New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-13
THE TRANSPORTATION PROBLEM
SESSION OF THE SENATE Committee. D. woRcEs-
TKR,s STATEMENT

SESSION OF THE SENATE COMSnTTEE-E. D. woRCES-
TKR's STATEMENT
The Senatorial Committee on Transporta-
ton met yesterday morning, Senator Window In the
chair. Among those present delegation from
Oswego consisting Of ]. c. Churchill Moses Merrick
and NJ Cheney Ames representing the canal interests
that section Horace Day read long paper relative
the Niagara Ship Canal. AT this time the proceed
Ings interrupted by the ARRIVAL OF the Joint Com
tSee OF the State Legislature, consisting Of Senators
Lewis, Wood. and winslow, and Assemblymen Prince,
Cornell, Port, Weed. Hustled, and Alberger. The alb
sentees Senator Murphy and Assembymen Batchel
Ter and Person Senator Lewis, Chairman Of the Joint
Committee in addressing the Senatorial Committee
said:
We arc here behalf OF the State, COMMITTEE ap-
pointed oy the senate ana Assembly 10 coneut WIN you
your line OF action IN this state We would Ike TO
know how much time you could devote to travelling
Wy ny 70 t"a ~ ~ i - "a
nom the City OF Albany ana 90 up the Champlaln Inc
Montreal from there to OgdeBsbnrg, thence TO Os
& e1 n a. 11 n 9s yT1 can p IN o0 tsi4uS
early in the morning. You can go from Albany 70 Mon
IS very short trip to Ogdensburg; 1t viii probably
take another day 70 go 70 Oswego and you can STAY
there and look at the Welland Canal SO that viii
take IN all about SIX days.
The Committees finally decided TO meet at Albany
Monday morning aud agree upon their future move
ment The proposed visit to Boston Portland, and Bur
nngton will probably postponed till late the
A statement from Israel 7. Hatch Of Buffalo made
60 the Committee fsvOrng the enlargement Of the Erie
Canal At the conclusion Of the reading he remarked
that 1t proposed 70 prohibit tolls the canal,
except for purposes repair and TO allow a small
amount to 20 70 the Sinking Fund. The debt
about tsO,OOo,OOo
THE EEw-YoRK CENTRAL
E. D. Worcester, Secretary of the New-York Central
and Hudson River Railroad and Treasurer Of the Lake
Shore and Michigan Southern Company next intro
duced to the Committee. BE considered that there was
great deal OF msapprehensiOn in regard TO railroad
matters; the words "extortion" excessive rates."
snd "monopolies" were used Unfortunately. AS TO
facilities he thought none Of the railroad companies
had any disposition TO Fei4rd the transportation Of
goods from East West He into detail to the
Of working the various fast freight lines upon
These roads-the Red White, Blue, Merchants Dispatch
and International lnes-demonstratng that they we're
nSlly put on the track 70 facilitate the
moving Of goods without change OF car from
Blue line, S,2s7 White line, SAT Red line 3S4S Mer-
chants Dispatch IsOO international 600 For several
years attempted 70 compel tho New York Central
20 carry local freight pro rata The question had been
asked II the railroads. dld NOT make up on iCeSi
ne emphaticaIly denied. The Company once owned 10
propeers, giving them controlling business there, but
these lake lines had been done away with by the
through lines OF fast freight roads Railroad nights were
never OF much benent 10 the public geDerally-Ony
% large dealers The reduction OF matter
VI respective ability with the roads 70 hold 0ut ana the
reaction the matter aferwald was 10 make up losses
VITA the enlargement Of capital the nducement existed
20 increase rates ended there. He made COM
arative statements 10 rates, both passenger aud
freight on the Erie and the Central Local freight are
somewhst higher the .Hew-YOrk Central which was
accounted by their receiving greater amount OF
rstcass freighk Erie carried great amount or coal,
lumber and the carried by the Central,
very probably their rates would be the lower. The
question OF capital discussed at some length The
fact that the consolidated lines represented $SOOO IN
while the present capital stock was xed az $50
900, considered by the Committee. That figure
was explained by Mr.. Worcester AZ representing the
market value Of the stock the selling value IN fact and
the figure which the Company could pay dividend
OF about per cent annually The consolidation had
een really OF great benefit in the reduction OF rates
In 1857 there II lines between tins city and
Chicago each with its directors having an interest IN
keeping up local Through freight was an impOs
Sibty; Ii often impossible for person 70 BUY
Through ticket 20 Buffalo Consolidation everywhere
mad served ecOuOmze rates and add 70 efficiency, the
only drawback being the accumulation OF power and
CAPITAL which might be used for evil He explained the
general statistics Of the road giving an abundance OF
facts 70 working. BE referred 10 the double
track road building by the NeT-YOrk Central Road
70 buffalo at an approximate cost OF t2O,OOOOO When
completed considered the capacity or the road would
be Increased least 5000 cars each way per day,
trains running fifteen minutes and able
co 1000 ZOO tons OF freight per annun
The committee will meet to-day.