Cortland Evening Standard, Monday, April 30, 1894.
THE NEW RAILROAD.
AMOUNT OF FIRST MORTGAGE BONDS TO BE ISSUED.
Subscriptions Asked for Along the Line of the Road—Prospects of the Road as to Paying.
Mr. N. E. Bundy of Philadelphia, Pa., who has been the moving spirit in the project to build the Erie and Central New York railroad from Cortland to Cincinnatus, left for Steuben county on Saturday. He expects to return the latter part of this week, and will then remain and devote his entire time to securing subscriptions to bonds of the road. The form of the subscription agreement to which he is asking signatures is as follows:
This instrument executed in duplicate and delivered by the several parties thereto respectively,
Witnesseth: That in consideration of the covenants and conditions hereinafter expressed, and other good and valuable considerations, the receipt whereof is hereby acknowledged, the Erie & Central New York Railway company, a domestic railroad corporation duly organized and incorporated pursuant to the laws of the state of New York, has contracted to execute and deliver to me or my order, of its first mortgage coupon bonds of the aggregate, par or face value of $----, bearing interest at the rate of 6 per cent per annum payable in lawful money of the United States, at the option of said company, at or after the expiration of five years and within twenty years from the date thereof at the place and on any of the several days within specified for the payment of such interest, or any part thereof, the payment whereof, both principal and interest, to be secured by a first mortgage, duly executed by said company, on all its real estate, franchises, superstructures, fixtures, equipment and property, in a sum not exceeding $15,000 per mile of its said railroad, said bonds to be issued only as the said road is completed or a sufficient guaranty or security given to the said company to secure completion and equipment pursuant to the contract therefor.
For which I agree to pay said company, or its order, the sum of $---- on demand, at the National bank of Cortland, on the delivery of the same at said bank, provided, the railroad of said company shall then have been completed and equipped, in accordance with the specification for its construction and in actual operation between Cortland, N. Y., and a point at or near the mouth of the Gee brook, in the town of Cincinnatus, N. Y., on or before the 1st day of November, 1894, otherwise this instrument shall be void.
It will be noticed that the agreement does not become binding till the road is completed, or sufficient guaranty or security given for its completion. The section of the road which it is now proposed to build will be 17 miles long, and it is desired to secure subscriptions to bonds to an amount not exceeding $15,000 a mile—instead of $20,000, as erroneously stated in the Cortland Democrat—or $255,000 in all. From parties along the lines of the road and who feel an interest in or will be benefited by it, Mr. Bundy hopes to obtain subscriptions to the extent of at least $5,000 a mile, or $85,000 in all, and he will go over the entire line systematically from here to Cincinnatus to solicit these subscriptions. He assures us that if the road earns as much per mile as the E., C. & N. does now, it will not only pay the 6 per cent interest on its bonds but will establish an earning capacity which will cause the bonds to command a premium, and it is confidently believed that enough freight business alone is in sight, including milk, produce and manufactured goods, to guaranty that the line will be more than self-supporting.
Mr. Bundy has already secured subscriptions and pledges for quite a block of the bonds, and has also received offers of notes for smaller amounts than $1,000, payable on the completion of the road, from parties who are willing to contribute to aid the enterprise but do not feel able to take bonds.
Subscriptions to the amount of $15,000 along the line of the road, as we understand Mr. Bundy, will insure the rapid completion and early operation of the road as far as Cincinnatus, and once finished to that point there is no doubt that connection with it will seem advantageous to several lines already built, and its extension will soon follow—in all probability both from Cincinnatus and Cortland. It would certainly seem that there ought to be no difficulty in getting the bonds taken which Mr. Bundy desires to place along the line of the road. People along the road bed of the old Utica, Chenango and Cortland road, upon which the Erie and Central New York company now proposes to put down the rails, have been wishing for railroad connection with Cortland for years, and here is project which assures them of such communication before they are asked to pay a penny, and offers them first mortgage 6 per cent bonus for all the money they advance. It will be a long time before they are offered a railroad on better terms than these.
Protest Against Woman Suffrage.
