, 1870-02-18
lIpXfIARR AMP COMMERCIAL,
EQEETARy.


sore veest ago The STATE CoIve1::oa, atSi reg
fed oe1ar. Il a2n2.ect COCA faith, to teTise su:1e
Eears Of cctcl;cG Tee power OF -sa1ozd cot1'
rau!rs ever isc n3ancsl acll1 Of this eeciina CT
tie country. Oee Of soe points TO be accovr!iiaed
w1s - p:eyert TIE Consolidation and cou4eq 1ent
!LereastEE power Of lie rssln,ods. acG aco:het
was to I.eEee. the fpeeu.at.cc Directors a-G
Officers OF tie roads fcoL d1aln:rG tie tedst re-
ce,rta Of .he toats Of to New 1o,S. 10 oe usea IN
spec1lsticc and manipulating ;he stocks Of the
yu.Ls to the le:111eat &c. e1y Of the tto1khcde1s
IT The roals tn. 10 the ict7rJ cl Eecera trade,
BY ftepteg the money marie. IN state OF cnronic
supsency. Ttese xe1e sone Of The principal OBJ
t.ciL II VIEW, bur nsltnes OF then TSu.d be &C.
cc-p,.thed BY the coratls1t.orM provisions 70
ls7.:ed On tie S.h by tie Committee o. 11--e1 IS
The Iepor:e4l measures Of the eAnm'stee only
,rcnlh1t the conso.isRtioa OF r1Ta:kt roads 1t
lc;, tuweveY, The consolidation Ct parallel roads
,s., gives corporation tie sret.ea: poT1r. 1:ts
tie coasol:1taon CT continuous ICES fss0 Inc
Ata-stc scat0ard 10 The 1nucstona e1 the Pacific
YeAtt II tie Missouri that now the 'eadt11 idea
Of railway policy. 8. this gi'es 12E set Q:
| tiscI.a:hs Dace:ers tbs psxet 70 tsa.a
II. r1est moceJ l.to N4u strees, 10 TO used
| n YntFscu!2t!op. The raskets:oo Ct tuoa uastn
t1G1t ize gives rs proprtc:srs a. o2ce az ase-ad
! .1cy a1d coz::os orss all the nfnos roads essae
| II rcIc, whether 1AteT.A or crosi!.S rosdS a.
eI;er,erce vii lnc that Il u ID tecee cocseiti'
| ;iecs Of co.ttrsoua uEeB tbs: tue poser ci ra1
.oad corputa;.ons viii caa rs g.csseit cevcsep
Ieot. Ore of the Gx:s::nS tFEs Hhieh the tota
ts.::aGe E.ake sc0e 7.e:ttcc o: cotrrctEs Il 10
hhre1nal trsin o. rotet trou re s!s:e, wasci
Is GRATED b! TIE policy Of the Iauol.C New Eor
Duecrcls. II Eas sorEh, 70 pstvc7t tas ty III
| requirement that tie ra.iro&d cnEpsne
.neu;d keep tne:r prreiFal ess!ees
onces and thtr "tr1na:ey on7es
within the s:stc. Ut q kuoFn thr
IN sec<ra tes1s, It u 10 tae faculty OF n7ntpola
1cs tue ktccks lot which tic faculty OF tTauste:
, lts them froo on. plz:J 70 a1osoeri is neeessa'
par| tn2. TIE un.Asura. drs.c OF Eo7ey lao wa
es.eet Is due. The reported measures os tae IA
reaa Committee, bozere1. ou!y p!oride for 10
! OF stcondA1y bsstscas otace A2t secoodE
, rccc,d Of &sa oxpership cf the etneks il ii
sata These hAY measures, # Rtoated. wiz
ccg.,. .tss ro,c.cg Ct tce przEose tor zh:ea II
= AT cxsens!hJ lnte1ded, and xl1 a1ord 10 cue
( 70 :te increasing power Of tic encEolAsaoE c:
;, p-rst,out, Lcs to re uEoa:csas css!s Of nss
8 ifcm The Sts:c.
Tne Eerey market rerA.us verI quiet Acd I
:! d.E.snd fos money Il l:gn. The ealk4 hover
i are near1y ,oased up win grain a.d p'ask CO.:
= erals, acd acJ considerable decI-s IN prices
= i,cret1e II rece.p-a ci frolac:s Eoad
!, ,e1sc the condition Of things In tae cao7ey HUl
/. ve.5 qIlck'J. A. 1ong ~ neither o. these csaa
u a-ce,s 1t iae EoaeI market shoEs sput se1des
towaTd n eai!er condition ,...
E1ehsn7u remains steady =. tso2s 'o u se
31,osa discount for kAses between hAnfs- Al
-. counter bankers se Il At par, And buy ~ 1-lp
re count
- AL tse :axte1o Extkets can.i1-e p!e:aor!c =
nc EoaeJ. Tho reku.t has heen soDe ae.tVa spec
TX ton hrd a oontIaetaels Adtsoce dnr.nE tre
~ les caJs IN yhe II tack marAeL Government 20
e.t arc So:., roEsytT, have cot participated u
II. Ttt Neg Tcrk r13cts a;tttaCts The ua-stai
- ard WeaNeA IN pt,cea OF go.etnmen' toho
.ss TIE tpesa.,ora CT n e1tensva besr c!qae WHO
In cpc:At.cR O. The strength Of tae Eese-s yo:17l
tse currency Qaelton In Coexrtes " dep,e8a