The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-10-12

street, Win Its splendid ofnceS lor PreSldeut,
Vice President, superintendent and otner oficers
was some evidence Of the principal ONCE. Let the
Tax Commissioners loo< TO 1t. the TRANSFER Office
GERS and directors live here and meet at the For
ty-second street depo, and let the question be
principal once is here. Let US know what the
amount Is taxed on the property, real and per-
where the tax Is pad on their Immense capital.
Let the taxpayers look 10 this. There Is no reason
why the millions on millions OF this road should
In reply to the charge Of ',lden being dent
f fed with railroad monopoly Il Is asserted 5.d
as attorney and counsel TO such employ
mel, ment mo no enc , could or has right to OBJ
torney or counsel OF railroads. his mathematical,
analytical and comprehensive mind attributed
to reading and considering the statutes OF the
several States from here to the Mississippi"
only to per s Anse ana
ttons," or Brlce on Ultra Vires." but he has been
q 1e IN sGn to Ssn
treal and from the Hudson to the Pacific Ocean.
lie is the great consohda.or and organizer OF the
railroad system. What kind OF professional adv-
ser has Tilden beens We win refer to only one OF
his proiesslona! acts. The country mas been
Congressional investigation - shows who or
ss OF sas uDon psnc oaa
When Cakes Ames was examined before the House
S Mo e s
violation OF law ~ He answered, .aThey were in
formed by counsel that this issuing OF stock az u
payment on the con tract for holding the road was
an entire compliance with the law" and he added
that Mr.. Samuel }. rtiden was one OF the counsel
OF LAWYER. He is to-day as much identl-
as vanderbilt or Thomas Scott Long before
Mark, TWAIN had presented Colonel Mulberry
Governor discovered that IL was the business OF
government TO make railroads, and that there
were "miltons In lt.n His business has been Tor
years to investigate and make q proper diagnosis
OF morlbund roads 70 ascertain their condition,
to 'h learn tne rr ans yas q
holders bondhoiders ana all parties interested in
insoiyent and s.ruggling corporations; to graduate
ioreclose the bonds, and generally to conclude by
scheme OF consolidation OF several small roads
into one grand colossal line. This could alone be
effected BY legislation, and It would be interesting
to know how many laws have been passed in New
Michigan. al Mr Tildens instigatton, especially
intended to advance the interests OF the corpora
Again we repeat, he is thoroughly identified with
| the system OF exclusive privileges. 1t is stated
pS1c dSsumsn any Que vl refer
Railroads. he Will ascertain how MIR. Tden IS con-
necled With railroads. Go into Wall street you
is such railroad as Pittsburg, Fort Wayne and
chicago; in that Tilden is director. Its liabili-
Lake Shore road, In which he again appears as =
director; according to the manual" this road has
gone INTO me nands OF receiver Inese iines are
1llden consists in the organization OF small roads
into mammoth monopOiies Jackson WAS appre-
hensive that $35 600 900 or capital In the United
states Bank was dangerous to the liberties OF the
people OF the Union. Is there no danger from TIL
! denis consolidation OF hundreds OF millions IN q
roads outside OF this State. Turn to our
| own Commonwealth and you ind the New YORK,
Boston ana Montreal Railroad, in which Tilden
is a director. This road IS made up OF q CONSOLE
| Plains and Albany and Harlem Extension. The
capital rs $4,000 oo0 Its total liabilities are over
$50 000, 600 It's stated in "VernOn'a Manual, that
the managers are peculiarly interested In the
Central Vermont road. Among the roads alb
nothing more or less than the consolidation OF
the Lebanon Springs Railroad with the Benning-
much the holders OF the bonds OF the Vermont
section OF the route obtained after the foreclosure
the e' consolldation with which Mden is ident,hed.
This new organization passes from New York
through Messcnester p ,an putcness ana co,
our State, and IL Is Q striking piece OF evidence
that every delegate from these counties voted Tor
| Tllden's nomination IN the Liberal Convention.
| The only question remains to be answered Is,
WIN the dislnterested people ratify the railroad
me politicians cry out that in the present con-
test the questions are the ameiioraton OF the
dition Of the southern States and the third term
OF Grant, These are mere pretexts Tor the conceal
ment OF the designs Of railroad kings. 1t IS time
city ian ana state. viii anyone inquire now mnus
| the city OF New York and the owners Of property
received rom the Central Railroad for the conns.
property In the vicinity OF Forty.second street
depors TO day the city is endeavoring to defeat q
citizens OF this metropolis for the private advan-
tage OF the stockholders Of the central road.
Central road for making at Tooth street eat
a cattle yard Tor the roads Why were the avenues
e ~ Wa cen d
| DO the people OF this city know that on the west
side the city "a, new new WITH
streets ana avenues are to be closed up for their
beneft9 Let us watch and see how much the tax
been for years used more Tor the railroads than
Tor the citizens. NOT only the city, but the State,
10 Mr.. Prince, member OF the Assembly, it ap.
| pears that the statistics c0ected on the subject
81 county and town bonding by sne conssisu onaI
which amazed even those best informed One
! city (Poughkeepste) was found to be bonded for
| 81 per cent OF its entire assessed valuation;
Oswsgo ior q per cent; Brooklyn, yinghamton
and Utica for Is to 1sh per cent In the counties
lent the aggregates OF Indebtedness were start
ling Thus IN Ulster 1t reached "a Gle per cent OF
q
/ the total unpaid amount issued by the towns,
cities and villages in aid Of railroads was found TO
| be $26,946, 662 In certain towns the bonded In
| debtedness was so large as to amount almost to
! conhscation.
1t Is time that the audacity OF the railroad mon
| opoly and Its interference with pOltlcs should be
| reDuked BY the independents and disnterested
| voters These corporations may be able to pur-
| chase members OF Congress and OF Legislatures
| but the people are not to be bought, and, II
aroused, they will refuse to allow the moneyed
power to seize the executive authority OF TINS
/ State. The people have not yet lost their man.
| hood or their Integrity They are not yet ready
| to become the vassals OF the railroad barons.
There is struggle arising IN this State ana In the
country generally between capital and labor.
! When that comes the true democracy will be
found granting to capital the same favor which is
| granted to labor, and nothing more. An arls
tOcracy which points TO its money bags can have
no hold on the American people.
Plutocracy cannot exist here. The success OF
Governor Booth In California over the railroad
consptrators Is the first triumph OF true principles.
II Is the first step In the deliverance OF the masses
from the tyranny OF railroad monopoly. The
democracy OF Nevada in their late Convention
proclaimed their opposition to massed capital