ALBANY, April 30.—A meeting was held here to petition the constitutional convention to refuse to listen to the plea of woman suffragists to amend the constitution.
Will Prosecute Police Captains.
BROOKLYN, April 30.—At its final meeting the Brooklyn Temperance league adopted the following resolutions, which were accompanied by a lengthy preamble:
That the Brooklyn Temperance league has now become convinced that it is useless for it to pursue further its present line of work of watching saloons, for it has become evident that the mayor and the commissioners of police have adopted "the open side doors on Sunday" as their settled policy; therefore resolved, that the executive committee, after securing legal advice, proceed in the courts against the police captains in whose precincts we have positive evidence of persistent violation of the Sunday law against liquor selling.
|THE COMMONWEAL ARMY LEAVING BRENTWOOD CAMP.|
COXEYITES AT REST.
THE ARMY OF PEACE CAMPED AT THE CAPITAL.
The Proposed Assemblage on the Capitol Steps to Take Place Tomorrow—Will Lay Their Petition Before Congress and Await the Expected Result—Will Accomplish Their Purpose "If It Takes All Summer."
WASHINGTON, April 30.—Citizen James S. Coxey, commander-in-chief of the Good Roads Army of the Commonweal, standing on a rickety wagon in the center of the Brightwood Driving park, waving aloft his Alpine hat to one of the most cosmopolitan and extensive audiences ever gathered m Washington, announced that the greatest march of the nineteenth century had been accomplished.
The march had been accomplished, as Citizen Coxey said, but its ending was in pitiful contrast to the massing of the thousands of unemployed, as its projector had prophesied. Three hundred and fifty of miserably dressed, woebegone, grumbling, out-at-the-elbows and run-down-at-the-heels specimens of humanity, who bore a striking, though, perhaps, undeserved resemblance to the familiar genius tramp, marched into the park led by a wheezing apology for a band, and stretched themselves in the sun.
Thousands from the city turned out to make a holiday of it and inspect the curious aggregation. They listened to the weird talk of Marshal Carl Browne and the Populistic speech of Coxey. Then they turned toward home in a haze of mental wonderment at the whole queer performance, the perseverance with which it had been carried out and the notoriety it had attained.
Lining the entrances to the park, enterprising colored citizens had established their booths for traffic in ginger bread and sweetened water which passed current under the guise of lemonade.
The semblance to a circus layout was further enforced by the thimble riggers and shell men skulking about the outskirts of crowd. But when the people poured into the park enclosure the suggestion of circus day was fullblown. In the center of the half mile racetrack flapped the canvas inclosure [sic] which encircled the quarters of the commonweal army.
Half a dozen weather beaten army tents stood about the canvas drawn circle with several canvas-covered commissary wagons.
Tents and wagons were covered with black painted daubs, legends, which were a queer mixture of good roads, reincarnation and finance.
The great percheron horses with shaggy fetlocks were tethered about the wagons. Nearby were fastened two large American flags and the emblematic banners were piled on the ground.
Most interesting of the sights, however, were the human elements, the rank and file of the Quixote army, the men who had marched and borne the brunt of mud, storms and cold. They were the most unique and inexplicable aggregation ever brought together. Some of them were at work about the tents and wagons, others curled up on the damp ground munching great chunks of bread, and many more stretched sleeping in the sun with their heads pillowed on rolled-up coats.
Fashionably dressed ladies stood about surveying the men, commenting upon their appearance, with no apparent realization of the fact that the subjects of their comments were human beings, who could hear and understand them.
Over in the most pretentious tent, which bore the sign "Headquarters" painted across it, were found the leaders of the army, General Coxey and Marshal Browne.
Clad in a fashionable suit of light drab hue, with as perfectly creased trouser as could be seen on Fifth avenue, with a cup of coffee in one hand, and a boiled egg in the other, from which he alternately took refreshment and sustenance, sat General Coxey, as mild a mannered man as aver headed an army of peace.
The question which has most agitated Washington of late was propounded to him by the reporter.
"What do you Intend to do when the police prevent you from holding your meeting on the Capitol grounds" he was asked.
