Galento by ko. This outcome of this fight would be determined by who had the superior chin. Galento's was better. I see the same kind of result that quarry vs. shavers had. Against big punchers earnie's chin failed him, not to mention that his defence wasn't the best. It would be a war while it lasted, but my pick is tony by 2nd round ko.
Good match-up, I see this one ending in Tony's favor around the fifth round ala Tex Cobb vs Shavers. I think Tony would soak up some punishment through the first three rounds and then start to take over and hammer Earnie as he quickly started to tire.