The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-12

Jarrett on the basis Of the American
Union four wears ago, He has no such
We cannot go beyond the
'ost value OF tho property as basis.
Signed GREEN.
FENDER soLIoIToUs.
London, July Si.-TO DR.. Green New York:
II Is reported here that the Western
Y nioa Telegraph company and tho
IL Ohio Telegraph company
have come to u settlement. Is there
any truth in this? l start for Hamburg
on Tuesday, ON my way to Berlin, and
shall see Garrett. Is there ANYTHING |
can do with him in the matter?
lSigned PENpER.
GREENS DENIAL,
July M.-ro Hon. John Pender, NJ. r.,
LoBOn:
Nottrue. No progress made with
Il Ohio Telegraph company
hece, nor any pressure being made.
We must stand on liberal cost value
6s Il basis While the indications are
that the Baltimore 81 Ohio Telegraph
company exacts profits, do not think
beat to urge 1t.
Signed GREEN.
TO MEET IN PARIS.
London, Aug. l-To Dr. Marvin Green,
New York:
Shall see Garrett at Hamburg aud
will let him know about your views.
Signed FENDER.
GREENS GAME.
August 5.--to Hon. John Pender, Member
OF Parliament, LONDON;
| do not think IT. best TO press Gar
rett with any urgency. We Are not
more anxious than he is TO reach q
conclusion, but ! am satisfied Se are
"a ~ vFia ~,
terms. He wants Il handsome profit
on his investment, which we cannot
afford 20 concedo, even tor the Iem-
porary advantage IL might afford. 1t
would stimullto q new entorpriee for
the Same result. There must 10 an
end 10 taking in st a profit. l foar 1t
will take time and discussion to con-
vince him that we must maintain tina.
position.
Sigued, GREEN,
PENDRR WANTS FAIR PLAY.
August l0.-Dr Norvln Green, New YORK.:
| observe that the Western Union
companies have advanced from about
81 to 6S, and q considerable portion of
ths advance has taken place since
Field and l had an interview With
Ga rett. am told it Is understood in
America that in hat interview (and
there was but One) Mr.. Garrett
strongly urged upon Field and mysolt
the purchase of his system AZ settle
ment OF the existing state Of things
with the land lines. This is untrue,
and il is only fair to Garrett that |
should let you know this, as 1t Is evil
dent to me that tho information you
have got elsewhere is not correct, and
that yOu should let tho public know
the real facts OF the case. Garrett
has bgen perfectly straight with
mo in all this business,
and since l came to Hamburg he has
read mo extracts from his letters show
Ing tho exaggerated statements going
about on the other sldo, which Justify
no in sending you this telegram.
Signed PENDER.
GREEN on GARRETT.
Aug ll-'ro Hon. Johu Pender NJ, T., Lon
don:
GarratUs card, with what purports TO
be a COPY OF your cablegrsm to mo of
yeaterday, appears IN this mornings
pspsr. think you have been imposed
upon and rnueJ nave acted under Z
misapprohausion OF the facts, No ont
IN his company has represented tina
any deal with tho Baltimore q Ohio
has bern ma0e. ] have steadily Rud
uniformly d0uied that there was any
approximation 10 an agreomont
Several interviews with me TO that
effect hava been published. CARROTS
card and your caUlegram mako 10 ap
pear that wO werO pressing a n0gotia.
ton: whereas, your letter OF June .
shows that the first overture came
from Garrett. You say that "the day
after received message from Gar.
rett 20 ask mo 70 give you an inter
view, which 1 did, he teld me hi,
object IN desiring that interview wss
TO SEQ whether the time had come, and
II 81, whether | WAS prepared TO assist
! IN bringing about an arrangement bo
! tween tho Baltimore & Ohio 90 npsuy
on tho Onesid0 and tho Western Union
| limos On tho Othern You further say
In that letter "thnt IL the idea con.
vsyed In the iaclOsed memorandum
Is entertained by you aud your
friends, / believe business could
30 done, and In that Ca5o 10 would be
very desirable that you should como
| oyof TO London while Garrett is hero.'
| The memorandum referred TO L
marked confidential, but as ahOwiDg {
| tangible overture from Garrett through
you, ask your uermission TO give /
| 10 our shareholders. MIR. GGrgetyl
cable card nraigns us for misrepre
senung his position and puts US on tn
defensive, when we have told nothing
rSlguoaI NORvIN GREEN,
FIELD NOTIFIES GOULD.
London, June ITO Jay Gould, New
York;
/ am invited to meet Garrett at Pen
dVr's house, on Saturday morning, Z
talk oyl telegraph matters. Garret
SAYS 'llst no can arrange with Macka}
40 as 90 scttlo tho tariN 10, tho oAple'
as we'll as tho lsno iiGgs lu q. mer'ca
Havs yCu any objections Co MAKE
Signed FIELD,
GOULD WAITING FOR A WRECK.
New York, June lg.--ro Field, London:
81 can only lopuat what | Cablod yOU
Cha other day in roiorouco 20 MIR. Gar.
reit. His company AZ losing oyaI
$4,000 per month in tbsir telegraph
business, nnd 10 is only a. question o
timo when IL will carry dOan the Bal
timore & Ohio company. rhla opinion
Is concurred In by Che ehrowdo'i
bankers hers.
lsignedl GOULD
SAYS THEY'RE sIOK,
London, July II TO jay Gould, irving
ton.on- Hudson, New York:
From ell hoar, | think that CARROT
aud Mn'Eny are sick of thoir invest
meut- tu telegraph property and
would Ike 10 come 20 some arrange
mont with you. | have had some
very plain talk with Garrett. Pleast
lot me know il there is anything that
/ can do hero before | sail on the Sth
OF August. Anglo-Amerlcan directors
meet on tho l7th and tho shareholders
ON the 3lst instant.
lSignedl FIELD,
GOULD SAYS, "wE'vE GOT 'EM,"
New York, July n TO Field, London;
have your message. Tho situation
with the opposition companies IL get
ting more desperate all the time The
American Rapid company mas thrown
up tho sponge, aud AZ the request OF
thoro oeiver, with approval of the court,
tho Western Union company has
undertaken TO operate It's lines.
What romans of the Bankers q Nor.
chants company 10 advertised for sale
A general air OF bankruptcy hangs