The Providence news. (Providence [R.I.]) 1891-1906, 1894-01-09
Big Petition in Circulation
for Perry Of Providence.
IS SIGNED BY HIGH OFFICIALS.
Consolidated and Wall Street VIII
Fight Hard, but Massachusetts, and
Rhode Islands Interests Are Ex-
pcctcd to Prove Winners.

ain the appointment OF receiver you
want TO look out that he isn't as bad as
the thief,n remarked prominent busi-
ness man to NEWS representative this
morning.
That is why Massachusetts and Rhode
Island business interests, especially, Of
course, those OF Boston and Providence,
are so tremendously stirred up over the
appointment Of permanent receiver for
New England.
The retention of Hart means a gobbling
up by the voraciousi Consolidated they
can accomplish it. Platt's appointment
means Wall street and a continuance OF the
work of despoiling splendid railroad
property to make money for the specula-
tors.
To Perry of Providence the stockhold-
value demands its rescue and to the inn
mense commercial interests of Eastern
New England who have already had a
taste of what it is to be throttled by a
single and only self responsible railroad
power are looking for the support of their
vital interests.
II the Perry sentiment is strong in
Providence it is doubly strong in Boston,
where the New England centers, where
are its officers, its main termini, and the
concentration of its business, and where
it has been betrayed by Prince. Boston
turns to the Providence man to gain what
its own representative has lost.
In Providence big petition for the ap-
pointment of Perry headed by the govern
or of the state and the mayor of the city is
in circulation and is being signed eagerly
" r,aar oil
furniturers, boot and shoe men and whole
salers and commission men generally.
All over New England the common and
preferred stood holders are getting together
to make decisive move that will open
the eyes of those who believed they would
tamely submit to the aggressive tactics
of the bond holders. They are thoroughly
aroused not only for themselves but for
the protection of the rights OF the C ity of
Providence and the city of Boston.
At 10 o'clock tomorrow, in the circuit
court in New York city, the question of
making the present temporary receiver
ship permanent will come up, and hot
three -cornered fight between the bond
holders, represented by William T. Hart
of Boston, the present management, rep
resented by Messrs. Platt and Mcleod,
sented by Perry of Providence, will un-
doubtedly ensue.
Meanwhile the stockholders, anxious for
their own interests and fearful that Prov
idence and Boston and their contiguous
territory will fall for once and all into the
power Of foreign railroad monopoly, will
have sent in petitions bearing the names
Of some of the most substantial and influ-
al htxef fv.
praying Judge Colt of the United States
circuit court of this district to appoint
Perry sole receiver.
Like the business men of Providence,
those of Boston foresee what will be the
result of the capture of the New England
by its successful and powerful rival.
1t will be accompanied it is understood,
by petitions from the Boston chamber
of commerce, the Boston fruit and produce
exchange and other organizations of this
city.
The petitions will recite that the real
owners of the road and those who have its
real interests at heart, are the common
and preferred stockholders, who would
have been ignored entirely in the recent
receivership proceedings had it not been
for the manly and discriminating stand
taken by Judge Colt, who refused to be
bulldozed into making hurried and par.
tisan receivership, and recognized that
the public had something at stake as well
as the parties who rushed to him at such
breakneck speed to make the original ap-
plication.
The hearing on the question of perma-
nent receivership will not come up in
Judge Colts court until Saturday, and
advocates Of Mr.. Perry for receiver are
confident that they will be able to present
a very strong case.
That the merchants of Boston as well as
Providence are all stirred up over the pros
poets of losing their only independent line
to New York Is very evident to any one
who has made even cursory study of the