The times. [volume] (Richmond, Va.) 1890-1903, 1902-02-20
Cap,a n NcCarthy's Fulton Speech.

Editor of The Times:
Sir,-NIy warm personal regard Tor Cap
tain Carlton Mccarthy shall not stand IN
the way of my giving TO the pupllc t"o
or three items of interest relating TO the
street-car franchise matter. Captain Nc
Carthv is represented in to-day's Times
rs saving that the new hospital at the
corner Of Twelfth and Broad Streets IS
being erected by q family to which Rlch-
,nond has given 5000 00O-"meanlng, ADDS
the reporter, 1.-The franchise of the Rich
mond Traction Company do not pc
lieye that this statement can be substan-
tiated At the time the Traction people
undertook to build the Broad-Street line
nobody else wanted the franchise. Many
Of us know that it was regarded at Inc
time by some Of our wisest business men
as an exceedingly risky undertaking, and
there were numbers who absolutely IT,
fused to put a dollar in it.
Our lamented friend, A. LangStan JONI
ston endeavored to induce several Phlla-
Gelphia capitalists, for whom he had bullt
a road. to take stock in the Broad-Street
line One of these gentleman, large
stockholders in the Philadelphia Traction
Company, came to Richmond and spent
q day or two in looking over the ileld.
was with him most of the time, and dlu
my best to talk up the enterprise. dla
not have q dollar in it myself. but L dld
not hesitate to urge him to subscribe 10
tbc stock. because I felt confident that
it would prove paying investment. rms
man was one of the shrewdest business
men / have ever met, and after gong
over the matter from every standpoint
he declared that he doubted II the en-
tcrpriso would pay, and therefore de-
clined to put any money in it.
The Traction people not only risked
in this enterprise all the money neces-
sary to build a railway, but they Went
further and built for us perhaps the pest
street railway line in America We all
know what a delight it was for long
time after it was built to take ride on
the Traction cars after having endured
= shaking up on the other lines: and
every one will admit that it was the
building Of this line that brought aoour
the betterment Of the other railway Sys-
tens of the city.
With regard to the benefit which the
family to which Captain carton NC
Carihv refers have received from tue city
of Richmond. am i'll posltloh 10 Know
that they have done many times more
for Richmond than Richmond has ever
done for them. The building of hos
initial is but one OF q multitude OF ways
ir which they have contributed to the
welfare of our city. I doubt If there is
family in the whole Southland that
has within the past few years aided IT
sthe establishment of as many enterprise
and lent a helping hand to as may inst.
tutions that were in need as this family
that has so long been held in the 5hishest
esteem by our whole pfNple. 1 have
frequently had occasion to apply to then
for funds to assist in various benevo.
lent institutions. and I have invariably
secured not only liberal contribution
| but a most cordial expression of interest
7 may be allowed to add with regard
to Mr. Bemiss. whom Captain Mccarthy
seems to have singled out for his bitterest
i-.vective, that before this campaign ]
had never known the slightest suspicion
| ~ ha cast l1an his s-aAx5 name, and ]