The semi-weekly tribune. [volume] (Great Falls, Mont.) 1890-1891, 1891-01-10
OUR NEW YORK LETTER.
Jay Gould's Big Trust. the Force Bill and
Montana People Discussed.

Montana People Discussed.
Especial Correspondence of the TRIBUNE
NEW York, Jan. 3.--Great efforts are
being made to carry into effect the asso-
citation planned by Jay Gould. His
scheme Is nothing more nor less than a
railroad trust. Its full purpose has not
Deer disclosed. 1t is avowedly intended
to maintain rates, but it is SO devised that
the railroads are to be compensated for
any losses which they may incur. Full
authority is to be vested in a council com
posed of directors from the several roads
to control the combined systems in all
that concerns rates and business. The
banks are said to be strongly in favor of
the Gould scheme. They are so heavily
involved in railroad matters that they are
anxious for some settlement that will re-
lieve them of even TEMPORARY anxiety.
The association may be formed and may
help Gould to unload stocks ard bonds,
but it cannot last any more than the
"gentlempn's agreement" lasted. Enter
prising railroads such as the Great North
ern are certain to b, leak loose from those
which are heavily burdened with debt
or heavy grades and give the public the
benefit of the amplest competition.
Gould has compared his schemes to
the Associated Press, but the comparison
Is not correct The Associated Press is
formed to supply papers with news, no,
to control them.
THE FORCE BILL AND THE SOUTH.
The force bill occupies more attention
thar the proposed railroad combination
hut moi more than the Infamous measure
should receive. Senator Wolcott OF
Colorado has Joined other republicans in
opposing the bill which it Is hoped il
practically dead. The public indigna-
ton would be greater and IN re demon
~strative were not people convinced that
the bill would be IA dead letter ever If it
did meet with senatorial sanction. But
it would undoubtedly work much mis-
chief in the south before q democratic
congress and president would remove it
from the statute books where Tom Pow
er is SO DESTROYS TO place it.
j. s. Clarkson of the republican nation
al committee admits that the bill is solely
in the interest of the republican party.
The growth of the South is 80 wonder
full that it would be criminal to thwart it
by malign legislation. The reports from
there are like those we receive from
Great Falls. Frank p. Bennett, of The
American Wool Reporter, an enterprlslng
Yankee, who has been down South, says
that the cost of iron in many sections OF
the South is from 81 to 50 per ton. The
number of cotton spindles is 1,80S, $500
that is -four times more thar were there
ten years ago. The area of the mineral
belt exceeds the entire area of Great Brit
ain and Ireland. He also says, sail
things considered, the blacks and whites
In the South are getting along very well
in each others company. There is slight
need of federal intervention"
Among the places undergoing rapid
development in the south is Grand Riv
ers, a new town In southwestern Ken
lucky. A company has been formed in
Boston with a capital of $3,OOO,OOO to
develope the resources OF the region
which do credi. to grand old Kentucky.
MONTANA EoPLE
New York has been favored with the
presence of many M~ontanians who have
all thoroughly enjoyed themselves.
Among the number, all of whom stayed
al the Fifth Avenue hotel were: 7. G.
Power and wife, Ex-Governor 5. I. Haus-
er ana family, Col. c. A. Broad water and
family, Helena; J. Noyes and family,
Mrs. Dixon. wife of Congressman.elect
Dixon and M 5 DAILY, Butte; E. l.. Bon
ner and + mily Missoula and Mrs. Holt
er and thre, 80 is, Helena. Col. Broad
water and family are still here and are
much appreciated socially. GOTHAM.