The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-03-11
TO
STEPHENS WOOD CORNELL,
In Appreciation OF MS
Citizenship.
From
His Fellow TownSmen
OF
PleaSantviile. y. Y.
March 10. 1908.


:..................... .................'
II il fitting to record here what that
inscription meant to th. people Of pleasant
vile H. the early summer year ago
Mi Cornell, who is a man of large business
interests in the town, with practical mo-
nopoly OF the lumber and building industry
aud a complete monopoly Of the coal busi-
pcss, saw ia, signs Of coming trouble.
H., ordered coal. and when 1t came he sent
90 the mines for more coal. He kept on
ordering coal until his yards were hardly
big enough to hold all that came. The last
few carloads that h, ordered LETT the mLrs
but "a day before III, strike began. he
was notified that the shipment. had been
,ioppod and that Re couldn't have IT.. he
threatened lawsuits. he telesraphed. he
travelled. he wrote rram oil letters ana
,he shipment came and was added To the
Iil'S already IN his yards
Everybody in Pi.asaniville. IA in the
rest of tho country. became nervous about
coal, Heavy orders began TO pile in on
Mr.. Cornell from the village people. he
told everybody to take his time and not to
get panicky.
I'm going to have coal enough for the
town, | think he said, IF only folks will
h"p me out and not try to get me to give
them more coal than they actually need
He kept his word. He sold no coal 10
He saw to IL that no one ran out OF coal
He kept his eye on the New York coal
market and snapped up every carload OF
coal there that he could lay his hands on.
He went down To New York and saw these
shipments billed TO Plcasantvillc. and then
H. went up the road with them and saw to IL
that they went where they were sent. Only
lxO or three carloads got away from hi
But, most OF all. he kept the price down.
A. the price was raised at his sources 81
ltaN
70 pay himself the normal profit. Every
where else coal was rising as high as tho
greed of the local dealers could make II
80. IL went up to ego ton IN White Plains,
only an hours drive from Pleasantvilie
New York folks know how high it went
here
Mr.. Corncl's coal never went higher than
$40 n ton. The minute that he could CON
-istCntly with his business principles soil 1t
cheaper the price went down u il hut a
few weeks since White Plains coal dealer.
hearing that Mr.. Cornell had Just secured
n shipment Of several carloads Of coal,
ielephon.d 90 him an offer Of SO ton for
the lot a. II stood on his siding. This was
Mr.. G, ruolIs answer
THAT coal was not bought TO ne sold
nv the carload 20 White Plains At $40 ton.
II .ns bought 10 I've Sold To the people Of
Pier Santyille A. 60 80 a ton. Good-hy."
There has been no difficulty, in the circIinn-
stances, in making folks whose coal dealers
understand that he was n man worthy Of
being honore.l by hi fellow citizens
The movement toward tonight banquet
was started 2 week or two ago hy ak or
seven men who were talking ~" matter
over on home bound rain The ythough'
. that iif'een or twenty men light IT. found
in Pleasantvit" who would think ht'le
public appreciation ~ Mr. Cornell ~as
worth while When they H. gan spreading
. tue idea everybody wanted ~ come. The
- F.f saIla. INasaFE 81 "a
and grew until there were well Over ninety
who sat down ~ IA" hanlu", tn-night
All wanted shan. IN "a" thing
naniel p Hayrs. VITO ~ s'll-known
ia~ys'T ~ New lDTk. bul ~ pfvHIdsuf uf th~
Vllaee ~ prasaLt il- here, Ia say nothing
~ his l-,ng godfather 80 th. Dani"i .
Have Hnss company, ioinsd "a Nth I nd.'r
eheFin Charles N LAM aud I. 4 liril, ia.
manage ~ Tho hHs hork oiiy hu-iu.-s ~
o,e ~ 'hs lagg,-t = Nes iofk he ~
snfaBs- ,Spinl,anp.-. and fif. ,omml--
sioner " N M0on", II ,tionsT and 'siiipr
end IaIhli-trr ~ the PHEASANT Nillr JIsfHdl,
snd no. tWp ps-fiut-t.ir. u 7 Baii-N and
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siss, hls town liksi he snu pfA man
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