New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-04-11
rHE CASE or TIE cIrT RAILROADS.
se,p- Orleans, April 5. 1853.

IL ~ Edii0r Of The Triban.
SIR: Your article in Wednesdays paper
headed "IIighway Robbery" and the article in this
mornings paper are so at variance with facts, and
unjust iu their denuncatons OF City Railroad managers
thai am prompted to make the following statement
have been connected with the Sxthaye Railroad Com
pauy the past three yearsthe last two as President
During this time. have carefully and thoroughly exam
med every department OF Its business and made myself
fully acquainted with the cost transportation Of passen
gers The sxthave regarded Of the best of the
city railroads Its capital the smallest 075OOOO and
the shOrtest thatit be operated upon rs
small outlay for expenses as any road In the city In
for the that the expenses were greater than the
receipts aud continued TO pass dividends until May
In the year 1854 the running expenses or the road
actually exceeded the receipts to the amount OF N Gl ~
1854 the fare was raised 10 CENTS ana the Company was
enabled to make dividend OF per cent on May lo6
The FIRST since Nov / 1868 The actual cost OF carrying
zach passenger from FEB. ], 1866. TO rep l.
1851. was 1900 cents, and from Feb l,
About S tho year 1858 when god was at pa committee
appointed BY the Legislature to examine the affairs
SeT s and the then PreSS Of this road and the
presidents Of several other roads made oath before the
In order TO show the difference in the
price Of articles entering INTO the cost Of operating city
railroads before the war and at the present time, a
COMPARISON OF PRICES.
Hay, cost 50e per 100 ...............97c. per 100
Corn cost CSC Fer bush Is per bush
Oats, cost $50. FER bush 500. per BUSH
Iron Rails, cost SIS .sSj tun
Car Wheels, cost % each. sll each
HG1s cost F az, S Ssr o Il G Sr y S ssvh
Paint, cost Zoe per Ell % DE per ~
Glass cost 81 so per box.-...:.....$l1 IS per box.
divers aud Conductors ST 80 per day s. IS day
when the charters OF most Of the city railroads
obtained gold was at par, aud contemplated such
condition Of the currency now exists All parties
who sell commodities services add taxes and de-
probation of the currency to whatever they SELL City rail-
roads being restricted xed rate OF fare cannot do
Merchants charge double for their goods professional
men charge double for their services omnibus lines
charge ten cents against six cents ia 1860; hacknen
charge double, and newspaper PrOpeG0rs charge JO1g
cents eg for daay papers that they sold for two cents
before the War Ia the catalogue OF expenses there
items left that still exceedingly cheap-the Croton
water aud ride in city railroad car from four
20 six miles for ak cents out OF fourteen
railroads now IN operation ia this city, am
confident that not more than hall the number pay
expenses at six fare and il the fare was FIVE cents
ana quite as confident that not one OF them could pay
dividends The number OF passenger fares received by
the SiKthave Railroad Company from Feb 1867 10 Feb
L. 1885, 9. 49, Had the fare been five cents instead
the number Of passengers to be the same and yet you
assert there are thousands OF mn who would gladly
cars for four even for three cents From my knowl
edge Of the business prepared to show 10 the sats
faction OF any intelligent man that ro0d Of The length
Of TITS "a m.tes cos err ran at less e]pense 70
ssngsr carried the, gold was at par, and will add
there viii be- unless by steam power The mys-
terry il that can carried for six cents at The
present expenses without loss and IL Is only explained
by the fact that large number ride short distances.
am frequently asked this question: eff the business IS not
exceedingly profitable why does your stock sell for 125 70
1907" L answer The Company purchased, some eight
trail Park for the purpose Of building depot These lots
have greatly increased In value and have thereby added
largely 10 the value of the stock Therefore the STOCK
sells for PREMIUM not on account OF the pfotS OF the
road but the increased value Of its real estate Some
other the city railroads have also been benefited In this
way
The law authorizing City Railroads TO charge cent
additional lieu OF the tax mas neither been altered
repealed did the authority cease on the LIST OF
April
this Company 70 such facts here stated as are within his
knowIedse He has been in the employ of the Company
tor Tie past ten years. and "a thoroughly familiar with all
the details OF It's affairs. add my own oath to soh facts
known 10 and leave and the public 70 de-
T. r. BUTLER,
April TO- 1868 President OF the sixthaye. X. r. Co.
Stat o. Ner York Guy and County Of Neic York AIenI
Moore sworn and that be the Secretary and
fsssr q Railroad COmpany that has been 10 the
~ ayiso from Nov 1885, 70 MAY 1885, that s
.xpss receipts that 1864 the Company aetn
az lost sal n 10 addition to large depreciation 10 the
value rolling each pasBget
nineteen hnpdtbs and from Feb l. 1851 20 Feb 1858 cents
sad - l0e e and 6esnne huhdh and that all these
hss are as q bis Osh positive hnosledge hshRr MOORE
Wa ALLkN Notary Public
stI'. Ne YORK; cig and County Of No YORK at Butler
axe hsa Pauy and has been Tor The that the
acs-si cost 81 each Passenger o P 1866 10 FEB J. 1857
ss9sesy 30 e sss and hneisea onehundedthsl and
hndrtahs ard th these Of lis
i've Hleigc. y H. BurLRk Prest. %.
sSors before ihis lOta duY April sss " ~ "
w. ~. NJ