Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-08-06
and state in plain English that they would

and state in plain English that they would
not testify.
THIS ENTIRE INVESTIGATION
discloseS from the beginning the most giar-
ingly picturesque record of inconsistencies,
fncongruitles and aosurditieS that could be
gotctogether or crowded INTO one ,se. The
reCeivership was based, IL was said, on
falsehOods and ordained for purposes of
plunder. and vet Whitaker and Bonner
thought they earned 5000 in defending IL
against the Palestine court that sought 10
nullify it The receivership was rotten,
and yet Whitaker Went 10 New York some-
time after ii had been established and sue
ceeded IN persuasing the Farmers loan
and trust company and Kennedy X Sloan to
submit their claims rs trustees to it for
settlement. II was rank with
treason, stratageuIS and spOils
and yet Waldorf and johnson
lay awake many a long night meditating on
how TO get share of the pie. 1t vTas u sink
of iniquity, aud yet It had built up aud
equipped the road SO as to answer the needs
OF the public, and justify people to travel
over II without imperiliing their lives.
1t was feast Of the yultures, and Yet
there was no proof that dollar of the re-
ceipts had been stolen or otherwise made
away with, although more than ten millions
had passed through the hands of the receiv-
ers. 1t was continued for the ''spoils' and
it was proved that the salaries under Fed
eral receiverships were far greater, and
that no one interested in the property had
ever asked to have the receivership closed.
or indicated to whom it should be turned
over il such a contingency.
Attorney General HOgg enjoined the Mis-
souri,. Kansas and Texas because {the in
junction would operate in favor Of the re-
ownership, and of Jay Gould, and yet sub
sequently interviewed for the purpose of
Cancelling some $1,000 600 worth of alleged
fraudulent stocks and bonds of the Inter
national, which stocks and bonds Mr.. Gould
and the receivers Of the road both held TO
be valid and valuable. If the attorney-gen-
eral was friendly to the receivers and Jay
Gould, he took singular way Of Showing
it, by attacking the validity of several mil
lions of stock which they We're interested
in maintaining.
They accused the Encouragement of
prostituting his official position for the
sake Of abetting the alleged rapdcitv of a
gang of plundererS. and yet Shrank in the
most cowardly manner from calling him to
the witness stand. And when he, as COVER
nor, expressed a desire in a letter 20 90 vol
unfairly before the committee 10 explain
the nature Of his litigation with the Mis-
souri,, Kansas and Texas and the lnterna-
tional and Great Northern he was not per-
mitted to do so. Still he is represented in
JGhgt 1lODSrlSCnS DfltI DIS HdNllS DtSn
either 'misled" in bringing the injunction
suit or did it for the express purpose of
abetting the cause of the receivership.
The fact is entirely ignored that the law
made it his duty 70 prevent a competing
line Of railway from gobbling up rival,
and that if he had permitted the Missouri,
Kansas and Texas to assume control of the
International and Great Northern the ma
jOrity of whose stock il owned, he would
have been guilty of a gross neglec, Of OIL
cial duty. The law prohibiting the CONSOLE
datiOn of competing lines of railway in the
state is clear ana explicit. Had 1t not
been so, the injunction proceeding insti-
tuted in April, 1883, would not still be in
full force and effect, To-day the Missouri,
Kansas and Texas. which virtually owns
the international, can exercise no more con-
troll over it than can the king OF the Sand
wlch Islands, nor will not until it comes
INTO court aud by some sort of compromise
or arrangement, gets out from under the in
junction.
The Intervention suit against the Inter-
national failed the supreme court holding
that the canoeing of the bonds asked for
by the Encouragement would serve no
useful public purpose. If that decision was
in favor of Gould and the receivers, as il
undoubtedly was. how could the action of
the encouragement have been other that
inimical TO tnemt
lie pam truth OF the matter IS. the III
veStigation was q signal and insiorious fail
ure SO far as accomplishing the malicious
purposes of those who conceived and set it
on foot. and it is believed that the report OF
the committee will so declare M effect.
That report will be filed with the secretary
Of state in few days, doubtless, when it
will be accessible to the public.
What will become of the receivership is
a tritle uncertain in view Of the two suits
filed, the ole at Tyler by the second mort
gage bondholders ana the other a. Calves
ton by the first mortgage bOudholdcrS. dur
Ing the progress of the investigation, and
both asking for transfer of the receiver
ship 20 the Federal court. Both suits We're
brought in the Federal district court of
East Texas and both will be heard al Tyler
in about ten days. What grounds exist for
4 transfer to the Federal court are not
known, but if the tranfer shall be ordered
by the Federal Judge il will probably be
granted by the state court. and the receiver
ship under 4 new set of officials, new re
celver and attOrnieS masters ana so forth,
Will. like the stream, 90 on and on. But Us
was said, this is contingent on the views TO
be taken of the transfer by the Federal
judge.