The Sunday herald. [volume] (Washington [D.C.]) 1866-1887, 1886-08-08
RANDOM NOTES.

,, w. oes, u,scuss,on .e'u ,, .au ,spo', & vs.
~ y no means sus'a'ns e"nc' '"e report OF 'no
''il.'
1t seems that the enmMl,tee Only ccnsumcA pNt
u seven daysAa yrrv SINAI, Sari. m matlps ,ne'r
= a., ,...,s.s NM. W " it NV wv
nves.xa,'cn;r ,SSrRe S9npttce nnn nc' te9h aole
with 6,neN enNakenAenta u is MEMBERS" says the
~ osN O make the most searching Investigation Of
should s think nos ss Tns ,srss.' SSs
p.oro'.". . ., 'ne'r testimony consists IN 'ne un
sworn statements OF what practical gas expertsG
why those Of Messrs. w. g. Dodge and s.mss
crutche,t. These are wltnee-cs-ct prosecutors
rather.upon which me Committee would seem to
This Is wha, the committee says on the subject,
"The committee has had in its ipvc-,Ms.ion ,he
jealous and laborous r-o.s,anee az Mf. W. &.
Dodge. and rlss Ne SeHcAt OF tnc experience ot Mr.
James cratchctts
MIR. Dodge stated no fset 70 The committee. lie
lndufScd N lcese charges, covering a great many
pages OF the published testimony, unswprn. 10 AMI
uncorrobora'ed, lie knows ho,hins Shttsvst St'M..
the manufacture cftss
Asto NJ tlasnNe,t be 10 M ve, spovn TIM, \, a.
Unnecessary to comment upon his being held up > by
the committee In the light Of reliable expert one
reference to his testimony will be sut,,c,cn,;
could furnish uss for iSe NM Uns,'" gvu yn
cents tspussnd fSeNS,
NJ .rr,,ynelt. fes, for fuel.
the pro,uc,Ion 81 gas? "' '' '"' ''"' e"'''"s "''
Mr.. Crutchett: In he beginning, sag t,co hun.
nTeu T,,pm g cod,, ana men ~" are done wfth
Mr. McIihennv. That "a nj, vou pccd.
Mr.. Crutchctt; All yoN pre@. w,n--
MI. Mciihenns' Woevess'ce afioeess IN opor-
ny nv. csaiSseNt, rha, Is the uc,, process recon.
meHd TO come. -
.usn senator biackourn' You 10 not KNOW OF any
Mr. Crutchc,t: No; II Is quite n recent discovery.
suc, Ia TIM ,orr,,,,o, ,,rnor- -s,,,o ,ov. an, ,s,
atone N, Tho c,nr,,,oo ne. ,-.n Nm ;A.Sa ~,
inc IN tho revv T,t,crsN Ssccc.sS int nvn cer,s
,ho,..rh SsMgsx fMn,,h -, 49,, -, 49,, .,,,
,nsS SSS IA no, noa,, aun ,no.o ,o., os % wo,.
,no,nr vim, n.o Ia ,ne,o %, vnn, po,no,ua,
r,o,,on now oouv r,v ~, .,,.,,wor, 10. A.
nroarco, nv no.t 7, on,v ro,n,ro. , hoo, ~, nr,o
Than ali tho wo,or v,r rorr In IN, ro,or,. 4. ,,n,
.r !, c,or, ., do.,-o, ,na s,s,s - N0
IN, ,he ,o,n, n,,,,,,r, c,,, n,s. .noro,.v,,,,,or,
"""'' '"'' COY
ns,.n, sUn emmee, MnSnt .ne as OF &c expes Conn
rate information WSioh win rfASN SSs,strss s' to
M & Wy 49, Est ouuo ieet OF
tSe cSnte,os Sad end. HSut Il IL ,S"}allv cer'
n aue cos, % @ iess tnan eign'y iour cehts
.x,r S,n
.N,, ."s. ~ ..Iy,.' !" "',on m oou''
, .,..,,a ~ as ..ss " 0"p''""'"' VI '"e 'e'-
"a,"s oon'esaeu peiSoha' 'snolanceo' vi sucn
...' ~. a"e VI '.sO", VI oApe,' " k'ue
.u.' 'ne 'oun'ee ,n,, ulius' ~ ITO on'; ~ "s
oas' y, o.u u.'' pei 'uou.anu ~. esS M M'u''ue',
a' f''"' VI rs' wa" y" '''''''''' VI '"P''
'",. u.,,..,...
VIZ INV no,i'pS N vi ''e Suolec'' saysthe CON-
ln,"se. w WIN hV"e'ef' ACT ash we u'u' ana
ou. "o"u 'uo company =" our procrus'eah s'anu'
a,u, anu 'nen ic' 'ne company snow someoody else'
.neS eau, 'na' our s'an"ara IL 100 iow'"
you for that Ii much greater, but the cost ci The
orks at over s2,4oe AMdtcsM PROPOSES that the
profits shall not eeeed eeveh per cent on 81 900 OOC
TINS TOD, with the company TO take all the risk. II
the Congress would guarantee the company seven pei
cent on *2,oooooo, and fix the guarantee 80 as to be
an enforceable contract, then there might be some
| thing In II. But the Government ia TO 70 Oh for
ever, under the proposed system, feduSln tho Price
or doing what II pTeasee. ssch proposition is
entir ely ufposed 10 she following principles cnun
ciated Wy inc committee:
"If the authorities permit or ra,fy such increase
81 stock as this company has made from time to
anne,en,iv a no ,., e re pIt upon ,hG Il
terial respect passed into the hands Dk ptOtla WHO
nave bought in good faith to nrae io#h the divi
s,nrn sSn @ en, esrnS upon .e aneory ihat tnt
represent money paid for ii by the rst holders bu
the public have right 10 say. and no stOckhOider
have right to cOuntervail II, that In the sale Of
commodity which the people must use, tine diyi
dends shall change with the times and tho rates OF
| other Investments and upon lyahH.H
mere u the etaenlcht bf tfinclple which, II car
ried Out, wodld kiSe The company BONE chance fo
equitable treatment. But the coHmitteS nth tunfes
they have no odata-eScept'ihtter yiction-toa ac
upon anu then trctsd TO take, not the value of IN
property IA basis, but The amount Of cap,ta, stock
Then overlooking The fac, that in,ercs, ,., ac,o,o
buaipess schcmes ia lower 1. rnoand ,bon hs,o
| ana tho, rr.:o,a, -xr.r,or,o no. ,a., -, 49,. go,
-, ,.., ,,,. aon, :. -, a,,,,,n, -, -, ~ "' n"nl
| ,,,". 80 ~, ..'',. 49, 49,, W ~ ea"'" W y"
.onp".'e. .'''"e "n'e' 'nem ''H,o.n' '"ey pun III
'p"A'uu'ii' n'' 'ne MINIMUM interest,"
al only seven per cent.
Starting out with the assertion that they know
nothing OF the business, they wind up by showing
fessedy lmpo,ent report never emauated from IN
| Senate Committee ON the District of Co,umb,a
| II Ia announced again that Mr.. Manning will ri
sumo his duties at the TREASURY next fan The far