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New-York Tribune from New York, New York • 4

Publication:
New-York Tribunei
Location:
New York, New York
Issue Date:
Page:
4
Extracted Article Text (OCR)

GREAT COST OF APPROACHES mCB OF LAND FOR THE MANHATTAN BRIDGE ESTIMATED AT NEARLY $17,000,000, JTTLE TIME TO LOSE IF WORK IS TO BE STOPPED. Few persons realize the gnat expense with hich the city will be burdened by the construc-3n of the Manhattan Bridge, which is to span le East River from Pike SUp to Brooklyn, In view of the agitation to abanm the bridge and build tunnels Instead, ere obtained city authorities yesterday towing that the land for the bridge, outside of ly other expense, would cost about $15,000,000, id. that the total lost of the structure would to much as $25,000,000. With this it is estimated, a half dozen or more under the river could be built, which would 'ford rapid transit connection between Manbatin and as many parts of Brooklyn. But if the construction of the bridge is to be in favor of tunnels, there la little me to be lost, for not only is John C.

Rogers, ie to whom was awarded the conact for building the foumlntions of the bridge, lEhlng the work on the Brooklyn but a mmission, consisting of Thomas H. Troy, John Kemblt and James Langdon. is acting In ERRITORY IN WHICH APPROACHES FOR THE PROMOTED MANHATTAN BRIDGE WOULD HAVE TO BH BOUGHT the acquisition of waterfront property and the adi'uninjr If a retreat Is made Iramediely the city will be able to withdraw from pr- iparatively cost. of bonds in the term of Mayor Van 'yok th- construction of this bridge will be led up in merely starting tbe work. The enorn the Manhattan Bridge suits chiefly from the tiv at length of Its apoaches.

At office of the Bridge yesterday the ground plan of th bi ac obtained through the courtesy of Cotnissioner XJndenthai. As reproduced in The ibune, it showa that almost a milt- of land to be ar.jiiir. for an approach in Brooklyn, id about a third of a ir.n<- in Manhattan, makg a grand total of C.lT'i or a mile and 0 of lanrl In the two boroughs. 1 WOVLD MUTILATR MANY BLOCKB. A study of route of tht-st- approaches also ows that they will mutilate tht- vast majority the blocks which will be built upon, beuse the bridge is not to uo built in line with direction of the streets, as is case vith Brooklyn Bridge and the Williamsburg ridge, hut at an acute i to tbe res.

Thus an approach will pass diagonally heart vi some blocks, leaving in eh instance two practically worthless corners i eitiier side. lv oth- san approach will lop off a corner. The Brooklyn approach of the bridge, which ill be almost twice as lons both the cf the present Brooklyn Bridge, will on the waterfront, the Junction of and Flatl.ush-av.-., distsne- of This approach will cut rough twenty-one ity blocks, bounded by the Mowing streets: Block 1. bounded by John, Washington, Adams id Plymouth Bts. Block 2.

bounded by Plymouth, Pearl, Water and dams i-tt- Block 3, bounded by Plymouth, Water, Adams and 'ashington ets. Block 4. bounded by Pearl, Water, Front and dams pts. Block 5. bounded by Front.

Pearl, York and dams sts. 6, bounded by Front, Jay, York and Pearl s. Block 7, bounded by York, Jay, Prospect and earl ets. Block 8. bounded by Jay, Sands and earl Mock 9, bounded by Prospect.

Jay and Sandj sts. Block 10. bounded by Bands, Jay and High sts. Block. 11, bounded by High, Jay, Bridge and N'aslu Block 12.

bounded by Nassau, Bridge and ets. Block IS, bounded by Concord. Bridge and Chapel Block 14, bounded by Chapel and Bridge sts. and awrence Place. Block 15.

bounded by Concord, DunV-ld. Tillary Bridge sts, It, bounded by Bridge, Tillary. DuffiV-ld and sts. Block 17. bounded by Tillary.

Duffl. Johnson -id Gold sts. Block Ik. bounded by old and-Johnpon 19. bounded by Johnson, Cold and Prince and Block 30, bounded by Prince.

