The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-12
The Desposs.ss ~ M.~~psss.s- s'ss r~s~~ Sss-
~ Company s"s ss~ss SEQ a~s~s~sss-s-

Th- Dsspssssss % m-~~ps ss.s- ss~ U.ss~ Sss-
pyCs~spary s.s ss~ss Seq a~s~S~sss..s.
N the UeIon Ferry Ccmrsny Imagine thai BE-
cause their moaopoly i protected ~ iax, they
can therefore prac'ioe VITA inpanity every
sor. Of trickcry and imp.rtiscnce apon the
public, thsy viii End themselves very much
mistaken. Ours IL not community tsat Gill
tamely sabmit - oligarchieAi do~potisu and la
science. Wien law overridss moderation and
deecocy, and is found inesse'ivs 20 hold mea
to the spirit u their Obligations. there are
means Away 10 b. ioaod Of providing a RENE
dy The Union Ferry Company wlll do sell
not 10 rely too confidently GA the stresgsh OF
their position, Tor il II not % impregaahlc =
they imagisc.
so long a. The alterations In the arrange
ment- OF the ferries were confined 10 q mere
rise in The fare, we abstained from taking any
part in discussion 10 which the legal right
was certainly on The side OF the company. Nc
nevertheless had a strong opinion A. 10 h.
grasping spirit evidenced by the new regala-
tiona, although we thought II beaer no, 10
make any comments upon them until the ex-
element to which they were sure TO Head pro-
voked some defensive explanation from the
company. We have since had both statements
and counter.statements from The parties respsc-
lively interested. The latter, however, arr
only Of u semi-official character, consisting o.
anonymous letters to the newspapers, from
Individual members of the Board Of Mana
gers. A case is attempted to be made ont
in them il support Of the recent alteration IN
the fares; but il is just such an ingenioas
balance sheet as a plant bookkeeper would
prepare for man about TO face his creditors.
We hear merely Of the expenses, but we are
told little or nothing about the profits. We arc
gravely informed that the expenses Of the CON.
pany are increasing with alarming rapidly;
for last year 80 many thousand dollars we've
expended over the year previous, and this year
there will be another terrific increase over Ill,
last We should like to know what comr' ar
cial enterprise which il rapidly extending it,
business, can calculate upon its expenses re.
naming stationary whilst It's profits are pro-
crossing. If the members Of the Union Ferry
Company will be good enough to indicate to Us
any scheme by which such an exceptional re-
suit can be attained, we win deiray ont Of our
own pockets for them the whole annual charge
Of one Of their ferries. When we take into ac-
count the enormous expenses Of onr own estab.
lishment, ana the small per contsge of profits
which they leave at the end o. the twelve
months, we feel that we should be gamma
la gcly By such bargain. The Union G IN.
paDy cannot monopolize ferry after ferry until
they have engrossed the whole Of the convey.
apcc between New York and Brooklyn, withou,
= temporary investment OF capital to secure
the prospective gains to which they look
They could not expect, and never did expect.
that the Wall street ferry would pay it, CT.
pen:cs at first starting, but they were never,
theless determined to secure it, knowing that
once they secured the monopoly Of the fcrr.age
between the two cities, they would compel the
public TO make up for any present losses it
might entail. The company, unlike other spe-
culators, arc not satisfied with large future re-
suits, for q comparatively small present outlay.
They must start upon what is called dead
certainty. We should like to carry on business
under such immulable conditions Of prosperity.
But with all these considerations, il was not
our intention to NEEDLE. The time has gone \
when any useful result mi ht have been attained
by pressing them upon the attention Of the pull
&c. II those to whom We entrust the guardianship
Of our interests choose to barter them way
for mess Of pottage, it is clearly with them,
rather than with those who benefit by their
Encouragement, that We have to reckon.
When we employ corrupt or negligent SER
wants, we must expect to pay the penalty Of cnr
own want OF discrimination. We refer to the
facts simply, to place the question as between
The Union Company and the public on distinct
AID Ineligible footing. We hear so much
from themsel,e s and their paid defenders Of the
press of their iiberalty and disintercstcdness,
that we like to strip the question of all false
colorng. We do not contest the legal right
Of the company to raise their fares, but we do
the grounds put forth in justification of the
step and we are borne ont in the view which
We have taken Of them, by the tricky and an-
noyipg manner 10 which the alteration has been
carried Tito cffrct.
10 break. in scare degree. The unpopularity
and Indignation with which the rise in the fares
was sure 10 le attended, the company an
poupced that tickets would be sold at con.
siderable discount amountiog to practical re-
drction Of Tie increase 10 half a cent. 70 The
inhabitants Of Brooklyn, compelled until the lst
of Nay to submit to this arbitrary addition to
tter expenses, even this allowance was q boon.
To the surprise aud annoyance Of every one,
however, who has applied for tickets, il is stated
rhat they cannot be supplied. % ihe clerks
have not efficient on band to meet tho demand.
Now. ii can hardly lie believed that the anaa-
cinl resources aud credit of the company arc at
50 low an ctb that they cannot procure from their
alinter the Necessary quantity of tickets to fai-
al the conditions of their own arIangems tents.
Wat conclusion can the public come to, but
hat they are dclirous OF proiting by this pre-
ftrCcd Oif,i, ultv 80 pcckpt "a rnrch nancy "a