The Providence news. (Providence [R.I.]) 1891-1906, 1902-05-15

The team drivers are now in IT Tor
earnest.
They succeeded today, in persuading IL
men TO leave their teams.
OF this number. five were sent back
70 Boston. two to New London, two TO
Worcester and the remaining two VIII
leave tonight on the steamer for New
York
In the matter OF transportation, the
local union has been more than generous
and has expended a considerable sum-
$1,000 approximately.
But the strikers will be made happy
and the officers kept busy tomorrow.
For the first week the sum or SioOoV
Is available. II will not require this en-
tire amount, but reserve VIII pe heiu
in case of exigencies.
The international union with surplus
of more than 5000. 600, and as FAMOUS
statesman once said, I'VE will night IL
out IL IL takes all summer"
GENERAL MEETING TODAY.
At the headquarters, 27 Market square.
there was a general meeting, TO-DAY anu
the hall was crowded.
President Macnatr occupied the chalr
and encouraging addresses were fnaoe
by International President Clark, inter-
national Vice President O'Tooie inter
national Organizer Grace ana vice
President O'Neill
President Macnair made a powerful ex-
hortation. advising the members Oh 'ne ae
union TO be as calm IN the 1uturs as IN
the past. The police he asSeL,e1, b,r onser. ssTe
vative conduct as union men, anu a no
hoped they would continue TO enjoy re-
newed commendation. So,
Speeches In similar vein were hhaue w
the other officers OF the union.
PUBLIC DEMONSTRATION.
That the team drivers now mean pnsi, ,n
ness there can be no question and tney
will have the cooperation of the Rhode
Island Central Trades and Labor union'
as well as affiliated bodies, IN, 10
on Saturday evening next there VIII pe
a street parade OF various organizauons'
headed by the team drivers and panu,
and this will be followed py puShe
meeting on Exchange place, for whlch a
permit has already been granted by the
board of police commissioners. .,,,
The details of the demonstrauon , NH
he given in The News tomorrow evening,
but in the meantime IL can be stated there
will be speakers present from BOSTON,
New York and elsewhere. -
larly. and there will be another generai
gathering at o'clock this afternoon.
NO INCREASE HERE YET.
And now there is another local agita-
next.
II Is not caused by any union here
ahouts hut simply the result OF the ueup
in the coal regions of Pennsylvania
There Is at present no scarcity of coal
soft or hard--but If the contest continues
then the anthracite advocates may be
arrayed against those VINO peneVe IN
bituminous products.
General Manager Holden of the Eastern
Coal company said today that he saw
no reason TO advance prices as yet, But
we don't know what we might have TO
do early next week. 49,.
II the strike is adjusted. then all will
be well. but II not / don't think the
wholesalers or retailers will have TO jump
present figures 81 ton. However, we
must await eventualities.
NEW ICE TRUST.
The New England Consolidated Ice
company has been chartered under the
laws of New Jersey with capital limit
OF $16.000000.
The Boston Post today says:
The new company, which Is organized
on the same plan as the STANDARD OIL
company, has alreauy secured control or
the Commonwealth Hygienic Ice com
many of Worcester, the providence Ice
company, the Brockton Ice company, the
Taunton Ice company and the Quincy Ice
II is also making negotiations to Sc
cure control OF the Lynn Ice company,
and all the trade of % cities throughout
New England
The new company will issue $50. 900
OF per cent. bonds $S00o,OOO OF per
cent. preferred stock. and slO,O00OO OF
common stock. The bonds and pre-
ferred stock OF the new company will be
used I'm purchasing the securities OF the
subsidiary companies which Will be
taken over.
II is expected that under tho combined
management a saving OF 10 per cent. Will
be effected, and that this VIII pay per
cent. of the common stock, which Is Is
sued on the basis Of the present earning
capacity. On this basis DR.. II. John
Kaufman. the president OF the Common
wealth Ice company. declares that there
Is absolutely no water in the new COM
pany.
WILL DEAL IN COAL. TOO.
Dr Kauffmdn is the chief promoter OF
the new zee trust