, 1869-11-25
MONETARY and COMhERC1AL.
MONETARY.

Resides the areun ents Offer d 10 our article Of
yestcttlsy, tn connection ~ith tae removal Of The
lnns1er o11ccs, and loanxo!e !nuds OF llnJ!@ rail-
Way ctmpat lea, irom New furk city 10 tuis SAFE,
there u another one. on more general Rroands
and that appeals 10 the good Sense Of every c'tt-
zen OF every State, ~hetnes East Or West, and
toa: ", th-t the CONCENTRATION Of power IN The
hind. Of lew uusc.upasous inu!vla1.ls by tue
consolidation OF rsllw~y coupanIea, which is nor
the dominant lden IN railway tactics, u the most
dansetons element that now attcta the Interests
Of trade In this country. The annual revenue
Of the railroads Of the Cnued States
ts something over hundred millions per
Aunun. This vAAt amount equal To ouo-toarta OF
the total revenue OF the government. u 30 co.,
certrsted ny the methods lnnicAtea in tpe tora1er
artcl., thai about t~cnty Individuals, c4n, By the
use pl such portion Of "a they consFo Rosolusay,
aua anch a. they control By Influence, dIect |
nearly the whole OF tals arnusl huadred mitnous |
in,o any one particular chznnel OF tpecuisuon or
Investment These tweutJ or 80 ressous ARE AL |
Wau street .pe cu:ators, whose whole plan q bus
ness Is detrimental not only 10 tue business In e.
es,s Of tie Northwest, but 70 esery utner sec;loa
OF The couLtry a. well. IhA ~nole s5steu oi
Wall street gambling baa been built M, ahd Is yet
gus sta.re0, ty nenos OF the Trvebuea OF The ~ l.
roads n hlch Grain the Western stalea OF tIAny
nobeJ rs sast az It Is collected, hdrr5tng IT to
New YORK to ot usett IN the spteulatiuns OF the
Dirt ctote ind o1}cefs in Wall street few Gays
aao. neu., . VA" .o,... ~, ~ -,xsr ~ rr,,,,rr
"nAH "'S nrs ...,,,r
! anu IL "neu he eau. 1ne s''eAs y.
pm y sosae4 VI - '.t,t ". ~ ~ I.,.sr y.
/ oppofeo 70 tae coa4.a W ''.... ,a
| AR. heeeuti UshA, WIN t4e ". "ua. "a't Aou.
! Hr'e 'a9'hs1t apa 'oelneea .AoH Anse :. W .ss
toa aaets ~ stS Eds,aNa. ~ sue a.'un.a1e
! oi "eA"n !" Ne" ''A si'J' Aua aa4 .e Ne
'n'n'oual 1snpes y. .pe issr' -. ao : ~ "a.
cded INT recent opesaaors oi t'A aua o'u'u !"
: iLeI kelseneIIao' |ne'! ko1u u..'s ae's'
or Sctoefhsl's nan "ltaoot oae ua' vi e1sfae
lefso colnHena u'" ~ sne eolo Aao" w"
llts a'1t!s y '3'ao'' aoo VI sot'A. l"e VIZ
bulcHR h,meeil ho-umeu'a' fasne ="
true, a. mentioned D NJ beecaes IN tee ser" u
fefeIfeu, tnAt Tue 35ane lnhesesN VI tne e1eAe
SorthWeas ese noFlnR on o'aetent p4aue 'too
those OF sne EasL toe "css Is s3t'eu''otAt "a'e
the !ea3 ing 'h'tfes's oi tass a'e
ne " hes1 neeoa ue1e ea1te'; ~, s-pa, .aAa
tGe nethef roPa'a1,oss os LUG 1as1' Anu eteA Ct
eank IacslHles Auu '"e uue Is F.pe 'os '~A'he
tohe Az fs tnas shs8 aaolsa tat 1ac'H'oas -ao-
ftre'eis1 o. Tue Gones interests o. we Mese 20
those Of fes E7mhlera IN All kueeL 1ne eon'
s'ttnt!onal Convention OF Inc SLATE Of Nlao'-,
which vii neet ne1t moth, Will nave II IN l's
poHtr to nake the tras move III ms o'sectloo' bs
ptcylctpR sou G such Auetdsueut 10 tne eon@tlsu-
tot, - hah been aufEestrd NJ lHk -iBsfE, Waico
will seco1c lhe rrtnos al of The t1arsfef Of the
INl OILS railway cuult All les fron SeW lo'S eliy N
this state; and the keeH'pG Of tnttr average bal
ance OF eight CT ten nliliiJrs OF loanAole fnnds
here, ,nstt ad OF IN Wall street
The s,r!pgetcy In The local money uaIkei
Searrs n snrfrAfe. tsiOucn the cAusE4 that arr