New-York tribune., 1904-09-01
BELMONT STANDS FIRM
~ ,RNS HIS EMPLOFES.
old Engineers U'onL6 Lose Good
- Cc.e of Strike, He Says.

.,,,s- Beluaonts Office yester-
49, .e---ee, -fr BclHor1 AA1 - .-,,,-. "
-..-r ,+scerE o. the Brotle-lo',1 - 9. Lo,-S s,s
-t,aa-s ana the dreIaen IAsl9- 80 -. za,,.,5 eor
- - ror1rete easdioek over tie oei.s--1 -.
onl31 ~ q ~. sr31way notorulea- AT the con
~ ~' ' % : -,esert A-Gl-sr 5eirlon'- OF l-e M M
-, ,~oropa-y. Z. 7. 5.ysn' sTiisi- -,
boro--- 15.-f F5ediey The men were tsp1e-
- Nv Grand chief stone sA1 .Sa,-1o+,vs E,nr1
eS"'e - +re B-othsrhccG o. Do-olio-1 Do-o -
fl7'-'ey o. T,o.,= chief q the Manhattan Kali
neers - of the e-zineors: President F'niieS'
- f,oai Division of nfci-el' 80
- tie jciac sdjus1 1='eit c'li-l'-'', -, zs q,
-f-s C-,-,cf sore Insisted THAI me oelnaHo "
oIAI- ,o- ,t,e hours must De granted, ano
rs---,+ ss.e that the company coHle 'Ioe
- ,-,o,5l- ret Erart ire demand ne eAp-@.Le
=. teur-n he zosition OF tie follpails' ~ -
-. - men were standing in their o"H "S-'.
~. Insisting on their demand. Air' S,oH7 -
~. 80. an frch Ny Belmont argued with MN
~ hn.s sa hour buJ he would NOT Elelu' at1
~ Belmont aaally told him fatty that oIe "e-
uard would never be granted
NJ Belmont then addressed himself 10 me men
srs talked to them in a fzthery war about the
.-.t. tsey were taking II they maie breach ne-
---.sr me rsotor-1ea and The company. he Pleaoeo
~.-b tben. on behalf os the old employees "ho
N-auld lose their positions permanently - 04 "a
n strike -. -.
There are seven hundred 1lotor1neIi' most OF
-5o-, bavs been Il. rlle employ Of The company
FOR twenty CT thirty years" be continued be-
aause OF their long and faithful services the4' pay
of s. 50 a day continued wien tAes feeelEeo
as engineers after the electric system was nitro
7,~a9 -T-,ese men Erere Of positions TOT hIe-
-. ,,,,, going 20 3eoDarllze the future Of these
-naB bv a strike? WHAT would happen then
v--v these mer would never SCI their places
again"
a. belmont then went CT 10 say fhs' the mea
on the elevated railroads were The z as| palo
r,ororr1en in tar world, and that the res coaid
-7ei1-- hc z led with n-e- az = 80 a co.
Nr. Belmont then made strong e. 2 aeha-;
os the ncto--ueu. Ee earnestly asAf~ re con
-,f-4se 10 consider their future IL of strike
lie asked then 70 80 hack 10 the motormen ana
erols3 ID them wnat he hao said before reso -icg
TO a-- radical measures ana 20 rhlna % wnat he
hss said u the committee. The company wished
10 keep Its old men, he declared, ano Il NonIo %
for die men themselves 70 decide whether or no
the friendly relations between them and the com
.,ary were 10 be severed for ever
some Of The members of the committee were
.rrca affected by MI Belmonts words and man
ue-. Another conferences viii take place at i
clock rhls morning. The company's position, Nj.
Esluaort said. WI. not be changed
There were ru-nors which could not Be verified
q q poszi5le compromise. one was that the men
receive s . day for tel hours.
The meeting with the employees was preceded b
= meeting OF the board q directors OF the Inter
borough which was held IN the board room OF
Nr Bel-nort's banking house. at No. , Nassau-st
Z. p Bryan and John 3. Mcdonald were called
mic consultation. At noon Mr. Mcdonald and the
directors departed. and the representatives Of the
engineers and hremen were shown fl. General
Superintendent Frank Hedley Joined the forces oe
the corporation. ard the tug-of-wa- began.
Hour after hour the arguments for and against
ne payment OF S 50 for nlne-hoUr day 10 motor
men in the subway went Early IN the after
noon some began 10 think about adjournment
c7r luncheon Time Is valuable in the Wall Street
district however. and a. order was sent TO the
caterer IL the building. Presently luncheon was
served II the board roou-
L was q few minutes before o. clock when the
engineers and froraen came out. They were h-ed
and anxious 70 geI. home ana think IT over. NJ.
we came 70 no definite conclusion this after
1oon," said Mr Belmont There VII have 10 be
DO YOU link there VIII be a striker" was asked
4 think the matter vii be settled and that there
VIII uolitics have anything 10 DO with the settle
7 really have nothing mere 10 say ne declared,
ger to ada he said with parting wave Of the
check for the luncheon which the men had enjoyed
motive Engineers. who on Monday referred 70 Mr;
hat there would be no strike because OF the near
ness Of election. said:
While We reached no decision to-day. feel con-
S5ent that we VIII a. another meeting. There VIII
nave to be some further conferences but the diff
What were described inside reports. 20 the ef-
FaiWav had decided 70 strike. had The eject yes
terday Of causing sharp break in Interboruugh
stock the curb. q than six points. As the
reports Of a strike we're more definite yesterday
fhan they have been for the last few days. Wal
Street men declared that the break looked Ike an
eort 20 shake our' speculative holders. Moderate
huying rallied the price two points On fhe Stock
Exchange Metropolitan rallied after early weak
". =. Jencks seen AZ his home, No 65
East One -hundred-aud-forty- -hrst-st last night.
Gp 20 the present" said Mr.. Jencks. ''the
men have grievances. We are meeting IN
order 70 trv 70 come 20 friendly agreement
hat VII be mutually satisfactory. No utin;atums
have been issued by the locomotive engineers
Ne 40 not issue utimatums in the first place,
and II the second place there mas been nothing
- warrant sn ultinaturn."
EERFAS cnRprs IN CIT rurIn