The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1871-06-29
For additional Special Notices see Inside Faqes.
sIqs THE PROPOSED LEASE TO THE PENNsYl

nSYFs THE PROPOSED LEASE TO THE PBNNSYIr
vANIA X. r. Co.oF WORKS or THE PHuApA
AND TRENTON RAILROAD COMPANY AND OF THE UNITED
CANAL AND RAILROAD COMPANIES OF NEW JERSEY
The following the views, in the form of written
peasrel which Vincent L. Bradford, president OF the
m 70 the R1FoaS M S banded 4
roads to whom the Councils of Philadelphia referred
in the proceedings Of said committee 7th Instant
Ihde G ana 0y virtue 9f fhe charter OF the
the eastern crmin Of the railroads the Pennsy
Of Phadephia and her citizens by very large and liberal
81 he aroad and woTk Of the Pennsya
MIA Railroad Company, for the sole pu pose of making
MARY aid thus afforded the fostering egisSon At ali
pany by the city Philadelphia and the State Of Pc nn-
sylv9nia for the same pnrpose have been
and Of Phladelphia the metropolis Of he State.
terminus governs the business and operations Of rail-
road The Pe9nsylpgSHaa Railroad nay therefore be
faith Of that company is pledged morally and lessy to
sppsTny endePVored To- Justify snch MAJ
among other things toward the establishment of Euro
hg and and ad y9s
%nS e.pssEs s E anS
eecting for New York the Pennsylvania Railroad Com
1t Is just as practicable to make Philadelphia com
ma9dng n mart art and seSaPOT az i is to attract
New York by of diversion thereto of Phila del
generation when hiiadepha surpassed in foTosn and
@ THGe and @ @ all the other other cities OF hs
phil9dephia ha lost none Of her natural geographical
and increased all Of them Why should she not be the
pOrtapt manufacturing the most sSlpbr6ns and the most
beautiful city of the American continentg 10 effect such
the great Pennsyvana Railroad COMPANY Which, oTeS
miles Of raw ay permeaes the United States and almost
dominates the railway system of the Union. go $50
t objective seabOard point t Jersey City and New York
lhadelphia can fully employ its best energies satisfy
largest and afford adequate outlet to
al rad d % If s MhF hR GSf airy gH
be estranged and aenated from Phadelphia its
m e a Ss yss an aSd
road Companies Of NeT Jersey ar and Of the 3
Of New York the Eastern terminus) to the Pennsy-
be Sse SS
about forty millions Of dollars are about to be acquired
Such lease T b be PRACTICALLY Pchase s made on
70 wit ten per cent per annum free OF all taxes on more
thne ea an &, a six
Of es IF 2 Se n s o the
debt Of the aforementioned companies qessorsl until
RsilTe Company when il fall due, twenty
the sS nd
ylyania Railroad C9mpany t9gethsT % with & ifs through
evens the force of circumstances compel the Pennsy-
every agency solicitation and every iron
tocompete with its gigantic Erie Railroad Com
the trade tra and travel to and from the port OF New
Must not Philadelphia, by the derasve force of such
earnest aud mighty competition for the business
which will How through (what then be termed the
gate of of the United States m the port of New
York. become reduced to the place and condition of "a
station exposed to injurious determination in the
determined struggle for through business to and from
| New York? The fatering picture of that which the
Pennsylvania Railroad Company should accomplish for
Philadelphia in the future will then be reversed and in
stead will be depicted the dire disasters and the with
phia capital New York will effect respect to all the
material and Social interests of Philadelphia.
| in such an event the Pennsylvania Railroad Com
pany may ITO keep the word of promise to th
ear it will break it to the hope of this fair city
Who wishes to look such berayaP Is il just thai
New York shall be built at the expense OF Philadelphia
by and through disregard of plighted fahl 1t Is OBJ
viourly thing by connection with the rair Dads OF
districts and independent companies to furnish
nient transit travel and trade seeking New York by
way of the Pennsylvania Railroad and Philadelphia "a
the Pennsylvania Railroad Company now does, by mean
of the "Connecting Railroad and the other railway
which il strives practically ownl and very dill
cren thing to consolidate (as will be done by the pro
posed lease) with its business and railroads, tn
business and property of the canal and railroad companie
forming continuous line between Philadelphia and New
York cost and under conditions which compel IN
employment and concentration of all its means, effort
and energies in an assduous cultivation Of throug
business and from New York its objective seapo
and terminus the Pennsylvania Railroad Com
pany. . .
There Gamble no reason assigned for the centrazatio
and consolidation. which seems to be the settled policy
the PennylN ania Railroad Company, and OF other con
peng ana oyeTshadowing railroad corporations say
that
rla od druIa