The Cairo bulletin., 1906-06-06
CASSATT EXPOSURE
CHARGED UP To
LAWSON
"THE STOCKHOLDERS" SAYS PENN
SCANDAL is FRUIT OF WORK
or BOSTON MAN.
HUNTING ABOUT CRAFT
That 1t Went to Man "Higher Up
Scores Cornpanys Financial
Methods and Says Future
is at Stake.

New York June 5.--The disclosures
of graft among the off Gals OF. the
Pennsylvania Railr ad company have
been caustically commentel on by
"The Stakeholder" journal which
has often piloried Wall street and high
finance methods The articles scori &
Pennsylvania methods has attracted
widespread attention and therein cred
II Is given Thomas w. Lawson as hav
ing been directly responsible for the
wretched sclosures made. The ar
ticle fellows:
Poor Pennsylvania The greatest
most wonderful, that Is supposed to be
railroad system in he world has come
into the market and peddles It's com.
mercial paper to pay for Improvements
chargeable 10 Investment account.
Rather poor financing it seems 10 us -
do this If Il were done by merchants
or ordinary manufacturers it would be
considered dangerous to their financial
tab lity. but lo when il Is done by
the great Pennsylvania system under
the guidance of Father Cassatt, why
IS thought to be all right
Employees Underpaid.
We were in receipt of Information
some time ago that led us to believe
that there was considerable graft in
the PENNSYLVANIA management We
! understand ghat suppliei purchased
by other railroads under the same
conditions cost them cons derably les
than the Pennsylvania. Pennsylvania
employees are all underpaid Iot and 4
Is MOI to be wondered al that they
resort TO di honest methods to exc
out an existence. In this corporation
II is also a case of higher up.
"Pennsylvania's pote killings are r
menace to the financial situat on. The
indicate a st deDlorahle manag.
ment of this great property Ton
Scott and Frank Thompson must turr
IN their graves when they hear to
what ends the executive Of the Penn
sylvania has descglded, Conserva
perhaps wasted like water Addition.
al income from these costly improve.
ments l. matter of the distant IN
ture What drain paying 5% per
cent for money must be on the net
earnings of the company Tho exampl
IS most pernicious. The future Of
American railroading is at stake. wiz
II survive dishonest management and
the grasp Of the uourer? II Is time to
call a halt
Raises Grave Questions.
"It Is imposs bic 20 gauge the senn
mental effect Of affairs of such nature
says contemporary referring to m
disclosure in Connection with the Penn
sylvania road They seem to confirm
The opoiniuns So freely voiced wher
the life insurance scandals were fresh
and which when summarized were IN
effect: If these men are not 10 ho
trusted. who IS? If thisl much be
true, how much more mut there be-
To what other corporal ons does thi,
system Of using trust or an official
position for private gain eNtend?'
The Pennsylvania has borrowed
within a brief space of four wears
The enormous s1m Of 1926 0oo ooo
This borrowing g. mainly in such
shape as 10 b. an unpleasant feature
in the money market The question is
naturally asked. How much If the
above amount has been honestly OK
pended and how much was rran7
To one man belongs the whole cred
2 Of awakening tho American pc pic !
20 the existence Of these ursf rcprc
hensible prsct 'cc1 in baut finance
From the beginning Of his efforts TO /
This end Thomas W Lawson has been
The target for vituperation and slandcr
Ia the most viliainous character Do 1
he efforts II hese financial black 1
guards 10 discrcdit him ~ means have /
been unused. no stove has heen 1cn I
lniurned. he has been exploited as
charlatan n most Infamous ciar4-
er, Hnanc al parish. "A king OF h-rs \
't-shop keepers and other ies' 'gnafto1s
90 numerous 10 me-ticn
Lawson Gets Credt
Through al This Mr. lawson has
'eDt the even tenor of his Hay and tte b
ruits of his lahors are .arominr aay
y day more apparent ami their rc=rifs
how tha' she yeast B. uorBI-E il the
nd that the people viii camc into
heir own The plati-e is wearing of ]
I the Goldeu Calf and fhsf awe ami &
everencc that used io De fhe doc 4
{ these great hnanciers IS changing .
NO feeling of reztDtmeuf and hc- =
rsyal Ike unto the feeling of fhe p
'aris populace IN the dsy = fhe G
'reuch Revolution. The King is toll 3
sring N his throne and bis mobiles are 3