The Grange advance., 1873-10-15
2 Iu55' ~ - - Y y ] =
NO. I.
] NEWS ITEMS.

NEWS ITEMS. ss n
4 New York has organized s cheap
transpo portation assoeia lion and appointed
com tees Sconsisting g of aone of the
most enter rptisiing rchants 8 q thee
I ~ g London zines says with
gardstts Che New Z ortk III financial panic T
that il view Of the esxtraordi dinsrly
prosperity Of the y nited States, and
the high price Of It's government bonds, B
the presents gust can but be remarked
s simply an effort Of the financial sys-
TEN to get rid ST its dishonest element ~ !
and the statement IS not very far from
the truth. ,ss..s... 5s s .sI.
|. "A strong effort is to De made in 4
the next Congress to get an appropria7a
tion for the construction Of the ST !
Philip canal near the montf. the
Mississippi river. Il is eis1timated 70 E
cost about twelve million dollars and
when finished will,,s'it is said, per- sc Of
sailing Of the largest ocean vessetsuas
far as Cairo for at least four months Of !.
the year IS. |. ]. e e
In his srecent speech at Dayton,
/
Ohio, Senator Morton, il speaking Of
the cheap transportation question J, !,
made .. statement Of considerable im-ss
portance. He says that he has in his i
possession proposal submitted BY
Dutch capitalists to build = rsilI
with four tracks from the West q the
seaboard, without any aid, either state
Eor national, All they ask is . charter,
We trust this proposal will not be for
gotten when Congress meets, for it will
contrast very strangely with certain
other propositions which will be sub
mitted to the authorities. sS@. IS
An exchange says England has,
entered upon the experiment Of reform
ing all railroad abuses and inaugurating
sort of Utopia Of steam locomotion By
means Of a board Of commissioners
The functions Of this board commenced
on the 1st inst. It consists of Sir
Francis Peel, son Of the great Robert
Peel; Mr. Price. lumber merchant
and old railroad officer, and Mr. Nc
Namara, a barrister. The duties Of
the board are to adjudicate upon ques-
tions Of amalgamation competition.
goods rates, passenger rates, and the
general protection of the public.
I The Senatorial Committee on
Transportation was in session in New
York last week. Among the statements
made to the committee was one By MI.
Walker, statistician Of the Produce Ex-5
change, who said that the most promis-
ing competing routes will be through
the Central of New York and through
the St. Lawrence route when the ca
nails are enlarged. The stateso New
York must be prepared to meet comps-t
tition BY the st. Lawrence at rate not
to exceed ten cents per bushel from
Chicago to Montreal. The remedy for
exorbitant rail-rates is the. improvement
Of water routes and increased facilities
by rail. Many lines are now doubling
their tracks, and they can do SO scarce
" fast enough. The canals since 1887
have, = transported over seven thousand
million dollars worth Of property, and
have produced arevenue sufficient. to
pay for themselves. The tonnage Of
the canals| for twenty y-three years has
been more than double the tonnage of
ell the vessels entering! the port of New t,t
sY|sork . g = The greatest capacity Of the ca
{ .nals' 'll g move property eastward il {oar
million tons. q lock should bes able to ]
1.ecgmnc dlatssa boat sof twentysix hun
Sdfed tons.