New-York tribune., 1871-04-10
rp ANS IN RAILROAD MANAGEMENT AND
7'IJEIR REMEDIES
,,,,r,-s uArcn,s CIRCULAR, NO. 8.

4
,v but as now conducted they rarely fulfill their be-
eaccnt purpose Labor and skill have removed the Oh
saccS in the way Of cheap ana easy ts anu Srcbant
farmer cots profit on his products nor the meiVn"
ar mopuiacturor ON his wares. ., 90
In Circulars Nos. l, p g. and have enceavoreo 10
NET TIiS 6e seen y the following table condensed from
those Circulars that, of the four trunk I'iAo''' N'
Tss YcvYo Csnrs and Hudson has increased its stock s7s 700
rte S'iSi Els ore and Ya Southern Increased its stock ., o o
rS csS5 and Yoiwc,iei increased its stock by
A,5 & Hsss.l: Ic mad: By ricis on 5
4,d AZ, ST ET'i On lio5 s increased il, stock by vacns le57
v,.,.................................. $ SI55I95g9
Here is orc it'dred and HirtgJire millions one hand
rcd and H0uSdnd dollars ia oIceSs Of The actual
cost OF these roads-enough, expended without waste 10
build and equip lrst-cass, d0uD.e-tiack TOaI-steei
rails and iron hridges-irom NeW-NorR 10 Onl'ha' ana
The lines have mentioned in this series Of Circulars
pass through the wealthiest and most prooucNe req
lions of this country from the so99oaTd TO Omaha % ao
own and control them Nor does the evil stop here. II
Commodore Vanderbilt and his imators can doaole t9
capital of ther respective roads, they can Atose az "
oadTupe ii: in fact, there is limt which tAe{ may
not pass. Governor Palmer of Illinois may Wei s a,h,
properly be sezcd the plea of public gooo au 1eS %
when the benefits promised are about TO nposed TO-
shall the purposes for which these ROADS arc suPVI
le built aud run be totally gnoredi are f ne to neoc
@ 70 be e % ineTs and the commerce and wealth OF
the whole country largely and laluy h1s ~ Fer
consrcti0n ana operation TO be spprolilae9 pS y Ie%
rich shrewd and unprinciped men, ann ana ufSo % dsr Of
means OF cnrchng themselves @ Slall 1g Ne te1o to
he Wand rhilts 10 worth Sl090coO0 ehaDo men ~ 70
yiSe rou0sNod over the interests OF the community az
20 & ~ % ~ iose heretofore quiet submission, under the
inAiction of a great wrong, they owe lheH MEo''on
ME time has come when these questions must be an
svCrcd Low rates of transportation are now neeeSstW
e ThSat is grown within 500 miles OF tide-wster Inc
great fields Tor this staple are constantly moving VISA &MSs
ind will soon be 500 miles inland Corn rs not laseu
forexport within ]. 200 miles of New-YorR -
The great arteries of commerce can 10 longer DC PER
10
is law whose charges have no reference 10 cost WOe
selves nm income on property which has cost them moth
ing will the money hlched from those who labor hon-
How cen tho great necessaries Of life be Transported
from the seats oi production to the narAet,' @ ao % 6
leave fair margin fOr profit to the produGer me & SOY M
ing OF this problem means for the East cheap oU & M
whole country the turning to their proper account VI us
sdered The prices of breadstuts in NewYork are reg
lated bv those in London. The competitors Of the Iowa
eary ana Russia The railroads of the two countries
named haI within few years opened up ImlnenSS INN
much more favoraby situated in reference TO the foreign
We have nearly lost the monopoly possessed in or
railways the construction OF which We were Tar IN ad
rtsoined by reduction of The cost OF transportation
point which will enable as formerly 10 underSeu our
rivals and still have fair margin Ielt Us IOf pIOn
This matter OF freight charges would regulate Itself Isei
but for the "Nanderbit system reieIItu u. dneIo ,
be no reform while men OF sueI uliliyu faPdSIt2'
mon so lost to what is regarded fair and honest deal
rads tc @ fair return OF their outlay lut b'y them
use means of oppression and eXtoiuon conlIOI our
ctrtiH lis fdaily aud fec chosen friends 10 lare
Jour millions annually 9at q NE pe2ge OF q e. uS tse Ss;
10 that erect tat DE burden mag BE- borne o4ueiy ad
10 suGer eresrelg from hjS unjust eTacti0a. The iu
pr0yements made in the means of locOmotOn are daily
and hourly essenng the running expenses of our rail-
roads but This saving represented by issue Of bogus
stock, not reduction in the cost OF tr!nsportaiion
The tuunage moved last year eQuaied 100000 tms.