"No one will prevent us," replied the seer from Massillon with great promptness. "Does not the constitution guarantee the right to peaceably assemble and petition congress?"
"But there is a police regulation passed by congress which forbids processions and assemblages on the Capitol grounds and the police will stop your army if it attempts to trespass,"
"Constitution was written before any police regulations," replied the general. "If they come in conflict with the constitution they are void. We stand squarely upon the constitution, that is our platform."
"How do you intend to enforce your rights?"
"There is but one way, by an appeal to the courts. We will go before the highest court in the land, if necessary. Meanwhile we will wait here in Washington, if it takes all summer. If the courts refuse us our rights there will be a revolution. I do not advocate revolution, nor do I desire it, but it will be irresistible and it will be the greatest revolution of history if the American people are once thoroughly aroused."
The conversation of Mr. Coxey was broken into by a trumpet call which summoned the choir of the army. Following Captain Browne this choir of a dozen privates in the army, backed out to the platform wagon which has borne the remarkable allegorical panorama of the curse of national banks. Brown climbed into the wagon; beside him stood a stalwart man holding aloft a banner with the legend "The Kingdom of Heaven (on earth) is at Hand." The choir sung in various keys, a key to each individual, a parody on the revival hymn "Hold the Fort."
Before the singing was ended several hundred people gathered around the wagon with uplifted faces. Across the racetrack, in front of the improvised platform, the grandstand seats were filled with solid rows of men and women like a race day crowd. The track itself was full of carriages, in some of which ladies and gentlemen of the fashionable world leaned back, shaded by parasols and listening curiously. Bicyclers dismounted and leaned on their wheels.
Carl Browne probably in his adventurous life had never faced such an audience as this one, which greeted him with a very faint demonstration of jeering applause when he bared his head and announced a text from Revelations.
Senators Manderson and Frye with their wives were in handsome carriages. Senator Coke and Representative Buckley Kilgore of Texas stood wedged in by the populace. The long gray beard of Senator Dolph of Oregon shone conspicuously. Representative Dolliver, the young Protectionist from Iowa, was at the head of another group of congressmen.
Mrs. Anna L. Diggs of Kansas, the Populist speaker, stood with a baby in her arms, and beside her, gorgeous in their satins, with long braids hanging down their backs and red buttons of the nobility on their skullcaps, were two Sphinx-faced Orientals from the Chinese empire.
The speech of Carl Browne has so often been described that it hardly deserves fresh mention. It was a strange mixture of theology and finance, like the placards on the tents of the army.
He acknowledged that he was a crank, because it took a crank to move anything, as he said. The present condition of the country he declared to be the fulfillment of the revelation to St. John.
The seven heads of the beast were the seven conspiracies against the money of the people, the 10 horns were the 10 monopolies, foremost among them the sugar trust.
Grover Cleveland had called an extra session of congress and by the aid of "that gray-headed rat from Ohio, John Sherman," had been able to heal the wounds of the seventh head by repealing the silver purchasing bill.
He drew a strange diagram to illustrate the reincarnation of Christ, which was shared by himself, Brother Coxey, John Stuart Mills and Wendall Phillips, and ended by inveighing against the Rothschilds.
When finally General Coxey scrambled up awkwardly upon the wagon and was introduced, he waived his hat to each quarter of the compass.
"Three cheers for Coxey," shouted a boy in the bell stand. His suggestion was followed quite heartily and the general again bowed his acknowledgments, and was proceeding to unbosom himself of some eloquent periods upon the completion of the greatest march of the 19th century when some skeptic bawled shrilly, "Where's yer 500,000 men?"
This interruption was not dignified with reply. The speaker launched into his description of the millions of starving unemployed, shouting: "We will stay here all summer until congress takes action on our bills." [Great applause.]
General Coxey talked for half an hour, bareheaded under the hot sun, explaining his bill for good roads, for plenty of money and its companion piece, for universal luxury through noninterest bonds.
General Coxey came into the city at night and registered at one of the best hotels. He declares that his army will march to the Capitol tomorrow noon, hold its great massmeeting on the steps to demand the passage of his bills and then return to camp to wait until they become law.
