New-York tribune., 1907-03-03
CONSTANT Reader Tells What He
Missed in Last Weeks Papers.

-. -1-.u street hard" said the Busy Man
niI -. na1e hit the public stil harder re-
ne Constant Reader. Indeed theS
u. ..i-red I'D popular resentment 10 su0N
-, that far reaching legal comphca''oi'S ~ --i.-'
-. M Hartman told the Interstate
-oo Commission that he and his asso'i
me- -.ov,rrlated certain railroad stocks ana
roD5s that they had been able 10 pu! - -,
1--.s e,srera after another. First they so'
tallo1S - T-n,on Pacific. by means Of which
- L. -.i.sa vast sums for obtaining contTol OF
- eo,,bern Pacific and the Northern FaclEc-
-. 7-n,on Pacific investments resulted ID q
e, - about SCI 100000 by the increase OF
g-,,s+ values. Mr. Hartman also asIO'iiueu
-. commission by telling how he hao Na'eieU
.be stock Of the Chicago & Alton ana OF tiie sfi
oT.,s bonds by a syndicate composed OF hlIhseil'
l-.o-ga Gould. Mortimer L. Schih ana james
s.nlroen AZ a fat profit 10 the New York Lie
1r.,ranoe Company. OF which Mr. Stihman was
q director" -,.. .,,,.
.,gu, isn't this skating on dangerously 'hih
ice?' interrupted the Busy Man
.sTbe skaters are stiH skating returned me
Constant Reader. The Hartman syndicafes
,,roe,s IN the Alton deal amounted in seven
VOWS n s23. .724 600. Money was squeezed out
~ ,be company in every way conceivable.
,,-,rrr If the road was nOrtgaged even oeiole
A. was built. II also developed that an acl o.
she Legislature was passed IN 1900 when prO'eu
~ great assistance TO Mr. HaTrimans AItOh
deals and which made the bonds OF the AAIoA
railroad legal investments for New York STATE
savings banks The president OF the AI'oh
testified that although only SlSOJOOVV hau
hecn spent for improving the road, yet its capl-
,aHzstion had been increased from S599So'os'
% more than Sl22OO000O Among the legal
actions which may follow these disclosures are
a suit Of Union Pacific stockholders 10 recover
from the Hartman directorate profits alleged
10 be wrongfuly appropriated. and move 10
make invalid the Alton bonds. which may hi
savings bank depositors"
seems 10 me that the New York Central Ran
road wreck investigation VIII never end" SAID
ihe Busy Man
.erl,e State Railroad Commission finally dis
covered that the railroad bed had not been re-
constructed for the electric train system salo
the Constant Reader. William H. Newman
rresident of the New York Central, testlhed
that he was wholly ignorant Of the causes OF
the wreck or of the operation OF the electric
greins Meantime the Central announced that
a would abolish the surface tracks n Eleventh
avenue. from Both 10 Goth street. ana Iep5@Se
Ihern IN a tunnel built at its own expense. me
Thaw trial last week marked by an out-
burst from the defendant. who issued state
ment saying the prosecution was packed Dy
New York Is 10 have another ex-Secretary
OF The Treasury in Wall Street. Leslie N. Shaw
having been elected president or me CaTheg1s ,'5
Trust Company AT a salary Of S25OU0. he WIZ
take Office on March 4, on his retirement from
the Cabinet. A faster line Of steamships be-
tween here and Havana IS promised. Charles
W. Morse. who obtained control OF the ward
Line purposes 10 put some turbine SHIPS
which wiz make the run in two days"
Some OF my Republican friends were telling
me" said The Busy Man. that Governor
Hughes hit the machine men of the party
hard blow in some upstate speech"
he .rETlr ny MA q el0
Republican support" responded the Constant
Reader, in party housecleaning. Al din
ner Of the Republican organization Of Albany
County he told the party leaders that they
must give the people of New York new assur-
ances that state affairs would be managed for
public. not private. interests. II they expected
10 retain control Of the state. The Governor
vetoed his first BIN last week, a local measure,
which he said, was special legislation He was
stirred up by the presentmenr Of the Kings
County grand jury, which told in detail some
Of the abuses Of the Brooklyn Rapid Transit
Company, and he said that these wrongs gainst
the travelling public must be righted
The Brooklyn Bridge crush problem also
10 the attention Of the state government
IN another way when the Assembly passed the
Dowling loop bill" providing for an elevated
railroad connecting the Brooklyn and Williams
burg bridges as a solution OF the congestion
Of traffic at the Manhattan end Of the Brooklyn
Bridge"
What is this hear about another shake-up
of Panama Canal Oficials?" asked the Busy
Man. abruptly.
John F. Stevens the CHIEF engineer Of the
Of the Canal Commission. in place OF Mr..
Shonts viii now follow Mr. Shonts into pri-
Vate life" said the Constant Reader. Mr. Stew
ems attempted 10 dictate 10 the President, say
ing that IL he could not have his way he would
resign, and Mr.. Roosevelt took the engineer at
his word and replied that his resignation was
accepted. Meantime all the bids submitted by
contractors for the construction OF the canal
have been rejected 1t will be built by army
engineers. Major George W. GOethals. OF the
corps Of engineers. win succeed Mr.. Stevens.
At the isthmus there IS cessation Of activity,
however About one million cubic yards OF
material month are being removed.
THE Senate ratified the treaty with SantO
Domingo Of which we We're speaking in our last
talk. in the House the Ship Subsidy bin was
q subject OF hot debate and after being amend
ed that IL viii not be OF benefit 10 the Hill
and Hartman Pacific steamship lines il
passed"
7 saw somewhere that the Russian general
who surrendered Port Arthur was executed for
oowardice," said the Busy Man.
General Etoessel has not been executed re-
sponded the Constant Reader although at the
court-maVtiai OF him and Generals Fock and
Reiss. his cowardlce was testified 10. Accord
3ng 10 General SIniTnoff. the actual command
ant % the fortress, the three accused officers
surrendered 20 the japanese when there We're
provisions and ammunttiOnS for prOlOnging the
defence six weeks more. England seems 20 have
1aken 10 heart the French governments fight
sor separation OF Church and State. A resO-
tuition for the disestablishTnent OF the Church in
England and Wales passed the House OF Com
mons by vote OF 19s 10 go
Didn't get a chance TO look at The Tribune's
obituary column last week" said the Busy Man.
Among those who died" sa1e the Constant
Reader. were Wendell Phillips Garrison editor
OF The Nation and the third son OF William
Lloyd Garrison, the abolitiOnist; Jean I. Bur-
nett, AEsemblyman from Ontario. and chairman
OF the Cities Committee; Frank j. HeaFne,
president OF the Colorado Fuel and Iron Com