Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1867-10-03

road from here to Memphis ? They will
not have the power to adjust the freight
tariff between Louisville and Memphis
The river will do that, and the road will
be compelled TO carry freights to aud fro
at the prices charged by boats. IL
Memphis wants to prevent the Louis
willie and Nashville railroad from dis
eliminating against her, the most effect.
i've way is 10 give the company full con-
troll Of the whole line. Owning and
controlling the greater part Of the line
from here TO Memphis, it has already
the power TO discriminate against Mem.
phis, and, il the route is to be cut into
two local roads, our company will have
no interest in adjusting its tariff so as to
compete with the river on through
freights.
II consolidation should result in caus-
ing some few articles to come TO Louis
vile which formerly went to Memphis,
this will be compensated by contrary
effect exerted in other articles. 1t is an
actual fact that grain and -four, which
used to come to this city, are now going
from stations on our end of the road to
Memphis. OF course shippers will choose
for themselves which place they will
consigu to. This fact can only be pre-.
vented by cutting the road in two and
building wall between them. A slight
investigation will satisfy any practical
man that our end Of the road would be
more liable 10 be used to discriminate
against Memphis, while under separate
management than while it serves only |
as part of continuous line under one |
The day oflocal roads is past aud gone.
Tie interest of Louisville, and of the
Louisville and Nashville Company, are
in this case identical with the interest of
Memphis. A great through route between
the cities, with plenty of cars and safe,
smooth track, carrying passengers
through in fourteen hours, instead of
twenty four, and competing successfully
with river freight-this is what we all
want, and what Memphis as we'll as Louis.
Vile is deeply interested in having It's
happens that the Louisville and Nashville
Company can supply the desideratum.
Il has the means to repair aud run
his road in firstc class style. If Memphis
IS unwilling to trust the company's
it stands ready to sur
lender the lease whenever another COM
Dany can be found with the means to
make the road what it will have to
become before it will be worth anything
o Memphis or Che stockholders either.
L will cost them an immediate outlay of
100000 for repairs, and, with all the
york they are now carrying on, they
would be- thankful if Memphis should {
elive them of this additional load.
They have legal possession of the whole !
Dad, however, and they are determined
hat it shall become a useful institution
instead of nuisance. While they do !
lot desire to gobble the road, they will q
INFORM discontinued parties that the I
ease will not be surrendered until such
are made as will insure its
uture efficiency in meeting the wants of |
ravel and commerce. i
We believe the stockholders and the
usiness men of Memphis are aware Of
hese facts, and will act upon them with
'isdom and sagacity-utterly disregard 4
ng the disappointed howls of the few
Interested parties who expected to line
heir pockets by running the road as the
gents of the State.