The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-07-19

tration? Is it not unreasonable that
the company should be asked to arbi-
| trate whether or not lG should submit
such question to arbitration? Re-
moving the original and fundamental
question on stage, does not help the
matter; the question would still re-
main, Can | as a business man, know
| ing the truth of the fact which have
stated by myself that L will in any
contingency operate the Pullman car
shops at loss, if it should happen to
| be the opinion of a third party that /
shodld do SOP The answer seems to
| be plain; the public should not permit
the real question, which has been
stated before, to be Obscured.
"The question was as to the posi-
! bility OF the creation and duration of
q dictatorship which could make all
the Industries OF the United States
aud Inc daily comfort of the millions
dependent uOJu them, hostages for
the granting of any fantastic within of
such dictator. Any submission to
him would have been a long step in
that direction a1d in the interest of
every law abiding citizen of the United
States was not to be considered for
moment
GA few words as to grievances
against the company. One of the
charges is that rents are eXhorbitant,
and il is implied that the employees
have no choice but TO submit. The
answer is simple The average rental
OF tenements at Pullman is at the rate
of s. per room per month, and the
pf hnn1as hnu No rnlatiDn n
the work in the shops. Employees
may, and very many do, own or rent
their houses outside of the
town, and the building and business
places are rented to employees. In
short, the renting business OF the Pull
man company is governed by the
came conditions which govern any
other large owner of real estate, except
that the company itself does directly
some things which in Chicago aret
assumed by the city. If, therefore, il
is not admitted that rents of any land
lord are TO be fixed by arbitration and
thar those of the adjoining town of
KensigtOn and Rosela1d should also
be so fixed, it can hardly be asked
that the Pullman company should
abandon the ordinary rules which
govern persons in that relation,
"a to charges for water, the COM
pany until lately had contract with
the village of Hyde Park, under
which it paid cents per 1000 gallons
aud pumped the water itself. The
gross amount paid the village
per month tor the water
consumed by the tenants was
almost exactly the gross sum
paid by the tenants therefor Since
the inclusion of Hyde Park and Pull
man within the city of Chicago the
company pays the city about seven
cents per 1000 gallons and not having
increased the charge to the tenants
are paying for the water consumed by
them about $500 per month more than
is charged 10 them. The company
has msde repeated efforts to 0isasso-
ciate itself from supplying of water to
tenats but the city Of Chicago has as
yet failed to apply the ordinance 'front.'
age rates to the houses and shops in
Pullman although it is done in ada
cent towns
strenuous efforts have also been
made to create prejudice against
the Pullman Company by charges
IudJ lIS shpCh Is hSdNliy "dLSI0us
The Pullman Company was organized
q years ago with capital of 81 ,000-
900, OF which two-thrids represented the
appraised value of its cars then held
by three owners and one.third repre-
sented the appraised values of its
franchises and existing contracts.
The company has grown until it's
sleeping car service covers $4,000
miles of railroad or about three
fourths Of the railway system of the
country, and that increase Of service
has necessitated increase of capital
stock from time to time until it is
now $36, 900, 900 Every share of
this increase has been offered to
stock holders and sold them to others
in the ordinary course of business at
not less than par in cash, 80 that for
every share of increase obtained the
company has received 500 share.
There are over 1000 stockholders of
the company, of whom more than 1-2
are women and trustees of estates
and the average holding of each stock
holder is sc shares, LIS of them hold
ing less tha1 shares each.
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