The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-07-14
VOLUME XLII--NUMBER 2z9.

| whether he should commit euch piece
OF business folly.
Arbitration always implies acauiOs-
ccncc In the decision Of the arbitrator,
whether favorable or adverse. How
| could /, Us president Of tho Pullman
company, consent 10 Ggroe that il body
Of mon not concerned with tho interests
Of the compAny's shareholders should,
40 arbitratoIs, for any reasons seeming
good TO them, so decree. / would open
tho shops, employ men at HagcA greater
than their work could be sold for, and
continue this FuiRoas policy Indefinite.
ly, or be accused ola breach OF iaithf
Who will deny that such question is
plainly not u subject OF nfbitrAtion2 ls
| II not thOn unreasonable that the com.
pany should be askcd TO arbitrate
whether or not It should submit such q
quertion to arbitration3 Removing tho
original and fundamental question one
stage docs not help tho lattcr the queS.
tIon would still remain: Can l, as q bu.
siucss man, knowing tho truth Of the
facts which have stated. bind myself
that | will in anv contingency open
and operate tho Pullman car shops at
whatever loss, IL II should happen TO be
tho opinion Of some third party that |
should do 90. The answer seCmTto DO
plain.
"Thc public should not permit ths
roal question which has been before It
10 be obscurod. That question was as
10 the possibility OF the creation and
duration OF Il dictatorship which could
make all the industries Of tho United
States and the daily comforts OF tho
millions denendent upon thGm, hostages
for tho granting Of any fantastic whlm
OF such dictator. Any submission 10
him would havo boon long stop in
that direction, and In tho interest Of
every law.abidInG citizen Of tho United
States was not 10 bO considered ior 0
moment.
CHARGES ASswERED.
"Aiew words arc pertinent as to some
industriousIy spread charges against the
company.
"Ouo Of these charges is that rents
arc exorbitant. and 1t Is implied that
tho Pullman employees havO no choice
but to submit. Tho answer Is simply:
The average rental OF tenemonts at Pull
man Is at the rate OF s. per room per
month, and tho renting OF houses at
Pullman has no relation 10 tho work in
shops. Employees may, and very many
do, own or rent their houses outside OF
the town, aud tho buildings and BUSH
mesa plAces in tho town arc rented 10
employees or to othors in competition
with neighboring properties. In short.
tho renting business OF tho Pullman
company Is governed by tho same con.
dtions which govern any other large
owner OF real estate except that the
company itself docs directly some things
which in Chicago nro assumed by the
city. II, therefore, it is not admitted
that the rents OF any landlord are to DO
fixed by arbitration, aud that those ot
tho adjoining towns ot KensinRton and
Roseland should also be so liked, it eau
hardly be asked that tho Pullman COM
pany alone should abandon the ordi-
nary rules which govern persons IN
that relation.
"As to charges for water, the com.
pauv until lately had contract with
the village OF Hyde Park, undcr which
It paid four cents Dor thousand gallons
and pumped tho water itsolt. The gross
amount paid tho village per month for
the water consumed by tho tenants was
almost exactly the gross sum paid by
the tenants therefor Since the in.
clusion OF Hyde Park and Pullman
within tho city OF Chicago, the com.
pany pays tho city about seven cents
per thousand gallons, aud, not having
Increased tho charge to tho tenants, Ia
paying for tho water consumed by
them about $500 per month more than
is charged to thom. The company has
made repeated efforts to disassociate
itself from the supplying OF water to
the tenants, but the city OF Chicago has
as vet failed to apply the ordinary
frontage rates TO the houses and shops
in Pullman, although 1t 10 done in the
adjacent towns.
THE STOCK.
strenuous efforts havo also been
made to create q prejudice against tho
Pullman company by charges that its
stock Is heavily watored.
1.-THE Pullman company waa organ.
lied q years ago with u capi-
tai Of $1,000 900, OF which two-thiTds re-
presented tho appraised valpo oil its
cars then held by throo owners. and
one.third represented the appraised
value OF its franchises and existing con.
tracts. The company has grown until
its sleeping car service covers l25,OOO
miles OF railway, or about threo.iourths
OF tho railway system Of tho country,
and that increase Of service bus
nocessitated increase OF It's capital from
time to tIme until it is now $50, 900, 900.
Every share Of this increase has been
offered to stockholders and sold to
them or to others in the ordinary
coursc Of business at not less than par
in cash, 80 that for every share OF in-
crease outstanding thoeompany has Fo-
ceIycd slOO in cash. There are ovor
1000 stockholdors Of the company, OF
which more than one half arc women
and trustees Of estates. and tho average
holding OF each stockholder is now
cighty.six shares, one-tlfth OF them
holding less than ak shares each"