Wllloughby and old ets. and Block 21, bounded by WHloughby, Fleet, Gold and ulton sts. and DeKalb-ave. The Manhattan approach, which Is 1.940 feel tag, extends frr.rn Pike Slip to Oanal-st. and the merritt sth-a ye.

WALKING IN' THE NEIGHBORHOOD OF FORTY-SECOND-ST. NEWSBOYS TAKE HIS WATCH. Edward Reeve Merritt, who married Leila loosevelt, a cousin of the President, and an iniroate friend of Police Commissioner Partridge, vho is in business at No. NO Broadway and lives it No. 7 East went to the West "hlrtieth-st.

station last night and reported that ie had been robbed of his gold watch In between Fortieth and Forty-first sts. Mr. Merritt said that he was walking along be covered walk beside the new library build- In when he was Jostled by a newsboy. He Id not pay much attention to the lad, but con- down the avenue. Near Fortieth-st.

he ras jostled by another newsboy, and this time, wing aroused at th. action of the lads, he Tabbed hold of him and administered to him -sound boxing. He then released the lad, who ped on down Flfth-ave. and disappeared. Mr.

Jerritt then walked on. but he had not proeeded far when he discovered that his watch ras gone. It dawned upon him that the lewsboys had jostled against him for the exiress purpose of getting his watch. The watch a valuable timepiece, studded with diamonds md with the monogram K. on the case, was attached to a fob.

Detective Sergeant Deering was assigned to he case, and he immediately started an investigation, Mr. Merritt told him that Fifth-aye. has infested with a gang of newsboys who lay In 'wait to pick pockets of pedestrians. Mr. Kierritt said that his cook was robbed in a.

few ngo. MOODTB PLACE AST. PROVISION MADE FOR A SUCCESSOR IN" THE I PRESENT Boston, May Governor Crane pent a the legislature to-day to the effect that there in IS provision In the law for the vacancy In he lAIIth Concreas caused by the resignation of Moody, of the Vl th District, to bo Secretary of the Navy. la mailing the new apportionment last year the ict passed related solely to the JLVillth The c.ld law waa at the name time repealed, and he" vith District cannot choose a new Ilepretentative until next election. Bowery, and cuts through eleven blocks, as follows: Block i.

hounded by the Bowery, Chrystie and Bayard sts. Block 2. bounded by Canal, Forsyth. Bayard and Chrystle sts. Block bounded by Division, Bayard' and Forsytb sis Block 4.

bounded by Catharine and Division Kast Broadway and Market-st. Block 5. bounded by Market, Division and Tike (Ms. and East Broadway. Block 6.

bounded by East Broadway and Market. Henry and Pike sts Block T. bounded by Mark, Henry, Madison and Pike sts Block 8, bounded by Market. Madison, Pike and Monroe sts Block 9. bounded by Market, Monroe, Pike and Cherry pis.

Block 10, bounded by Market, Cherry, Pike and Water sts. Work ii. bounded by Market, Water. Pike and South sts. Tin: APPROXIMATE COgT OF THK LAND The approximate of thia land, which will have to be condemned by the city for the -r- tion the bridge, can be very nearly ascertained by a comparison with the cost of the land for the Hrooklyn Bridge and also for the Williamsburg Bridge, now building.

Tin length of the of the Brooklyn Bridge 2,533 feet, and they cost $8,000,000, 01 about a foot. From this it would appear that thn approaches of the Manhattan Hri. which are 6.170 feet long, would cost $19,744,000. A comparison with the cost of the approaches I of the 'WiHianiFliurK Bridge Indicates a somewhat lower figure, but Ftlll far in excess of the amount which the Tammany projectors of the bridge announced when it was authorized by the Board of Public Improvements, of which Maurice F. Hnlahan was president.

The approaches of the Williamsburg Hridge have a total length of A'lVl feet. It is estimated that the land necessary for their erection will cost about $10,000,000. or a foot. The 6.170 feet of the Manhattan Bridge approaches would at this rate cost about $14,101,000. Striking an average between the comparisons of the Brooklyn Bridge and the Willlarasburg Bridge, the cost of the approaches of the Manhattan Bridge would be about $16,967,000.

