New-York tribune., 1888-08-25
DISCUSSING THE MESSAGE.
WHAT RAILROAD MEN THINK ABOUT IT..
CANADA SOUTHERN AND MICHIGAN CENTRAL
STOCKS ATTACKED - POLITICIANS


STOCKS ATTACKED - POLITICIANS
HAVE NEW THEME.
The Presidents message WAS the principal SUD- !
iect Of discussion in Wall Street yesterday. At
the Stock Exchange prices were lower IN the carry
dealings. but the decline recovered before
noon and afterward the variations were insig-
nifcant. The stocks that were attacked with
greatest vigor were Canada Southern and hichi-
gan Central They opened about per cent lower
than Yesterday md, after smart rally closeu
n little under their first prices. The general
market wa, affected by the movement IN these
stocks A director OF the Canadian Pacific Rail-
way Company said to Tribune reporter: ne
Presidents message is sword that cuts both
WAYS cannot say what the Canadian faclho
would do If the policy Of retaliation was carried
into effect but am sure that the company could
take care Of itself. The monopoly would be re-
established and the company would .lyo ayo'a 'n'
danger Of a diversion OF raRc in Manitoba
At the Bank of Montreal which Is the transfer
agency of the Canadian Pacific, it was SAID tna'
No instructions had been received from head
quarters. and that until then no expression OF
oninion could be given intelligently. 1t was sug-
coeted however in an emphatic way that the
Presidents message was n political tricK' ana
that tho Canadian railways had no reason 10 cA-
pect an enforcement of the proposed action'
EFFECT on THE CANADA SOUTHERN.
cormort on the possible effect OF q policy Of
,or irtn-course between the Canadian and Amerl-
can roads varied in general railway circles some
.ho+ IN accordance with the interests lnvolVeu
nv tho sneakers Trunk line officers were satls-
fed that in one respect the prospect OF retahation
u-ould exert beneficial effect on the rate sltu"-
tion in that it would be likely TO cause the ufdnu
Trunl. Of Canada to cooperate with the plans oi
tbo American lines TO advance rates that are no"
| domoraIIzed As the dressed beef controversy IS
| now the chief object OF concern 10 the systems
leading east from Chicago and as the Grahd Iruhh
is looked upon as the principal element OIL oiScofu'
| il was thought that the threat of non-ntercourse
would facilitate the adjustment OF 'nI dueiHoiI I'LL
| As ono trunk line officer phrased 1t III Is uHop
! thar the Canadian roads will be compeHed 10
avoid furnishing any ground OUTSIDE OF pon'ic". .
reasons for our Government to take steps 10 l GU
| off free interchange or tramc oet"een Oo A"'
| roads of the two countries. II, ..+,ro11v
| The polcy of non-intercourSe WouIa naCuISn' c
affect the Canada Southern ana sucm.ShIh asSyhIo com
nlicatious was taken by friends OF these proPeruea
The principal officers Of these corporaIionss are az
the West General Traffic Manager uuIUaI Sanoda .,
the New-York Central said: Of course, Oalitoa Ou
Sle Sa,thorn would suffer if the Presidents policy
is carried out but the rest Of the American iihes
would not be affected materiaiIy, ~ wVMII ,ouId be
! niven to CasJ Ia Southern in such case. II Is
frue that its line is in Canadian territory; gu. IL
! Is owned by an American corpo.a'Io:n ~. ,rnnarr
and debt are guaranteed by an American company
ord and il Is used as part OF an American system
and entirely in harmsny harntsny " w'" ba. AH had
can ra1t interests ia the the Generalization Of rates
nDd + seems 10 me that it would only be
inst and fair TO relieve it or It's lessee, Ihe ncI
gan Central from any INJURIOUS resuS S1s' ranor,
follow the execution oi MI Nio'''
mendations
Mr. BR1cE APPEARS TO BE HOPEFUL
Tho Presidents message naturally received a
rood deal OF attention at the political heauqu"i-
ters The Democratic managers made inc mosV "
IT, striving 10 convince themselves and eVeryoous
else that Mr. Cleveland had delivered terrioie
hloyr n rho Republican party. Mr.. Brice, for ex-
aro,Is in his eagerness 70 impress every one with
this view. forgot or pretended to forget oil aoou'
the way in which his interests in Canadian fnii
roads would suffer if the recommendations IN tne
message were carried out. He declared that Nlt
Cleveland had acted like Andrew Jackson IN raot
6e was NOT sure that jackson could have done any
! ~Tnlcss the Republican majority in the senate,
b. he added assume protection OF Ensidiu or u
Canada. which they will hardly dare to 40, tnt
Rritieb and Canadian Governments will be iorceo
! "a do Justice to our American fishermen ana u
right all wrongs set out IN the lrcsl1enl llVr
sage The relation proposed Dy the hetupHoen
e u-ould iniurc our own citizens more than tn'
/ Canadians while that proposed by thr frcsluen m
: ininrcs no American and affects only british an'
? Canadian interests. ms was tie seIetntt =. -
! the talk among the friends Of the Administrator
q Tho leaders seemed 10 think IL was something u
nraise and so they shouted for it Justify, thougi
e some of them Judging by thelr eApreSss'VIb, tb'
! appeared 10 nave the mosO A"NJ "
. whole subject.
y RErrBL1cANs CALL IT "BLUFF"
Ar,ong ReDubcans there was one genera
e opinion regarding the message. Inns Jay Iluo
7. ball crvstallized into one word" bluff" Ia
Y is all if is said Mr.. Hubball, " bluh' pur
= blpr It merits no more dignited appeliatlon
y Nj, Cleveland has simply adopted clap-tr"
d method in hopes of giving his party httle cap
Il tai. and divertng public attention from I'll
n main question, that the Domocr"9io Ian tb
: Committee is trying to dodge. L mean 'n
c The whole thing is pure buncombe Wn
didnit he adopt retaliatory measures long ag
. uiob ~ b yos rally sincere The whole bushes
u IL too hs transparcnt to affect any ones judgment
& and it will have little efiect. IL Is " oi'
h Chairman QUAY smiled when spoken 70 ao9u
e il and remarked that he did not care 70 W on
o cuss the message. II did not appear PoohI;ca 20
n him in the least any one else al hepHDiiS" s
It hnadGuartors Said Sc-ator Fassett: IL IS
=; Confession that we were right. for II the me- me-
II sage is absolutely correct then Ine rotT tandod
: absolutely wrong rs we have all along contehueu
> N,yoP HEWITT HAS NOTHING TO SAY
u Navor Hewitt gave little satisfaction 10 tho'
n who manfred of him his opinion OF PresIder
r, Clovelond's message. He declined 10 give an
~ opinion for publication, adding: Il have Ion
10 aro made up my mind 10 express no opinion
" snv matter which does not relate to the buSlne
ne of The MAYORS Office MY views fespecsins ~ ~
idort Cicveland have been mislnterpreted anu MI
ID ouoted So frequently thet will say nothing abo'
~ the subject now. - c;.. -, >,
~ Tommanv Hall organization met promptly yeste
ID day and passed resolutions approving Mr. Clev
So lands Canadian message and urging Congress
IN ennin the President with all tho power neccssai
of to nilnish Canadian aggression. Richard CroII
ld came down to the sherff's Office with Sher
20 Grant p fter the meeting glowing with enthushs
uc over the message.
ID RETALIATION NOT RELIslrED ~ BUFFALO
buffalo " Y, Aug. "a (specah.-Mr Blsseu, q
er lector OF the Port Of huhalo, said to-day -
~. .....l Canadian RrfallAilnn hi wOnd simply