Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1885-07-31

wn. G. Whitnsy sy...................-.......-. Noooo
H. II. topp
=. l. Stetson i0,uu
Augustus Schel.....-... ..,..-.- ic1,ooo
Ocorc J. SVb
Carnegie conroled o.. 900, divided
up IS follows:
Andrew ,oelooa
III. Z .,,..'...sss- 2r,I
J.. NJ. ftHtron gc0oJ
II. ihipp, Sr......- eeo.Vp
Add these two sums together and the total
is S.. .45o 900 or within $50 900 OF the SUN
said origi nally TO have been bought BY the
Pennsylvania Railroad Company, $500
600. an informed on what | believe TO
be perfectly reliable authority that Mr..
Carnegie saacted from the PenpsylvAnia
railroad people such concessions for the II.
c. Fnck Coke Company in the matter Of .
transportation contract covering term OF
FIVE years 90 will give iba, corporation al
most
As Absolute q Monopoly
as that enjoyed by the Standard Oil Com
pauy. and enable them to secure coatrol ct
the entire Conaellsville cole belt BY freezing
out the other operators; provided, Of course,
that the latter cannot secure equal concss-
sions from the Baltimore and Ohio railroad
company, which 10 not at Al probable. Az
am informed. she new contract provides
that while the Il 9. Frick Company shall
pay ull rate Tor MI coke sent over ths Penn.
syivania RAilrond and iis leased lines. they
are TO have
A,sssrst Rebate
which will reduce il 10 about one-half the
regular tariff. In other words, Carnegie
ha, secured for .Sem . contnot similar 10
that given by the ate J. Edgar Thomson 10
the Edgar Thomson Steel Works, nsmely,
sc per ton per mil. Tor all first class treights.
With such heavy discrimination In their
favor, the Frick Company, II will readily
be seen, can distance all competitors aud
compel them TO leaye the field.
Carnegie Negotiating the Boucs.
Mr.. Andrew Carnegie, Il will be remem.
bered, on several occasions rendered efec.
tive services to the late j Edgar Thomson
and Thomas A. Scott, in placing large
'oans for them in the English market, and
it ia very good gross that bis present visit
to that country is ios the purpose Of placing
the S2, ,000, 900 OF three yer cent bonds paid
by the Pennsylvania. Railroad Company Tor
him and his trisnce, in the South Pennsylva-
MIA. BE 10 said 10 be meeting With en-
couraging success in bis endeavors. and
hopes to realize Par or nearly %.
Hoods Claims for Damages.
There still remains unsettled two Iisbili
ties against the South Psnnsylssnis syndi-
cate, outside Of any sub contrsstorS clains,
which may. prove troublesome. II J. n.
Hood, Presidents OF the Western Maryland
Railroad, can prove he has spent money
in good faith under the terms Of his con,rsct,
his sui. may cause trouble. IL 10 said be
contracted TO build line Of rosd through
the city OF Baltimore 10 the Chesapeake VA
ter front, which thus far be has .failsd 10 DO,
owing to opposing influence Ia the BsiiaoeS
Councils worried BY the Baitiu,ors and Ohio
Railroad. he also obligated bic company
to construct line on the northwest 70 ..
junction with the main line OF the South
Pennsylvsnis Railroad. This, il 10 .clainsd.
he bas done, and this win, therefore. psobs-
bIy form biz measure Of damages He csa-
not maintain consequential Or prospective
damages from increased business, which he
hoped would result IRON the fulGllnent OF
this contract. His bcEe6ts. beyond doubt.
would have been great. bat they ass unss-
csrtainai le in legal sense.
The BassIey Suit
is yet 10 be settled, and his claim, Whatever
II. may prove II 10 be, will attach 10 the In
di.idusl members Of the syndicats. The.
case 10 one where . partner or joint owner
conducted business up 10 given point on .
basis clearly and exhaus,ively defined 10 an
agreement. At this point . mestisg vas
held. o contract prepared On . nsv eesis.
and with new terms and conditions, which
all accepted and executed excsptine Beg.
alley. He protested against any change
in The meeting, and refused TO sign The nsv,
contract, the terms OF which lett it d;sess
tionary With Mr.. vandesbilfs packed eou,
mittec when the bonds should be delivered,
or whether they should be dehsessa 81 all
Bassley demanded ct this point that operar
tions under the original contract ceass, ths
business be iiquidsted, end be paid his pro-
rats Of the net proceeds ss the court fof .
receiver This ~ refused. The otew
members Of the sypdicaGs. isnnine he
riehis and his iafspest pseossdsd xsfh
the uork on new terms and con
ditions. paid in money and sxpendst tbs
ssns. Had thes Eqaidsfsd sad soid s.t
tie prcpsgty It tks point where hspsoesssd,
hs could Only bays eollsetsd the osaA =
the net suount thu. the un6nisksd sosks
would sen for. Al The otheE nenbes o.
the syndicate, kovsvss. ssciHy tooE pos-
session Of then, thsy sss.oa se~ clin they
were rot worth thss cost uak accrued ~
terest a. sgaina BAsalsy. II hs secures
Judgment In Octohss, hseso, therefore, CO..
iect the fsee od his clAin With intsrsst foa
eny Individual psahes Of ths syDdieete
and apy tFsnstss bJ asy nsnbef q she
syndicate 10 not sAtisfsction o. rsSeAse
from hsbilitg q aeainst k0 IN ~.