The Indianapolis journal., 1891-02-20
LOOKS LIKE A CONSPIRACY
Enemies of the Monon Line Are Merely
Trying to Gust President BreyfOgle.
Alley Thought to Be Simply Tool Of Carson,
Who Would Like to Regain Possession of
the Rosd-Col. Horace Scott's Views.

There were no new eensatfonal features
rs regards the receivership of the Louis
Vile. New Albany * Chicago road yester-
day. Col Horace Scott, of Louisville, was
IN the city yesterday. and states that he
knows the Moncn to be all right at Is
not Breyfogle,D said he, who Is trying to
wreck the road, as the Louisville papers
have it, but the outs who are endeavoring
TO do so. Col. Bennett Young being of that
number, as well as Harry Crawford and
Others who have been named" Colonel
Scott says the improvements on the road
bed and equipments of the Monon show
that every dollar has been well expended,
and he thinks. honestly. He thought it
was q serious matter if the enemies of a
road could scour the country over and
gather up all the claims they could get
agajr st it, some of which might not be due
and some unadjusted, and present them be-
fore court and throw the line into the
ficient cause any road is liable to be
thrown into the hands of n re-
ceiver, as there is not an I'M
portant road which does not at
Of doliars Of favn Current % opIisatons 'Ns Witbin
the last ten days President Breyfogie
said TO an Indianapolis attorney that the
financial affairs of the company, with the
handsome earnings the road was making,
were rapidly getting into excellent shape.
He added that he had the money TO pay the
taxes on the property which would be due
April l. The talk of q receiver has made
some of the creditors of the company
uneasy. and this resulted in a run on the
road much of the character of o run on
bank which rumor said was weak. AS an
instance, an indianapolis creditor, yester-
day morning. rushed into one OF the court
rooms. not waiting to find his attorney,
and. wbile tie Judge was trying q case,
asked him to drop it long enough to give
him Judgment against the road, which.
he said. was surely going into the hands of
a receiver. The Judge took the matter cool
ly, and sent for the attorney of the Monon,
1ngs of the creditor BIZ telling him that the
motley was ready 10 pay his claim the day
it fell due.
There is still q lingering belief that the
PeDnsylvania Company Is now. and has
been behind the changes in the Monon
within the lsst twelve months, and that it
eventually will come under its control.
Referring TO the published statement that
i've shares of Louisville. New Albany &
Chicago stock had been fraudulently placed
IN the names of certain directors Presid ent
Breyfogle 10 quoted as saying: "Some years
ago the board of directors ordered the
treasurer to purchase ten shares of the CON-
pany's stock for the purpose Of placing one
the former management these certificates
stood in the names of Messrs. Samuel Sloan,
James Roosevelt. Elihu Root. X. G. Rolston
and others When the new management
came in they were simply transferred to the
names of the new directors and Immediately
Endorsed by them and returned to the
treasurer of the company. where they now
are. The object of this is 20 prevent illegal
action by reason of any failure of di-
rector to appear &c a stakeholder of record.
m O
occ1r. for An official act depends entirely
upon the legal qualifications of the actor
Master In Chancery Boyesen began TAX
ing testimony. at Chicago, yesterday, on
the application of w. s. Alley for the ap-
pointment of q receiver Before the in
vestlgation WAS fairly commenced, how
ever, it was agreed to suspend proceedings
until next Monday in order that the Monon
people may have chance to hie an answer
TO Alleys sensational bill. President Brey-
fogle Is expected TO arrive here from New
York next Monday. Among dlsinterested
railroad men, at Chicago, the opinion pre-
walls that the fling of the bill Is simply the
has for its object the busting of the present
management of the Monon. The next an
nual meeting of the company Will be held
March ii. and it 10 sald to be tho hope of
the dissatisfied stockholders to secure con-
agslnet President Breyfogle and the present
board of directors. The gossips say that if
the movement is successful it will result in
the reinstatement of John b. Carson as
president Of she road
Ruling as to Rates ON Flour and Grain.
The eInterstate-commerce Commission yes
terday made public an opinion prepared
some time ago by Commissioner Schoon-
maker. IN which is announced the decision in
the case of the Kaufman Milling Company
of St Louis against the Missouri Pacific
Railroad Company and nineteen other COM
panies. The rate on -four from points in
Missouri and Kansas to points in Texas is
5 cents higher than the rate on wheat
transported between the same points, and
had been from to Is cents higher for fif-
teen years or more. up to 1886, when the
differential was fixed at cents. Rates on
both commodities are grouped without ref
erence. To distance. The complainant
claimed that the rates on wheat and -four
should be equal. The commission declded
that under the conditions existing in the
territory in question o rate of 5 cents less
per hundred pounds on wheat than on -four
Is not unlawful. but that q differential ex-
ceedIng cents per hundred pounds works
unjust discrimination and Is unlawful.
The decision only applies to the
present situation in the territory in ques-
fion and is not intended to lay down q
permanent rule for the future, nor to ap-
ply elsewhere. Questions that may arise
IN case a uniform classification 10 estab-
liSbed are reserved, and the principle is
laid down that at present an exception to
a general rule of classi flea OF rate max
ing may be justified by adequate consider
atIons, in view of dissimilar conditions in
different portions of the country. and when
a rigid application of a general rule would
be injurious to important public interests.
The opinion states that the power os Con-
aross to regulate commerce among the
States is absolute, and rates on such COM
merce may be regulated by federal author
ity, with reference to trade conditions and
circumstances of localities, without in
fringing tho rights of immunities of such
commerce under the Constitution. Com
missioner Morrison filed @ dissenting opin-
son-
Statements That Do Not Consist
Officials of the Atchison and the Jack
sonviIle Southeastern roads deny that they
are IL sry way responsible for the making z
of rounG-trip rate of 81 on the occasion of
the excursion from st. Louis to Chicago
next Saturday. The agreed rate was $3.50
for the round trip. but the Chicago & Alton
notified Chairman Finley Wednesday that
IL would be compelled to make a 81 rate.
having discovered that such q reduction
had been made by the Jacksonville South
eastern. General Passenger Agent Kent, of
the latter road. wired the Atchison officials
Yesterday that the accusation was false;
that the 50 rate WAS the result Of an agree
ment between the Alton and the Wabash
and that he had not even met it. Chair
man Finley has authorized all lines to meet
the rate.