It's hard to know what Eddington meant by "absurd way". Presumably he meant that this hypothetical law would prevent matter from collapsing into nothing. Possibly if Chandrasekhar had figured out the strange properties of the event horizon back in 1935 and had emphasized that whatever weird stuff is happening beyond the final Chandrasekhar limit is hidden from view, Eddington would not have reacted as harshly. But that took another 20-30 years, even though the relevant calculations require at most 3rd year college math. Besides, Chandrasekhar's strength was in mathematics, not physics, and he could not compete with Eddington in physics intuition (which happened to be quite wrong in this particular case).