, 1873-03-05


there is no marked evidence Of it yet,
it is not impossible that in any general conflict
of interests there might be one, and that it
would materially qualify any victory which the
people would get over the railroads, or even
prevent it altogether if the latter allowed to
consolidate their power q year or two longer.
p The opposition to the consolidation OF rail-
road, military, and money power is as yet en-
tirely unorganized, and re find the first indica-
where Mr. Josiah Quincy is endeavoring to get
up what he calls ss National Anti-Monopoly
Cheap Freight League" with branches or sub
leagues all over the country, and particularly in
the West In the formation Of these clubs or
leagues the following preliminary paper or dec
lration Of purpose is to be signed:
YmnE4s, Various railroad corporations, relying On
the power of organization and command Of capital,
have neglected to add to their facilities have unneces
eced the interest OF the public; have taxed the peo
pie BY unauthorized issue Of stock; and have, BY
tree tickets and other endeayored to influence
We the undersigned, believing that the rights Of the
shall have for its object to fuse inforuadon to re-
duca the prices Of transportation; to insure the In
Of facilities; to enforce the just complaints Of
individuals; to bring to Justice any who Bha tamper
agree as soon as fifty names are signed to this paper
70 attend a meeting to organize \ "cheap Freight
Leagua."
MI. Quincy iB by no means in advance Of pop
nlar opinion in his ideas and in fact only fol-
lows the suggestion made in this column 3
month ago In regard to private companies run
lines, by payment Of 3 specified rate OF toll per
car, per mile. He would have one or more Of
the great thoroughfares between the East and
the West-a double track freight line-control-
He claims that ultimately tho United States,
acting under the same authority by which
they constructed the Cumberland Road, must
own the road-bed and the stations Of freight
D. IL. 1r- Tw;~
Canal, throw them open, under regulations as
regards regular and moderate speed, to any per-
con who wishes to put either cars or locomotives
upon them, paying as on the canal regular and
there would be, on such roads, under such regu-
lations (supplemeuted as they would be by the
telegraphB) no danger Of collisions, and aa the
cars ~ou1d not have to go upon sidings to wait
for express trains, their speed would be about as
great and the hour OF their arrival more certain
than at present. and there would be an end of
complaints Of shortages or excessive tariffs, al
Individuals and not corporations would be re-
sponEible.
It is natural this Chicago freight movement
ehould find its Eastern nuc1eus in Boston, whose
merchants find that It they expect to compete at
all with New York Tor the trade OF the West,
they must, IN some way, upset the monopoly of
New York in the control Of the railroads. To
maintain her supremacy in manufacturer Mass
achusetts finds it IS necessary to have cheap
freights on breadstuffa from the Vest, in order
to have cheap bread for her factory operatives,
as the farmers Of the West find the same thing
necessary in order to live by raising
wheat and corn, hogs and cattle. There
is now strong movement on foot
in Massachusetts to have the State own and run
the consolidated line. Of roads from Boston
through the Hoosac tunnel to tho western boun-
dnry Of the State. AI1. Charles Francis Adams.
who haa advocated this policy, has recently
made speech before the Railroad Committee Of
Massachusetts. The speech embraces the lead
ing arguments in behalf Of the general policy,
will be printed in pamphlet form aud distributed
largely, not only in Massachusetts, but in other
States, to encourage the adoption of the same
policy. There is no doubt that the movement
will attract largo degree Of popularity. One
evidence Of it is that men like Henry Ward
Beeches, who fall in with, and always succeed in
leading popular movements, has started out in
the campaign against railroad monopolies. -
CURRENCY INITIATION.
The most OF men have no opinions OF their
acquired the reputation Of thinker. In this
connection, We may mention that Prof. AmasBa
Walker, one Of the best informed men on cur
rency and kindred subjects in the country, after
having recently spent considerable time upon
tbs 1loor of the House, engaged in general con-
Ter1ation with members upon the subject Of cur
rency, is Of the opinion that no legitimate buBi-
ness interest Of the country desires any further
imitation OF currency This is, in fact the opin-
ion OF every thoughtful and really well-nformed
man on this subject. But this class of men are
not go hlatant in the expression Of their opin-
ions Dor 80 persistent in their advocacy of them
III the political demagogues who find it easier to
coincide with the popular leaning in the other
direction
LOCAL STOCK AND BOND MARKET.
Messrs. Lunt, Preston Kean quote rs fol-
1oYe this afternoon: