Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-04-23

Mr. CrSln as TO the WAYS Of construction
companies In issuing stock to themselves
out OF proportion to the work done, but
Mr. Gould denied any knowledge OF such
dark and questionable transactions. lie
was asked his opinion rs TO the cause OF
the strike, and the only reason that
occurred to him was the desire Of some
OF the leaders 20 obtain notoriety
and consequence. He had never heard
81 and did not believe in such causes Of
complaint as Mr.. Powderly alluded to In
the first days testimony, such as the
cheating Of employees In the matter OF
hospital taxation, homesteHds and stores
belonging TO superintendenis and fore
men. Such statements were ridiculous,
aud lie felt positive there were no in
lstances Of the kind.
lie was inquired Of 10y Mr. Cultivate as
TO stock speculations growing out of
the strike, and said he knew nothing Of
the Kind and that SO far as be was him
self concerned, he had not made trans
action Ia stock, either long or short,
since the lst of January, and had no spec
ulatiye interest IN the market He was
sure that none OF the directors Of the
Missouri Pacific had any dealings in the
stock Of the road on the days following
his interview with Powderly.
Mr. Outhwaite wherein would the
public interests or the interests OF the
company have suffered by the representa-
tiyes Of the company accepting the propc-
sitlon OF the knights OF Labof?"
| Mr.. Gould: "To arbitrate what, that
was the question:
Mr.. Cultivate: "You certainly knew
what you differed abont2"
MI. Gould 81 do not, know that we
differed at all / read my proposition
over to Mr.. Powderly, and he said he
agreed TO every word Of it,
Mr. Cultivate: al have reference to
the difficulty which seemed 70 arise, If 1t
did not arise, on that Monday after the
men were ordered to resume work and
were about to do so, and the next ipfor-
nation the country had was that the men
had not resumed work, and that the
trouble was stlll existingn
Mr. Gould "They did not pay any at
tentlon to the order. On the contrary,
Martin Irons telegraphed to them to hold
the Fort They did not obey the order,
and did not propose to. did not un-
derstand that there was any agreement
made with Mr.. Powderly. There was
not when ne left my house. | did not
know what he was going to do. After
he went out | had discussion with Mr.
Hopkins, who remarked as to what Mr..
Powderly would do, and said he
would do nothing, that he had not
the courage. What he had said he would
do was to issue an order declaring that
the strike was without cause, that the
men were In rebellion and taking away
their charter. 1t was on that statement
that gave copy of my dispatch to MIR.
HoXie. The next morning 1t came out in
the papers from him that
there was an entirely diff
ferent thing done, 1t was of that /
complained, because did not agree to it
in that shape and would not have agreed
to it In that shape"
Cultivate: 'But what injury could
have come to the company If it had ac-
cepted aud acted upon Mr.. PowderlY's
view OF the case2r
Mr., Gould; al do not know what sub
ject their arbitration would cover. II it
covered the question whether we should
discharge the men whom we had en-
ployed after the strike, we would not ad-
NIT that to be subject of arbitration"
Mr.. Cultivate: "rhenIyou did not in
tend or want to have any arbitration or
effort to settle any difficulties with the
knights of Labor who had struck, or
were out of your employment at the
time? Was that the Understandings"
Mr.. Gould: "That Is it distinctly"
Mr.. Burnes inquired as to the relations
of the Missouri Pacific with the other
railroads now Incorporated In the system
as to the amount OF stock aud bonds issued,
and as to other matters connected with
the company, which Information Mr..
Gould promised to furnish hereafter Mr..
Burnes inquired as to the general effect
of the pooling system and Mr.. Gould re-
piled that its general effect was beneficial
TO the public, because without it most, II
not oil, the railroads of the country would
be 10 the hands OF receivers.
Mr.. Burnes; 'Why would that be the
RESULT"
Mr.. Gould: because of the low rates
from excessive competition"
MIR. BurDes: "Then competition is not
the life of trader"
Mr.. Gould; "No, sir; and the result
would be that wages wouldlhave to be cut
down 80 per cent, Labor is very large
part in a railroads. expenses Directly it
amounts TO about co per cent, to say
nothing Of the steel rails and other
railroad material"
Mr.. Burnes: "If pooling is beneficial
to the railroad companies, it is also bene-
tlcial to the people,"
Mr.. Could: 81 think IL is. The pub
lie is interested in having strong, able
roads well equipped have always
found that real estate sells higher
and the people would rather live on the
line OF railroads that are financially
strong"
Mr., Burnes inquired as to the general
proportions between local earnings and
through earnings OF railroads, but Mr..
Gould declared himself unable to give in
formation on that point.
The chairman remarked that he would
be very glad to have the scope of the
committee examination enlarged so as to
extend 1t to the mineral regions, because
II the committee meant anything, 1t
meant to quiet the unrt st in the country,
and to provide a remedy for It,.
Mr.. Gould good humoredly) 81 hall
be very glad TO read he opinion of the
committee when a formal report Is ar
rived at, and will Keep any investments
may have to make In allegiance until
them
The chairman: 81 hardly think you
win do that II you get fair opportunity
to have spy on Wall street, aud would