New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-02-28

solidation was effected. l.t.
Now as to TIE essential righteousness Of the
two.cent restriction. 1t is true that the Average
rate of passenger fare, in both Europe and
America, is above two cents per mile. But In
Great Britain the sums paid for land damages
are enormous; while parliamentary and law ex.
penses amount to more per mile than the entire
necessary cost Of good road in this country.
First class passages are immensely more sump'
tuous and costly there than here; second-class
correspond to our frst-clsss; while the two
cent or parliamentary cars 1--WE have tried each
but are more comfortable than our emiEant
cars.
"Justice" talks as though legal restriction
to two cents per mile for decent railroad carriage
was Unprecedented. But the Hudson River has
always carried at that rate, when it did not (by
Communication or excursion tickets) Gerry for less;
and the Harlem for years carried to Albany (lo3
miles, for 81. From this city to Boston (23o
miles) the fare has almost uniformly been 80;
TO New.Hayen &c miles of very hard country
for q railroad) it was till recently but $ld.
though we believe the charge is now % cents
more Justice" is either ignorant Of material
facts, or he thinks others are.
That Telegraph and Express Companies have
made $50 per cent" or some such inordnate
dividends may be true-we cannot galnsay II:
but, if that proves that the Central ought to be
relieved from its engagement with the state TO
carry passengers for two cents per mile we do
no, see the point.
1t is not true that 1t is now proposed to force
liz 1.-THE passenger fare on the Central down
permanently to one cent per mile and
Justice should have been wiser than to assert
so glaring no-such-thing The assumption
that the disorder and dcbasement of our Cur
rency are permanent is refuted by the mot no.
torious facts. The depreciation OF our circulat-
ing medium is far less to-day than it was eight
or nine months ago-less than 1t was three
months ago; we hope soon to SEQ 1t
nearly or quite obviated. Should the Re-
bellion be crushed within tho next three months
AS We hope and believe it may-we shan
expect soon TO soc our Paper Currency within
twenty-five per cent Of par, with tendency "
still nearer approximation. Now wt rant the
help Of the Central and ,rery other Railroad 10
tfut this improrem,nt-want their interest IKE
ours, on the side of solvency aud reality. Re
store our Currency nearly or quite to par, ana
all ,ho hard,hips whereof Justice now COM
plains will vanish-chcaper Iron, Coal. Wood
Labor. &c, &c. will dispel his most cogent ar
guments for q repeal Of the restriction. we
seem to I've nearly through our great struggle
at all events, we are more than half through.
The Central has done fairly when our Currency
Depreciation was considerably greater than now
let IL be patient. and belp restore soundncss.
instead Of assuming that our National bank
rup.cy il chronic and destined to prove eternal
| Justice assumes as incontroyertible the In
adequacy OF tho present legal charge of two
cents per mile for carrying passengers over the
Central and its branches. We point to the
recorded fact that the Massachusetts, Western.
running from Albany to Springfield (only %
milcs) over a mountainous route, through q
relatively sparse population. Officially reports the
cos, Of carrying its passengers in 1884 at ono
cent and one-scven,h Currency per mile. II
surely cannot be necessary to argue that The
cost OF carrying passengers on the much fuller
trains over the far easier grades Of the Central
must DO consiasraiiy less than on the Western:
The depreciation Of cur Currency is the Tea'
son alleged for allowing the Central to repudlatc
| its engagement with the State; We hold itin.
sufficient atubsst; but, we've IT. valid, ID would
ny tftilieaps Justify the measure now in prepa
ration. rive cannot carry passengers for two
cents per mile, because the two cents are really
but one," is the plea. Very good; DO yon
propose that the restriction shall be tfed only rhiie
tie Cprtncy depreciation oonfinusF We ask.
There Is no answer; but we are assured that
the bill Ia preparation at Albany removes the
restriction unqnalfiedly, allowing the Central
to charge higher rates after the Currency shall
be restored to solvency as well as before II
so, is the debsscment anything more than q
convenient pretextl
". Corruption - Justice would fain have
it believed that either the Central has never
sought to corrupt the Legislature, or that it has
been driven TO do so in self-dcfense. We advise
him as a friend to keep of that tcklish ground.
He seems to forget that the State, having incurred
a great debt in constructing and enlarging her
Canals, deemed it just to prohibit the carrying Of
freight to their prejudice by the railroads char
tered to run along the banks Of those Canals;
that the roads now forming the Central were
chartered under this express restriction, which