It is almost ludicrous to compare with those figures on th- cost of the Manhattan Bridge; those submitted by Bridge Commissioner Shea at Mayor Van Wyck's request. Mr. Shea's figures were as follows: River spans $3,412,000 Masonry, etc 2.230,000 Approaches (construction). Engineering 870,000 Total $9,462,000 Value of land for approaches: Manhattan $4,000,000 Brooklyn 2,000.000 Total $6,000,000 Grand total expense of bridge Accepting Mr. Shea's figures In regard to the cost of the construction of the bridge us correct, and taking the value of the land In the light of comparisons with the cost of the approaches of the present bridge and the Williamsburg Bridge, the total cost ot the Manhattan Bridge, Instead of $15,000,000 would be between and $30,000,000.

BROOKLYN SHOULD IIEI.F THE TRIBUNE From The Brooklyn Times. The New-York Tribune Is making a vigorous effort to secure tin- construction of an Baal River tunnel between the points In boroughs of Manj hattan and Brooklyn that it la proposed to connect by the Manhattan Bridge. The preliminary work of the propoK-d bridge ban been In progress for some time, but It baa not advanced so far that Its suspension or even Its abandonment would entail any serious loss upon the certainly none that would nearly approach the amount that would be h.i v-tl by the construction of a In place of bridge. The saving in cost that would gained by the substitution of a tunnel for a bridge at this point is. however.

least of the arguments In favor of such change of plan. time saving is the more Important to the people of I Brooklyn. The proposed Manhattan Bridge could not possibly be constructed within six or right years, and during that time the pressure upon existing avenues of communication between the two boroughs Is certain to be constantly on the Increase. Three tunnels could he constructed In half the time, and for less thnn the cost of 11 single bridge, and they would suffice to divide the stream of travel and to it from converging to an unmanageable external any riven point. The people of Brooklyn should give their earnest support to The New-York Tribune In this crusade, If favor the suspension of work on the Manhattan Bridge and the construction of tunnel under the Kast River at points covered by the proposed bridge, there can lie little doubt that their will in the matter will be respected by the municipal authorities.

FACED DEATH FOR COMRADE. LONGSHOREMEN WENT INTO GAS FlT.T.i:i> LUCANIA'S BOLD AFTER MAN WHO DIED. Daniel O'Brien, a longshoreman, one of a gang of fcur sent into the hold of the Steamship at her pier at West was killed yesterday by gas which had accumulated from decaying fruits. It Is the usual thing for the men to wait until the hatches are taken oft when they pro below, but O'Brien, wishing to get the best place below, rushed ahead and went through the runaways. When the first hatch was taken off a large volume of gas swept over the waiting men, making them reel and Suddenly they thought of O'Brien, who was down low, and several of the men shouted to him.

No response came. Captain Watson, the superintendent of the do railed for volunteers to go to O'Brien's aid. men stepped forward. Gunny sacks were dipped in water and eyelets made In them. The men put them over their heads and the derrick chain lowered them into the hold.

Tney had hardly reached the lower Seek when a cry for help came up. The chain was hoisted, and two of the rescuers were seen to be half fainting. The third, William Cassidy. however, had not been affected and was lowered again, He brought up 'O'Brien, who was unconscious, and died soon afterward. Caasldy was slightly overcome, has been employed by the Cunard Line on the various piers for many years.

Captain Watson said that the young man bad Jumped Into the water recently and saved a. brother longshoreman's life, and that he was always doing some brave act. His experience, Captain Watson said, while In the hold of tin- ship must have been awful. It was pitch dark down there, and he had to feel his way. with the poisonous all around him.

If Caasldy bad also been overcome while below, it would have been Impossible for the men on deck to have got to him In time to have saved his life. Captain Watson do, not know the young hero's address, but will make it his business to tlnd out something mure al.out him. Out- of tne other men who went to O'ltrlen's rescue was the boatswain's mate of the ship. Tin- other was a longshoreman The k.is that caused O'Brien's death In believed to be. carbon dioxide.

