New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-01-28
WALL STREET SCEPTICAL
SEES HAND OF HOADLEY.
Widener Interests Not in Rip Pan
WinkIe Road, 1t Is Said.

Instead of representing the widener-whitney IN
terests. and therefore the Metropolitan, was
intimated at the hearing before the Railroad Com
mittee Of the aldermen on Monday. George S.
New-York Westchester and Boston Railroad. rep
resents the J. S. Hoadley aggregation, it was de-
clared yesterday by friends of the Port Chester
road. The widener and Metropolitan interests
have officially denied any connection with the New
York, Westchester and Boston road.
The westchester road hackers expected to make
capital out OF the superstition that the Philadelphia
capitalists were behind the proposed road. said
Wall Street fnanciers. This. however, would not
materialiZe, they went on. when IL became known
that Mr.. Graham is now the lawyer for the ]. S.
Hoadley and Cyrus Field JudsOn interests. which
have unloaded the market the International Air
Power Company, the American Air Power Com
pany. the General Carriage Company and the
American Locomotive Company. AS Dick & Rob-
inson showed nothing substantial for the
Westchester road than their letter declaring that
they were ready to produce money for the con-
struction Of the road, sceptical Wall Street de-
cided that it would rather see tho color Of their
money.
William c. GotshaIl. president Of the Port Chester
road declared that he had introduced the ordi-
nance IN the Beard OF Aldermen again at the re-
quest OF President Hafren. OF The Bronx and Pres
ident Fornes Of the Board of Aldermen. The
Bronx public. OF course. he said. had been at him
not to let the aldermen stand him off, on the per-
nit but to try IL again. he had made another
attempt He didn't seem greatly worried over
Little Tim" Sullivan's asperstons on the Port
Chester finances and business methods
II have sent letter 10 the Board OF Aldermen in
reference to Mr.. Sullivans query" Mr.. GOtshaI
said land in the letter have inclosed copy OF the
report made by the commission appointed by Su-
prems Court Justice Martin J. KeOgh for invssti-
eating the financial backing. intentions. etc. Of this
railroad The Railroad Commission also investigated
this matter and I have stated to the board that
that record was the property of the Railroad Com
mission. have also sent Alderman Sullivan copy
of this report for his information.
Should action be taken the Wainwright
Carpenter home rule bill the work OF construction
the New-Nork and Port Chester Railroad viii
be begun IN June. The Port Chester Railroad no
longer has any fight involving its charters as they
have all been sustained by the court OF last resort
The statement from Alderman Sullivan that the
aldermen would act favOrabl on the NeW-1Ork,
Westchester and Boston application. no matter
what the people OF The Bronx or WcstC hester
that the BOwery and Brooklyn intended
to run things for the present TO benefit themselves
without regard 70 the rights OF the pubic anected,
have aroused the entire pubic OF The Bronx
Arrangements have been made 10 comoat THIS
open defiance OF the principle OF home rule IN every
possible way. Arrangements are being made Tor
trainoad Of people to go 10 Albany and appear be-
at once the enactment OF the Wainwrtght-Car-
penter home rule bill IL 10 pointed out by citizens
OF Tho Bronx. without regard to party. that ne
statement OF Alderman Sullivan is indicative OF me
policy which the rafting clique proposes 10
adopt for the next two years