 1on =. r~ar s,, m ooo ard
snd *shfea 1oA .sara e 10 70 heon .nnua1Iv mid
oa The litter funa .uslo ..s, ,,,a,1n r-or, a to
dx eesefH !ea's .saa - oe,eo,,a,tfon II IL
pet ceut. tnoe. ue 49, t.s ~ -,a~t,o,r,or.+s ~
proposed to caplsal1ze tuo ,us ~ ~ eeo f,on
tte scheme o. p.uuue'!us ~ ,.ns,sa,s Iii ,a.
Co., md on THIS OASIS ele s.osA s'.s,.r ~,
ud,e Al amount OF "ase' 'a.,oHs.' 80, ~ ~
:, from S15,NG,0W TO Ssa,VN.oUs ihe
.1+nas,a nosscssors of shares in this gigantic
13'upA,- ~ .,at ,o,ae,t tn be tren:cd uny
monopoly WIZ w. so s,o,,-ho,l1,r. 4,
rue stability tdeu *eeo tH' s11s
xes York Central when the iaso eoufnloooIe
r.,aa,h,r vatercd It's stock to the cxreut Ut 70
'an9 ra,o,. dc,ppnac} thnr the pcr cont
4ceaI 1oes octuAno :. AZ, 11o,~ -
dividend Should commune utio u'u' ~" ="
NIX secured eyexr farmer IN the country KNOWS.
~. stockholders OF tho Western american
~ vi, MT forct,o their claim to an per
eu9a a;efaanr3 md tho dear public, against whose
s.v.-c the consolidation Of capital is milking
seaAs 1,.,-1 ~ nnd on,o ra,t,r res,st1ess war.
~ anfelculnS nA- Aeea
III be taxed to toof The Dill ..
TIE BOARD or TRADE TELEGRAPH,
ssnp5' H"e r.N..s<,s .,,,+t - ,,,.r c,r,.
sohdly built anu 1ufu1aoco "4tu .uc uost ~ so4--
p...e system Of instruments thar mas yet oeen
W. es nra.oa ~ nnonali,c.1 success from the
hs pso'eu "u u"'io11 e'.,,,.,.>ar.1
start It's business IS purify VI u e'''4t'e'e'"'
character, and from the day OF It's coinp'enon
:. ~ ,.trr,4,s ,ra v,1nmc or traffic. So tarrc
we're the pronts tnat III o'he'cne poliooo w.
c56ed reductions in the rates we're maae. and OF
uu II has been proposed to distribute
a.a,. .na n,+rons certain amount
a1''s '0s .a..s t~1 ,,nar,,onata ~ tho
he pf9ys ~ rnishd what has
lcea doae g s:sos i3c iiso :ss sesses' La.
sssp eno Ail~ausce; WIN ~ oas'9ss M ar,aii.
toa purely mercantile ttatlc, San PC cefta,EN t
taaIs and laree local points. and whea 70 tn's
commercial busMcss Is aaaea siate VI !no
press ualne and tne revenue aetsea arotl .1l3s ~,
celancous sources, the in, essment ongnt 70 &c
competieon OF the CONSOLIDATED I Cnion.
"A few days ago TWO parties OF gentlemen well
known IN financial anu co1nmescsol clfcles. anu
'e''ns Independent lent Of eaen o1her' psooeeaea 10
.s .snar,;aI -i.n,s ~ +ho ,r,,nt mononoly Ono NJ
~ ,ae 90 ~ es1a h orn
s.r,e ns p"s snetsfnrs n sfocks md nn3s m The
NJ rGrE SrncF Erctsnre T'her hads II is ass
sa,..S hv nersons rho ri.tlTn rn Ennw fhn in,,cr
workings Of tho movement, TWO reasons for
their action. me hFst WIS caused oy shnt uni,
yersas desire wen SHOW q toIouE ntul 1ne bniteu
eta1es Is ge.tlus even. II appehrs tnat
1ot so1e weeks pasI lucy aao ueeH speeu,AtluG .A1G
neaEAy IN the slocRs oi me great fitals--H cse-
tfn tnlon ano american unlon- A nEse tne11
Elouts se1s qulle targe ~ pulu u~'lcnons' ~
1nss 14neaeu Gat ueIt A!ps Wele az " 'cSts
Iuu et'e. soso hruIt ~ AZ !innGt7s HAtSn.. a.
ms 1uncture sanoeroilI anu cputu 1osasn
nsuas, ae tfAP was epTnlE, alu tue suoIs
HssS. nAs as Au1ns ~ NJ eaIeee- NetE LEY
naaty squeezea, "nal tney nag Haoe III .urs .s.as
uct ueais> hau Auousanus ol uollNts nss'ucs. Nas
ssIac1eo from toeir relaclauI pockG,to
sSon Of bis Father" ana tho not over
scrnpulous Innninntator If =. RACK Friday.''
The s tip" was n "rotten" one. They wrath
{uly paid tho difference. and some swore ven
geaace.
The other renson was to obtain cheaper tele-
graph facilities for themselves than the combi-
napon would be lkely 10 give them. II WIS
Chicago to New York. via Detroit, Toledo,
Cleveland, Buffalo, Rochester. Syracuse. and
Aibaay, with Offices at the intermediate points
named the business to be restricted ar the start
TO purely commercial tratIic. This line, it was
substsnt3a1 msnner NJ cns+ ~ rom
sv,s,.as - eouN. ano 1Mtnlsaco VITA 1nc ul3st
1eu words was to be fixed ut a5cent ratc,-
witch is the price for a like message between
any tWo points on the Canadian lines.
r1rE spcoxn ooun1x.r1ox
lie and cammissi.n W ~ 10, ta ~, .d
more extensive in It's sconc II incjutird1 in nd
dItton 10 thu line fn Sow Vor. Rnstnu a,d - pill
adeIphla, other lines tn ai tha forre nIfies which
are "a direct commercial connection, with Chica-
lions as fast as circumstances might warrant
interest rre IN n.t,1,., s. "aen iue paIns ~