This Is one of the most Jiulsiiiious gases known to medical science, but for to accumulate in such quantities as to cause a man's death in a steamship's hold is without a parallel in history of the Marine Hospital. AMKKK LOT VISITING EUROPE THIS will find The Xew-York Tribune for mile at ooU ittallfi of the Irnilliia hotels throughout the continent of Kin-ope unit i.r. ii liMii.iii -well it on tin- KemliiiK itfintii BBMIMk -It may be obtained nt the principal rallroud stations. NEW- YORK DATLY TRIBUNE. TUESDAY.

MAT 1902. AFTER THAN ONE BID BOUGH DRAFT OF BROOKLYN EXTENSION CONTRACT TO TO THK BOARD THIS WEEK. Controller Grout announced last that the rough draft of the contract and specifications for the Hrooklyn extension of the rapid transit system would be reported to the Rapid Transit Commission this week. Mr. Groul is on the sub-committee In charge of the contract.

Edward Bhepmrd and Albert B. Boardman. counsel to the commission, have for sever.il months, in conjunction with the sub-committee, been busy on the contract. The work has been somewhat perplexing on account of the peculiar conditions to be met in handling traffic between Manhattan and Hrooklyn boroughs. Mr.

Crout said: It is the duty of the city officials to secure for the travelling public maximum of results jn planning this extension to Hrooklyn. The present system is essentially a Manhattan system. The Brooklyn extension is to facilitate the transportation of people to and from that borough. How to do that at the minimum of cost per ride from the Flatbush-ave. end of the extension to the postoflSce in Manhattan is a most Interesting problem.

The committee lias be. working over this problem for a lung; time. and iti order to have the contract tn such shape as to be attractive to more than one bidder sub-committee will report a contract some of the features of which will be as follows: First The to name the price for which lie will construct the extension. Secnd The bidder to state what connection he will provide with other roads, without increasing the five fare. Third The bidder to ptate what he will In the way of connection with an additional Fourth The bidder to state what he will provide for a single fare, with, nt a change of conveyance, to any pan of tbe suuway system.

it is thought that these provisions will attract bids from two or responsible parties. Men familiar with the situation believe that tbe bidders will be John B. McDonald, tbe gem ral contractor for the tunnel, the Brooklyn Rapid Transit Company and the Long Railroad Company. who think that the Brooklyn Rapid Transit Company will K't the contract say that that company will be aide to offer transfers to its without additional it assumed, would provide accommodations for the maximum number of Brooklynites, and give the rapid transit company's offer greater weight with the commission than any other that can be offered. Tl COMPANY PL 1 Vtf.

CHANGES IN BCHEMB TO CONNECT NKW- SfORK AND NEW JERSEY. Albany, Maj 5 (Special) -The Incorporators of tbe New-York and New-Jersey Railroad Company, the company form. to take advantage the franchise Kranted to the Hudson Tutiriei Railway Company to build a tunnel und--r the Hudson Klvt-r between und Jersey City, amended its articles of Incorporation to-day by adding ninth section. Th" new artfi le of lncorpora'tloa provides that the eastern terminus the tunnel railroad shall be in the block In the Borough Manhattan bounded by Christopher, West Tenth, wlch atid Hudson and that the road s-hall extend westwardly to a potnl under the waters of the Hudson River In th-- boundary line between the States New-York and New-Jersey, "where the said railroad is to connect with the railroad of .1 corporation organised or to be organised under the laws of New-Jersey, extendlng westwardly to a point or points in the cities of City and Hoboken, in the said i New-Jersej The corporators named Henry L. Bprague, Frederic B.

Jennings, Charles Russell Howard van Blnderen, Allen Ward well, Winfred T. Denison, William B. Bain ton, Patrick A Nolan Edward R. Greene, Hall P. Mc- Cullough, Charles W.

Robert Maroney, c. Roy Bangs, William H. Btevens, N. H. Kennedy and Franklin WORKERS CLOSE MILLS.

