The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-03-24

confidence In the road. Now the ane condition NJ
ihe line Is ihe theme OF universal comment, while
,nen .ne our SsIs spoken OF BY travellers as
economy, would say that there are three
great elements which enter into the operating
and steel, and labor. with regard 10 IN" The
first the cos In 1866 tor fuel per mile run on the Eris
Hallway was tnent, four cents, and at the present
time our fuel costs US only about thirteen cents per
mile run, very important saving when Il is con.
sidered that We run about EIGHT millions OF miles
stead OF wood. the Company owning mines
from which they can obtain their supply for
sp%ssSs SSns ysar' rro,, e come ;Sd' saving Al In
OF expenditure, we manufacture our iron and
steel rails at our own mills under the most rigid in
In this department especially the 6cst H. always the
cheapest. We have reduced the cost OF manufacture
since We took the road $40 PER ton on steel and So
wear twice the length OF time that those originally
used would last. There remains for special
TSrs SSl,Ge Largely se s is'o sSS5 s.,Sn aoA
that reliable statistics would not fail to interest YOU
OF the gross earnings OF the past three months TO.
sc,her With the amount paid for, labor during the
re.ponding months OF the preceding wear, as foi.
Lows; Gross earnings December, 1888, 81, ig9,.
ss s"aly is SSnu1Es s iSa ,,sss, gsS :
Gross earnings December, 1869 81 l7O,ssi January,
$50 a. 40, Tis; February $50, t1O61,sti. Total
rj,dfxVOD increase IN earnings. fI716 " Amount
OF pay rolls December, 1865, t63O53O ID; January,
1869, t514G23.12 February. 1862 s4s6 noq TO- Total
20 Amount OF pay rolls Decem Der, 1859,
$50, ttJs6s2 e5 Total tisai 75G o. Decrease IN
sost of laoor, t9Og, ,t6661 Gentlemen, have now
aid before ycu the facts and statements which fully
ehoo,e e,Ss" the slA,h, foundations on which his
charges are based. Permit me TO thank
which you have INDUCED me, and allow me to ask
your indulgenee tor lew moments while oner
LEGISLATURE dealing with the great avenue OF trans
connected. The completion Of tho Erie Canal mark.
el an era in the prosperity not only OF the city OF
Sno, Ne. York , but Of the whole State, The pro.
channel OF communication with the sea coast
aud the position OF New York as a great
commercial and financial centre was from that date
secure. AZ time passed on, however. the canal was
found to be inadequate to transport the immense
and increasing productions OF the new States OF the
now covers the face Of the country and now
came the struggle tor the carrying trade and rival
OF this lucrative traffic.
MIR. Geo. Crouch, an Anglo. American s,ockholder.
next addressed ihe Committee on behalf OF the
scnemc OF Mes-rs. Raphael & Co.
Mr.. Ramsey took the njor and bitterly denounced
Mcssr-. Fish ana Gould, closing as follows:
- certainly have come personal feeling upon this
ter mere 40 d,sro Que tn NJ, and that Ii rid my.
had IN placing thc.e men In power and viii do any.
thng that N honofahly AMI lawfully do 10 have the
the pgplic OF men who have. Rs believe only dis.
graced the state but the nation"
This philippe. which had evidently been for several
months In tfenaratiOn WIS delivered iptoe with
the orators hair Standing erect. The gcs tures were
very violent, and even Mr.. Burt, VINO had been ex
eh1nrins loving Elances wi'h him: seemed abashcd
and mortified at this ebullison OF kamseys overflow
OF wrath.