New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-15
A DAYS DOINGS IN NEW JERSEY.

transportation since the canal was euniInaIed pS
that company's own nisrnanagemont from the
The anthracite coal monopoy is one Of the legal
lied wrongs Of the times, The Lehigh and i other
coal READS accomplished ny plrcn , anu iar,
finance what they failed 70 accomplish oy the al
TO- Instead Of the ownership or direct control by
the PUBLIC OF the coal lids both the laIas ~
well the transportation Of this coal has come
under the ownership and unrestrlcted eohtioi % d
The Pennsvivania Iegislature is now dealing
with this question. the contention being made that
Of the laws Of that State Tie corporations claim
that they are acting within their Vested rights,
freight, and the average price of anthracite coat
ports had, for the fve years up to lsoi, been in
creased go per cent
SQUEEZING PROCESS CONTINUES.
During the last two years, and since the issuance
gone Sa on abaee and he on6postie screws
been turned on stiI harder Every IacIoryi ES1
home every poor woman VINO buys coal oy f' t p,l-I
pays tribute. This advance IN price say Of - per
bers. sixty millions of tons, means an additional
$50 OOOOo0 to Sl0a00oGo0 TO divide annually among
The stockholders e. few eof9ersS'is To-
Not the least ingenious provision OF the bill IS
the method provided for establishing "the present
worth OF the States interest in the eanaa 4q ls
that the acquired rights and privileges !nay Of Of
tlst4s4tIIeu forever mus uSlii We
fabulously valuable interest in the nights alii
Tending Lehigh Valley company generously q as
sent TO the bl-.'the present worth OF the Stals
eight years hence lin 1914 IS to be guessed at:
and IN order TO make the amount to be received
small as possible. this amount shall be such a
sum Of money as compounded at the rate OF ! per
cent per anuum from the date OF passage or the
act 10 the thirty-irst day of December 1874, viii
produce said total value"
Note the words, the present worth" etc. shall
be ascertained," etc. mandatory provision to
no 10 lh v,g san no" app 70 flIIe iS5Int Tie
IN determining what mess OF P9ttaEe me oJatse
worth Of $1,000 due in 1874. computed and com
suggestion 70 put before this legislative body.
- 1ar-e I5CIs 1-ftE +t15g - - F.,~irssts
We are not crying IN the Wilderness, as in
social gathering, convened 70 commemorate the
birth OF one of the greatest and best reiorrners
aspersion on such occasion shows clearly enough
IN this e sa5 have ~ pierced Ii the E6dE @
these who are known to represent the combined
politica! and fnarcial stronghold Of corporate
power Our appeal IS made in the open. and direct
peone ~ +bs ~ 1ler 71o,,e Irt - ~
respond TO the demand for better things in 1776
the ever cornmendable impulse OF every true AIeri-
can can toward rlghtng existing wrongs
believe is for the right The responsibility for the
decision is yours We object 10 any biI which will
continue 20 drag the good name of New-Jersey in
Admit that the STATE is unable or incompetent
are as IN TINS instance, opuleht corporations. We
are dealing with conditions, which the silver
Corporauonville. favOTing these companies. cannot
change
Ex-Assemblyman Neighbor. of Dover said
that while he had the highest respect for Cort-
landt Parker he thought If his bill was passed
II would involve the State IN endless litigation
WATER PROBLEM POINTED OUT.
he thought, as representing Lake Hopatcong,
the water problem was important Most Of the
people around the lake were in favor of the
the Greenwood Lake improvement Association,
SAID that at the end of sixty-eght years the
canal property would be worth 100000
To-day. If the Mills bill passed and its pro
visions were carried out he said. the State would
not get over 81. 900. 900. Greenwood Lake was
not treated right by the bill he declared and
therefore II opposed it. HOpatcOng was treated
better he thought and had been placated by
the East Jersey Water Company. For political
reasons, HOpatcOng had been treated right
Greenwood Lake wanted the same treatment
Il Y Lindabury said while he represented
Greenwood Lake, ne spoke a citizen likewise
anu ne ala not agree altogether with anybody
ne ulu not believe any Of the canal property
sHpulu 90 10 the State If the charter was for
1elLed- The property should ne sold and the
proceeds so 10 the stockholders Of the Norris
canal and Banking Company. He did not be-
tleNe IN the Mills BILL either But he thought
Il II was assured that no corporation should get
an UNJUST amount the bill was good He on
PoSeu Inc measure, however, because Greenwood
Lake was unfairly treated and the Lehigh Val
ley and East Jersey Water Cornpanv were y-orl-
ing together IN deprtving the people of the lake
aia the people Of the State of their rights
NiLldn b COrOin said he could NOT SEA- how
any reputable lawyer in the State could draw
s1ch Dill as the Parker act and be familiar
Win me situation. He Coutradicted the state
LSehts or almost all the speakers asserting rba-
none or them understood the charter or what
the company was allowed to do. The canal vas
pubic highway. The Lehigh Valley did NOT
own q boat II simply kept the canal omen so
L1aL others could run their boats I'D and down
he raped the Parker bill because he said n
mace the company look like a criminal and
wanted 10 treat II such. He went for -be
civic Society, and said il was no wonder they
never got anywhere, for they never got +hefr
Iacts right Mr. COrbin Went over the history
OF the canal and the reasons for the Mills hill
JUST as they have been narrated at hearings for
the last five years AO'
Nj Coroin was flooded with questions bv the
other lawyers, members Of the committee and
Jhe House. They We're anxious 10 get az The
Niger IL the woOdpile" in the Mills biu rTbav
seemed 70 decide il was the water rights rbs+
constituted the prize the LehiEh Valley onar-
HlIlg with the East Jersey Wafer Csornnsnv-
wanted Although ingenious Corbin could not
explain satisfactorily 1
EX-AsseIn blynlan Bessou. of Hoboken rem
resenting mill owners along the AIuscone+co5,
them 'A '1tisNe
The hearing viii be continued a week from
to-day AT p. m. ~