PUDDLERB DEMANDED TON AND CEIVEP ONLY U-l. tin May Th-- ten puddling and finishing mills of the American Iron and Steel Man- Ing Company's three big plants are idle to-day because the nfteen hundred iron employed there voted to striae. A month ago the men made demand for on advance from to it ton for puddlers. The company offered which the aooepted. Baturdajr they demanded MM.

The company announced it--i refusal of ihmuiiJ nl Lancaster, Pennu, May Two hundred and sixteen men In the finishing department Of the IVim Iron Company, in thia city, und five hundred men in the mills of tbe Busquenanna iron Company, at Columbia, to-day. The at the Perm mill throws four hundred men out of work, and that Columbia one thousand. Ahout a month ago thf men made demand for 1460 a ton and a thirty day compromise at was effected. This time on Baturday. rhe men renewed demands for $4 and were refused.

AMBASSADORSHIP FOR HESUELMI E11. 1.R PROVISION FOB THE NEW DIGNITY MADE IN AUSTRIAN BUDGET. Vienna, May The budget to be presented tomorrow at the meeting of the delegations In Budapest provides that Ladislaus HengelmUller yon Hengervar, Austro-Hunganan Minister at Washington, shall rtceive a salary of crowns (about 114,000) when he Is raised to the rank of Ambassador. This salary is double the amount of the Minister's present stipend, and the increase will be made on the ground that It Is necessary to appoint a councillor in order to complete the staff of the Austro-Hungarian Embassy at Washington and to provide for the creation of a consulate at Cleveland, to watch over the Interests of the fifty thousand Austrian subjects in that locality. LAST OF THE SEALING STEAMERS IN.

OF THE NEWFOUNDLAND CATCH THIS TEAR WAS (430,000. St. John's, N. May 5. The sealing steamer Kit-- escaped from the Ice Hoes In White Hay last Wednesday and reached hers this morning.

The. seal Usher) Ii now over, and the total catch amounts to seals. No vessel of the Heel mis tamed serious Injury, and only three men perished. The value of the catch approaches MSV.U9O. the run: record yesterday.

1:03 a. No. SSS 1.. Irvine; $siio. a.

So, Charles Qrau; $10. ii in. No 1,133 Second Thptnai Downey; 11,000. tl SO a. Nn.

IVnrl si owner unknown; II 10 No Thlrty-Mlxtli owner unknown; 1:30 p. in. Mo. 314 But eighty Henry mi tiiul; 8:10 p. No.

S3O Hunt Fifty clxiii J. Srott; p. 101 Baal Ban Bf trifling. p. No.

7 Wegt owmt 100. 515 p. No. 47 Abraham HOfwitaj trifling. 7:10 p.

Hi No. 2,169 owner unknown; Ho. 7 50 p. No. 151 Clinton Mia.

WelM; trtfllnc. CAPTMX FOODY'S DEFENCE; SAYS MB NKVKK IIAP BEEN AIU.K I'INU VIOLATIONS IN RAINES LAW HOTELS. Police Michael K. Foody on the witness stand in his own defence yesterday saorn- Ing In his trial before PoMes Cosamtsstoner Partridge. Ex-Judge W.

M. Olcott, his conns, i. tri-d hard to have stricken from the record testimony about violations of the BxetSC law In the Twentieth Precinct on last Sunday in March, Foody was at home sick, and District AttOTpe; Jerome, who is prosecuting the charges, said be was wllllriK to have the testimony left Out, but Commissioner Partridge decided to let it stand The Sunday tn question was one on which the patrolmen of the precinct suddenly closed most of the saloons, and the seemed to think that their action bad some waring on the charges against Foody. In hla testimony Captain Foody declared thai Instructed hla men to enforce the l.uv on Sun-lay. He denied that be had wlnktd In giving such Instructions, and said that all the policemen understood that be was la earnest.

He produced written reports from the men that they had not observed violations of law on posts. Me declared that he had not taken money from the saloonkeepers for protection. The 1 of the policemen on tbe last Sunday in March, ne thought, was the result of maklnp the men turn in reports in writing about violations of the law on their posts "Do you think that Is the only reason T' "I've been told that they sore about the platoon system and thought they could get even that way?" In the cross examination Foody said to District Attorney Jerome that he believed In polio- discipline, and be knew that the men who tmik part In the "revolt" had made up plan fa arrest a lot of the saloonkeepers. Are yog ore of officers who believe that the excise law should be enforced liberally? A I don't know anything about In enforcing law. Q.

