The times. [volume] (Richmond, Va.) 1890-1903, 1892-06-19
THE pASyrLLE REoEIvrRsBIP.

THE pANyILLE REcEIvERsHIP.
II would DO sad blow indeed to the CON-
nnercial prosperity OF Richmond II any IN
toward accident brought about dissolution
| of the Terminal or the Danyille railroad sys-
TENS. Richmond's great advances in COM
mercial prosperity during the past twelve
wears has been more largely due 10 the combi-
| nation of railroad lines than to all other
| causes. Her greatest trade IS through South
side Virginia, North Carolina, South Caro-
lima. Northern Alabama and Northern Geor-
| eia Before the consolidation Of roads took
| place her shipments of goods had to break
| bulk al all sorts OF unreasonable
| places. they were retarded in transfer from
| one line 10 another, and the separate oreani-
cations kept upa great Of unnecessary
officers whose salaries must be paid out OF IN
creased charges on business transacted. All
these impediments 10 successful and satisfac-
| tory business were removed by the consolida-
| ton Of the lines under one management, ana
Richmond business men. understanding ana
appreciatng the value TO Richmonds busi-
ness that flowed from the cancellations
have eyed the recent financial embarrAss-
ments Of the system with nervousness snd
anxiety.
The court proceedings instituted against the
DanvIlle Company had many alarming iea-
lures. in that the nominal plaintih. MIS-
Rowena Clarke. was ignorant OF the character
of the proceedings taken in her name. while
the suit WAS prosecuted before Judge Speer.
one of Grants appointees. whose methods have
not commanded the confidence of the people
of Georgia and whose rulings in this case
we're OF a character 10 sst0nish those whose
pecuniary interests were involved In the mat
ter, and seriously 10 alarm those who desired
10 see the system maintained in its integrity.
Viewing all these facts separately and con-
nectedly the movement against the Danvlle
railroad before Judge Speer bears all the
marks Of O raid upon valuable property insti-
gated and promoted by railroad wreckers, or
by men who have one scheme before their
minds while pretending to aim at the accom-
plishment Of another
In ordinary circumstances movement
against railroad TO put it into the hands of
a receiver would be most injurious 10 its
credit and integrity, but, as matters stand in
respect to the Danville system. we believe
the move made by Messrs. Clyde. Maben and
Goadby before Judge Bond was in the
highest degree conservative, and for the pro-
lection of all parties concerned from the
well-directed efforts of sbarpers and vultures.
And we are happy to be able to come to the
conclusion. as far as the press statements
have informed US. that the movement will
prove successful. The valuable connections
Of the Danville system lie, as we have said.
in Virginia. North Carolina. South Carolina.
Alabama and Northern Georgia. AS consid-
cradle part of the Atlanta and Charlotte Air
Line lies in Georgia, and this IS a
property of the very greatest impor-
lance to the Dsnville Georgia is
divided into the Northern United States
District and the Southern United States
District Judge Speer is the judge Of the
Southern District. but the Northern District
has for its United States Judge a one-armed
Confederate cavalry soldier named Newman,
for the appointment of whom the people may
thank that patriot and statesman Grover
Cleveland. The Danyilles valuable property
in Georgia lies territorially within the District
of Judge Newman. and the press dispatches /
inform US that he has adopted Judge Bonds |
order appointing receivers for that part of the |
property lying within his District, thus |
making a harmonious and business
receiver management for the whole system. |
For this, all we'll wishers of the system will be
grateful Meanwhile the press dispatches |
state that Judge Speer is performing the act |
of the viper and the file and undertaking to
play an outside receiver role of bis own but |
we predict that the drama will never ma
terialize. If it does, Judges Bond and Newman
will be on hand to play their part.