New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-17
Constant Reader Tells What He
Missed in Last Weeks Papers.

~
49, p" said the Constant Reader. you'd think
80, ,,a, people looked and talked and acted last
ii that the country going 10 the dem
,.,on boNwows' A number Of railroad presi-
Sa,,s walled that unless the state legislatures
NEED passing two-cenc fares and other anti
-uroad bills she railroads would soon be in the
IDS ~ receivers. The antagOnistic agitation
~ asserted would so undermine the conf
sce If capitalists that the railroads would be
,,nsbe 80 secure the money 10 add the needed
,D,nroyements. Some Of the railroad men asked
p Morgan 10 visit President Roosevelt, and
>. went 10 Washington and asked the President
% no would see Presidents Newman OF the New
York Central Mellen Of the New York, New
Haven & Hartford. NcCrea OF the Pennsylvania,
ona Hushitt Of the Chicago & Northwestern
r,bex were going 10 endeavor 10 secure more
so,orable attitude Of the administration toward
,ba railroads According TO the dispatches from
washington President Roosevelt was going 10
fell them that. as usual. he was for the square
deal, and the friend Of every honestly conduct
Cd railroad Perhaps the railroad presidents did
not ike his attitude At any rate, they viii not
20 10 Washington Immediately. Holders of rail-
road stocks seemed 10 get excited over the con-
dition Of things toward the end Of the week, and
there was a violent drop in Wall Street which was
reflected on some Of the stock exchanges Of Eu-
1T a
surpassed in some respects that Of May 2, 1901
,be dav Of The elimination of the Northern Pa
ciec corner. Stocks Of companies which have
earned according TO their last reports. more
than u per cent tumbled twenty points To as
sisr in relieving the situation Secretary Cor
telvou Of the Treasury Department announced
that the s3000O.000 which was deposited in ma
,ianal hanks the last of September 10 be re-
turned about this time would not be called IN,
End besides. customs collectors were authorized
20 deposit their collections in national bank de-
positories He also announced that he would
-a5aer, with interest until July ! any registered
and coupon bonds Of 1907 10 amount not ex-
ceeding So. COOS coo This meant q relief Of about
s7loa00Oo"
How did il come out2" asked the Busy Man
The panic seems 10 have acted like thun-
derstorm clearing the air. said the Constant
Reader No one failed. the losers seemed 10
be rich men able 70 meet their losses. and 1t
served ~ waken the Croakers to the harm hey
were doing by talking railroad receivershipS
Financiers began 10 talk in an optimistic fash
ION and on Friday the market bounded back
again as if il were rubber ball
The Interstate Commerce Commission did not
sdd any fuel 10 the fire 10y exposing any more
peculiar railroad financing. did it, inquired
Busy Man.
No" replied Constant Reader. The Dela-
ware. Tackawanna & Western Railroad was IN
trial. however, charged with giving rebates -
the Sugar Trust by means Of ughterage paid'to
Lowell II. Palmer. President Truesdale, Vice
President Caldwell and Mr. Palmer went on the
stand and sUore that the money was paid TO
the last as a recompense for the loss which he
had sustained by the fact that the Lacka-
wanna's llghterage business in handling sugar
he'd been diverted from his pierswhile from The
other roads he received the business Of lighter
ing the sugar. AS ali the evidence indicated
that the money went no further than Mr. Pal
Hers pocket and the jury disagreed. the case
may be dropped
rs it true that Governor Hughes is going TO
have difficulty in securing the legislation that
he wants" asked Busy Man
Apparently the corporations sre going 10 do
ell that they can 70 make the Public Utilities
bin useless replied Constant Reader, and
there is likely 10 be some hard lighting over Il.
President Shonts II the INSTRUMENTATION
politan company said his company would not
oppose II. M. Kelsey and his friends are going
20 fight his removal from the Office Of Supern-
fendent 81 Insurance. EX-Judge Hatch as his
chief counsel made a tong plea Tor great lati-
iIde in the hearing before she Senate Judiciary
Committee. He presented he new plea that
Kelsey ought not 10 be removed. because his
course had been taken upon the advice Of ioE-
ernor Higgins. Mr.. Hatch gained a temporary
victory for his client in securing the postpone
men' Of the hearing"
Has Mr. Carnegie tried to catch up with Mr.
Rockefeller in giving2" inquired Busy Man.
No" answered Constant Reader. 1t was
neither Il these 'nen who announced the biz;
gift las; week Mrs Russell sage has given
S1000OO0 as q foundation for the improve
ment Of social and living conditions in the
United States"
7 noticed in the headlines that battleshIp
had blown mp" remarked Busy Man.
Yes. said Constant Reader. the magazines
in the after part Of the French battleship lena
which lying in the drydOck at Toulon. ex-
rl0de l. killed more than one hundred buejack-
cts, Including TWO captains. and wrecked the
vessel. More than one hundred and fifty men
We're injured All the dead were posthumousy
promoted in order that their widows and rela-
tves might secure higher pensions than they
otherwise would"
That was an excellent thing for the French
government TO do" said Busy Man. who has
heart concealed beneath his coat which beats
with sympathy when IL has opportunity and
uine. Didn't see something In the papers
eoous typhoid fever near the Croton water sup
ply"
The fact that there were several cases Of
typhoid fever al Katonah which Is i'm the Cro-
TOT "atershed." replied Constant Reader. was
announced by The Tribune early in the week
Commissioner O'Brien Of the Department of
water Supply and Commissioner Darlington Of
The department Of Health were unaware of their
existence until informed by this paper. Great
precautions have been taken to prevent the con-
Lah nation OF the water might add that the
Board Of Health, a result Of the great agita-
non of the question Of pure milk supply. has
adopted a set Of resolutions which requires
every creamery or milk station which ships milk
or cream 10 the city 10 furnish the Health De-
partment each Monday morning, after April l.
With report stating the existence or nOn-eXist-
cree ~ typhoid fever, tuberculosis. diphtheria.
scarlet fever, dysentery any other infectious
disease in the household of any person employed
IN collecting or handling Of milk at the cream
cry. III there any such cases the employees
are q be excluded from any duties which bring
mem In contact with the milk. Several other
atefas Of interest regarding New York City ap-
pesred in the papers in the course Of the week.
Lucius NJ Stanton was elected TO succeed the
late Aerwin c. Stanley in the Assembly. The
straphangers OF Brooklyn are 10 have new
supply Of straps the Brooklyn Rapid Transit
Company has ordered 100 new surface cars and