New-York tribune., 1886-05-02
AMONG MEN OF THE DAY.
WHAT THEY HAVE TO SAY WHEN IliEi
MEEr In NEW YORK HOrELS.


more direction to ihs organization OF that ENTERPRISE 'h'o
It's present gigantic proportions tan any other ohe III :"
connected with it. H. is u tall blond with a p"''S
presence large spi1 and lrewd face. sht hu'tacho
and close yellow har. He is not vet ATTY ana pos
siny forty His connection with the teleph"h"
has brought him wealth but not retirement or rest lie
works when here and ia to he founl at his once
every day; bnt he required at Boston. Phahelphi'
and Washington frequently on business Of the parent
company. although he retired from it' management
many months AGO. an told that the change was the
result o' his determination force the conn any 10
liberal policy with subsorlbcrs He held that
policy that wo Ill lessen the yearly rental all over 'e
country woull bring the company such an increased
business that its profits would be much increased Inc
opposition carried the dav in favor Of Keeping the rates
to the top notch and getting all that possible out
of tho patents during their life.
General b. F. Bner told me yesterday thlt one o' MS
most serious problems while Governor Of MnsslchSet7
related to the Bell Telephone Company They had So
cured the passage o. bill IN the Legislature to Increase
their capital stock to S5.OOO.OoD S6.0OOoCo
When took the matter for nvest ,ltion. shi tho
General found tina, they had several times increased
their STOCK changed their organization Each tmo
the patents were put In as the princoh capt ot to
company. Their statement Of business was bad Inc
exhibit o. liabilities gIrel up that the profit and osS
acco mt really an asset. maze up my inlnd tn'
the ncreas, az linst public policy AMI al written
Of message givin; my views on tho sui
jcct bad sent tor Mr.. Forbes, the sam" gentleman
who Washington aud had asked aim ror
in'ormaon hut could get satisfaction out OF him.
finally for the treasurer who m.de an exhiDt u"
me the stockholders. had supposed until t1en tha
the stock hell by fOnr five persons in Boston
found my establishment that the stock wa, very
widely distributed. II was held que largely by r' &
tees "f cstate- am | knew what that meant II ihr
iaves-mcnt proves good cne the trustee Ga,' 1t % ~,
the es.lte ioDts the loss. fnc STOCK WAS ~ zoo ply
mess 'ee would have smashed the company biL % coua
Ind NV duty TO nni"t injury on 3, many leop,
innocent people. and folded MP Iartly written Velo
aud let the law become operative by the lar so o @ @
would probably he puliei down some time. a. NJ
all .ese People sher but could not consent To Do Ito
murderer"
General Butler anl Mr.. Forbes have not been co'd
friends aud It was just after hal decided not TO veo
the cal ita Increase bill that gentleman came TO him
one day and said General. you have your opportunity
a public service and FOR big hit for your
| sell" How so," askel the General "By ve'oihs
the telephone bill Forbes Il Of the worst enemies
Won have ever hal" Tho General responded. Docs II
not occur Ia you that II shohld veto the mi t' eou
would say thai al II on thh' account alons J.. was
that he determined 10 let tho bill become lAW
Cyrus W Field is inviting al hs acquantances to 90
over to Massachusetts next ThursdAy to hear The arsn
nent, o. counsel the nmitce Of the legislature
ON the New York ana New England bond sale matter
lie SAYS Will De Of the great days In tho history "t
Massachusetts, ami that the committee has been over
whelmel with applications foi seats fancy tGat Mr'
Fcld ra'hor enjoys the sriIhiI"Sc ho - az, &
While talking ehoIt It win am yestrr aY 49,, W.
] ware
Bo-tonan AMI partly New orhcr' being .mp ii ~,
representative % a Boston h0iSe Mr' balon S'a =
Mr.. Ficl: Well. you have as"d MtSStcnhNet- lht
soTethine OF her Oh tlnr prinn'cr t % ,.T raj
her from her Ietariy' , pn nav nonIipt ,ic eI Mr.
| Field highly.
