The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-02-07
THE ATTACK ON PROPERTY.
DEMOCRAfIO ASSAULTS ON COR
PORATE INVESTMENTS.
They Indicate That tho Party Intends to
stand saunreiy on tho chicago Uniform
Senator Cnntor IL Preparing 90 swallow
FREQ silver Ne n Candidate for Governor.

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as,,,or C,ntor n Tre,,r,,r "a NN,,io,,
Prsc SILVER a. , candidate cor Gover,or.
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Seli1aber0 thu cplv otbor ,,oIa non,o,rat II, tbo
Ieoislotnre will nrobo hi st,na az, for hhs on-
viction. ana vote for Tho rosoIn,,,ns =, o.nsuro
| Tho discnssion NJ tho r.,o,rtions iris ,rooh vii,
serve .tiIl further m ,cco,tuote Tho ,ssuo rnon
which tho noonIo q, N. S,,t. viii nav, r. vnt.
thi. fall os they vo,.d In 1sos
Tho attach an nron.rty cot b.vo,d tho Intro.
duction of bills This week. On Thursdav Son.
ator Cantor went before tho Committoe IN Mis-.
ceIIaneops Cornorations and ar.ued for nm
earlv and fovorab lc renort nm his hin m r.dpce
the prIce of pas to al in Manhattan and the
Bronx. The price at present is $l.15. The re-
duction would be of little benefit to the irdi.
assna.s h..aae u ar.oluns " u e,,uo .'ee
aouucea before inc committee IL would wipe
tho Consolidated Gas comnanX alon. and crinnio
49, othou oar,nansn, ~napansmo.s,- onp
tne o'ner companies proportonateiy. one OF
preferred stock and 4 per cent. on its CANNON
s.oaL w. IN ~. y. ~ u'm, w ".nno
any dividends on it's common stock. Senator
oan,uo, aepfeea.es Veneineh.iy any reauctlon m
competition among the gas companies, yet 1t
was made apparent that under his bill tho
smaller companies would be driven either into
the arms OF the larger concerns or else out Of
business. either of which outcomes would lead
" - nuonopoi' "non on"'of anu oEreat-
~ oreaas'
III COuu6CLlOn WIN senator cantor o removed
warfare ON the gas comnan,es after tho COM
promise cfrecteJ last wear by the nassag. Of
a bill for a gradual reduction. which still
has three years tn RIM Indigo Henry n
Rowland to,d tho co ou uose nt .nry =;
Henry Ward Beecher's dog Noble. Judge
Rowland called attention m tho absence
.nis year OF last years discredited experts.
Even the howl set up by the yellow journals in
.uo.' nune . u sensation nao ceased mere
"as not even inc pretence OF a pubic demand
s5 a fnr Gnnto Gsd TesaEn,d IT to the h, ppiee Of gas yet
Mr.. Beecher's dog" said Judge Rowland.
saw rabbit run into a hole in a stone wall one
and barked for another hour, and eyery day that
that hole. although the original cause of his
Representation had long since departed"
mittee that senator Coffey's bill for dollar cas-
In Brooklyn was in derogation of the contract
fixing the price of gas made by the city authori.
bis bin;
s snd 6iiVsr. All AND New s%y York and aisse%DS eHospat Grs srs
SEM senator tn e Tim sSiiiva so a is the xss sila 1ssasred Ti by
Sullivan. both New York city, Democrats. to
p wipS Sus the profits of the electric lighting COM
The continued active assault on the gas com.
house. Assemblyman Oliver. the Sage of Para.
disc Park, got after them in the Assembly with
q resolution authorizing and directing the Com.
missioner Of Public BuildinRs. LiRhtinp and
Supplies to Inquire into the prices charged, the
amount Of stocks and bonds issued. and the
value of their plants and appurtenances. and To
report to the Legislature. This PROPOSAL for
overhauling the private a ffairs of the Commands
was referred to the Cities COMMITTEES for q hear.
ing. Another resolution of Mr.. divers. calling
for information as to the business of savings
banks, went to the Committee on Banks. NJ
Oliver said that the purpose of this fnauiry was
to show that the banks could nav n higher rate
OF interest on deposits. He insisted on having
this resolution reported right away. and the
Obliged him BY reporting It ad.
yerseIy. He moved to disagree with the renort
and was beaten. 78 to go.
While Mr.. oliver wants financial institutions
to pay more interest, they have been attacked
from the other end by his colleague. Assembly.
man Sullivan Dem, Now York;. who has miro
duced a bill to reduce the legal rate of interest
on loans from g per cent. TO 8 per cent. The
losses entailed under this bill. less than half a
business can only be estimated. VI
The Democrats were a little slow in get
ting after the ferry companiea this veer
but last week the Mills came in ywith