, 1873-03-12

tho consequence Of that? Why, tho business
that VIC would othorsiso do at somo
thst we woud avo 10 charge business That ss. sot
tnatncd to uB something moro tlnn wo othor.
wiso could do It Mt. To further illustrate tIie
point will montio1 th9t tho Chicago. Burliug-
Missouri, alid thereby nseka to tliyort to llyi-
through this State to Chicago. % Is s''It L
not eloar that 1T: Louis and Now Orloans being
foady to DO ita utmost to draw off all tho buni.
local Illinois businosa at tho eame low ratos wo
had better lot tho lows business 90 to st. Louis,
Mlloroaa, II wo can bring 1t ovor tho Chicago.
buriington y Quincy at tho samo profit (ani t
woud We mention TINT TINT business ia ono-third
q au Of our b,.sineHR) it ia worry clear wo can 10
the husiness Of Illinois cheaper tlan tho whole
OF tho Iowa business was tnkon from us at tho
hlisassippi Rivor. This is ono grand roason Tor
the practical necessity Of discrimination. So
may. IN combination with tho Indianapolis,
bloomington Il Westorn, act it's ratio at Gatva al
tho lowest practical compensation pricen. II We
ore compelled to do oil businosa at m equally
low rate, wo Ind better surrender tho Galya
bnstnesa. Wc novor undertake to do business
without aome profit Whatever profit wo mako
Fooa to reduce tho profit that wo rot out Of the
business which must bo contributed to tho road.
Now, those arc the reasons why tho tariffs At
wholly within the State Of Illinois, and under It's
control absolutely forco tho businoas to be lono
at the low figure mentioned, and It had better
30 done at that low figure, commercially spoak-
' cannot DO i At At al. an I Toledo soeNs sSs
to draw off tho business to the
East. Ohicago Inns tho advantage Of tho lako,
and on tho-rnoro business that can be brought into
We can DO tho b!,sinosa from The points that @ aro
not junction points. at Bloomington thoro is n
road running directly to Toledo. The logisla-
tion Of this State should be framed 30 TINT tho
Chicago \ AGn md itnoia Central could DO
thinks TINT ratos Of tho Wabash Road would
DO, kept as thoy arc. I am inolinod
to think they would go up. I cannot conceive
Of my way 1n which Wo could nvuid recognizing
tho fact tlat Indiana ia on our eastorn border,
and Tint tho State Of Illinois must boar that In
mind in undertaking to establish uniform
tariff. II it It can bo tiono, for ono should 30
the Iailrond Commissioners would show some
way in which no can avoid theBo Determinations
they would rcIioyo my laborB nino-tonths.
Mr.. Newell was introduced. He spoke as fol-
lows:
I camo to Springfield to-day for the purpose Of
rnoottng the Committee informally and to reply
to such intorrogations as they might SEQ 1t to
put, in reference to tho aueation Of charges on
our line, and the determinations which arc said
to exist, and which do oxist, perhaps, to q very
considerable extont About coo Of the 764 miles Of
tho Illinois Central Ralroal is cut BIZ east and
wost lines connecting with the acaboard through
}1neians, Ind ohio, and 1 rennaylvania Mr Harris
tion at the competing points hayeouly to add
to bis re1narks that, on ono division of our limo,
re have seven or eight, and on tho othor nine Of
na thee tn SSnp'sng sgsotans lines which sdn ag0 tho ao
thirty miles, and compel in order to control tho
Chicago business, to mako tho samo rates vim
Chicago as are made directly by these COM
posing lines. These ratoa aro auch, during
most ct the ycar, that vory little proat ia n,ado
on tho business, and, consequently, at the iuter-
vening points, our rates are fleemod oxorbitantly
high. These rates produced net rovonue il
tho last year Of So per cont upon the whole
g, goo, 900, or IN income Of por cont upon tho
OF tho rule Of tho Inv Of 187l would reduce our
gross revenue from "a to 20 per cent, II re-
for the capitaf invested. III, cost cost Of tie
road has been nearly $4,000 d milo in money
actually expended. Tho reduction Of tariff
would, as have stated, entirely destroy the not
revenue Of the road to tho Stockholders, That
being tho caso the Railroad Company is unable,
IN making any reasonable returns on capital, to
to cease discrimination, and make tho rates uui-
FORM and It comes to this, whether we ehull
make uniform rate which shall, perhaps, DO
higher than they exist at tho present timo at in
poats hat i Seg 0te'S ths easo sc e9p'fs Te fes
th ais''us shs coasa hfns for an tho sFysw
OF pointing out tho dieront tarifa on tho dilrer-
ent lines, and the amount VIC arc obliged to
charge Oh in order to do any business on our lines.
The reduction asked would bo such az to ontire-
y destroy our revcnuo.. Perhaps these matters
can only be fully explained in a moro informal
msnnor, and will Say In o general way as fur
as tho principles governing tho matter are
concerned, I shall be prepared to roply
Committee at any tlmo to explain il detnil tho
oireots Of a non-diacriminating tariff.
Mr. Harris again came forward and said:
There aro aEo two points would like to men-
sion Of Massachusetts contains very oloar ox-
PLANTATION Of what has been practically worked
out. 1Ir. Adams, tho Chairman Of the Commits
eion, has boon member OF the Commission
during it's whole cxistence, and has worked most
diligently upon tho problem presented, as is uni
versal1y admitted, and though tho railroad torri-
tory Of Massachusetts Ia much smaller than I4i- !
noia, and more Homogeneous, ho states in au ar
gument that it is olear and cogent. that ho could
not solve the difficulty, mud that ia the only ro-
suit he could como to after the most Gligent in
vesttgation and earnest work in ondeavoring to
mike o bill to ombody tho whole subject. |
Railroads aro like other business. There IN
no regular ru1o By which tariff can 10
framed. I nover discovered any o1act principle
by which freight taritf ia constructed. No !
body pretenda that the way it is done ia porfect,
by any nloans; but it ia up to tho full wisdom
We hare yet learned, and if the legislation which
is finally established shall bo nude Of M inilax-
iblo character the difficulty will bo fur greater
than at present.
Mr. T. J. Carter formerly President Of tho
Great Western, Of 1llinniB. said ho was not con-
neoted with any railroad in tho State Mt present,
though he had boon at u formor period. Ho had
suggested to the members who presented tho |
constitutional provision to him before 1t was /!
adoptod that 1t would be difficult to fra,no lays
under it. Under the classification not |
tue joint receipts from passengers and |
freight aro mado tho baAs Of |
This was unfair to a pasaoucer-
road. which had to increase tho froight-rates to
compensate for the low passenger-ratoa. That
was an unjust discrimination. Tho freight ques- |
ton WAS very important. Railroad business was |
very much like other business, aud managers
cndeavored to conform tho rates to tho circum- |
dfnr ~ u t.. IT,, :.