The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-02-13
WILL THE DEAL BE UPSET.
TIE LEASE OF TIE LEHT6H VALLEY
TO THE READING SAID TO BE ILLEGAL.


turned over yesterday under lease" to the
Port Reading Railroad Company. thus settling.
as far as these two companies arc concerned.
the exact relations between two OF the rail-
roads in the big anthracite deal Whether
the LehiGh Valley Is leased to the Philadelphia
and Reading proper or to the Port Reading
road. as the Jersey Central Is. does not yet ap-
pear. The control may be acquired by some
other method than lease. so as to get around
the laws OF Pennsylvania. But. in any event.
It looks as II efforts would be made to break
up the combination as being contrary to the
laws OF New Jersey as well as Pennsylvania.
The notices that were issued yesterday fol-
low. President Maxwell Of the Central has
been honored with the appointment Of Vice.
President Of the Port Reading Railroad. a line
twenty miles long and not yet completed. OK
tending from Bound Brook to the Arthur KILL
opposite Staten Island. The purpose OF this
appointment Is probably to clinch his control
OF the Jersey Central. and probably to place
him IN charge Of the entire traffic q the conf ON;
snsd manage nss Il hs ssS at s
CENTRAL hnTts , Go1SAsr NJ +; iisss.
,.sS e: l.: s:.srs
accessories of this '0"S.PRy os anats President
Tar Poar Rs.piSo R.ILEoAp CoHrASr.}
SI s n .s sYn: h.
taken ~ Isis9aS snd
nsea MN 81 M.w n yssbsss
iny,ssr and
Fc sHs ~ BEEN
accordingly. 4. a. McLKon. President.
PHILADELPHIA. Feb 1.-THE contamination
The oTo OF IN
to 20 into a' court and attempt to prevent the
combination. The opinion was generally ex;;
Pressed that no legal obstacles could he Ss
Leod OF the Reading Railroad was not in the
city another ocsl q tho ISsY II. s sSd ec,
points were carefully considered before neso;
tiations were begun. We had the best legal
Sss t. SHos sens the
"A. j. Gassatt, one Of the directors Of the
BEADING leases to be a clear violation OF the
us and ssd saas ns es'
law and tho Constitution q the State that has
this gigantic Confirmation can have forgotten
the result OF tho litigation growing, out. Of the
road Company Com OF the South penn road and the
Beech Creek road some years ago, In this
ns 5sS .s%osa 81 Ss
pnrchass: hut Is soon az ~ Intention r. Se,
saas oSsr the The
ernor. intsrposed and applied IT, to , the
ford and Bridgeport Rnilrond and tho Penn
sylvania Railroad from consummating the
sfRR IT'S
railrond corporation from leasing. purchasing
or n any way acquiring the control Of com
tile result that the State won at every point,
and the Bedford and Bridgeport and the Penn
or indirectly or in any way carrying out the
intended purchase or control:
In the reports OF the Read ng's trans
Valley Railroad Company. a company that
a thousand different ways with the Reading.
enss i nes
aeey from T PhIl h 70 Wkesba1re IS
created esss . By tho '' Reading RaIroad So%pany
and now owned and controlled by that COM
pany. unless the control has been constrnc-
yay the the OF
Here is an attempt to create a monopoly OF
almost the entire ANTHRACITE output OF the
State. which amounts to 4O.OuO.OO0 tons per
to aT The price q the fuel used by every house,
When asked whether the PENNSYLVANIA Rail-
ings to prevent the deal being carried out. Mr..
Gassstt said he knew nothing about that but
1T happens. fortunately that the Governor
OF the State is the same Governor who 80
promptly took action against the Pennsyl-
vania Railroad In the case referred to-"
would be to suspect that Gov: Pattlson would
fail In his plain duty. and he tCassatt) was not
willing to suppose anything OF the kind.