The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-12-18
The Terminal Fight.

Just what the true inwardnesS OF the
| fight that is going on between the Thomas
and Inman factions in the Richmond
Terminal system is few seem to know. Our
| dispatches throw no light Upon it, and the
New York newspapers seem to be wholly
in the dark. One thing is published one
day and another thing another day. Only
a little while ago it was announced that
everything was lovely, aud that Inman was
on top. Then came the news that every
thing was not lovely and that Thomas was
ON top.
Both factions assert that the companies
composing the Terminal system are all
right, and Mr.. Iuman has said several
times that the Terminal company is all
right and owes no floating debt.
From the reports which reach the pub
lie the impression is gained that Mr. Inman
has policy for taking care of the floating
debts OF the companies of the system and
that Gen. Thomas also has a policy. Mr..
Inman wants a committee of outside
bankers to inspect the financial condition of
the Terminal and its companies, and Gen.
Thomas wants a committee composed OF
those inside Of the Terminal to do that work.
It really doesn't make much difference
whether the committee that makes the in
vestigation is composed of men inside or Out
side Of the Terminal. The main thing is
10 have an investigation and report that
will command public confidence.
One thing that seems to be pretty clear is
| that Gen. Thomas does not intend TO permit
| the East Tennessee, Virginia and Georgia
70
to the Terminal system than it is at present.
The New York Tribune, in its report Of the
Terminal fight, says that ''the Thomas
faction, with the assistance Of friends who
are interested in the First National Bank.
expects to be able to carry through road
justment of the obligations Of the Terminal
and its controlled systems without any
assessment of Importance upon Terminal
stock and without changing the status Of
the collateral trust bondholders, except as
to the funding Of a years or two years
coupons" So many reports are given out,
however, that it Is difficult to determine
which, if any. are entitled to confidence.
Another concerted attempt is to be made
to reduce the acreage OF cotton next year
Such an idea rigidly followed out would
probably have beneficial effect upon the
market. But the great difficulty lies in the
crafty sagacity which leads each planter to
think that in view Of the general reduction
of planting he can quietly plant moro than
his neighbors and reap rich advantage
from his thrift. Whsn all Of his neighborJ
turn out to have been just as sharp as he
was the crop then proves SO large that the
price goes away down to zero. BY oonfin-
ing themselves to q cortain specified acreage
the planters would probably make much
better cotton and raiss the price on the re-
duced crop so as to get as much for small
crop as is usual for large one.
Since an old woman and her two children
in Brooklyn were murdered in pretty much
the same brutal manner as the people in
Florida and about the same time the New
York and Chicago papers have not had SO
much so say about southern lawlessness.n
They probably see that trying to protect
people from chance murderers in out of the
way lonely parts of Florida is about as hard
as it is in densely populated parts Of New
York. 1t is well TO take these things into
account before bowling about the superior
ity OF one u9BTee OF lhbtUuue over another in
point OF advanced civilization. At the same
time it behooves the authorities of both OF
these states to bring their murderers to
justice.
Turks and Russians are now actually
talking of falling upon one another's necks
and declaring themselves long lost brothers
and swearing eternal amity and fidelity.
Rather a peculiar spectacle would that be
after the savage way in which they pin
toned one another with bayonets so short a
time back. Their conduct Is diverting if
not altogether rational They can but kill
each other eventually.
Iowa Dunkards are said to have stood by
and witnessed the barbarous cruelty per-
petrated near Vinton by minister of their
faith in plunging a woman with young
infant beneath the ice in the river in spite
Of her struggles and protests. Such treat
ment is apt to practically pour cold water
upon her faith to say the least. Christianity
can scarcely demand such torture Of the
helpless.