, 1865-01-24

union STOCK Yard and IfAnk2f Com.
pany.
To the Editor Of the Chie.go Tribune:
There are two classes Of objections which
are urged against this bill.
Ffysl-That it is monopoly which will be
Injurious to shock raisess and shippers. and
hence that tt will tend to drive stock away
from the Chicago market. At the same time
this class Of ohjectors contend that tho so
called monopoly has been gotten no and viii
companies which run cast from Chicago,
which companies represent a capital of sixty
millions Of dollars engaged in their legitimate
enterprise as carriers Of fieight md passed.
gers from Chicago to points East, aud whose
interests can only be promoted by increasing
the stock business at Chicago, BY afordinS
better facilities ard market for stock which
Is now carried to other points by other
routes. The line Of argument taken by
this class Of objectoIs j. therefore
prerosterous and absurd. The truth is, that
the arrangement contemplated by the bill has
been entered into with the concurrence Of
both the Eastern and Western roads center
their mutual interests and largely increase
their stock business, By inducing shipments
from points not now reached on account of
want Of facilities and market ut Chicago.
Every stock raiser and shipper knows thst
there a1c serious and constant objections and
complaint to the present arrangements OF
yards, both on account Of their distance
apart, their locality In the city, and the want
OF room and accommodation afforded. To
meet these objections 1t Is proposed and In
tended (whether this bill passes or noD to
concentrate these yards at the most convent
cnt and accessible point outside the city linl-
its, and to endcavor to build up great mar
Chicago, which shnll render our farmers and
drcvers independent Of Eastern monopolists,
and Of those rapid fluctuations In prices which
60 frequently occur while cattle nre in course
OF transit from the West to the East.
Sfton6-1t is commended by another class
by aHording to parties shipping freight from
points west TO points cast OF the city addi~
tional facilities for 50 doing, by taking the
same In bulk without transfer from one car
to another, instead of by the old orthodox
methods Of Lifting, handling, ca1ting and
come out Of the pockets Of the farmers and
shippers, and hence the objection that this
bill will cheaper transportation by dispensing
with these items, will commend itself to the
members from the country, and will tend to
these constituents being iii Intensely inter.
ested In Increasing the tariff on freight ship
ped by railroads. So far as the members In
both Houses from the city are concerned, they
are understood to be a unit In favor OF tho
l. II Is measure Of great sanitary neces-
slty, demanded by oil classes Of our citl-
zcns in order TO relieve the city from the In
tolcl able nuisance occasfoned by the present
| yards, which this bill will remove from the
/ city limits.
Z. It will promote the interests Of our city
and State, BY building up In . convenient
and suitable locality ii the uelghborhood Of
the packing houses, great live stock mar
! bet which will attract the stock trade not
only OF our own State, but of the whole
Northwest, By making it the interest Of dro-
its ample folds. Certainly If It does not 10
this, it cannot succeed bnt must fall.
| 3. II Is no monopoly, because there are two
| other ei1nilar charters DOW being passed be-
fore the Legislature, all Of which should be-,
and no doubt will be passed and generous
rivalry and competition will promote the In
terests Of the public at la.ge.
i. The puerile ohiectious to the names ol
corporators in the bill, and the slang used
in connection Herewith, might have some
effect in pettifoger's speech to d jury. sum-
moned in case before Justice Of the Peace.
but can have no weight with an enlightened
and liberal minded legislator Who Judges a
S. 1t is we'll known that Ill of the opposl-
tion to the bill come from the monopolists,
who wish to control the live stock business
Of the country, by having lease of the new
stock yards ii the West Division Of the city
under contract with the railroads there cen.
tering not to deliver the stock brought By
them elsewhere than at those yards, and who
tremble at the prospect OF . competition
which, while 1t will be the life Of the stock
raiser and shippers. will deprive them Of their
present privilege Of filling their well lined
pockets at the expense of the hard listed,
honest farmers ofIllinois. All Of the articles
which have appeared In the papers against
this bill have emanated from, and bear the
ear-marks Of these gentlemen It is also well
sent to Springfield a large corruption fund
which is 10 be used under the direction Of
skillful lobbyists to defeat the..bill. We hazart
the predictien, however, that it will prove tt
them losing investment, and 8 "sinkine
fund" The people oil say, "Let the comp,
tition 70 On" and their representatives Ie WI
say amen! OSE WHO KNOWS.