, 1873-09-25

Mn. NEWELL,
Preaont Of tho Illinois Central nailroad said that up
to Monday tho receipts Of tho road had not been af-
fcctcd. Tho road was D triao behind In Shipments
and this kept tho men busy, but sinco Monday Tho
coipta had dropped very considerably Tho fact a'
said Mr. Newell, thoro ts currency to be had and
The grain cannot DO moved without 1t. You ob-
tain grcat deal moro information from bankozs."
"Docs tho present deadlock In frei8hta throw q
great mnny OF your employees cut Of wotk7" pursued
tho reporter.
MIR. Newell did not think thero wns amy immediate
danger Of my kind WhIlo business was actlvo AZ
1t had been, thoro wero great many needed repairs
which could now be attended to. This would 8ve
plenty Of employment to vory largo number Of mon.
"During such deadlock, what wili the railroads
do7" asked tho reporter.
~ suppose they will whit until tho shippers can
obton currency enough to move the grain, said Mr.
Newell. "Tho farmers arc tho aufIerors, aud hayo
brought this all upon themselves. They hava pro-
ducod such feeling In Europe that American rail-
road bonds shunne by capital. This will all como
back on them In tinlo,n
"Bnt Will not tho community snffer, through tho
sudden discharge Of so many ratlroad employees at
once7" suggested tho reporter.
"You had better ECO nrr. Mitchell, tho General Bu-
perintcnacnt, about that" Mr. Newell's reply,
nn, MITCHELL
seemed equally disposed to en1ighten the public,
cncln8 Watn the ucld remark That When tho road "aa
very hard pressed, Borno Of tho beat bralemen
were callod upon to do contractors' work. little
pushing md squeezing finally elicited the admission
that In consequence Of tho threatened sagration In
freight no supposed tnnt 1he company would ho
"oblgcd to let somo Of tho men Co." How many, or
~nat percentage, could not 10 nscefta'ncu.
a1n. SARGENT,
donora Superintendent Of the Michigan Central Ra-
road, thought city shippers would bo moro Infected
than country shippers, tho inter could take caro- Of
themselves. They would kocl' on shipping aud would
be less affected thau they at present. So far tho
road was concerned, tho OBJECT upon 1t merely in
tho number Of trains. few days would materially
diminish the number Of tEaiua. Everything depend
ed howevcr upon tho turn money matters wond take.
Thcro aro very fow water shipments at present. tho nd
yauced rates Of insurance and the prosont financial
lookup combining to deadcn them. Mr.. sargont do
clincd " conit himself on the question Of reducing
prices, erndng 1t with the rcark that hme would do
ter1nne the tmmediate events Of tho future.
Several prominent railroad officials could not talk on
apy subject other than the farmer, upon whom they
laid tho responsibility for tho present unsoward con-
t!on Of Affairs. "They have destroyed tho raluc Of
railroad securities they havo ruined our crea" ar-
pcarcd to bo prevailing sentiment.
An INTERVIEW
with an agreeable and Intelligent octa1 Of the North
western atiroad was moro remunerattve in point Of
information than most VI the others, 1nAsnuch as 1t
nndo clear the following important facts: The eeva-
tors and 5t0ck-YardB wore now crowded to their ut
most holding capacity. Especially important tho
crowdlng Of tho stock-YarH, for stock was perish-
able freight, and they could move moro Of them
1t would bo sim ply useless to attempt to abtp
to Chicago, md there was nothing to 10 done In tha
direction. Yesterday morning Afr. Hughitt had given
ordora to moso all the frcght-cars from tho agricu
tural to tho lumbordatrics Of Wisconsin, md tho
country OF Lako Superior, In order to utilize thcm aa
much possible.
r, .f,nn} otoo