New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-03-15
coyyEcnCrT MN oWyERS COMBINING.

TUE VALUED POLICY lDEA-RAILROAD BONDS AND
IRE TOWNS.
Iron An ocCAsIoNAL 1RREsPoNDENT OF THE TRIBUNE
Hartford, March 14.-lhe woOIlen knit
zoo IL industry which Connecticut Is largely inter
cs,c1 has not been materially disturbed by labor
bc- To foresa any effort the part Of Trades Union
organizations interfere with the running of the mills
inst now while ORDERS for next falis consumption are
being executed the have formed tnemselve1 into
mutual protective assoc alton, under bonds of $4,000
each agreeing shut the wheels of all the mills should
any strike occur ia any one fifty companies have
slyuci the agreement of which at least Onchrd are in
Connecticut The extreme low prices which have pre-
vailed for good, Of this class known principally meri-
nos the manufacturers say, would render strike for
increase OF pay not only futile but disastrous both TO
employees and employers There nearly 10000 opera
tves concerned IN this movement about $500 of whom
are in Connecticut.
gcvous end In the Legislature has come TO the val
ned policy idea which has obtained IN New Hampshire
i sirauce business. The Insurance Committees hear
ings on tho various bills offered have been Interesting
More than one hundred witnesses have testified. Rep
rescntatvc Clark, who has had the bills in charge had
been content to have pressed only the valued policy
principle he wOui have accomplished more hut he per
sI.eI in offering bis which aunoyInccs to tho
Insurance companies However, the committee reported
his pet measures adversely. The vote IN committee
WAS uHaulmous against the bills and they lie
the table waiting tor Mr. Cafk's motion
The policy the part OF the state, asked for by
forty the AIT line ana valley roads, Is
Endorsement OF railroad bonds OF those towns, when
the time comes for rounding, which VIII be, in most
cases in -9O-9l The difference between the credit OF
and that Of the State is from 4 to IL per
and The tOWns ask for tTcnef to tins extent the
State beng secured by the town property No money Is
asked the State. The fact that the very acts OF
the towns IN us heavily bonding themselves had 70 he
ratified by legislative enactment, and that since 1876
Coustitut Ona amendment has prevented other towns
from similar action lends to the request degree of
equity which that the State derly tax benefit
from railroads built by the towns credit does not de-
Ire only objection yet raised IS That OF novel Y,
and Connecticut being conservative state IN It's imam
ela policy will probably initiate against IT, The com
utee not yet decided in regard to the character Of
is report.
TS6 Hartford citizens will present models for the
monument which the Legislature has ordered Tor the
General Isra' Putnam, at Brooklyn MI Keller,
tie architect and designer of the memorial arch IN this
city, and OF the Garfield monument In Cleyeiu Il, ana
Mr.. Woods, VINO has designed several very effective
pieces in clay. MI Keller will furnish monument de-
sen without Il figure, while Mr. Woods Will send III
model OF " Old Put"
Candidates for the MayOralty heing talked OF are,
on the Re publican side, Mayor Bukcley, Francis Is:
Cooley, Judge EggleslOn General Henry T. Dwight ana
Alexander HARRISON the DemocrdrIc side, George
g. sill Representative Hamcscy and T.. :. Cleveland,
aud the city election IL three weeks IN the future.
Preparations are making for the military aud civic
reception Mayor Beaugrand, Of Montreal, which Will
occur Wednesday evening. Governor Harrison aud
stan Legislature will assist the Mayor ana city
government aud a review OF the Hartford battalion OF
.he LIST Regiment Will he prominent feature.