New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-03-24

hostility TO the Central kai'road. ~ HAS S'"'Py
required the stockholders ard managers OF tnat
Road to fulfill their contract with the Slate
the contract whereby they have this day cor
porate existence. They sought important iayors
of the State, and obtained them on condition
that they should carry oil passengers thence
forth at a charge not exceeding two cents per
mile. Congress has since imposed tax on
passenger fares, which tax the Railroad at once
transferred bodily from its own shoulders to those
of its customers. Is has asked and obtained
of the LEGISLATURE the right to carry freight
free of tie tolls which it originally agreed
70 nav because of its diversion Of business anu
income from our Grand Canal. The Central
has been generously dealt with BY the STATE
and its managers have this day one OF the
very best routes and the most productive rail-
road properties in America. II that property
has not fairly earned the liberal dividends 1t has
been paving, the fault is not in the large ana
steadily augmented revenues, but in the loose
and prodigil disbursements. 1t is notorious that
q" dead.heals" are more abundant on the pas
senger trains Of the Central than on those OF any
other Road tho Camden and Amboy possibly
excepted. We have hitherto shown, distinctly
and in detail, that the income actually realized
has been slamelully layished and squandered'
To our eSpositions. no answer was hiade'
against our charges, no defense WAS set up
The ease went against the defendant by default;
and il doe, seem amazing that, under all the
circumstances, the managers should have ven
tured TO approach the Legislature with new de-
mands and in seeming expectation Of fresh
iavOrs.
We have little advice to give TO the direct
ors and officers of the Central, which If prompted
bv An earnest concern for the welfare OF their
great trust, and which we are sure they VIII
find wholesome if they will but faithfully follow
il. We do most sincerely and urgently cntrcat
them TO recall or annul their multitudinous free
passes and issue none hereafter but to officers
and employees necessarily passing over their
road on its business, to cut off all needless ex-
pcnditures and reduce the amount paid to
" counsel TO the naked requirements of their
legal business, to stop running for Congress or
running the machinery OF the Democratic or
any other party, and solemnly resolve that no
dollar of thriy funds shall henceiorth be ex-
pended for any purpose that is not plainly,
clearly expressed on book open To every stock
holder, and especially never TO dlsburse another
dollar where il is designed to influence legi.la-
lation or procure any sort Of political or
official favor. II il be necessary to the cure OF
past irregularities and the recovery of financial
stamina tina, they pass one or two dividends, or
reduce them TO two or three per cent, let them
not hesitate, but be honest i'll all things. Lot
them put on cars enough TO give every passen'
ger seat, and attach 10 them engines capable
of moving them on time. Let the freight Of the
people Of our State be promptly taken mp and
carried. q, AIR living rates, and no. habi'ually
charged higher and moved nore tardily than
the products If other States. Let them give Us
two or three years of such management; and If,
on a fair and full exhibit. IL shall appear that
their stockholders are not reasonably and adc'
quately remuncra,ed for their outlay, they nay
come before the Legislature with sNh a case a
they have never yet presented, and win
strong probability Of obtaining relief