The start of the army from Rockville on the final stage of its march was delayed by the need of provisions for sick members of the army.
The column was organized the same as when entering Rockville, save that the Christopher Columbus Jones contingent from Philadelphia marched at the end of the line.
At the District of Columbia boundary line the army was halted to give cheers for the federal power.
Just as the army moved on after this, a dozen men were discovered over the fence in an open lot, drawn up in line.
It was the Unknown's contingent of seceders, who had tramped over from Rockville early; and at their head was the man Dizarro, if that be the Unknown's name.
"Don't pay any attention to them." commanded Carl Browne as he rode forward. And they did not.
No other incident save constantly increasing crowds marked the progress and arrival at the camp on Brightwood park racing grounds.
The army disappeared within their wall tent and up went this placard:
No admission charged to these grounds. But all persons entering here are expected to contribute at least 25 cents, or as much as they can afford for the good of the cause. All penniless admitted free. CARL BROWNE.
Unheeded must our sages now
About the tariff talk;
The festive quorum may, unwatched,
Kick up its heels and balk;
And Coxey's army on the march
Inspires no trace of fear,
The country's wrapped in one glad thought—
The baseball game is here.
—The fire department received this morning 900 feet of new hose.
—The drug store of Fitz Boynton & Co. was Saturday connected with the Telephone Exchange.
—Invitations for the reception to be given by Miss Carpenter's dancing class at Wells hall next Friday evening were issued this afternoon.
—The sale of reserved seat tickets for the sword contest begins at the store of D. F. Wallace & Co. to-morrow (Tuesday) morning at 9 o'clock.
—The infant son of Mr. and Mrs. Joseph Morrison of 17 Clayton-ave. died at 9 o'clock yesterday morning of heart disease, aged 21 days. The funeral was held at 3 o'clock this afternoon.
—The state board of health has discontinued the inspection of cattle for tuberculosis and discharged the inspectors for want of funds to carry on the work efficiently.—Norwich Sun.
—The pictures of St. John and Barbour, the swordmen who are to contest for the championship at the Opera House next Thursday evening, are on exhibition at the book store of Ament & Brazie.
—Mr. Fred I. Graham to-day received one of the "Model 39" Columbia bicycles with a high frame designed especially for tall riders. The wheel is made this year for the first time and a decided novelty,
—The Homer reporter for The STANDAND has been under the weather for a few days and confined to the house with a bad attack of grip and our Homer letter has been short in some cases and others lacking entirely. We hope for his restored health very shortly.
The 4 o'clock meeting at the Y. M. C. A. rooms yesterday afternoon was a particularly good one. There was a large attendance. All enjoyed the song service led by Mr. J. B. Hunt, and also the fine solo which he sung. The devotional exercises were conducted by Mr. C. H. White.
—The baseball game between the Cortland "North Enders" and the Homer Academy teams, at the latter place Saturday, resulted in a score of 20 to 19 in favor of the Cortland boys. Both teams are well matched and the game was very interesting throughout.
—The Normal banjo and guitar clubs were out serenading on Friday evening, entertaining their friends most delightfully. The STANDARD was fortunate enough to be among those favored, and it takes this opportunity to thank its friends for the fine music.
—Foster [forecaster] says May will average warmer than usual. The first half will average more above the normal temperature than the last half. Rainfall of the month will be about the general average. More rain will fall during the last half of the month. The hottest weather will occur in front of the storm wave that will cross the continent from the 9th to the 13th moving eastward.—Ithaca Journal.
New Meat Market.
C. W. Stoker, the popular grocer, has just opened in connection with his grocery a meat market, where fresh meats of every kind and description can be obtained. George Dickinson is in charge of the market. A large meat rack is in the rear of the space reserved for the market and there is a huge chopping block and a marble slab for the meats. The cooler, 9 by 15 feet in size, has been divided into two parts and the larger section of it is now fitted with choice meats. The smaller part is used for the usual line of grocery goods that need to be kept cool.
A very convenient arrangement has been made for filling the cooler with ice. The ice is loaded upon the elevator which is raised higher than the top of the cooler, where a chute conveys it down to the ice chest. The store is very complete in every respect.