The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-02-17

VINO CTeoycO COTp0
ration, fer redress from their grievances
Your petitioners would also state that this corpo-
ration has unde raken to distribute its to whom
they please and those who feel disposed TO control
their own business, and send their products to mar
ket by such avenues as suits their convenience,
are greatly annoyed and harrassed by this
corporation, and their business ruined, and
themselves reduced 10 beggary Your petitioners
delphia and Reading Railroad Company to con-
struct an Improvement that should be open to all
who desired to use il, under proper regulation,
without 'fear, favor, or afecton;" and that it was
not designed to control, uamniel, and ruin the
business of those who think proper to protest
against its management and practices, and choose
TO send their commodity to market by another
channel, when il is their interest TO do 80.
sYour petitioners would also represent, that the
president of this railroad company has also en-
gagea in the coal business, in competition with
Individuals and in order tn secure trade to the road
he mas thrown that coal into the market at such
rates, that il was impossible for individuals, who
had made heavy investments in developing the
resources OF the county, 70 compete with him in
the market.
"Your petitioners also believe, that the present
railroad, with its enormous capital, has degrue-
rated into mere stock -josbing concern, and caro-
but little about the interests Of the trade, If they
can only initiate their stock, and compel people to
USE their road by intimidation aud punishment.
This is evident from the fact that they boast Vt
their ability TO carry COAL including wear ami 'ear,
about 63 cents per ton to Philadelphia, and have,
for The last I'VE years, charged the enormous OF
81 20 per ton, knowing that 1t has been tho
means OF checking the trade and impoverlshing
the coal region
foreign influence, hostile TO the interests Ut the
gon, this STATE, and the nation, and they tnere-
fore petition your honorable bodies 10 grant char.
ter for the construction of new road, leading from
the coal region of Schuylkll county dowa the
valley of the Schuylkil, ny such route as Will
not interfere with the present improvements, con-
meeting with the Norrstown Railroad, firmly be-
ewing that can be constructed and equipped for
all the purposes of transportation, for about six
millions of dollars; that by the time IL completed,
the great impetus il will give TO the further deve-
lopement of our immense mineral resources, an
abundance of trade Will be created for the accom-.
modaion of oil the avenues TO market, ut moderate
rates; while it will, al the same time, curb the
prctentlons Of one Of the most monsTous. daring,
and oppressive monopolIeS tnat has Sver grown
up In the country. And they will ever pray, &c"
IL is to be hoped that after long series Of years
OF mismanagement, the ude OF dishonesty and cor
ruptlon which has characterized the management
ut this company from The day which It Was char
ter, d, will now be ested. Your readers have
only tn refer the affidavit which was filed against
this company by Charles Could. In the Sapreme
Court OF Pennsylvania, In lS47, and published at
leng in your city papers, to more fully ersAnd
the accuracy of my charges and statements. shall
prepare Synopsis of the affidavit of Mr. Gould, now
on file in the Supreme Cont Of Pennsylvania,
wherein 1t is made sppare mt that the whole sysem
OF nanae ment, perhaps, properly speaking,
nismaDagt meDt, was fully exposed Certain 1t Is,
no latter what means th bankrupt company may
resort To for tbs purpose OF bOsterng w their stock
the forthcoming expose will bs 80 overwhelming
against it, m little or no eoubt can be entertained
OF the favorable consideration Of the proposed new
road on the opposite side of the Schuylklll
The Commltee on Internal improvements will
shortly ask the Hou.e for power to send for persons
and papers relative 10 resuming the interest OF the
State in the Delaware and Hudson canal 1 will
shortly prepare a statement exhibiting the facts,
and the n1Kger IN which the coal region, tempora-
nly owue ed by the aboyenamed company, came into
their possession, and how il will, and must, revert
eeain TO the Commonwealth under certain stipua.
lions. SrsQUEHASSA.