The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1886-04-02

secretary whitney's Connection with the
broadway street Railways
Secretary Whitney has sent the fol.
lowing letter to Henry + Low the
Chairman Of the Senate committee OF
the New York Legislature Investigate
ing the Broadway railroad matter:
take the liberty OF addressing this note %
g ms,s eeS antsorssd % nscs,ssse the methods
by which the consent Of the Board 81 Alder
men wss Obtained 70 the construction OF the
cause the public press has more than once
assoc atcd my name with the subject or your
inquiry. IL perhaps an Inevitable penalty
however honorable with transactions o. per
sons thereafter subjected 70 public oploquy
should Be- made IN occasion for H-isrepresene
body who wishes 70 do 90 TO form :
lection With these matters. M: James
George g. Haven. NJ: Braytcn Ives. myself
and other citizens Of New York were direct.
ors OF 4 company which had promptly avsie s.
and was the hrst company 70 lay claim 70 :
railroad from the Battery 70 Fourteenth
street In behalf OF our company We inuored
earnestly 10 prevent Mr.. sharp and bis asso.
cixtes from obtaining the consent OF the Board
or Aldermen. We used al proper means ~
our command 20 make this opposlss'on en, ~.
privilege should be cold az pubic auction 20
| the highest bidder. when these efforts failed
| We appealed % the mayor whc vetoed s ws
| then attacked the validity OF the resolution.
1 and a. Ne had no right Of action ourselves
Furnished legal AID 70 propersy1o,wrers . io q
1 public sentiment, aroused IN great degree ~
l our efforts. Mr.. sharp and his ASSOCIATED
abandoned the resolution and proc anG,,a sn.
| favorable 70 the city and conditioned
| upon annual payments based upon
valuation o. m s inc ool.s - Nh
ties from Philadelphia informed rs that theJ
were arranging Tor leases OF the lines y
ots ana nss ANA shas ~
economy OF management and system q
transfers secure at the same time returns
,'oss f for re paSic They proposed % Is Z
abandon our attitude OF hostility ana tax
part in the new enterprise. which propostiof
stockhoIders including myself. and by ma
iority in Interest OF the stock excluding mine
Ii vas in the line Of what We had been sdvo
S sssteS ss y az grant Of broadway wiiou
system applicable g 4; 4 vas subsequent n
- obtained. aud the Philadelphia pal
tIes purchased . controlling interest y
the stock by the contract made publ publ,
| IN force. and the stock u taken under 4.
| viii enable tho purchasers. II they see ~ 70
40 70 carry out with Us the agreement the
made when they expected 70 obtain . Lease
| these roads twill involve new agrecment
hoveyer on both sides. have. however. y
. | interest in the purchase recently madc. an
( no Investment In nor committal q Their EeI
: eraI enterprise. Prior % the disclosure
made on this investigation looked upon y
tile public interest. and. n 70 had taken
: ohape satisfactory 70 me from 2 Dusne'
| sssndpoInf and Il 4 time when felt ~ Iibcrt
| - ioji1 e in view Of other Investments an
| duties, should have done %. That states q
l eract relation 10 IL. What eject this invest
sver 1oin IL are - open questions ,or me
Tor any one else. II my connection With y
: transactions have mentioned y - any :
Z 81 Il Respectfully yours. --