New Britain herald., 1916-10-25
A FINE DANGER So
 HIS FEE IS $20,00O
Maxcy Hitler Attacks Large Salaries Of "NeW Haven" Officials ANNUAL MEETING TODAY


 Who Have Money Invested in Road Get No Returns.
 New Haven, Oct. 25.-No change in the directorate was recommended to the stockholders of the New York, New Haven and Hartford Railroad 1 company at their annual meeting held here today. The list on the ballot follows:
 Benjamin Campbell, New Haven; T. Dewitt Cuyler, Philadelphia: Howard Elliott, Boston; Arthur T. Hadley. New Haven; J. Horace Harding, New York; Frank w. Matteson, Provi- dence, R. l.; Augustus S. May, Bridge ! ort; Francis T. Maxwell, Rockville; Edward Milligan, Hartford; Edward J. Pearson, Boston,; John T. Pratt, New York; James l.. Richards. Bos- ton; Joseph B. Russell, Boston; Eli Whitney, New Haven; Harris Whitte- more, Naugatuck.
 The attendance of stockholders was not large. A few minutes prior to the time President Howard Elliott called to order, scarcely a score of persons were in the room. Eventually the number increased to about fifty Copies of the cOmpany's annual re- port and of statement recently made by President Elliott were dis tributed to all.
 The business outlined was the &C., ceptance of the annual statement action on the proposal to issue s7OO,- 900 face value gold seven years de- hentures at five per cent to erect a station in New Haven, and to elect a board of directors. There had been reports of changes in the directorate but these were not borne out by the ballot.
 Mir. Bagigian Thirists for Information.
 After the call had been read Pres ident Elliott asked if any stockholder had anything to say. In response to an invitation to ask questions Hagop i+og1g1an~ of Boston asked if the Bos- ton and Maine holding company still existed. MT. Elliott said it did. Mr. Boglglan referred to an entry in the annual statement and asked for an oNplanation of the items of expense, and these MT. Elliott explained The company holds 29,OOO shares with a guaranteed dividend of four per cent O. S112,0O0. The other items were various expenses including $1S6,719 aS the cost under the federal act re- oulr1ng valuation of railroads. MT. Elliott did not know what thte valua- tlon cost the federal government.
 TO further questions by MT. Bogi- gian the president said that the items nYotn
 holders but the directors of the New Haven road were unable to ask the trustees of the holding company for an explanation of their acts.
 MT. Bogigian said he was satisfied and he desired to thank MT. Elliott for l is stand on the eight hour law and for his courage before the public ser vice commission of Massachusetts when to the demand for gold cars and gold rails he promptly said that the company could not afford it.
 And Then Maxcy Hitler.
 Maxcy Hitler made an address in which he attacked the policq of pay ing high salaries to officers, of pay ir salary of from $2O.ooO to s25,- 900 for 8 publicity agent, who is "a mine of inaccurate information of raying $10,000 to one of the counsel of the company Of the last mentioned irem he said that in response to in quiry why the salary was so large, an officer replied: Well he (the lawyer) is a very fine gentleman, and he is a very fine dancer" MT. Hitler de- ciared that directors like Messrs. Iiadley and Whitney, who are the heads of large enterprises, are busy rlen and cannot give all the attention necessary to the railroad company. He believed that instead of having all Tillionaires on the board should be elected. MT. Hitler had confidence in believed that they should look more carefully after the roads affairs and help restore dividends to those stock holders who have suffered so severe- ly.
 MT. Hitler said that if he had thee eloquence of President Elliott ''he would make the rafters ring demand ing dividends for the poor people, NEo have lost their incomes from the stock"
 The directors should practice rigid economy even to the point of being penurious MT. Hitler said that the decision to build a new station in New Haven was because the owner of a newspaper, and a corset maker, ''who dictates the destinies of the re- publican party here," had threatened 'to make it warm for the company
 Continued on Fifteenth Page.)