Don't rou think administration wants a liberal enforcement of the Excise law? A No. you think tbe administration wants you to enforce the law strictly? A -Yea. Foody said he frequently bad gone Into Raines law hotels on Sunday to see if the law was obeyed at such places. He never had been able to find any violations i the law. Inspector Harley went on the stand, and said be thought the law had been well enforced in Foody's precinct, Mr Jerome said the Inspector ha i been railed to "whitewash" Foody.

It was developed in the examination that the Inspector had no to Ket evidence against any saloonkee on Sunday, but had merely observed the salooria from sidewalks Foui sergeants of the Twentieth Precinct testl.t Foody had given orders to have the Kxclse law enforced on Sunday. Patrolman VVlxon, who was said to have led the "revolt" li. the precinct, testified to making arrests on the last Sun lay In March, but he denied that had led an organized "revolt." In a discussion between Mr. Olcott and Mr Jerome about of the law at Raines law hotels Mr Jerome said he thought State Department neglected Its auty In giving llto many such places, but the department did Ms work for revenue only, and was con with seeing that the State received its fe. s.

hAHY VISITS MAYOR LOW. HE DENIES SAYING THAT HE GAVE INFORMATION OF POLICE BLACKMAIL TO Michael J. Dady, Commissioner of Elections, called on Mayor Low yesterday forenoon and chatted with him for about half an hour, When he left the office he aald: "The Mayor and talked mostly about the weather." he ask you to resign?" 11. did not," said Dadj emphasis, following his reply with a wink and a smile "Did the Mayor speak to you about the charges by William Urauer. the steamship "Thiit was touched on briefly.

1 asked for i. ropy of Mr. Eraser's statement, 'or rather of tbe statement nsade by his counsel, ami I am to get it Commissioner pady repudiated an Interview published in morning la which he was quoted us taring that legal evMseot of posses blackmail had ii to Police PurtrldKe, that facts ha 1 been irted to the Mayor, and no action had taken "We found out Bonn Urns that certain persons were paying fur police protection." Mid Mr. "We got the of the men who were pnyl-uc the money arid the i amea of the pollremen Involved These We to 1 l.lfiit. Governor Woodruff not go the Mayor ttbout the matter.

The mailing was ill done In Manhattan, because we do not have much of that In Brooklyn." When asked if he hud talked with Commissioner Partridge aliout jmllce blackmail ras Mr. Dady sui.l he had not. When Mayor Low w.is asked nNmit his t.ilk with Commissioner he said: "All i cure to say about the call Is that Mr. Dady denied thru he had given Interview published this morning. 1 will say further that no such charges as are mentioned In th.it int.

lew reached me. Mr I me th. was no basis fur the charges made by the Mrnuer steamship people i Partridge said that Mr. had culUd him up on the phone and had toJ.J him that had never given out an such statement appeared In the paper-. The Commissioner decUred thai he had never received any concerning blackmail In the department from Mr Party or Mr Woodruff.

The allegations may have come to him Indirectly, but he bad Barer received any information that he could use as evidence. We announce for To-day, Tuesday, May 6th, An offering of Women's Kid Gloves, Regular Prices of which are $1.75 and $1.50, at 95c. Pair. This we believe will eclipse any previous sale, from a great value-giving and selling standpoint, that has ever been held in this city. Our entire stock of High Grade Glace and Pique Real Kid "Claremont" Gloves is represented in this offering.

The styles are absolutely new this season. The embroidered effects are in many instances exclusive. The qualities strictly perfect, as none but high grades of French Kids are used in the making of this popular Glove. Embraced are the season's newest and best shades, besides pearl and white. In addition to the sale of Women's Gloves we shall also offer Men's Gloves at 75c.

