The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-05-17
GREATLY ARRriaved.

! Greatly Aggrieved.
/ The Central Trust Company Of New
/ York appears to be greatly aggrieved be-
cause it was not permitted to vote the 1900
shares of Central stock, in which the Rich
mond Terminal has some sort Of interest, at
the election yesterday for directors Of the
Central. The Central Trust Company, it
seems, has suddenly Weakened up to the fact
that it has a duty to perform, or at least
thinks it has, in behalf Of the holders Of the
bonds for which the 1900 shares are Sc
curity.
But is it not rather remarkable that the
Central Trust Company was not solicitous
about the interests OF those bondholders
while the Richmond Terminal was causing
the Central's stock to depreciate in value by
its management of Centrals affairsa
When the bonds on the AZ, 900 shares Of
Central stock were issued the shares were
worth a great deal more than par. Awhile
before the Central was placed in the hands
Of receiver the shares were away below
par. But the Central Trust Company did
not appear to be anxious on behalf Of the
bondholders.
But it has suddenly become conscious of
anxiety on their behalf, although It has
every reason to believe that the present
board of directors will manage the Central
with absolute fidelity to all interests con-
oerned. And the board is composed of the
same men that were elected BY the 1900
shares, with the exception Of those who re-
signed. The only new men on the board
IN fhnaa NhOaan n Ali uaCappiaq Tho
Central Trust Company is hard to satisfy.
Why Harrison Will Be Renominated.
Senators Quay and Cameron, Mr.. Plat,
Mr.. Clarkson, Mr.. Reed, Mr.. Dudley. aud a
few more republican leaders who are trying
to prevent the denomination of the Presi-
dent are not meeting with much success
They are persistent and tireless workers,
however, and may make more of an i'm
preston than they have yet before the
meeting OF the Minneapolis convention.
They are laboring under one great disad-
vantage, however, and that is, they have
no candidate around whom to rally the op-
position. And it seems almost impossible
for them to get candidate, for the reason
that q hope is entertained by more than
finally consent to accept the nomination if
it is offered to him with anything like
unanimity.
A few days ago the leaders of the opposi-
tion to the President thought the best thing
they could do would be to push Senator
Sherman to the front for the nomination.
1t is probable that he has no objection to
his name being used in that connection, but
he sees so little prospect of success for him
self that he is not likely to exert himself to
get the nomination.
The republicans in the different states,
therefore. are electing Harrison delegations
just as If it was an assured thing that he
will be the party's nominee. Messrs. Quay,
Foraker. Dudley, Clarkson and others see
the mistake they are making, but can
not do anything to correct it. II
they could get Mr.. BLAME to permit his
name to go before the convention they
would feel sure of defeating the President,
but, as he is out OF the question, they do
not know what course TO pursue They
are simply waiting, hoping that before the
day for the assembling Of the convention
they will be able to unite upon a candidate
buhL CAL COHIuhuu Jne support OK Gil LnOSe
who are hostile to the President or believe
it would not be advisable to renominate
him.
There is not much reason to doubt that
they will be disappointed. The President
will have so large a portion Of the conven-
ton that no one will care to enter the con-
test against him.
1t is well understood that the President is
not popular and he does not expect that a
wave of enthusiasm will roll over the
country il he gets the nomination. He
relies for success upon the fact that he is
about the only man in his party, with the
exception Of Mr.. Blaine, upon whom the
different interests of the party can most
easily unite.
On the first ballot he will have pretty
nearly half of the delegates and the other
delegates will be scattered among three or
four other candidates. 1t is apparent at
once that he occupies an exceptionally
strong position.