The Placer herald., 1870-04-02

RuMoREp CoMBINArIoN -Rnmors by tel
egraph and letter writer's have been reach
ing this coast for the past three or four
weeks that the Steamship line from New
York to San Francisco via Panama was
about 10 be Withdrawn. We are disposed
TO treat these rumors as being founded on
fact. The Pacific Mail Steamship Company
has become vastly wealthy out of the freight
and passenger traffic of the Pacific coast
and the vast amounts paid by the Govern
mept for mail service, amounting for mail
service alone to uearly twenty mlIion dol
lars since the establishment of the line The
only question to be determined as to wheth'
er this line of Steamers will be drawn off or
not, is, can the railroad lines and Steamship
Company make most money by consolida-
ting and monopolzing the through freight
and passenger traffic at their own prices, or
continue the two lines. The interests or
necessities of the public are never taken
into consideration when they weigh against
dollars and cents, by such monopolies as
these. We credit the report because we lie.
lieve more money can be squeezed out of
the public by a withdrawal Of the Steam
line and the employment of their Steamers
on other Atlantic and Pacii; routes and
thus throwing the whole traffic into the
hands of the railroads at their own price;
the roads compensat,ng the Steamship Com
pany or giving them share Of the profits.
This is the light in which we view these rn.
mors and we have but little doubt but
combination between the Railroad compa-
MES and the Steamship company will take
place and the Steamer line be withdrawn
Then what will fo,lowl Simply that fast
freight and passengers must pay jnst what
the railroads please to charge, or 90 around
cape horn or the plains across in wagons.
THAT BEATS Us After toe terrible lesaon
the TAXPAYERS Of Placer have had in their
experience with railroad corporation, Sen
ator Tweed, whose prolessed and proclaimed
correctness in such matters, voted, on the
Governors veto Of Railroad schemes, to
swamp other counties as Placer is now
crushed. The Sacramento Union says Of
his action lihe italics are ou''s.)
"Senator Tweed who during last session was
n leading opponent of the railway and in that
exactly representing the wishes Of his Placer
county constituency, and who this session has
maintained a sh05c of opposition in bringing
forward bill for the reduction OF the rates
char ged for transportation. but which he allowed
to slumber through nearly the entire session,
asonshed his friends and the friends Of the vc
to by casting his vote in favor Of the railway
sohemcrs, just when that vote was in the way to
be OF most benefit to the corporation. and to do a
fatal injury to the taxpayers of San Luis Obispo
ard Monterey counties Such a rote at such a time
is incon sistent with any theory that would accord
to the Senator either good judgment or that firm
ness Of purpose which his constituents had
right to look Tor His vote yesterday was con-
sstent with his timid course in regard to his bill
for reduction OF the rates of railway transpor-
tation--a measure that ought to have been among
the very first (as it was OF the first Importance,
especially TO his consituents) TO claim leGisla
tive attention; but which he permitted to lag be-
hind until nearly the close oil the session. when
the subject had been completely ianked and an
ticipated by other bills which were intended to
leave the old law unchanged.