, 1873-04-07

tributary to M!lwan'too. With lint olty It's it,
toroBtn wora closely identical. II WAS, esaon-
TALLY, homo institution. Aud, though tho
1noat upon which thtn Cuaar. fed, TINT It Ind
Into years It had contributed 20 matoraly to tic
growth Of Milwaukee,, TINT everything olao ,yna
loat sgt Of In tho ;latnour Of subsequent great-
ne5a., Their viow Of tho mnttor was HtriinHly
WISCONSIN Legislature ,nomornhlo: Tho riynl
NorthweBtotn waH nttg,natized 10 Il Hfororn
corporation" wllilo tho milwaukee, h Ht Paul
W. exsolle as tho only road That foatero homo
s1Ao,o to tho Slate Treasury, than ali ali
other rontls combined. TIlose argumontB woro
potent with local Liquidation, and docidod tho
question III favor Of tlio ST. paul Company.
| ~ TIE sT1Na or DEFEAT
VIVA no: 70 koonly fclt BY tho Norlhwootorn Com
! toflon OIL lnrger scale. immediately nftor tLo
| aecidlng vote, itu representative man thus nc
accosteu Hans Crocker and john ". Onry, tho
hoat-lobbylHta Of tho Alilwa,lhoo d 81. Paul
Company:
| 'f1n any 1and-grnbbing, thioylng, rascaly
eehomet wo acknowledge you can beat us; but
| whom yon como down to fair, honoHt, inanly
| Eimo." i
And It was 60, for, ut ono sitting, thor clarn-
nion old sledgor Ind takon ovor eco out Of
tlleir pockets Il e5 drib1ots, and even when tho
H.
'tlo "saso Of Mogaauago" eventually camo out
!, WHAT THE LAND anANt 1stposEs..
Tho bestowal Of this variously-cntimntcd land
GUS obligations. Tlleir CHIN to It was that tho
| old Milwaukee, t. LaCroaso Railroad was built
| sxty-one mes-from Portage City to Tomnl,-
| on the original land-grnnt reservation. Within
Ky yfr thiy yss 'f' Of r'qiFs1 lros sG
Oh >tho surveyed limo : botwoon Lake
/ st. Oroix, Lake Superior, ahont 240 mlos. Thoy
also agrcod to oxtond their Monroe branch to
road, with tho ultimate intention Of striking tho
1ljssasippi at q near Dubuque, but tho win
road from somc point on tho a1issisBippi River
via and Eau olaire to Chippewa Falls md No
nomonoo, WIS.,, distance OF about 90 miles,
thus furnishing over 100 rnilon Of railroad moro
than required by tho original Land Grant act
Alroady thoy havc agents looking ovor tho
tho rasaago Of tho bill, they must flo their nc
coptanco Of tho grant, together with security for
tho building Of tile road, or submit to forfeit
uro; At proaont tho nlattor is in abeyanco, and
probably not until nenr the expiration Of tho
t!1no. will It ho decided whether or M tho road
shall bo built.
CONDITION OF THE noAp.
Tho milwaukee, j. st. Paul Railroad waB mover
renowned for itg Buporb condition. The por-
tions botween: Chicago and Milwaukee and La
Crosao mud st. Paul, howoyor, aro good. During
laas yoar Hbout 1000 tons OF ror0lled iron wero
put in track, but tho tics aud Bubstructure are
defective. TO place tho road In unoxcoptionnblo
order would require about TO por cont of now
iron md truck material. Tho bridges and Gull
nt yorts % ate IN eSscllont Sc condition. having been
through Minnesota to St. Paul is very ohoaply
brilt, and Inns noyer given lutcation Of pay{ng
!ho intoroBt upon it's cost. The rolling-stock of
tho line is admirably maintained. md the
on Tho a ae I % da en S aud s1tSehs ha
lines, run through thickly.-Rottlcd, populous
country, commanding an excellent locat business
and &C contributing very materially to tho growth
OF tho ,l2l miles Of the Mlwauhoe & ST. Paul
property vary from $400 to $500 per milo, accord
ing to the business offered. When IT iB remom-
bored that tho Eric, Lake Shore and othor East-
c1n lifes seldom fall below 5l,ao0 or 81, 800 per
milo, it will bo neon that this property, though
immense, IL not remarkably reElunoratiYo "a yet.
Its ca-ninEs haye mover footed up $4,000, 600
yearE, with tho Western Union nailroad included,
while tho Northwestern, with about tho eamo
mileage, approxirnatos @l2, GOO, 600.
TIE HEAD CESri,E.
Alexander Mitchell, ,of Milwaukee, astronomical
head Of TITO st. Paul Company, but tho mandates
en-, emanato from tho yieo presidsnt Russell Sage,
probably moro. From his Now York olico Issue
tho Instructions that shape tic policy OF
tho road. ,Thoso s. $. Merrill, tho General
Manager, carries out to tito letter. III
meled; and, Whenever a question involving
numerous "details comea before tho Executive
@ C9mnittse n IT,! in ; NnY York It il amn'ery rofer
Merrill il assisted by the geninl John @. CAN'T,
whose connection with tho Northwestern was SO
long and agreeable, that it seems difficult to
asnociate him with my o.hor enterprise. Mr.
Mitchell is President, not by virtue OF his rail-
bnn1fJEH n hi Ia Auf
strong bank. The business men aro compelled
to DO buHineBB at his bank simply because it OK
coils I'LL competitors. Tho President Of such an
institution giyos responsibility to a railroad;
therefore, ahdo. from nll other considerations It
pays to have tho President Of that bank put his
nninc at the head Of a corporation dependent for
its prosperity upon the favor Of tho pooplo.
THE FUTURE
Of the Milwaukee d. st. Paul Railway is m Mt
tractive subject Of speculation. Rumora are cur
rent tl,at tho Pennsylvania Company viii, sooner
Or later, merge It into their mammoth Bystom.
This suppoHtion is natural, because the st. Paul
and Pennsylvania Companies Join in depot ac-
eommodations at Chicago, and will exchange
tor Of mutual advantage. Another roason is
found In tho fact that tho Northwestern works
with tho Luke Shore systom. But the most
startling report is, TINT .omnont capitalists,
Paul, purpose that the rivalry bctweon tho roads
in tho conduct Of thoir business shall coase, by
Pooliu3s tho earnings and working, hereafter,
10 common. 6t1nngor. combinations than either
OF tho foregoing hayo been made, but, in tho ill.,
tereHt Of tho public and Of commerce, q consoli-
dation botwoon tho rivals is not desirable. Iu-
terEoctlnE, Us they do, territery richly nrotuo-
1.-Two and populous, the residents along thoir ex-
tensivo lines will bo bost served by tho coltinua
tlon Of a strong, hoalthy, fair competition.
THAT CAR OF OATS.