Pair. Sold by us heretofore as a special value at $1.00. One clasp, lull piqued Dogskin, with latest embroidery as adapted in high grade imported gloves. In quality of leathers and in detail, only an expert could choose between these and gloves made in Europe, so you may consider how good they are and how extraordinarily cheap they must be at the price of OC of le Trimmed Hats and Toques. We to-day offer a number of Trimmed Hats and Toques suitable for street or carriage wear, spring styles, former prices of which were to 00, at $12.00 and $18.00.

Embraced are Imported besides beautiful creations from our own workroom, but fashioned after recent French styles. btck Satin Back Velvet Ribbon. The scarcest ribbon commodity in the market to-day; excellent quality. No. 10 26c yard, value.

No. 22 31c yard, value. Sixth Avc, th 19th to 20th st. 19th to 20th st. OUT OF FEDERAL REACH SAYS ANTITRUST ACT IS IXAPPLICABLE.

NORTHERN SECURITIES COMPANY'S AN BWER TELLS BTORI OF ITS ITS HOLDINGS AND ITS REA- SONS FOR EXISTING. Paul. May "An enterprise in aid of a great competitive Interstate and International commerce" Is tbe description of the Northern Securities Company given In the answer tiled by the attorneys) for that corporation in the Sttfl brought by Attornej General P. C. on behalf of the Tinted States, to enjoin the so-called merger of the Northern Pacific and Northern railways.

This answer was late this afternoon In the United States Circuit Court in this city and at the same time Individual answers were Bled by James J. Hill. William P. Clough, I Willis James John S. Kennedy, George Baker and the Great Northern Railway, and hy .1 PJerponl Morgan, Robert i Daniel 8.

Lamont and the Northern Pacific Railway Company. These various papers follow the same lines. The answer of the Northern Securities Company. Is divided Into two parts. The first is largely a denial of the petition, respecting any charge of conspiracy, and respecting the purposes of the organization of the securities company.

Instead of owning a majority of the shares of the Great Northern or of the Northern Pacific company, it is stated that those who are Interested in the organization of the securities company did not own within of a majority Of the Great Northern shares, and little more than one-quarter of the Northern Pacific shares. This part of the answer also states that the securities company has acquired by. transfer on the Great Northern books about five-twelfths of that company's stock, has negotiated for about four-twelfths of the total of such stock, which has not been transferred and as to which It has at present no voting power, anil has paid on account of Great Northern and Northern Pacific si hares purchased more than HMI in cash; that many stockholders have not sold and may not sell shares, and that neither company, by any act at suggestion, has solicited shareholders to sell to the securities company. In the second part of the answer, the purchase of the Chicago, Burlington and Quincy Railroad Company Is taken up, the reasons for such purchase having been, it Is alleged, "erroneously stated in the- petition." Attention called to the sparsely settled or unsettled nature of the country through which the Great Northern runs: the abundance raw materials, to be hauled at low mileage rate; the great timber wealth In the Pacific Northwest; the necessity of a return toad for the cars taking this timber to the prairie States; the development of trade with "Eastern Asia as a means securing; such return loads, and the establishment of a connecting steamship line for that purpose. it is stated that: In the Interstate and International commerce, which the Great Northern Company has thus built up.

it competes both In this country and on the ocean with the nther transcontinental lints (including the Canadian Pacific), and at the Oriental rta It competes for commerce with the world. its rates are and must be made in competition with the rates of ocean carriers and by way of the Sues Canal. The policy thus followed by the Great Northern Company in up on International and thereby an interstate has followed' the- Northern Pa. Itir- ilnce Its reorganization hi ItMMJ ROADi WERE AT A. DISADVANTAGE It is said that both roads were plaTAd at a disadvantage with other transcontinental railroads, as well as with European competitors, by the want of sufficiently direct connection with the territory offering the best markets for the products of the country alone their lines, and with the places of production and great centres of distribution, from which their traffic must be supplied.

