New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-06
GdYNOR CONDEMNS THE la VS.
HIS LETTER on THE CAUSES OF THE
BROOKLYN STRIKE.
...,,,,.,.,., ALIVE ,,srs AID MANIpU LATioNs' OF
COMPANIES Observation-Disclosures cAflTAh-
lATInN Il STRICTLY LANFII,

Speculative USES AND MANIPr LATioNS' or
| COMPANIES Observation-Disclosures cArITAL-
zArIoN IL STRICTLY LAWFUL"
mT Is IT JUST?
Albany Feb. 5-Justice William j. Gaynor. Of
Rrooklyn. has written the following letter to the
state Board OF Mediation and Arbitration on the
Brooklyn trolley strike:
| TO the BOARD Of Mediation and Arbitration.
| regret that other duties prevented me from re-
spending at once TO your request that state 10
Ing Contention between two street railroad com
panies in Brooklyn and their men snail nor sPea ak
Uor ! question your right TO examine me concerning
hao but only Of hinss that am free to n2ea ,R 81,
I before you, and not surprised that no TWO VIII,
nesseS whether railroad officials or employees agreed
fully In respect OF what the cause rs lne tei' ,As
! does not lie In anything stated before you IL lies
in STATE Of dsguiet ana mora prU" h1t per
| vadng this intelligent community, ana whlch was
caused by speculative uses AMI nanipuiations
| which these companies have been subjected 20 Dy
! certain individuals who have come into controi oil
| Take the case OF the Brooklyn city Railroad
| Company Up TO about three years ago u was a
g. onc Was jealous or uneasy over the prosperity
OF It's stockholders for thSy were fairy emitted 20
Of many have arser man hs the en GHia
warranted l,s bonded hres o S makfn
to p sS Of "sa c o. s4'G But tie What f9Te thai
vas increased tc Soo).CO AMI the paper capital to
$1,000 Thus at 'sS s'5Ske' c taH GSp' NTH
this Il is true that change was made from horses
10 electricity. Whether the fair cost OF the cnange
! in bonds / leave to those who know what tho
legitimate cost mile for sucA ehaHsr OF , c,Jn
street rsiroad Is 600. nat .,,, here The next two
steps what aroused the public corscienc, ,ss,
In control took this great COMPANY: ana 70 ia%
crnpanv ceiled the brooklyn Heights Railroad COM
pany. which they had got control OF, Ihis nt, u
or is " rack running down to Wall-st ferry
. one might well think that instead 81 the graz
turned over to this miniature company the revere
would have happened. but i ad not f9r ma Would n,s
Of the lease this n,le company agreed 70 pay the
interest on s@ 800" IN oe ,Ieek s n the rookn
ti,v Company Al the oyerpus Il was t. keep.
on,uanv s,s made m. absorbef Of ali the earnings
Of In, brooklyn Ciiy company over EN- above
What wond have to be taken 20 pay ~ above
stated the interest the bonds and 10 per cent
on the stock Of the latter company.
ENohMo'S rArT''
Bu, this dA not satisfy those who had gone that
-, rhev must =, further TO evade the paymer;
'"F' '"e' "'"'s - -, ,h,s St. ,hrv won't
., 'n' ,Sr s,a,~ o. We, virginia. and there. in
March 1896 formed a corporation called the Long
Island Traction COMPANY with the enormous paper
r,n,,al ~ tD00o1 / need hardly say that this
huge paper company ~ ~, no a nAs s,ceI rail a
lick OF wood or anything IN the world All mt
mere was oI " w., ~ husness COMPANY It's very
name being A falsehood 1t was brought up to
Brooklyn ana those who cTsheh ~ aih az IN
pany turned 70 II the ctrtlncates 81 the 500
$4,000 81 the latter eompahy' mn ~, IN cam
pany. this West Virginia COMPANY. Win 's pn, DAN
capital Of 5000 sssb,. ' romnanv 81 ali the
earnings OF me htoTHs n o- csn, on stock al
Interest on ,d gotuS anu wv - ~
ready siecin''i ,sn. ,.a,s,c,,o,s was pernlcIous
The ensct OF ms Thay ncre discussed and CON
to the coII h,'y ,,,n ~ three met Our people
M
rS ~ v that the thing remaining be done
by those IN comroi OF an ~ ,be stroolyn CIV
thus aDsor rrs cnaigh to pay iividend on this
sh na comnany thereby to make that stock worth
gan" and enrich The holders thereof out or the
par, n,' ~ ,tbcrs To do his the employees Of
ane ~ the nrookyn CITY company would be
cn down TO the lowest point. The result OF such
took imitation is always the same: the attempt
by this means and by that to e., the money to pay !,
aiw"vs The cause OF oppression IN giving YOU
,his hsiory lvcn vo the hs,ory Of the Atlantic
. ,cyue Gompany which is subject to the
aIIcd traction company Thus With mis- just APP
prehension on the part OF the employees. and the
Hnwn /, was natural that even a small dispute
should cause serious rupture. Nothing else could
nso Ifsyon conGl, gene''' ''''"
TRANSACTIONS LAWFUL. But UNJUST
49,, g., l., t, ,,., all ,h.so trsps,ctIo,s were
strictly lawful I admit it. They were in strictcst
accordance with statute laws NJ any court would
o., -, -, H.. =, a.. lao.
nave l" 'r,i",. .,'a, on, o~,,,,,a =, ,,a, wars
al"%ys wand N never need 10 chanye Jesus Was
go w." VIZ, ,,''a, 80, ,r1 o"n,ic,.1 accordne
f'u w nv w., ',r o,n IL anI gen.ra'.on The
to iaw g dnu sa a TreI Gco,t s. taken and
pou ,,iei hocL INTO human slavery nv thc S,l-
rcmsndei p,cn mo n Tu n s,o,cs ny str,ctes,
ppo GTilg 10 law The one occurrence did not
conioI,,S :" "a" raS ~" ,bn hmr,,n r,ce nor
rftarn r ,r he coming nh"ton Of he
oiu Tue T T'i b,map rsce lie rnnvpg forword and
,nn. 90 shiogv hv n,skiny Iov,t orJ co,Li,Ions
hctier To saw that a thing is lone according TO
49, 10, -" 10 40 Il, "a, ror,'Iaiin, 4, 1,ea
,o, o,,r,vs ro,isve /, fron, n,nr,i od,u "
az m" ,rays,c,ions which / have collej vour attain
,in ~ ,r. MOI s1nglar IN prooeIvn Their INK. are
/ They have come TO be- the order OF the day In
b -. IT,, ,ht, on,Jt,i>. - - '.o,,