In 1851 IL du not exceed 100000 tuns Ihs vast increase
il the creation Of our railways within the past twenty
years The quantity moved shows the primary i'm
yOrtauce of this subject II a saving could DO enectod
he grain to the Whole country would s75COcOOO
ally. There raised in the United States the past
saved on this quantity would equal SlOgV0Oi zen cents
Hsbe could Se adad to the Profits the production
this staple would double in quantity IN q few yearso -
'Gii, tie business and wealth Of the country;
much must the rate be reduced TO glve th prQnt
from NewYOrkl Only about three mills PerIa per nae
or onetenth OF mill per bushe per mile The railroads
named could not only reduce then rates on corn three
mills per tun per mle but three times three, and stil
lie road Ii is not necessary TO 60 far for the proof of
tins. Grain can be shipped by the Baltimore and ONO
Railroad and its connections, from 81 Louis to Batl-
io New Yofk fIom St. Louis by way Lake Shore and
ana tie same road carried frstcass freight the past
Winter ma cents hundred pounds cheaper from Balti-
more to Chicago and ST. Louis than the Oher two lines
charged from New-YOrk to Chicago and 1t: Louis .
The Baltimore and Ohio Road passes for long dis
tance through and over mountains; It's tunnels ana
grades numerous, ana the later heaVy, ana Ns
working expenses necessarily large IL was an oect oi
peculiar aversion during the war ana suffered CON
santly by the destruction of it, track, bridges, rlng
stock &c Its losses by reshets have been frequent and
heavy and yet II pays IN eight per cent dividend ana
shows by report Of 1870 surplus OF S2,o5OOO IN.
vested in th various branch and connecting roads, and
The great improvements which II has been continuously
constructing the main line" So much for good and
honest management
The exor6iient charges the principal trunk lines
running from this city West are daily and hourly driving
trade from Manhattan Island and building up the neigh
boring mar6ets Of the seabOard II is not only the pro
being diverted but the New-hOTK sugar ana Otnef man
ufacturers hnd themselves unable to compete with those
the latter arc by their facilities for cheaper ansporta
ton West, enabled to undersel them.
syey confined the oId roads but there series of
ncC Bes started by the merest financial a1yenturers
who build the roads, rob them OF their land where
they receive any) mortgage them TO the extent Of
twice their cost and then isue in addition TO this stock
equal in many Instances ~ the OF the bonds. In
ties aud of those WHO offer them for sale and by their
flaming advertisements try TO entrap the public INTO
The remedy for such wrongs and abuses as these
lies in Legislative action. What do Managers
living in New-York care about the prices that
products Nothing except - get the high
est rates They absenees and have interests TO
OF public consideration. But the States that gave these
corporations their existence can regulate and control
In the words Of petition being extensively cir
cUlated end signed ia this Sate railroads are public
highways constructed for public use and the public
entitled all the benefits resulting therefrom, beyond
the adequate compensation due their constructors and
operators Upon this plea were thel charters asked io
this purpose they authorized, ana sound policy
tany VIII do to let railroad corporations singy or
in combination, usurp the Legitimate functions oI Gov
1 orssiea e6r u correct dese abuses is demanded
people should, therefore, ask the Legislature TO
tOn every railroad operated by steam within the
limits Of their respective states and make the same as
lcced shall in instance DC than SUFFICIENT 70 pay
an annual dividend Of per CENT on Ihe actua COst