The renple in Northern New-Yors along the borders
OF New and have the helet that ship canal
will eventually be constructed TO connect the Hudson
River with Lake Champlin and the Lake wlth tue 81
Lawrence River. asa water route to the West
recertiT drclr.i tlat he hai 500 100000 hc wonld
invest every dollar in the enterprise ana re! co
miles Of shin r.n would enable vessels oi 1000 tons or
even larger 10 come to New-f"rk from ,mcaso t~o dl
quicker than boats 20 from Hunao To Albany on the
T @ yrr % ,;ty % ba .re, sbn,in, corI o. the country
forever grain shipments are being dlNcrte
to baltimore and Montreal and otheI points more ana
more every year.
Mr. Buffers the scent Delnonco' is tall and
slender man. so Young looking tnat his OF twenty
mistaken brother. Tie has high forehead which
badness has exaggerated into enormous proportions
He is estern importation into Gotham having peeh
an insurance agent in California anc miner IN Coorao
He has several partners in latest and when
the papers signed each partner took out e IN
surance policy $4,000 for tho benefit Of the hrm In
case OF death Mr. Bu crS explained To- NE thc o'hrr
dav mat tney had arrival at the conclusion to Insure
their lives As the giving the concern ready
cash buy thc estate OF either one WAo msh uc'
| without winding up the Dusinrs'
Railroad men are almost unanimous in predictions Of
! improved
talking with " Ing Ills Of CInciun't tho other Day
when he said: There will be biz business next month
II VIII be the rebound from this mDnths poor trafhc
| BIT there is TO he general Improvement soon Inc
railroad. in the Northwc. are all building additional
thousand miles oi road built in the country contracts
are already tor seven thousand 30 iDu'h r',ldoai
/ building means "a general Improvement IL ] nc. .
Great deal o. iron and deal Of labor to build Ten
thousand mos OF railroad ana the ehco' muS' w io'
favorably everywhere
Mr. ingalls, said about Cincinnati that 1t was the
fashion to be honest in public AFFAIRS an th
IA result he expected great Improvement IN the
CITY within years. We havo four million dollars 10
expend paving alone" he said Ohder t"o o'u
regime in Cincinnati thr ofouIhs OF this wond nave
been stocn but do not propose TO have dollar of II
misappropriAcd The contractors on one OF the streets
VINO thought they could slight their work have bee com"
PEELED u take up and relay AZ entire block Ihe per
sons Interested the number OF NIFTY or sixty III uh
stool around the sidewalks and pointed ont defects
in the paving until the authorities were forced to take
action Nearly every in Cincinnati belongs now 10
some reform cub or taxpayers something oi
that SORT II the style OF the day to require honesty
Of public officials II lucky for that these iOur
millions are be expended while this streak Of virtue
is on The finances of Cincinrati in e,ol shape II
advantage ~ taken II its Southern Railroad pr.periy
rne road pays tho city ~ ,O20O0pa year. TIE clt
hcnds sell al par at per ce't This Income cah.'%n %
at per cent is $25.000000 The city debt ~ ohJ
about S230OoooO All the city has to d" to clear mSS
OF sell the stock 1t holds Inc ROAD hs- Pro'oH
fine Investment"
was talking with ex Assistant Secretary Charles T.
Coon OF tie Treasury Department. yesterday, wheh he
told me that ad apprised OF another eaor being
| ma 10 by bankers holding the bulk OF the ola traio
dollars to get to moneze that coin lie s'd
There has never any valid why that CON
should be made legal tender. 1t coined with tho
express stipulation it should into circulation
hero and that it sn ,uld not be gal tender Ihe
owners OF the bullion took II to the mint aud h'u II
struck into COINS their expense, tho aw ProNiu
ing that such coins might be struck for foreign ta'o
They recognized IN one OF the acts aohS III 1870
among the CONS Of country and described among tuo
cons This Is the only leg which they can stihh
,rhen nskino fol a mnneiiLaiion Of them. The COINS