The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1891-02-12
YORK LETTER.

NEW YORK LETTER.
Sole LIGHT ON THE GENTLE
MANS AoREEMENT..
: correspondent Of the Chicago s.Expraxs,,
writes . Letter Full or Interest-Western
m Should beware Of Theif Fast
ern Brethren.
At last the railroad presidents, repre-
.enting three rillion dollafs Of property.
nave met IN this city and made their
"gentemah's agreement" A TRANCE
EPISODE, casting a horrid, CHASTITY, IN.
sanny light on the whole affair IA Tins
described:
"A L1TTLE FURRY In THE MEEriNe."
The h road that stood out against
inc agreement was the Chicago. 81.
raul y Kansas City railroad. through
tho inhaeilce of Mr.. StickneN its former
president. MI. StfekneSy is said to have
aired his oplrt0n very freely about tho
good OF such a compact. The presidents
sot together two years ago. he Said, in
the same way, and .,,es had done moth
ing since bMs Is cheat each other at
every M0tc. This dialogue is rcported
to have taken place:
Alr. Stlckney-1 believe that all the
presidents here are hencrabte gentlemen.
ana as private ihaiViduals l would trust
them Win any amount of money. But
az heads OF railroads they are a lot of
~sconndrels, and l wouldn't believe them
under oath; neither would l trust them
with a cent out Of my sight
Mr, OaksADe you mean, MI. Stick
ney, that YOU wouldn't trust us with
your money In your capacity as presi-
dent Or since YOU resigned that office?
Mr.. Gould-That reminds me of an
experience of Daniel Drew during the
financial panic Of 1857. He happened
into q little Old fashioned Methodist
church iii John street during a revival
service, and his attention. wa riveted on
a man who was telling what an awful
sinner he used to be, what 4 liar he was,
and how he swlndied men out of their
money In the street. Hc said it was the
NEST Wonderful thing he ever heard Of
that the Lord could save such a villain.
MIR. Drew grew Interested. He
nndgcd tho person next to him and
asked: "Nho is the person that led such
q reckless life 2' THAT'S Daniel Drew"
was the answer.
Sc you see the Little Wizard has be-
come SO respectable that he can hint
Jocosely at his own villainous career.
The fact Is that Jay Gould Il the real
organizer of the compact; though J.
Plcrpont Morgan is put forward as the
leader. Gould's triumph is now COIL
plete. He is the king of America. In
this movement be takes rs partners the
last OF those who have opposed or
trowned upon him. The Vandefbilts
n Brown Brothers e Co., are repre-
scnted in this AGREEMENT.
AS to Pierpont Morgan, he is supposed
to be the cunningest man in the world.
except the Hebrew Observation-Disclosures
visited by the Prince of Wales, to the
great horror of aristocratic GcrmanE.
The association Is Just like the Trunk
Line association, niid will strive to work
with 1t and the Central Traffic associa.
tien, Which two embrace all the midland
roads east of Chicago and st. Louis. II
expects to take in oil west OF those
points. Aldico L, Walker is named for
the acting head.
A new proof that all power centers in
New York bankers is seen in this asser.
ton in a New York money article.
"The tenure of office of railway prcsi.
dents is by no means as strong as in past
years, and prominent houses, where Will
Ing, find it much easier to secure proxies
in behalf of reform measures. A care
ful canvass of the various brokers' offices
would show that in nearly every election,
particularly of the newer roads, the
brokers chiefly by indiscriminate grant.
Ing of proxies, practically hold the bal.
ance of power. In ether words, if the
members of the Now York stock ex.
change were agreed to have the proxies
on all stocks in their names, notdirectec
by the me themselves, deposited al
reach railroad eieetcieh--wviitth. a -committes
OF the stock exchange, great reforms
could be enforced and the interests oil
their clients will be protected.o
Think of that! Great reforms! Grea1
item Scott would have a cool thrill Of
delight in the purgatorial fires If he reat
that,
This argument Il the New York San,
last ditch In she fight with ~paternalism
Dana-who seemed once to have thu
making of a great and good man, and Is
v IL SIC VI tllt IlCu tWEtGS VI Lu(
best news journal In the world-goe:
over moro and more to the bad, and the
SUI more lnblushingly becomes the or
gan of capital.
He says that this argument is Jus,
perfect. He has been working for il
for two years-a resolution that will
restore security to every branch of bust
ness" He Is as rough as Stickney or
his "eopafceners," and says:
THAT there should ever have been oc.
caslon Tor that action no one connectet
With it can in the future fail I'd blush
but now that the thing Is done, the les.
said about the past the better, particu
larly as the future is infinitely more at
tractive."
He says there a never again be the
big plumber there has been; but if thu
railroads are we'll worked ''they vii
readily prove to be what we have Away!
held that they are, and that is, the fines
properties ever created by human indus
try. and enterprise. They have no
fathomed a 1.-THE of the of thei
several territories"
You bet! enormous swag there yet, !
the paternal alliance does not step il
to interfere with the genteel ''argument.
A word to the wise. When this dragon
has but one head, it will take but on
paternal whack to remove that head.
BEWARE OF TROJAN HORSES.
Farmers of the east, beware of you
eastern brethren. 1t was such oil.
granny papers as the Elmira Husband
man, of New York, the Farmers Friend
of Pennsylvania, that took the snap on
of the Grange and made it a shack mum