New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-12-23
HHAT PEOPLE THINK IND SAY

THE LOUISVILLE AND NASHVILLE RAILROAD.
To the Editor Of The TrfbHne
SIR: From time to time in the financial column Of The
Ereng items have appeared rejecting on this com
pany which being complained Of have been regretted
by the management but have from time TO time, CON
venent opportunity reappeared In the financial column
to-day with variety of other statements appear two
distinct statements Of Of which notice should be
taken.
First That the road Is st running at average rate
OF from 100000 TO 100000 per annum below
its necessary charges to hold the system together
This absolutely untrue without qualification
The road has from month 20 month"; during the entire nsea
year. largely overpald earnings all its necessary
charges for any purpose whatever.
Second The article contains the following statement;
TecontnuaI withdrawal Of the deposited
to collateral trust loan OF slUOnOg00 when nss
the coaterals from nominal OF s2s 6z 700 IN ISL
port showing 1853 Of the best securities
IN s e eoVa"ys reports unexplained
does inspire confidence.
The above statement is false in every particular There
has there be- under the terms OF me
removed Withdrawn from the trust Inc Trust Is pre-
cisely in the same CONDITION was M tus.n
the MORTGAGE executed To avoid the possibhy
OF question this append hereto the cerncae
OF John president Of the United de states i
HUI President Louisville and Nashville r. r. Company.
No so EIehQnge place, Aetc- York. Dec. y, 1850
NEw.YoRK. Dec %. 1896
1have read the above x Norton President Of the
louisville and Nashville Railroad Company His statements
the collateral trust loan are correct IN every
| President United states Trust company
NOT AN ATTACK on THE CHAMBER OF COMMERCE
| To ths Edttor Of the Tribune.
SIR; In the Saturday issue Of your daily, well as IN
some others occurs the that IN recent letter
To the Commtte on Commerce Of the House OF Repre-
sentatives have made vigorous attack upon the New
York Chamber OF Commerce. This is error. While
have had occasion TO opinion with some Off mem
bers and to their views concerning professional
ouestion about which necessarily better informed
than they are have never either felt shown anything
Int respect FOR that great organization itself My only
reference the argument which sent 10 congress
was follows;
The proposed bill derives and perhaps only siren
rom me tAes b na P f Pommece Were Xxx actually
bill the result after tu ana Tee
| merchant citizens. would hesitate 10 Oppos.
it. however much my own Judg%ment, Tho % csss
or not only bin has been discussed 9y any Du1
very few members o. the chamber Sere IL and the
resolution indorsng It recently ~ commerce. as
actually passed BIZ consisting only Of t"ony Tire
members body numbering between oOO anu 'oo eu
Thave NOT ingenuity enough TO see how this he dis
| So,onerce WALTER Mo FALKLAND
Northumberland OF Engineers
Army Budding Netc- York, Dec -, 1896.
NORTH SIDE" FOR THE ANNEXED DISTRICT
TO the Editor Of The tribune
| SIR: Confusion often arises in designating the An
uexed District north OF the Harlem River As the people
Of New-York readily accept East side and '' IVES
| side means OF defining ocalues, WY no. - 80
North side for the Twenty third and twenty lourt
| Warfsl GEORGE NJ JACQUES
6elc- York, Dec. H. 1886