Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1883-10-24
lancaster Fntrlliarnrrr.
WEDNESDAY, EVENING. OCT, % 1888
Iorsov Central Litigation.

Jersey Central Litigation.
The counsel and parties in that Jersey
Central litigation seem to be having
unite an interesting convention, which
is anything but love feast. The pro-
ceeding was started ostensibly by one
Diusmore, president of the Adams eX-
press company, to defeat the lease by the
Reading OF the Central, in which he says
he holds 1000 shares. The bills and
answers being filed, an examiner was ap
pointed to take testimony, who has held
several meetings. Mr.. Gowen, who is
noted for the dexterity and vigor with
which he can thrust his pole among the
wild animals in a cage, when he gets them
collected there, has now splendid op-
portunity for the display of his talent
and Is improving it. The other side OF
the animal show is represented by ex
Senator CoDkling, who has nothing as
vet to do but introduce his bears to the
examiner for examination, and growl at
Mr.. Gowen when he proceeds to stir
them up too freely with his pole. They
are An odd lot of animals. Mr.. Cassatt,
who was under fire at the first session
was an unrufiled creature who did
not mind pokipg bit. He ad-
mitted that he had sold Jersey
Central short " for a profit, when he
heard of Dinsmore's suit but declared
he had nothing to do with bringing IT,
Mr.. Gowen's point is that the Penns! l.
yauia railroad people are the real ms l.
gators Of the proceeding against the
lease, Dinsmore being their dummy :
and ouite dumb indeed does he seem to
be, knowing nothing about the business
of the company or even his own. lie
appeared yesterday on exhibition, ana
can hardly congratulate himself on the
appearance he made. Apparently he Is
of the class of men who deem them
selves very sacred swelled up sort
of a creature, who, when prodded by
Gowen's pole, was speechleSs with indig
nation at the liberty. He declared that
he would not take less than u million
dollars a share for his stock and would
not abandon his proceedings against the
lease though the dividends on his stock
were guaranteed him. He was not TO
be bought-except for million,
This high priced donkey was succeed
ed on the stand by Mr.. William l.. Scott
of Erie, in our own stale, who has been
a speculatOr in stocks and things all his
life and got very rich by It. He was
one of Cassatt's associates in the bear
raid in Jersey, but he felt greatly ag
grieved that Mr.. Gowen bad charged
him with being one of the instigators
of the suit against the lease. He said
he had sold Jersey short because he
knew it was going to be worthless under
Mr.. Gowen's management. Evidently
Mr.. Scott was very mad. He is very
nervous and excitabe individual at all
times, and it is great wonder that he
Is still alive, in view of the nervous
strain and exhaustion which are hsCon
SAINT experience. In this case. no doubt,
Mr. Gowen got the thing wrong when he
accused Cassatt and Scott of having any
further intention in their short sales Of
Central than to make aprohtable turn in
the stock. Neither OF them care suttiCi-
emily for anyone tlse to pull their chest
nuts hot out of the fire for them. But
Mr.. Scott should have taken the matter
more cooly. 1t dOn'J help man tC
exhibit himself IN rayiug state OF
madness. IL was not polite in Mr.. Scott
to say to Mr.. Gowen that he was a Sian
derer aud railroad wrecker and that the
Jersey road would be worthless under
his management, and II was not true
either nor could Mr.. Scott have really
believed what he said, since he admitted
giving Mr.. Vanderbilt his proxy on 20,
900 shares Of stock in the Reading 10
vote for Mr.. Gowen after the latter had
done all the railroad wrecking Of which
he can be accused. Mr.. Scott says he i,
ashamed now that he did this; and b.
has good reason TO be if he really be
lieved what he now declares in his pas
sion. Mr.. Scott should cultivate NOR
calmness of spirit, GOODNESS of languag
and justness of judgment.