The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1839-07-03
comptroller.

| Tue RIcHMoND.-The Boston Times pre-
faced the Address Of the stockholders Of the
Richmond to the public, with the following re-
marks, which we commend to the attention Of
our readers.
Some curious transactions have recently oc-
CURED in relation TO this great limo of travel.
The Transportation Company was join stock
concern, in which the partners are individually
liable. They have struggled for monopoly,
and have. whenever, it was in their power,
charged exorbitant fares. DIR. Richmond.
supported by his associates, has beaten them
CALAMITY and they are content with the pat
roDage they have received, though many mean
sOuled men have preferred to help the oppo-
siton to their liberal enterprise by taking the
dollar boat; forgetting all enlarged considera-
tions for the future welfare Of travel, in the
present saving of two dollars forgetting also,
that they owe the saving of all less than six
dollars, entirely to the spirit and perseverance
Of DIR. Richmond. After he has helped them
to save three dollars, they do all that can be
done to aid his opponents, by saving two more
and ir the prices should hereafter be put up to
eight or ten dollars many a rich man TO
whom we can point, must take it to his con-
science, that he has been a participator in
grinding the face of the poor.
! The Transportation Company being bafiled,
however, are resorting TO desperate measures.
! In the State Of New Jersey, altogether be-
yond the line. charter has been granted TO a
f" New Jersey Steam Navigation Company ~
Propositions said to have come from that CON-
pany, signed by two Of the Directors of the
Transportation Company, Ives and Russell,
were laid before the stockholders OF the Rich
mond at their last meeting and were unani-
mously rejected.
| These propositions were, to make Joint
property Of all the boats on the Sound at GER
tain valuations; and then to put up the prices
S3d share the profits. pro rata. Rumors pre-.
vailed, and were current in this city, that such
a consolidation would be agreed to by the own
ers Of the Richmond; but those who told the
tale " reckoned without their host" The price
Of three dollars, with good share Of patron
age, pays sufficient and satisfactory profit
Why should New Jersey, New YoIk, Rhode
Island, Connecticut Monopoly Company, be
allowed to extort extravagant prices from our
Boston and New York line Of travell If this
movement, under foreign act of incorpora-
ton, from a State whose inhabitants have no
interest in the matter-an act refused to the
Transportation Company in the State of New
York, because Of the improper conditions de-
sired-if this does not open the eyes Of the
people to just conception Of their interests in
this matter, there is then no cure for blindness.
Let the Richmond be driven off-negect to
support her, so that the propretors may, for
self-preservation, be compelled to give up the
contest-let the associated companies once
more get the ascendancy, and travellers will
be compelled to pay for it roundly. We feel
deep interest in this matter, for when it is ad-
mitted that the medium rates are sufficiently
productive to render the business profitable,
we cannot endure the idea that powerful mo-
nopoly association should be allowed to force
off reasonable competitor, by travelling round
for charters to different States, and combining
to extort exorbitant prices from the great mass
of travellers. Honor 10 DR.. Richmond ana
success 10 his bodtr' is our motto.