, 1873-04-28


ncading nallrond OF Pennsylvania and tho BAL
tfmore K Ohio Road arc each obnoxious to tho
ronnBylvania. Company. It l!slikcn tho
fret rival an ,od dPennsy7qtn,s s,i, To
EaiA' I'll and i " we'll scsrsd!ioa M By ~ foreign
capital not to sock access to tho Wost through
tho territory it considers its own. Tho Reading
Railroad ts ituoli monsta5 t tn tn tnrn| and, BE-
acou ovory artery by rail- and water which socks
to take coal from Ito Duchy. Doth Montague
and Capulot havo latoly had n tumble; tho Road
lug Railway In tho coal-tap to Wilmington, which
wharveu at Chopter; and tho Pennsylvania llond
losing tho Jersey monopoly, wheroby It's Road
ing rival can carry coal 10 Now York.
To koop tho Reading from 1nAking route be-
nj. Company bought the bridge y Columbia,
In
THE LATTER VENTURE,
ntockl,oldcr tells tho story thus: ,..-.
Yhs pltla1s1rhis Erie iei!reaa has been under
Il o and
Unr hs .. s It ss foopsS 9 for
G,alness largo enough to bayn paid very handsome
iivtaena to tie stoskholera ne roeepts havo been
to absorb n tho earnings Of tho road. Mo profits hayo
accrued on that Htock.
TUE pA1r1MoRE OHIO RAILROAD
has earned not merely tho opposition, but thc
rcscntful cnmity, Of tho ponnnylsania Company,
by building to pittsbnrgl, md divii'ng and low
ering froights to that point and by opposing its
sauthcrn excursions, aid fighting tts depot-rriv-
:. an old woman" Mr.. Carrot rofera to AIr.
Thompson Us no railroad man, but n .doa1er in
corrupt Legislatures. A1agnatoB, arc but boys,
aud ,pout ut onch other, aud smash each other's
toy-locomotiycs
THE PENNSYLVANIA RAILROAD,
bcaten by tho wild and Jacobin Jersoymon, llan
aorously disturbed tho provincial drea,ns Of Its
show low the deaiors Of Western Maryiand-7,
eyen thoso nigh the now county just christoned
Ga,yeA-aro buying gooas this ycar, not
in Baltimore, but in ph!ladelphia, whithor
& fsosht-rates. d tho Martinsburg us5oas Potompo
tap, Scott Ia preparing to lead tho ffoghtb OF tho
ehonanlonh Valley on by Harrisburg. By tho
Frederick t 8tato Limo tap, he strikos tho Dalti-
BY tho Baltimore 4 Potomac Road, he croateB
rival Legislative interest in Maryland, and CON-
potos Of Washington for tho whole tolls OF pms.
4ongar-traibo, BY procuring tho Washington
tricks, ho has cut Baltimore OF from Virginia;
except by roundabout way Of 200 milos to mako
what whB done before in 90. And it Is Mr. scott'e
further expectation to grasp both tho Covington
Wolden route, and then, twiRting OF the phila-
de}plia, Wilmington T. Baltimore Road, to leavo
tho Baltimore & Ohio d headloss trunk, with tho
Orange, MANASSAS l. Lynchburg Road Tor an i'm
perfect tail, whiaksng at nowhere.
Tho Phiiadolphia & Baltimore Railroad Ia own
Cd mainly in Dohton, aud itn, proprietors would
not bo 10th to accept o stook-dividond and 8
guarantee, and be relieved Of their rosponaibi-
{ty, although thomauagomont Of tho link haB been
as perfect as It's roadway, which is the boat On
tho seaboard. N1ay not Mr. Jay Gould, with Ills
trieylabio railroad and ferry, appear opposite
Baltimore In time to
eoLyH III. oARnETTs PROBLEM,
- 1nnu ri uo,1nn hi Y,h{t t3u
Will MoHsrs. boott and ThompBon, however,
want to repeat the New jersey experiment, aud
taAc with tho rhilndolphia & Baltimore Road all
ita Improbable appendnges With the cor
Now Jorsey.Railwny, a pnrallolllne vi bo newt
ablo? Alroady strong and akoptioal opposition
is shown from within their stock company to
thoir omnivorous plan q ruling and running A
for years past tho Company lad boen declaring
dividends out Of the increaao OF capital stock
and bonded debt.
