Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-07-30
lare ended long AGO. The consistencv ,

| THESE TWO pOSltlO0S quite
| How, tits asked, could Judge AicCord
| have closed the receivership of his own mo-
| ton, until the parties at interest had pro-
| vided for reorganization, and prepared TO
| receive il. Was he to close it up, dump the
| whole concern into space without respOn-
sible hand to take charge OF 1t, Until some
such person or persons came forward in the
name of the lien holders, persons whom the
Judge could recognize as properly author
lied to receive the property. he must con-
tinue the receivership. The Missouri Kan
sas and Texas could not receive the road, a.
though majority stakeholder in it. be-
cause it was bound fast by an injunction
that is still in effect, prohibiting il from eX-
ercising any control whatever over or vOt-
ing any stock of the International and Great
Northern. = competing line. That injunc-
ton still holds. and no motion has been
made to dissolve it. Judge McCord had
''impartially demanded trial of the iti
cation over the property which brought
him no hing but trouble and veXation.
No complaint has ever been made by the
parties at interest that the moneys eX-
pended for betterments and improving the
property were wrongfully used. The sal
aries allowed We're small in comparison 10
those allowed in Federal receiverships.
Even Judge Clark testified that he could
not call them excessive. 1t is intimated
that if Clark knows himself, he knows that
there are people who have reaped d rich
harvest from the sowing OF railroad receiv-
erShipS, under Federal courts. and that GER
tain railroads have been defrauding their
creditors by these F'eueral receiverships,
which roads and their friends would like
nothing better than TO render state courts,
where the roads are made to pay their hon
est debts so odlous that state Judge would
ne afraid to entertain an application for a
railroad receivershlp. Under Federal re-
ceiyerships there is practically no limit TO
the salaries and allowances made. ReceIv-
ershpS We're originally ordained 10 pre-
serve the property while litigation was in
progress. That idea is now obsolete, and
they are used in the Federal courts for the
purpose of stripping the property of all
liability for the multitude of claims, great
and small, that may have accrued under
system of working the property to make 1t
pay interest on Il mountain OF bonds.
Cleared Of these membranes, the road is
''reorganlzed.' given new name, and
started out once more on its plundering
career, To continue 50 until IL IS ready for
another 'lying-in'' process.
To show that there was no common I'M
derstanding between McCord and the rest
about the distribution of spoils, - il is
shown from the evidence that the Judge re-
fused reDeatedly to grant requests of one
kind or another preferred by Chiffon, Bon
ner HerndOn, Duncan and Campbell. At
one time or another he ran counter u the
desires or everyone connected with the
suits or the receivership, and so brought
down upon his head an avalanche Of Sian
der, calumny and misrepresentation. What
ever talks the Judge may have had inside or
outside the court concerning the manage
ment of the property were in the presence
of representatives of all interests, were en-
inently proper, open and unconcealed. He
had right to consult with attorneys as TO
this or that policy of administering 50 large
an interest, So long as the talk was not
about litigation pending Some doubtful
testimony meant to convey contrary idea
is fatty coutradicted
1t is finally asked. who are the aCcuserS,
and what their attitude towards the inves-
tieation?' They are Clark. Whitaker ards
Bonner; Woldert and johnson, and Farmer
Shaw. Clark haunted the last legislature,
"a Specter of evil portent to the people, and
thought he saw in this investigation an OPP
portunity TO be revenged on he governor
and the commission, and spite NlcCord for
refusing him share in the Tyler railroad
litigation. The Whitaker letter to Gerald
was forwarded to him, as the envelope dis
closed. thus proving that his advice and
counsel preceded and doubtless instigated
the resolution offered by another Did he
not tell Campbell in the presence Of Speaker
Miner. that we are not after NlcCord we
are after Hogg and Chilton!' Whitaker had
been defeated by Judge NlcCOrd in the race
for judge, and doubtless cherished uu-
pleasant memories of it. He and his part
ner We're also disappointed in a claim for
$1,000 for representing the international and
Great Northern, when they were attorneys
for Jay Gould. This is the pair of worthless
that on the last day of the investigation
took the witness stand with fresh batch
of hearSay rot that was to crown their ''dia-
bolical efforts" but that they suddenly
found could not be given to the committee,
important though it was.
CCOne johnson, he of the educated book"
that opened at the title 'Impeachment,'
who kicked" so vigorously when pro
vision" had not been made for him, who
wrote editorials for Shaw's paper villifying
with Clark throughout this entire matter,
who, with his partner, stood around the
receivership barking and hungry for what
ever crumbs might be tossed TO them, who
wanted a deposit, master in chancery, sec
oud master in chanrery, assistant master in
chancery, employment. anything, o, Lord.
Farmer Shaw is notable only for the myS-
FERROUS bond of sympathy between himself,
Clark and Tracy, and for the fact that he
could not be found, or no tidingS got of him
at his Office, when wanted as a witness at
the investigation. These are the men who.
for selfish and political ends, masquerade
before the committee i'll the name of the
public, whose money they have caused TO
be squandered in order that they may be
revenged on men who could nOr answer
their greedy petitions, or comply with their
unholy demands.