The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-12-01

opinion which Mr.. Whitney and Mr..
AddicBs hold toward one another, the
story is one of the funniest fakes ever
launched on the public. Only Wednes-
day evening the Boston Record, a good
authority on the movements of Mr..
Addicks and Mr.. Whitney, said:
Worcester is very much agitated over
the story that Addicks is going up
there to start a local gas fight and
that H. M. Whitney is going to operate
in connection with him. Anybody who
knows the relations of the two men
here in Boston will not wait very long
in considering details as presented in
that form"
William H. COughlin, superintendent
of the Electric Light Company when
asked what he had to say about the
story, replied: 1T is the most silly and
preposterous statement 1 have ever
read. The only substance to it is that
an offer of $3.50 a share was made the
Electric Light Company on Wednes-
day, and refused. 1t was in
timated that the Consolidated
road had been purchased by
the same syndicate that offered to buy
our company stock, but I do not be-
lieve the story has any basis in fact.
Indeed, do not know of any
party or parties who are able
to pass over controlling interest in
the Consolidated nor do 1 know of any
one who does. So far as Mr.. Whitney
and Mr.. Addicks operating Jointly a
gas movement goes, it sounds ridicu-
lous to those who know anything con-
corning them. Indeed. if any one was
so foolish as to assume that Mr. Ad-
dicks was going to enter into such a
deal, one could hardly place it with
any sense of consistency by the side
of the statement that the new gas
company proposes rs cents as its high
est limit. In both Boston and New
York it has gone up to and above the
dollar-mark, and it is not likely that
man like j. Edward Addicks would
come in here to a little place like Wor-
cester to run gas down to 10 cents. To
sum it all up, there is no foundation
whatever for the story"
President Francis H. Dewey of the
Consolidated road was asked by The
Spy man, while he winked the other
eye, Does the syndicate begin it's
changes in the operations of the street
railway at once?'
There is not a word of truth in the
reported sale of the Consolidated COM
pany," said Mr.. Dewey. THE road re-
mains the same today as it has always
been. The story is simply a continual
ton of those started last spring, all of
which were untrue"
Treasurer Albert H. Stone of the cor
poration said: "Mr Dewey knows
whereof he speaks. I can only corrob-
crate his denial"
superintendent John N. Akarman
said: 1.-THE story is false from begin
ming to end. So far as the Consolidat-
ed road is concerned, there is not the
slightest foundation for any Of the
statements that have been made. No
options have been given for the simple
reason that no offer has ever been
made, and if there were any, 1 do not
know the man who could command a
controlling interest to pass over to any
person in a hurry"
Ex-mayor Henry A. Marsh said: Il
know nothing about it, but I don't be-
lieve there is a word of truth in it,
Thomas M. Rogers, president of the
Worcester Electric Ligh. Co., said:
There has been a lot of talk. but no
action whatever. The simple facts of
the case are that an offer of $3.50 a
share has been made for our stock.
and it was refused. The chances of
selling are no nearer a certainty than
they ever have been. 1t is possible, as
in any other case, for anybody to buy
the stock, provided they offer enough
of an inducement to SELL"
Col. A. George Bullock had but Just
returned from New York yesterday.
and id that he knew nothing of the
matte, but if the story had been true,
he believed he would have known it.
So far as the Consolidated road was
concerned, he didn't know a sufficient
number of stockholders, who could get
together and pass over controlling in
terest in the road. He did not believe
there was any substance or fact in the
story
One gentleman, who probably bears
as close relations to the interests of
both the electric light company and the
Consolidated road, said that at the
meeting of the directors of the electric
light company only one member, whose
name The Spy does not care to divulge.
voted to sell at the price offered. 1t
was then that the New York man
stated that the syndicate he represent
ed had bought the Consolidated stock.
There is a good deal of everything
but fact about the whole story. The
Spy knew that the meeting was to be
held, and that the offer was to be made
by the New York syndicate. and after
the meeting The Spy knew that the Of
fer was refused, and there was, there
fore, nothing to publish. The story of
the Telegram was like the offer of the
New York syndicate,-wind, and the
only reason that The Spy uses so much
space to present a refutation is in de-
fence of those large and important To-
cal interests that may, in a measure.
suffer by such silly and preposterous
statements being cast broadcast
through the state.
When there are commercial or indus
trial changes of any note occurring in
this community The Spy has been the
first to present them. 1t will always do
So