THERE BEING NO EARNINGS
on tho gross system Of rnil annexed to tho Com
pany. It wns also established that tho Northorn
Central Branch, which used to oarn 18 per cent
upon it's atock, has "wiltcd undor their inanago-
uiont, paying nothing, and dying Of financial
at1ophy." In ehort, tho writer reasoned from
tho President reports of. tho past tsolve yeara,
that tho liabilities Of THO Pennsylvania Road
wero now 9103, ,O0o, 900; that tho management
intended to make this. as they had tho warrant
ct sw t. de- ssoo oeo oeo ta condition
esponpos stated below tho fact; and That, 81.
ready, the business failed to moot tho dividends
doolarod and tho interest On the bonds.
II these points should bo we'll talson, what s
oil this gathering of switches but to mako
the load which BhaH
pnEAE THE moNopo1Y's nAcr?
A. railroad which buys lot Of back-country
roads md pair Of canajs in order to get one
Btem Of 90 miles from Now York to Phiadolphia,
and, getting thero, turns back and builds iron
ships on ITO Dcld,oara ut double Clyde rates
(theroby cheating itself OF 90 miles trnnHporta-
ton. ana adding to tho GAME 200 milos Of
soa-etonming), md which finally loses the
Jersey monopoly, but turns about and lays a
third railroad acoross Jorsoy for revenge what
a marvel ia 1t Of queerness and greatness It
Jumps into bra1nble-bush and scratches out
both its eyes; but. when It soes those oyos to be
missing, it jumps into another end scratohca
them back.
q How is this to be explained, Mr.. Jones ?'
: We put this question at Jonea bccause he has
m On answer for everything. Mr. Jones sticks
Its to bo explained on tho theory Of
THE anoWTu OF THE COUNTRY.
ThiH country advances faster than expectation.
Just you shuty eyos anajump up omit, and, by
tho tino you drop, It's rovolved around and como
back to tho place you started from. That's the
reason so many lunatics ind gcoundrels hero aro
accounted to bo groat and sagacionB men. They
got oil tho benefit Of tho growth Of the country.
oAA01 2auCo AleoAAGA " Uuu1 u TAllTOAu,-
not to own one. Ho had no idon that tho Pacific
noad would ever pay anything as an enterprise,
but he BOT out to do the job Of bngging tho United
States subsidy. And air." said III. JonoB In
low and appalling terlns, "would you boioyo II.
that saw that thiek-hoaded old lnole woopIng
into his handkerchief, and telling his people how
they were trying to take his road away from him
Tho country had grown fastor than OnkeH Ames
and his gang could plnndor It, and tho Union
Pacific would now be paying piece OF property
II it had been built With the ordinary rates aud
stealago. And, to conclude" said Mr. Jones,
with wave Of both tilumbs, "the SCOTS belonJ,
to tho samo typol With nll their expansion,
totn-foolery, Intriguing, and borrowing, maybe
the country grow up to thcm, like the spidor's
web over tho cave OF Nlahomos, 10 that nobody II
suspect tho grent man inside to have been au
animated blunder all his daysl"
HOW MUCH CREDIT
is to be givon to the prominent railroad mon Of
our period, who shall say7 Jim Fisk had ein-
cerce admiration Tor Gould'a abilities as legiti-
mate railroad man, and lamonted that his eaaoa-
tiou aud superiority "in tho street !" took him
of from his limo Of capacity. Tho only rai1road
YNnr II, fhn NJ 81. 1T,