The lines of Burlington, better than those of any other company, fulfilled the requirements of both roads In respect of markets for eastbound freight for westbound traffic. The answer recites these various markets and their products and continues: The price paid for Burlington stock was lower per of main track covered by the stock than that for which the stock of any her large and ell established system in the same general territory could then hnye been tight. The purchase of th" Burlington stock by the Northern Pacific and Great Northern companies, In equal parts, served each company as well as if it were the sole owner of such 4- stock, while such might have been beyond the financial means of either company by itself. The Great Northern and Northern Pacific companies, therefore, each purchased an equal number of shares of the Burlington stock as the best -ans and for the sole purpose of reaching the best markets for the products of the territory along their lines, and of securing connections which would furnish the largest amount of traffic for their respective roads, increase the trade and Interchange of commodities between the regions traversed by the Burlington lines ami their connections and the regions traversed or reached by the Great Northern and Northern Pacific lines, and by their connecting of shipping on the Pacific Coast. In such purchase there was no purpose to lessen any competition of- the Burlington lines with those of either of the purchasers, for they ar not competitive, or to lessen any competition between the purchasers.

The purchase of the Burlington stock was not made in view of the formation of this defendant (the Securities company), but solely from the motives and with the purposes already stated. IDEA ORIGINATED IN MM The idea of a holding company, continues the answer, originated among ten large stockholders of the Great Northern and its predecessor, the Minneapolis and Manitoba Railway Company, as far back as KML They feared that the possible scattering of their holdings would result in a -change of the. policy of the company. At this time the Idea of a holding company was suggested, but no agreement was then made. These same stockholders, after the reorganization Of the Northern Pacific, individually and without concerted action, bought stock In this company until, about May they owned nearly of the common stock, of which J.

Pierpont Morgan had also about faVfJUttlNMt Next is recited the conferences with .1 Pierpont Morgan, owner of the proposed holding company as a means of protecting all interests, and it is added: At this time It was not expected that any Northern Pacific shares, except the said ilieitK the combined Morgan-Hill would be acquired by the proposed holding company. The organization of such company was not dependent on any agreement that it should acquire a majority of the shares of either defendant railway company It would have bten organized if the Burlington purchase had not been made, and if Its promoters had had no other shares to transfer to it than the of Great Northern stock and the of Northern Pacific stock held by them on May 1, l.Mil. After its organization this defendant bought and still holds of the stock of the Northern Pacific Railway Company, and it has also purchased and negotiated for the purchase of the stock of the Great Northern Company, as hereinbefore stated. it is spe ifically stock thus set ure.i is to be held us- the purpose of phKiasj under railways of the Great Northern and Noi companies, ar their business, or I strain competMh for any other purpose than to manage each of them the benefit of tluir shareholders and of the pubU ANTI-TRUST ACT NOT A PPL 1C ABU! It denied thai -Mild foil gaaJsattam, it stated that iioth lines have voluntarily their earnings bj uj vl It is asserl all ti roads Is less IB mter- I Securities Company is not a I ny. and 'w-ays or i ontrol nswei says further; The "anti-trust act" was not intended to prevent or defeat an enterprise in aid of a great competitive interstate and international commerce, merely because -such enterprise may carry with it the possibility of incidental restraint upon some commerce, trifling both as respects territory and volume.

Nor was the act intended to limit the power of the several States to create corporations, define their purposes, fix the amount of their capital and determine who may buy, own and sell their stock. i ttherwlse construed, act would be unconstitutional. power to regulate commerce with foreign nations and among the States does r.ot give tft Congress the ponvr tn regulate any the matters above mentioned, in respect to corporations created by the States, and. Persons may not be deprived of their proporty without due process of law, by takinjr from them the right to sell U. as their Interest may suggest.

In the individual answers it is further ttatol that: The Securities Company, as now existing, la necessary as a defensive measure atrainst atterapts' of rival interests to unin control or direction of one or both defendant railway companies, nml to defeat the -prise they had undertaken of establishing a targe international and interstate commerce, ar.d that the effect 62 its organization on interstate commerce must be determined the determination of the whole; and that the control of nt the defendant railway companies by a rival Interest might Impose upon the other all the burdens the Joint obligations Incurred, amounting to more than $220,000,000. while taking from it all the benefits of the purchase of the Burlington.

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Pages Available:
367,604
Years Available:
1841-1922