, 1874-11-24

1hs West has long been warning New York
City that sho must do something in order to ro-
t1in her commercial supremacy. Transporta-
ton utt1 the lakes and the Eric Canal Sas once
cl,,oap. II made the mottopolig. 1t is nov com.
r nratiyoly dear. yet tho morohauts of Now
fork havo seen tho great cango Of t!loir pros-
pority ceasiug to net without doing thug.
Thoy are now. however, sinking OF this leehargy.
They have become haf-conscious Of the fact
that grain is flowing from Chicago north Of tho,p
to Moutrca,. aud south OF thom to Philadelphia
and Baltimore. Doa:on tho, il looking long
ingly through tho 11ooaac Tunnel toward tho
graiu-iiolds Of Tie Northwest. Now York, brought.
fnco to faco with these facts, il beginning to re-
alze TINT hereafter eternal vigilance will be the
price Of tho control Of tho grain trade.
ntr. George n. Blanchard, ono of tho yjoo-
Presidents Of tho Eric, laB writte,, noteworthy
lettcr Oh cheap transportation to tho Produce
Exchange OF Eew York City. lie Processes to
present, in this, tho views of tho trunk Lines in
general. He aayB that, it the Exchange will put
in force a proper syHtem Of grading and inspect
Ing grain, tho roads will, without increasing
thoir customary charges, unload all grain from
their cars; guarantee tho quantities uuioaied;
allow four days boat storage; insure againat
marno risks for ton days; aud carry tho grain In
AgAtcrs to my point IN tho port. The roads will
not build elevators, because the storage and dis
.tributug boats will taIo their place, aud bo-
causo the steamships which carry tho bulk of
tho grain shipped to Liverpool will not 60 to
tho elevators To load, bul viii Insist ou tho
continuance Of tho Bystom OF loading by
lighters. Tic magnitude Of these otYara
str,ws tint tho railroads aro desperately
atlail, ana tho Produce Exchange's lenand
for still fl1rther concessions shows that tho
merchants ara bound to keep tho grain trado II
thew eau. Their interest ia tho mattor il roa1l y
far ereator than that Of tho roads. Tho Ponn-
sylsa.lia Central, which runs to New York, Ia
not at all anxious tor through froights beyond
phiinaolphla. 1t has elevators at the lattor city
| aud ownH a stoamsllp lluo plying botwoon It
and England. It la plainly to its htorost to stop
! the grain 1t carrios At Philadelphia. Tho Now
| yo1k Ccnttai docs q constantiy-incroasiug trado
| In .pnuootion with tho MasBaohusotts roads. 1t
| will do moro when the Hooaao Tunnel la In use.
II In,top thrlycs at the expense Of Now York
cit,. the Central will not loHo much, II any.
thing, by tho change. Tho Graud Trunk, Of
co.rso, is devoted to Montreal. Tho Eric,
wh,h, at arst sight, soons hound to New York
and is moro so. than any other road, has only te
tults up tho ba nkrupt Boston, Hartford i Erit
IN erder to sh .ro Doatou'a Promise Of prosperity
Til, Quo trans portation-lino Oh which the mo
tropolls oau r. iy with abaoluta certainty ia th'
Ero Canul. Now York will ilnd III this tho Ito.
to tho 1itlloul y. Now tint tho people hav'
ad,pted tho an .ondment iega1zing the abandon
uent Of tho lateral oa1,alB. tho surplus fund
OF tho Eric, which AGya hitherto been Bpent IL
keeping slcsa nseless dltehos open, will not b
NODDED. Thb high tolls caa 20 cut down. au
trtnsportati ha 10 Nav York by the lRkss sud til
cMA vii oaeo moro 10 ohoap. Quo Of IL