, 1873-09-29

o1ls rates both In md out Of tho State, and also
taking Into account tho earnings Of tho roads in
the State. They had Ind bofore them mon well
versod in building and managing rallroatla, and
also lcading shfppora.
.Q.-Dil you take into account tho actual cost
OF moving freight? A..-Nothng worry definite,
railroads to tho old Donrl. All tho railroads havo
not yot mado thoir. reports for this yoar, but
they are now coming in rapidly. Thoao reports
show TINT an average Of 05 per cont Of gross
earnings are absorbed in tho working and ropair-
Ing expenses Of tho companies. Ju1y, 1879,
thoro woro {, ,258 miles Of road In operation, and
throe-ifths has boon completed giving fully
1000 miles now in operation.
THE AVERAGE FER MILE.
Q,-What was tho average cost per milo? A.
Q.-How do tho companies make up that
amount as tho oost7 .A.-By taking tho total Of
tho common md preferred stock, aud tho bonded
and doating debt. They c1aim 9i2, 900 por milo
as tho actual indebtedness of tho roads, but the
| actual amount put into thoir construction haa
| novor boon determined.
Q.-Whnt is the average per cent Of profits a.
Tho average groHB earnings Eor mile arc 80 108,
na NIT nesdng +" s 1s dividends and tho net amount p0F
o.-Do you know Of any way Of getting at the
can only get MI approximate idca We have is-
B,1od blAnks Which they nro required to fill ont,
ron.on1 p"v sy ~ N'' ~ 'o '''''i' N''o
Q.-What is your opinion, knowing the topogra--
ply OF tho country, cost Of labor. material, md
general expensos Of construction
Ws think an ggco grGnf oyoros1.mstS e;
Alt iB generally ooncetod in this Btate TINT
raroad stock has boon lnrge1y wntored that
stock haa boon issued which did not represent
~"e''''' 80 'ossou' -
oes, COL, sc co9k T. roM1aEn ,sa eatp na3.
An Yoly s9ro ~ III an ovor-eatiiiato. IRON
ny oW4 knowteago OF Ino construction OF taa fa,i-
Gonas o0n Snoula nos taink IL woula 10 eyer szz
w per mllo. me Illinois cohtfal bnslt gooo
.a ueaa 1or i1ss tAeh tnAs, puk ,ltI3I thnIo
naa oeou pnllastlnb aomo I'LL amGG IN tngn III Nnton
wonlo not 20 lhclnaoa 10 1no szzyou: inoFa nas
boon good doai OF tlle Illinois contral grading,
q; esccnR, H., ano 11olug aon1 a. ~. " ut uTea
2Ao,ogV, hlo presume Int tIo !. b ", goun .1g nog
uono tof e4en na tgsS. noo ~ ~. i'A 4ua' ~ "oo
a'o1aev Gstf S<s,ovu , ,;,i pni ini.o' ~ ill., =,
v.-Mnas - y9ur oEinlon pl inc inanno, I ~ n
400 nm? ~ AMWn,f III M ;vnIr,1o h,i1nut
rolisnr.stock. end nfhor things. h,,t wou1d in.
einia r. tha 500 mn tho nr;f3nnry afatnn hn;id.
inra Tho dotni1s nro what ,so vial, to yot nj hit
thSt Ia noi nt which thu rn,lroni ,nnnorcrs oto
nnt nnrfama In 1ot ms know -" ~AN
''0' " vvTour1ox .vs ~ .,,, sra1 ,,,scn,,,.,r,ov
VIZ - ~. "nu at a.,aa -
.o .,n,e, H. nor,o en ~ 1,uns ~
.sitb L.o. anunb 'uo puop!o ~ au!loN6 A-ney'
G; gxorbitsnt rates and unjust discrimination.
a.ne ne nstoLy ~ sms neato nas Geon enat, as the
ntate , "as p1llt ", 'ne t1'es nave 1nel9aseu,
thne reversing the usual order Of business.
~ nnnluhu ~ "Gn Sta'o ilanhy ty lnus, ~ maAane
" TX 'noH tnril.s' tnoy aoAom ~ bystoli'
nut uy a!hWs ~ ia1Ka 1t no"ey "nc1o-
esot snoy cai' hheto tho5t ~
oompeth1o,n ~ any pol1s, tnoy nesot Aonefe 10
tnelf pn9nsneu laios, ous maAe private CON
~ anu ges ornI;tn eu ~ ~ ason MnSto
tnoEe y no conputltlou. ~ theso comneLh1g
points they naso qni.o reasonable fates' put thoy
~. ss.ss 10y no'oi An"4e @nS con'1ao1s
10y WIT 10 xn,,r ;Ioo ~ +ho o,,orooo ,oat ~
+ren.nortntion II rra;r nor fnr nav n;1a A@Wa s u
thinI ahont ,nfs. The M neon1e M univrrsoilv com.
plain Of rates for short Distances md no one % Gun
~ f3rnI aomnt;mna t5nt nftor tl,o rrat hnnfirc1
+aiaa .horo .rn,Id lo = conadoraIia iir,;rnt;nn
Ink on thn th;rd hnn1red miles ti,ero wa,,1t1 ho
disnronortionnto increase nrair,. Nav. tI,o eost
~ r,,nni1o a train efter tl1o frat I,,nf1rnI r;1ae
;s T.; raa,,.re and afon1I not ha snh;nct n nct,,o'
t;onan ~ AN~'@~
'''A'' ,,,uu, a,,. n .o..,.o,,
lStEa-srAIE c9mMEhoE: 3:asEeasts
E-oo you onsoui''or r,: u!aieu!t5 ~ sno ltte,
oa.e ln tnn a;o, IN. 4Hass.on "aS ealiy
asAeo} nnu " ~ oaoJa;uu puF III GiLcu-
xcd rato a ataa H f te t " o aa t
MxGo Iate ouia!a9 o. t1o etato, Dut We salu tnat
heaa not be sappsdt fem poan outside 9a
Shan 5;a TUG charges 1son sna1 point 10 TIC state
Ane'
Q-po ne cmatIots @ q tho fniiroaa compahloa
IL IL, = naa'n1u'n iato' A'-1heS na'e no To-
n wWhot ia tha o,nn,nt - p,,,;c,, +,a at,,L hos
hocn wstcrod , We camnnt snv Iin1osa na tha
rai1road cnmnan;aa con teli M ma can 'se ''e
wHsva vn1 tn,san any atena ~ ci,anoa or
roe,,1atc tlc yarehnmsn evstom ASyoa thov ~
nrs nnoratinc tn anme cxtcnt ,,n5ar onr rsrn1c. .
t;nna 1,La 1aw rounlotoa lin ci,orros IFEho,
ap law ~ o to tho enneo o
dova etorn,o tbat tho sw ol1ows Sne tl,;r., n,'
va src noyr irving to fnrce thon, to tia ,ato ~
inwcd hv Inv '1N 1"'o ~
'0"~~' - , " ,r,,vrn
n.,,ao n ml;, G,.;aa :. ~. "AhhsM' M.t.,;! :.
1a:n nass.uen' ~ .un o.Acaso nuisneson M Vulhgy
| cnrafml atn1,, ~ Tia nueut;on and Ind foTn3
that the nroduco Of illinois Tas carricd from
ono-hnlf to ono-third cheapor in tbis State H..
ea|ly eyen. tbnn in England. Franco' or Gar
IN tx Snntharn stntea. md tha anma can,,;. ti;.
tions erat in tle naascncor trodc orcont ~, tno