The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-08-03
PRESIDENT CAssATT APPROVES

After Mr.. Conbin's death President
Cassatt for the Pennsylvania railroad
company bought the Long Island sys-
TEN. He too was persuaded that this
deep water and almost landlocked bay
should be made available for ocean
steamship service and he too planned
very highly equipped double tracked
railroad. by means of which New York
and this ocean terminal could be
orough within two hours distance. Pos
sibly had President Cassatt lived and
not been greatly disturbed by the hos
tility of the legislators and the public
railroad expansion, he might have put
this plan into operation. But it was
forgotten with his death. Now the
United States shipping board seems to
De about to act in such manner as
perfectly to vindicate Austin Corbin and
President Cassatt. Under the author
ity of the shipping board ocean steam
ships almost a third larger than the
giant Leviathan are to be built and so
constructed with powerful engines
whose energy is furnished by burning
fuel oil, as to be able to cross the
ocean in four days. But to do that they
must make use of Fort Pond bay. The
, government will authorize improve
ments at the bay of, such character as
to permit utilization of it with the
case, safety and facility with which the
| iAS~A wi VI &oOOhoeOV liz 1IC-
| land. is utilized.
| The government will cause sea walls
| to be built as well as custom house
and immigration station and in addi-
| ton wharves and warehouses. There
fore it is likely that In a few years
| this fine harbor at the remote end Of
Long Island almost within pistol shot
of Montauk light house will become a
flourishing fort of entry, arbitrarily es-
tablished, as was Newport News by c.
P. Huntington, by Mr. Corbin including
the construction of great ocean steam
ships which have not been adopted by
the United States shipping board.
DIR. EATON'S NEW VOCATION
Presumable the counsel for George
Gould when they gave notice of an
appeal from the decision of Judge
Whitaker which removed Mr.. Gould
from his position as chief trustee of
the estate left by his father, Jay
Gould. approximately $75,000,0O0, were
notified by the court when they asked
for a stay that this would be granted
upon the condition that Mr.. Gould fur
nish bond The appeal goes to the
appellate division and will be asked
to give precedence to this appeal so
that decision can be fastened, never
theless, in view of the enormity Of
the estate, it is not unlikely that the
case may be in litigation for several
years. Lawyers who have given some
study to the decision of Judge Whit
taker, and to the reasons upon which
he based it, are inclined to think that
the appellate division will sustain
Judge Whitaker, although admitting
that not even the ablest lawyers can
forecast the decision of a court sit
ting in banc. 1t has sometimes been
suggested that Mr. Gould may, in case
the higher court affirms Judge Whit
takers ruling, be persuaded at least
to attempt to take the case to the
United States courts. There is some
doubt as to whether the federal courts
have jurisdiction. Ultimately il Mr..
Gould is beaten in all the courts, he
must give up the trusteeship and there
must be division of the Jay Gould
estate into equal parts which would
give the heirs approximately from &c.
600 900 to $12.000,000.
GOULD AND THE TRUSTEESHIP
A few months after the Rev. Charles
A. Eaton finished the great service
which gave to the United States ~
eminent assistance whereby the build
ing Of ships speeded up in all the