Daily globe., 1883-06-16
Especial Telegram to the Globe. !

over to attend the funeral of Hancocks
staff officer Mitchell. Said l: General,
what information can you give me about
this lease of the New Jersey Central rail-
road by the Reading railroad?
The Vanderbilt hand is very strong in
it." said the general. ''Robert Garrett also
took very prominent part in the lease.
But William Vanderbilt few years ago
was very bitter on the Garrett
family, particularly the old
man. He is not so now. Certainly not
with Robert, who, understand, was heav-
lily in the deal"
Then you have no doubt of Wander
6iIt's building from Harrisburg to Pitts
burg?"
None at all. L suppose the governor
by this time has signed the bill passed by
our Legislature giving all the facilities nee
essary TO encourage the enterprise. That
is the sentiment of the state, too. Many
years ago, when we were comparatively
weak, we were afraid of New York in our
state. but now we want all the capital, all
the railroads we can get
''|Nere you not surprised to see the old
allies Of the Pennsylvania system so
prompt to abet railroad competition ?"
1t IS queer. Then you know men
changed with times. Pennsylvania has
become great central state, with abund-
ant natural wealth, and railroads are re-
quisite to bring that out. New York and
Pennsylvania have become so close to each
other, so reciprocal in their relations, that
the former jealousy can scarcely be said to
exist. We get the New York papers be-
fore breakfast. Our own newspapers have
taken wider view. A man of Wander
bilts wealth does not desire to exercise it
locally, nor for the interest of this or that
city. The strongest men who assisted
the Pennsylvania railroad to its de-
sire5 and deserts fifteen years
ago are now warmly enlisted
for the Reading railroad extension to Pitts
burg. Senator Wallace, for instance, has
embarked with great energy in the new
property, and we anticipate he may occupy
an important position in the new railroad
as counselor or officer.''
DO you think that by building new
railroad by the side of the Pennsylvania,
Il.
it,
E'Oh. I think not. There is so much bust
ness that there is enough for all, and
business grows with transportation. This
road opens a series of counties in need of
that kind of help, and after att the great
business of transportation comes from
the farmers, and we are merely the inter
mediate territory over which it passes.'
In
its competition in the territory of the
Reading railroad:"
not AZ all. They are building right
aion1 now up the opposite side of the
SChu~l.liI river valley from the Reading,
and expect 20 open their road to German
town this season. They have made ar
rangements for facilities in Reading"
DO you think one Of the Vanderbilt
boys nay become the president of the
Reading railroad after while in place of
GoWan:7
- don't know about that. l apprehend
the Ea1derbilts are not so much the con
trolling spirits of the road as the accessory
spirit. I5uppose they think it a good thing,
and have been lead 20 prove it, but GOwan
understands that coal business, as a new
man could hardly learn it. 1t has been
really fight of giants between the Read
ing and the Pennsylvania people. Each
has been able to absorb new money and
get nelp at distant points and from unex-
pected quarters. The Pennsylvania rail
road IS a very well gathered up corpora
tion. Mr.. Roberts has one of the best
stats in the world. They have had a
career in our state of thirty years and have
obtained all they want, and naturally
enough the people and the Legislature well
come other and equal assistance.
General, what is the state of health of
VIM. D. Kelly?"
He has improved very much indeed.
He had a cancer in the face. They made
a cut from his ear to his mouth, laid his
cheek open and cut out that much foreign
matter" The general here made figure
with his hands as big as pear.
''KelIy is not very we'll off financially I
believer"
He is not good manager of his own
estate. However, he is out of debt. His
friends came up recently and cleared his
estate off, and they have before given him
help, regarding him as a man who has
rather sacrificed his personal future for
interests of Il common character. Long
attention to legislation and the preparing
Of bills has made him somewhat impatient
and Indifferent to his private business"
General, what kind of a year do you
eXPect:"
''l}-e may have pretty sharp summer
IN our state because we anticipate strikes
IN the iron regions especially. My view
Of 1t Is that the amended tariff somewhat
piEches the iron and steel interest, and I
fear wages will have to be adjusted to the
tariff, and this is liable to be resisted and
to be the cause somewhat of a suspension
during the summer. That l think will be
the extent of the troUble.''
The same day that met Gen. Bingham,
[ was talking to Mr.. Resolve Gardner, a
prominent commission merchant, and ask
ed him about the business outlook.
Il hardly think we are going to have a
bad year." said he. ''The fall trade will be
pretty light, which will arise from nothing
but short crop, which we now anticipate.
The very backward season has rather in
creased the conviction that we shall not
have one of those superabundant crops.
Nevertheless, we all know how rich the
west is, and how great even what is called
short crop is in it. The farmers in the
west must be in first rate condition. 1 am
acquainted with a man out there
who has been in the habit of coming