The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-10-04

Pacific directors met, regular dividend
would be declared Not for the hrst time,
Wall street guessed wrong.
The meeting Of directors was 81 tne com
psny's Office, 1875 Broadway 81 nOol
! Wednesday With one or two uulmp1rtSnt
exceptions every member Of the board OF
directors was present NJ GolId "As '1ere.
I so were his sons and Deacon sage anu Jonn
| G. Moore and Samuel sloan, aud 'ns coterie
I OF Mr.. Gould's employees who exc OUT the
| Missouri Pacific directory.
Mr.. Sloane Immediately after the meet
( ing was in order, moved that the dividend
/ for the current quarter BE- passed. M
/ Moore seconded the motion. Neither Mr..
| Sloane nor Mr.. Moore made 8 speech but
| before the motion was made sidney Dillon,
whom Mr.. Gould recently had reinstated as
president Of the Union Pacific company, at
tempted something Of panegyrlc upon
Mr. Gould. He though 1t was wise 70 pass
the dividend, Mr.. Gould wishing it so.
The public. Mr.. Dillon thought, would be
inspirited by good, frank, straightforward
aciol-just such sctlo1 a. Mr.. Gould had
always insisted upon IN MS railroad career.
Mr.. Dillon had kind word, also, for con-
servat.sm as well as Ar. Goufd.
1t looked as if the sloan motion would 60
through with a rush. Il didn't. Russell
Sage prevented it. He also hal a speech TO
maze. It wasn't quite 50 eulogistic as Mr..
Dlllion's, but it was entertaining. Mr..
Sage always felt bad, he said, TO oppose
and of Mr. Gnuld's plans, but just now Re
thought he ought to do 50 for tbe public's
sake. OF course, nobody We uld doubt Mr..
Gluldis go7d intentions, but yol see,
said Mr.. Sage, I'VE owe something TO
get our duties" Personally, Mr.
sage didn't mind going without dividend,
but bis soul was panied deeply by the
thought Of widows aud orphans TO suffer.
Unearned dividends had been paid through
lean times up to date, and now, right on
the eve II prosperity. it did seem TO Mr..
Sage as if the Missouri Pacific ought to be
kept on a dividend basis. Mr.. Gould could
spare the money TO provide the funds.
"Suppase you put your hand down in
your own pockets and pay it." cbimed in
young Mr.. Gould.
"In my own pockets CALCULATED Deacon
Sage. MY own pockets That's different"
| Mr.. Sage still insisted that a. least some
dividend should be paid. He was afraid
that no dividend at all might make people
think that they were stock joboers The
board smiled at this odd suspicion. But Jay
Gould showed som feeling. He arose 10
speak Standing beside the presidents long
table, he said that be considered the passing
Of the dividend wise and necessary. The
! company had been running behind. 1t bad
a big deficit. He had already advanced it
large sum Of money. Under present coudi-
tions he did not feel like advancing it any
more He believed that the stockholders
would understand and appreciate the con-
sentative policy. He was in favor Of deal
| ing honestly with stockn .lders.
| Mr.. Sage sQGlrmed in MS chair.
| Mr.. Gould continued his speech in the
same vein for little longer. He was call
| ing attention to certain Missouri Pacific sta
| tistics when the sensation OF the day came.
I =. =
| ergy be seemed to lose consciousness. He
fell into his armchair and his head dropped
into bis hands, MS whole frame Quivering
with what seemed to be great excitement.
His doctor was present, and in a moment
restoratives were provided. George Gould
became greatly excited, as did some OF the
other directors, as be assisted DR.. Mum TO
give aid to the sick man.
Thus comes the story from the board
room of the Missouri Pacific directors. II
had wide circulation in Wall street yester-
day, and the stock market was affected by
It. George Gould says the report is untrue,
and equally good authority disputes Mr..
Gould's assertion.
jay Gould was at business yesterday
His doctor was by MS side all the while. 1t
is said that his presence was needed on &C.
| count of the important transactions in mora
than one company with which he is identi-
| fed Mr.. Gould's health is about as
usual" is al official statement About
as usual" for long while past has not been
| cheerful statement. His town house
is being prepared for his immediate occu-
pancy. He is said TO be anxious to go away
on long trip, but his doctors counsel is be-
lieved to be likely to keep him here, though
away from business. Among people who
know Mr.. Gould intimately and have seen
good of him since his return from Idaho
the belief Is pretty pronounced that he is q
very sick man.
Mr.. Sage's difference Of opinion with Mr..
Gould is said TO be due to little discovery
he has made-that some of the Missouri
Pacific stock he has been buying used to
have twelve millions Of the stock The
! Wall street tale is that now Deacon Sage
has six Of those millions Mr. Gould, the
street says, has none. Naturally, the deacon
hates to see dividend passed
MEDICAL.
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