, 1870-08-27

oHhneaceu pS Ns ett., osA.AA6
nut v stfalgot IRON Tue snoaioe1 Ut wells
enburg with toetf lett, aud counter
nG hea'ny WIN 'ne'f 1'sn' d fo'paeu !
lie Result OF LUIS ufst 'ou7o uee'oeo :.
lie very important 4ueseaou Oh WHICH sH1o =,
u tile hhtne the war was 10 oe conus1c'eo,
and to tho ''gfanat hats"h Was aa1ottea
tt.e doubtful hoaor OF FURNISHING Tue oat-
tle-telds, the country to l'e scoHrBed anu
rnvaged, aud the towns and cities TO be
sacked or homhar1ed.
RAILWAY. CONSULTATIONS.
The great evil Of railway management |
IN the United States md in England is the
repeated consolidation OF Companies. We
have striking instance Of tlis in the con-
soli.iation Of the various roads now known !
as the Chicago l. Northwestern, which has |
now mileage Of LIST miles, aud the end
has not yet been reached. The Peuusy1-
sn.,ia luilroad Company operates over
1,5uo miles; the Reading, sns the Erie,
ia; and the New York Central, ti.'2 miles.
and now We arc threatened with the con-
solitlation Of all the railroads in Calitor-
niu, and learn that the Pennsylvania load
Is about to gol,bla up Ill the roads of New
JERSEY.
This consolidation OF railways is evi-
IDENTIFY oppos.,a to public policy. It's eff
tect ia ia increase the cost Of TRANSPORTS
t;on bv DESTROYING competitiou. Il is |
apninst nul,1ic interest and policy, also, by |
| the licensa II afforas for the issue IF fcti-
tious stock. which il, uf itself, fraud |
| nnan the nn,,,ic We know that there is
on ,,;r1,n rim, II "a onf,, tl,e consolidation
| ~ -s-,,,aJ and c,,,,atinc 1jnes that il in
;n,;ons hnt ali railways arc competing
i;ra. Fx.an, for ,,ure,v ,o,a3 traiic, ali
n,ilwars must have connections for through
..,,.,,,-+s,;,, rha N,w York railvur
10, r. , ,nnso,;aata., line IN Ch;cnco or
~. v;.x,,,; ,>;,,r =, com,'at;tor
.1;,ac,,r ,;,n ara,y railway rnn,inr tn or
f,,xr o,,1,nr n,,nt 7, 10 n m,nonofv If the
naa.;,,,. .+;r,ar fro,,, ,ha y;ss,v,,
D. ~. .,,;. 1;nu a,,,e. sh;n l,v u +bs
ST.. 1s' .s,.,,.,t ,,;., =, r,;.,
: 49, ..o;, ,,;,,,s.,1f ~ - .,,,;.. ,,f
: o. 49,, r., - ,.s,-,vs c,u,na,;-
lion hetueen the va1;,us tou,es fn,u, the
,I;a..,,r; p;,-or ,,,1 c,,,,,,,1s .,c,, 80 ,ha,n
.aa.,,,;,... ~ NV a-,1nsi.a,,, in c,,,-
,.s,;,,. ,.;,h s,n,o ,,har r,u,a n ,ba Fast
!, transfers the wh,i., trat1c of the country
: @.rs .,.>,,at;,n, a.ch ,nanooad 1,r
, ;n:a;,,;,,a.,. ,n,,e c,n.,,,,, ,.;na
.ta ,o,5. ~ .,,,.,,, .,,.n,..- - ,nan
.ba xbo1e domestic romnereo of thc
, 1-r;,,3 s+a+es vh. ef5a.t ,,f co,so,,d,,;,,
IL .,,,vn il, .h,. am,m,.t of wa,era,l railr,ail
y s,ark nou- at1on,. On sorne of these roafls
J the s,ock has been increased IN, no. cent
. v.;tb,nt tL. addition of ono dollar to the
actual capitl. R,pairs, and various othe,
- chaypeE, properly belonging Il, the c1111eu,
e1,euses pf the rua.l, uts entered rs &c
~ uncr aa,1i.ional nroner,v. for which stocl
N ;x ;ssnea When thc New York centtu
,..o,:d.,;,n .ool ,,,,.o .,,o ,a,r con,,.r,
10 :.es -, M, Nv, 81 w., ..o,,, a,,i a:
to ...,...s.a !, 49,. ,.~.a ~ 49, t.,,,x :,
Of ,,:.:e.o, 49,. .-.s -s,,-,o,.a, H.. ~;
Il - 80 =, .,,,,-a ~, ,,,a aor, ,o,,
s. -., 80. ,:..,:.. 81, nnn nao
'ta fADS a.,. - - ~.,,..'.',r,.,a. ~,
or - ~ 49, a,..sh .s....,a,.1 nott;r.
ot ~ 49, -
1t ssh. ,uva nr.,,3, ;,r f,..'
3D. s.;,>. =, 49,. .ar,,.f ,,;v;,, .ras ~, ~;
to - .r,,'| - .'s.t =
as .,' -, 49,. n,;,u., ,... ,.ss ~.
Isl ,,,, ,,,., ~. ,:..I 80 -
ua 80, ~ n,,n ~. ',.ao,;ss,;.. -, ~,
cs- ~, III, ~. t,,-,,n, + T.a.,,,,. ,-.e r, Il
Il" ,,,a <,,.ax;,,n ,f ,;.,ri.,,,,;n. s5 nm, u,p +,
NJ .tock In tl,a shareholders Of tns forme
~ and 81. .5u. 900 u the latter. Not q do
III, ,sr.s xn1th <f pronc,tv was Represented b