, 1873-08-26

PHILADELPHIA.
Tho Pennsylvania Railroad.
Its Management and Inten-
tione.
Sketches OF It's Possessions and
Personages.

Sketches OF It's Possessions and
Personages.
From Our Dun Correspondent.
p111LAprLPn1A, Aug. IL, 1879.
In one OF tho oldest strootB in Philadelphia,
tho fourth from tho Delaware, at tho cornors Of
ono Of the oldcBt alloys stand aldo by sidc two
very largo md costly buildings. They aro now
buildings, bosides, aud rise up Ms In mutual RI
sary,--the ono built OF dark red sandstone from
tho Uppor schuylkill; tho othor Of uolid gray
granite, aH II emblematic Of tho Keystone State.
Tho sandstone building ia tho Rending Compa-
nys ofilces; tho granite building is
TIE PENNSYLVANIA CoalpAsYH OFFICES.
For years they have been noighbors ut opposite
endH Of this alley but tho PonnsylVania Conpa-
ny moved up year or two ago, and seemed to
glyo additional dignity and recognition to
its railway-aRaociato by standing up be-
siao 1t, aud almost linking facndoa.
Tho two buildings probably have cost
s30o0oo0. Wires stream into both ovor tho
roofs. but they staud in such a. quiet street,
amongst old brick dwellings, Of shippon'a and
FEanklin's timo TINT their sudden appearance
thore 1ooRB nko innovation, -almoHt usurpation.
Nevortholoas, tho Qun1or's mercantile hand Ia
deeply in those roads, aud tho Pennsylvania
Company especially is almost puroly PonnHyl-
vanian. II wo stop ut tho North-1rish and
Scotch nhmea Of Thompson And Scott, We
may remember that the earliest conyorts Of
George Fox's school wore made in Ireland. So
Gown, tho President OF tho Reading Road, is
Of country -sdo family, quito old In tho suburb
an annals Of Philadelphia. Namca like Kneass
may also remind us TINT tho Ponusylvania Cor
man element is not wanting IN thoao mighty
nggrogations Of talent and money.
ORIGIN OF TIE TWINS. q.
Tho Pennsylvania systom Of public works Ia d
subjective thing, if 1t may bo 80 czalled. con-
ceiyod and developed frpm within tho Common
wealth. Tho State itself began 1t, and tho
statof, own management bocarno l,opolossly cor
rupt, 80 TINT somo Of tho best. md also eoluo of
the least diaintorosted minds in pannsylyania
advocated tho sale Of tho public works, RAILROADS.,
mud canals. The PENNSYLVANIA Railrona suc-
cocdcd to tho bulk Of what had boon nlroady
done, and, of course a class Of men connected
with tho old syytem roapod tho first adyantarog.
Houco arose tho ponnpylvauia Railroad. Tho
Roading Railroad came loss to wealth thnn
it's noighbor, but got tho benefit Of Brit
ish capital to comploto It: and
both Companies were in condition to reap tho
enoru,oue Advantages. md nccopaittea n tho
War, In 1860 all PENNSYLVANIA Ind on1v 2. .59s
milos Of railroad. AGAINST t13 mios in 1871. II
nav t.ods o.,r, rtnt. L., ,,,;1o,... ...,,t t,,,
~" NV 1e.>a ofo4y o1"'o III nAioaGo eAcop' 'uA'
ao17' IL tno sane yohr,
THE HEADING RAILROAD,
apparently adopting, within moro limitod arca
tho oponpsy1yanio's inot;ca,-tntis oxc,roor fr,,,,
~ aa,1 - -, t'''oA M A,''A1
,,,sro, 49, ~ I1o'p"'aa -, al,on osofs othor tiuu -
moseo up 70 10 one OF tho groate8t corporations
In tho country. Tho Roading added to Its own
short main etcm Of niuoty-aipht niles twcntv
roada bringing tho a,n, IN In G1E r,1oa ~ III,
.oaa.a o@t. ~ '" ~ n,a anoa' VI matn' VA
seoonu tiaoh S,N 4ateFals, A'2oo mnos' Iho
rontals OF those leased roads amounted in 1877.
to noarly 9900, 900 per annum and SUBSEQUENT
lcaecs of canale. and acoresaive movomcnta nnon.
ruorchonta mud n,;,ato aan, na,1, a1,a,.. a;.sse:
49,, - ,,,aa,. ~, a'a'ooi@4
1lon " p'oeA,op'' tofslty' ana hoia the avenues
cite coal-Aold. Not only thB. but an arrressiva
moromont in coo1 IN coporoi .oa Nv r. W;,.;.,;,
-, 49,, oa.n,,;n.. - ~ 80 40 .ne.lu
lug ~ p<'o, oeeuptine sa'o lnit'oH OF tno headhR
hatFoad magnatos The Company now Possesses
$50 locomotives md 5000 coal-cars. 1t owna
vast tracts Of coal-laud mines. and etat;onprv
nnonoa ond novoa q ooo ono ,o,,., - s..1 49,.
a,.,r, ~ ar..a e'ove,ooo sune " eo4t pof
"n nan oan lsa ero9s annu"l recofpts pass Sl2,-
oeOooo 1t has S3l ,566 QUO stock, aud 528 900 600
OF debt and obligations md it pays 10 Der cont
n yoar. cxoluaiye Of govcrnmnnt tar itaatoc1,
IL n fanov nm in son,o rosroota ~ 49, 11,,ass,
49,. 1,:us ~. a ~ eo ioapo't' ~ sue tniael-
phln Board, and somotlmoa quotes higher than
th9 fenhsylVanlae.
Ihe purposes OF tho Reading Kallroad have
boen dbcuBsod IN the elonnHylvania Directory, and.
as long " It attends TO lta ONO object Of coal and
>os.a.. - ,s. ~ Wy not ~ 91estno
lroad nn,gan praa;dcyt ~ -. AMl-
.o,,o 81 m ~ ino noaue ~ ~
ooto AoFic icooAsou on u luu!ctaA n"je!, AltA III nd
as urposso. pme easy reasoned Mata 10 gets tho
IL 1Snroanntod as r3naa, ~ ,,e y osnera no
n !no 1ta,'sals 10 nA, too
u ;,, tuo oodim' 51tg IT, ass ,ong anu pasn
m nn. neIn,ong ~ g, hnu anpasslonedy towarda his
tinnnl convanti6n 5or xant @ ~ tG 20 sta
~ Uh;1n ron aa".t mun1 " s;sdaEIn 70 a.Ienu
~ "v nvor on IA t 1eo,ss pq3fastonty 3 gant
n Gnyo @ &la tne woaK 1oe 5ho other roAd
a sscu rg1tn 1r 9 Weaf ana toar
so1;J ronn,n A dnrah1a H. OFFICES ,.ia
So, ~ III noio th n,o sn9y wI.h long m
uea,poaus t1 ~ soa @ tlo annlmelanlo roo1ne %horo
Mass fnt W. u sso ~ at thnao @ 70 o