, 1873-10-17
RAILROADS., PANICS & CREDlT M0DILIERS
How They Dovctnil Together.


cusscd rather freely In connection with tho re-
cent pauic, and from tho facility with which tho
various writer's On the Metropolitan press l1nvo
attributed all existing evils to tho railway ex-
paneton of tho West, it oyideut tho lacta aro
not duly considered, aB they appear to Western
men, It Is not true TINT tho lNost is too full of
railroads; 1t IL not true that cxiHiug railways III
tho West nro equal to tho BUSINESS that ia Of
fered to them. Tho combiuod railway facilities
between tho lakes md the states bordering upon
and west OF tho mississippi Rre Inadequate to
tho preBont demands upon them for trarlaporta-
ton. Tho difficulty is not in tho oxcess Of rail
Tho farmers OF the West feel that they l,avo
abundant reason to complain that while the
railway compauios aro tumble to transport their
products to tho Eastern markets during the
cd, Tho hitherto oxorbitant freight taritra havo
recently boon largely increased. Iu u MilwanItoe
puper OF a rocent date long communication mp
pearod from MI " Eastorn Director Of tho MIL
waukoe + st. Paul Railway Company" who
istB," nnd complains that Investments III West
ern raiwayH, and especially in that rond haye
not boon romunorasivo, Ind inEiBts tint, III order
to aave thom from utter bankruptcy, the in-
crease in frcight tariffs is absolutely necessary.
Lie HnyB:
70 goon and do business wo have been doing for
two yoars past iH to sauriace the property intrsted 10
us ly tho Bsockholers-to abandon II to 4s mortgage
We only keep this large property for tho atock
hodera By getting increased 1et earnings, which eau
saT a,, wnero
ings,
Now York, Boston, and Philadelphia have u
dcop interest i'll tho solution Of tho question at
ro1n3 Jos;rn f. eb ~ ooss ,osnp ~ ~ H. tu1
r. ~ aen;IoI;aty ~ ~ & oaear y. ~ a"u
Europe will acquaint themselves with tho rol
facts, they will cooperate with tue peoplo Of tho
H. moss ~ o9iaooenS shu g,e"' wv snat s.an4s u
.ai, III mas y. ~ - il ~ u H. a. ~ nos'
trenaor % r sn '1 nrooa 1aa ~ a os
t,35 fa;n ui se.a plouuoo ~ ioss
cantoi ta ar5 1ahar H.. ~ H. VI
,,pin ,o ~ sno hler
ta froichf tnrTa aaii h ~ - adIn.tya HuusnHa aa ~
aio, n;nrsa nts. t,aa 10 ~ ~ 10 ~
a,t - 'a ;1,ra, ,r S",.o IL tnu HG.uu
ataots ~ thaso ,n;i,r5 ~ oan,m,aa ~ tno m a us - a ~
nremoor. ~ fa at",ao ,,na =; ~ ~ wv s ~ s'ao
ntorasfa1 n aacnra;nr nn. fnr ~ Wo III
;ntorcsts orc ioonar13;1af an" v;oInto5 hu tI,a
NOS ~ X;ractoes a,, ni1enrs ~ IT,
nsgs colnposo1 u Gatscsots - anu olneers OF tno
Wnatnyy coeii o,,i,, ~ ms III dn
mio including reIt Of way s erains gJ anI ir nr
rom tho basis q issue of bonds sd ITO Stock E t.
xt w. s1s1a ssn" ona ama pof me
otn m,,A =" o~'A'S 40'1o ~ o'"o' 'o1 on4nHsooA'
''Ii r. Tin e+oto,no,+ a, .,,n t,Doa.o. 1..o.n
+ha nIiwomhoo ~ " pam, p,,.n' Uasossor o.
tho Mi1wanEao ran.r ns ", u na"ay ts COMPANY IN
tsa,r,.t F ptpsi ~ .ruo, tna' unaer tno
1a59 L.; 70 ooRs ~
n nnt ra;r ;mfarenco tat +,,o o; III 10
os gs haan a1 horotoFor 1ns aa 'no ana alyl
eoads Of aaos Of bonds? r a sa 1tU to eno
mes 11 a mkt M oaa If ar weh @
r"t;,Io Nv -. III III " ot Has ~ naso ih
f;reatnru ~ Who ~" Iovo nan stuouofe anu
oporso os Of rnroa 80 ~ a9 to