Western liberal. (Lordsburg, N.M.) 1887-1919, 1902-02-21
AN INcAurIoUe 4
The Figaro n Cut IN ManapulaainR q
MIA Rafroaa Deal


TAs Figaro II cus IN Manipulatins q
Ma Railroad Deal
For many. many years." said sn old
railroad omcial. 'the Baltimore and
Ohio railroads dominant policy IN.
volved an entrance into New York.
and the Pennsylvania and Baltimore
and Ohio Sere bitter competitors.
Both roads owned heavy blocks OF the
Philadelphia, Wilmington and Balti
more stock. but the balance that car
ried the control was In the hands OF an.
individual owner. The Pennsylvania
had made a dlcker with this man
whereby be voted With them. but the
stock itself he refused to part with
save at figures which seemed 10 the
Pennsylvania management excessive.
This was tne state OF AFFAIRS when
one night one Of the onicers Of the
Pennsylvania was dining In the cafe
Of Delmonico's famous old restaurant
Mt Twenty sixth street and Broadway.
His attention was presently coneen-
trated on a conversation going on at
the table behind him. Il involved the
important control OF the Philadelphia.
Wilmington and Baltimore. and the
man talking was incautiOusly boast.
ing to his companion that he had That
day practically completed a deal where
by this control came to him.
"a careful glance revealed 10 the
PENNSYLVANIA official that the man
talking at the next table was no other
person than the late Robert Garrett
himself, at that time president OF the
Baltimore and Ohio. Not n word Of
the balance Of thaS talk was lost 70 the.
eavesdropper, and when Garrett and
his companion left the cafe the Penn
. sylvanIa official knew each and every
, detail OF CARROTS coup In Ph,isdel
phla, Wilmington and Baltimore. II
hinged on the stock held by the lndl
vidual. Garrett had made him a gilt
/ tering and s%tupendous cash offer for
his holdings. which had been accepted.
The delivery OF stock was to take
place the following day.
"It was 10 o'clock at night when the
Pennsylvania official detached himself
from DelmOnico's table. Al fast as
cab could take him he raced to the
Desbrosses street ferry. At Jersey
City he took n special engine. and after
a wild ninety mile ride he rolled into
Philadelphia shortly after midnight.
, Then a hasty conference ensued Of the
powers that were at that day In Penn
sylvanla railroad AFFAIRS. with the re-
suit that In a very short time certain
OF the big men were making for a
nearby city as fast M steam could car
~ them. The astOnlshed Individual
holder of p. w. and b. stock was rOut-
ed out Of bed at 2 a IN. to receive q
cash offer for his stock that he accept
ed Us soon ns he could could catch his
breath. No chances were taken, and
It's delivery to the Pennsylvania oc
CURED as early upon the following
morning as It could be got at.
when Garrett arrived later. he bit
terly appreciated the truth there ls II
the old saw that there Ia many a sliI
'twixt cup and lip. What followed Il
well known. Garrett In hiE dlsappolnt
cd anger built the %terrihcally expen
sive b. and o. extension from Balu
more to Philadelphia. an operation Ina
saddled the Il and o. with such al
enormous amount Of hxed charges tina
, n ~receivership and the d%isappearanc'
. of the CARROTS as controlling factor
In Il. and o. affairs shortly followed
1t seems like the irony Of fate that thi
rond today should be controlled by II
ancient rival. the Pennsylvania. Il
. this connection It will he remembered
, that the late william II. Vanderbilt
was fatally stricken with apOplex.
while talking with Robert Garrett
, was generally reported and believes
) that the two men were discussing 3
!. and O.'s then proposed entrance int
, New York. Mr.. Garrett was said I
> have emphaticaly stated to Mr.. Van
derbIIt that the r.. and o. would com
+, to New York whether he (Mr Wander
bilo and the New York Central liked !
or not."-New York Tribune.