, 1869-02-01
The Policy, Low Speed and
Cheap Transit.
Talk with Ore OF the Cap
ttaltsfs.


tween IucaW Qlu5 u ual C!EA1oI " " ~A |
set, silver. bearded, British.bui1t gentleman !
whose card, as I afterward received It,
reads Mr.. John Evetitt, OF London. ~ {
Wall street, N. Y. !
Perceiyipr his want of familiarity with the
route, and having often experienced myself ,
the need ef a talkatiye railway acquaintance !
In foreign land, explained the landmarks
We passed, and revived the early days OF 7all, I
roading between Washington and New York.
By Ills parallel accounts of rsilroadlug In
Great Britain, ! saw that this and kindred
subjects were made luminous By his expert.
ence, and very soon the impersonality ofour
conversation wns put by: found that my
casual friend # as IN agent and principal Of
foreipn capital, seeking Investments here.
The conversation soon turned upon
SIR MORTON PEro AND THE ATLANTIC
G. y. B. 4.
us Sir Morton in a fair way Of getting on |
bis feet again: 81
Eyes he has pissed the Court Of Bank.
ruptcy the past is wiped out ; he Is splen-
did man with genius and courage and Will,
undoubtedly, rerive. Ha was oycrtaken by
the panic Of 1866, and he had perhaps been
too extensive in his enterprises. But his integ-
ritz Is beyond reproach. He AID Others were
made the victims Of the insuthciency OF the
Bank of England to do the exchanges OF
England. The surplus issue or paper IN soln-
when, by the efforts OF Sit Robert Peel, the
tnnk was, by charter, to have only some
14,0Oo, ,00O Of paper In excess Of the bullion |
in its Golfers. By this incompatibility
Scrip circulated upon the elastic credit. when |
Que great individual failure occurred, credit, |
rcboundiur, overt urped man alter man, and |
striking the bank iteelf showed its lnsuW-
cheney to help rs :the bank fell back upon
The Atlantic & Great Western Rail
road, peto's founding, seems to meet VIII ,,
the ill.fato Of b1oad:gause roads In general
| 'tYes; tbat road IS Mr. Mc11cnry's Scion,
chiefly. His original theory Of It was great
Road, to tap st. Louis and Chicago, and find
! outlrt ut Boston. The junction at Salamau.
ca wns an af,erthought Of necessity. But,
as you remark, broad gauge roads have had
Tue same fate, the world round, and tue orig
inal quarrel between steph cnsou aud Dru.
nell, at The building OF the British Great
Western Railway, ought to have been con-
elusive. Brunell WIS tho Wild protector Of
brond.gauEc roads."
thips, ride the huge inilurc Of the Great
Precisely so, Brunell contendcd that the
broad gauge was the permanent, the spa.
ctops, the elegant, and The ultimately S9sap
l
mon, what dc sc sptak Of Can Sc build the
six feet tunnel cheaper than the tour fect
The six feet nxlc, the six feet driver, tue s!x
fcrt roadway We want the roa:s for speedy
stick TO tue cheap gaugci' But Druncl1
, pcrseycred and the Great Western. In Eng.
land, Is approximately the fnlluEe Of ths
:. Great Western In America Dunkirk, a
6e0E i Is npDx npEsssay a csvssps Is
. like terminus OF the Eric Railway"
. CHEAP TRANSIT At Low RATE OF Sized
= "Thcrc il question said my companiou
after pause, ~ which am ENGAGED n lm
:, pressing upop tue people here-tgs people o
= travelling and making Investments. u Is
y question vital to thc American people IN
their rallway systematic subject Of utilizln
your railways 10 the fullest extent, BY rur
ot | ing GLOW and frequent trains OF freight Q
d, greatly reduced rates Of shipment. 70
n Know, suppose, TINT very many OF you
railways arc in use not more than four hou!
ut out OF the twcnty-four. You know that,
e. geometrical progression, almost, the cost Q
=, ruilway carriage increases With the rate
-. speed. It COSTS hall us much to run tral
1e' nj ten miles an hour as at twenty. 1ncrca:
~, the rate to thirty and It costs double the Ia
.A ifr at twenty. The fuel, the wear and tea
y. accident, cost Of rolling stock: make the di
he iefenees. An engine, to run forty miles o
IN hour, as some oi ours do, costs an eAtraY'
CANT sum of money. 1t must weigh sixi
al. tonsto insure satety. This sixty to'
ON pulyerizcs the rails. The speed 6hak
the the extravaGant engine speedily to piece
u We have lound, IN England, that no rail~a
train pays anywhere in the kingdom which G
st. ceeds thirty miles an hour. The Royal aoi
,ses head mail, which makes mile minute, c
1es elusive OF stoppages, has 10 oe saaslatz =.
