, 1873-11-04
for manufacture into vino, and tho prlcoe OBJ.
tainod wore yory good.
THE TRANSPORTATION PROBLEM.

Bos1oN, Oct 20..-The following adarcsa han
obS OF tho
In tho month Of Atny, 1873, delegates from
sovoral States met in Now York for tho purpose
Of forming IN American Cheap TRANSPORTATION
Association. Tho organization was objected by
Treasurer, together with Vice-Preaidonts from
tho several States represented. It was voted
TINT mee'fng Of the officers Or delegates Of tho
several State AssociattonB thon existing, to-
that might bo formed, should bo held in WASH
ington In tho month Of January, 1874.
It was also voted that an address
ngenont Of Homo Of tic railroads, together with
suggestions of measures tint might tond to re-
liayo tho reoplo Of unduo exactions and faoili-
tato transportation botwoon tho different
pointed to prepare the address wcro too distant
to to permit their personal conference, 1t was
thought best TINT thoy should submit their
views to tho President Of tho Association, who
the people when issuing tile csl for tho January
moot1nE. AZ tho oddrnBB LAS not beon submit
tod to tho Other membors of tho Committee tho
Chairman iR a1ono responsible for tho form 1t
las taken.
Tho subject should not be approached without
q grateful acknowledgement Of tie blessings
which the raifroad has conferred upon orr
country. OF all tho mighty powers that are SO
Iaplaiy cnanslnB INC lace OF the world, this
takos proeninence as an educator and cvilzor,
This mighty interest Inns absorbed tho largcstcap-
itafiRtg the most active nndg and the most Fitted
protectors Of our timc. Much money has boon
maue nn1 by IT., and great part Of that money has
risks, tar:s'gltod men OF business WHO Who
ss ssIe ds1somsn ysSyos thought e t. tor the Inter
have mado large fortunes, and have richly de-
served thom. Ihoy have provided the ,oopo
with o most valuable Boryalit. But tho time Ina
como whom It is evident that this cxcclont aor-
want Is eapabo !.q Of becoming most tyranuica
special rights, special privileges, special faYora
special powers, and the monopoleB Of clnucB
md rings. An imperium in imperlo, controlled
by tho ableat executives TINT money can pur-
t,ln. chaso acts with PECULIAR advantage under
prico of liberty, is not ~ exercised; M
If an aggressive power is not boldly met
aond restrained BY wise and reasonable logisla-
tion, re aro inviting those bad and lawlcss renl-
edlcs which arc too often worse than tho nius-
tice thoY assait.
Among the many charges that have been
preforred against the managers Of American
railroads, tic mention Of few will bo sufficient
Hatch, In Ills circular upon ''Trauds in Railroad
Management" offers statements to show that
at tho ti!no OF his publication the
Watering OF the stock Of the Hudson
amounted to a57, 57G,70O. which exceeded tue
capital actually paid in by S7.3Cs, 400. Ho like
wise asserts that tho Watering in tho Cleveland,
Painosvillc & Ashtabula, tho buffalo y Eric, and
tho Cleveland 4 Toledo, together with the ex-
0G5,670 mud this wateging Of the Lake Shore.
added to that of tho Hudson Rivor Il New York
Contral, amounted to s77,g44,77o, oqunling
$4,000 4 milo for tho whole distance from Chi
m NntyV Vf1tk md M
annual dividend Of 9G,325.
Mr.. George O. Jones. at q recent hearing be-
fore tho Congressional Committee on Traaspor-
tation, corroborates these statements, and esti-
watorcd stock. It ia alao charged againat some
Of tho managers of the groat lines of railroad
tint, willie Congress- haB granted inmenao tracts
Of land in order to reduce tho cost Of roads ana
employed to separate tho railroads from these
grnutB for the p3lrposo of dishonesty appropriate
ing these benefits. Railroads thus favored
by tho Government have boon constructed at
Then leased to lues Of which tilcir managers Ind
the control. RngR lavo tins obtaimed possea.
sion OF land mud shares at nominal prices and
hnvo imposed upon tho people sucl taxes Us
their directors might choose to levy.
II is charged that whilo our several States have
granted charters authorizing railroad corpora
tions to tahe the land of any cizons and to Issue
ahareB tor the construction Of their roada, aud
permitting tuen 10 college, q lsneThl interest 1or
all moneys invested, shares have beon issued
gratuitously to stockholders, with tho view of
e1acting intoreBt upon fictitious values and
alao that officers mud Influential shareholders
who have been Interested in cypress companies,
mineral land companies and other associations,
haye caused peculiar privileges to DO given to
such bodies, enabling them to gain unjust adj
vantages ovcr all othors who depend upon rail- :.
road transportation FOR tlo transaction Of tboir
business. It ia also assorted TINT accomtnoda-
fhnRn tyf 1IOr nHa
themselves obnoxious By exposing tho unjust
proceedings above specified, aud that shippers
Of merchandise not in favor with inner rings
hayo been denied fur opportunities for compc-
tition.
Finally, it is alleged tlat no action Of iudiyid-
uals is capable of resisting corporntiuns welding
the vast powers and bhckcd by the innlouSo
wealth rlacel ct the disposal Of railroad man-
ayers. 1t is alleged TINT some OF theRe mans.
Legislators, and Subsidized Judges, and have
obtained, through corrupt means, an influence
subyersiyo Of the rights Of the people, and most
perilous to Republican institutions,
TITO Cheap Transportation Association Aska
that these charger, brought by responsible citi;;
2o,is Aghinst tho managers OF railroads, bo tAor-
| oughly investigated. We assert that 1t is ths
right and duty Of Congress to inquire how its
liberal grants Of land have been appropriated.
They woro granted to give temporary credit to
cortan railroad corporations. and to constitute
sinking fundwhich would ultimately payoff debts
| contracted in the construction Of roads. They
wore granted, in tho interest OF tho country, to
roluco ratos OF transportation to tho cost Of
| maintaining the roRds. Should it DO found that
tLose grants, covering MI nroa greater than many
OF our States, ha,e been obtained rndcr false
protcnsos, and used for private agGtnnlizement,
J Wo aali tlat tloy bo reclaimed from thoHo who
uniuBtly hold them III possession.
Our several statcA hnyo surrendered tho prlv-.
lego Of righting thoir own wrongs upon the I'M
HF f1,n NJ pF INV f,r1t