= N ships. Behold, only yesterday the Fren
I" steamer Periere. built TO outstrip the Scot
r,. puts back to uayre with her engine roc
~ ~. iull of dead men. High rate OF speed II
isss as was the matter. That destroyed your z
iess and the extraordinary competition In FL
land between railways, We should mol nav
train to make above thirty miles an no
Our island Is hardly longer than the State
New York, but in this country, where )
ity, and cotton districts and the sea, the subj
Of a OF low speed Tor the cake OF cheap fseig
is OF vital importance. Let the Illustrate
= by personal experience. .-...
"'.' TIE WAY THE ENGLISH GOT CoSsoL1D41
uch LINE FROM NORFOLK TO MEMPHIS.
0 as II have recently made o gratifying t
one through the South, investing some mon
.ox aud proposing to invest more, In the MOI
sst' g. Ohio, ard theSelma i Dalton Railros
= =. IN 1 was almost thrilled, L an Engl1shman
here IF A abama and Mississippi; noble pFaa
y ~ capable Of raising grim, tobacco or
!. -. ton equally we'll, and as rode In spc
that icatinr nsonle of Inc country, wearing I
Rail- incousolahle look Of despair which has /
lake Impressed upon them by defeat, the 10:
tion. their slaEes. anu eonseIncus pV'Tfes::a !,
civ. will make me- sour as yourselves If you ds
lie thus persistcntly upon your calamltles'
1dcrs people nave 70 nus'ness 10 eoacs1n iusto
}, We sslIcs u poiIlcs W tue cheu 49,. ~, =
want t1clf pflsAte concerns ! Aase 9es1 ~
in. sttove to release trade from Imposition,
wned the work was earnest md enthusiastic
think me, bnt ~on1o nave neen too! 70 nave
vould gnlteo IN u az ~ pr'sate lostone. es
train tim of n set Of politicians, such as q
Il mi sou nov to make politics your entire sui
1naer Of graef aud agitation. Go to work
urht. your affairs right and happier politics
Pr. come. See what you arc doing: payil
.oner. Illinois dollar md quarter bushc
arc grain and growing none yourselves. tho
Let withland fnll5 as excellent! L you ca
they cultivate all your es:ate, cultivate
certainly enough TO raise food to eat
posed every cent beside you and put it into
il ways. Establish tor yourselves col
some dated line ftom tho Mississippi to
, last Atlantic. 80 that you can SEND cotton
Fith q Liverpool. The true theory Of wise
calu, nerce IS to buy In the cheapest uarke
Is the sell in the dearest. Raise corn at hom
x-pay- stead Of buying 1t where It Is dear.
your pfo0ucte. hLt py 1TpctoeIaAlun "
North York, rs you used to do, dealing like
nd We rurt with . pawnbrpkes, but sell ths
layc In Liverpool: 49,
beach no" :: tue5 sal0 FAcantl5. ~
mght will lend us money. The low-tarid +
i the lrciEhts between us and Norfolk CANE
esired. attained. The Baltimore i Ohio Ra
shore controls smnn piece OF the llne betws
wiling and Norfolk. and keeps up tie rates an
re. II vents Sonsohdaton. n.,er
,perty. ~ You nslp !. hec.s !, !, aeip
"Raise money, Sell everything you
n cou. to spare, from saucepan up. There Is
m ne ond a1bor, an told, at Norfolk. The Bali
hnre s. OHIO Railroads steamships to Lty
svetrm stop there fer freights. Accomplish th
bean. solilation and secure the low tariff b
and, mark my words, the baltimore q
to ad- Road will take % it. Sor1olk steam.ai
i bills "They promised 70 40 saeis pessa 1uo
may be me 10 80 70 Nc~ Otleaas ena -nooae
dressed large meetings N both cltias.
r. cast OF their grave looks and became
enuc. ful. Then hsstened to General MAho
Norfolk, who Is ut this moment. With
p.ox!matIou, the biggcst, ,rpundest and
,t;ce m est man In the Southern states. Fcrt
1.-THE ne Is 4tis, ouut a-!t.ia,1 t,',or hs %
1clusion rrhel General
rThey tell me-" said, F." that he
hose nu- half kudical.h
8 ludlAu |" believe nv Soul.H he s2lu, "tnR
70 sae- more than three quarters Radical !
monryi; 10 General Malone condded my {
ttssty. Hc threw himself In my arms:
.nsss, Il. ".God bless you T. he said you
,urced It man have been Looking iof".
tory OF l tound thnt the obstinate piece
b ia the yas that short connection between
tna, etea IT, vi1c, In East Tennessee, and Bristol,
~ ~ ~ 9 Virginia line.