Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1874-08-26

and your nomination is assured To
avoid being made Park Commission
er-as General Meade and J Edgar
Thompson were, both of whom died
soon after their appointment-Han-
cock took the advice of his friends and
made his home in New York.
CHEAP TRANSPORTATION W
As this subject must necessarily en-
gross, for the next decade, the. atten-
ton of the grain producer Of the West,
and the hungry poor Of the East, !
shall frequently alludo TO the matter;
if for no other reason than to endeavor
to point out why it is that while the
workingmen of the largcseaboard cities
are becoming year after year, more
and more impoverished because of the
exorbitantly high prices paid for farm
produce, the farmer himself realizes
little benefit thereirom.
The three great highways for freight
traffic between tho West and the East
are the Erie railroad to Dunkirk, the
New York Central TO Chicago, and
the Pennsylvania line to Chicago
These three great companies are rep
resented by an aggregated capital, IN
stocks and bonds, of s376,2S5,5l1,
while the actual cost of construction
amounts to but $4,000, 900, which
leaves Sl9o,OoO,OOO as representing the
A. 4
amount OF money stolen and squander-
ed under our JIM FISK system oil rall-
road management,
First class railroad companies are
expected TO pay an annual average
dividend oi ~ per cent upon the iull
capital, regardless Of. what 1t represents
ten per cent. upon the excess OF capital
over actual cost OF construction OF
these three roads only IS slaoVo,ooV'
In order to realize TINS sum these INES
must earn Soo,Vooiooo each year ana
TINS latter amount IS what the com
mercc between the Two sections must
annually contribute IN order 70 pay a
dividend upon sl'oiooo'ooV oi ir'ludu-
zen. capital -.
Inc COS. OF carrying gram rom Shi-
cago 70 rhiiaueipil'a or new ork, Is
ABOUT 90 cents per oushei, therefore
assuming Una, 'ne impoyerisneu worh- *
ing men oil the East must pay moiety
oi TINS grand dividend II would require
,he i transportation oi ao,ooo'Vvo p1sn, So.
in order 10 realize n profit sufficiently
large to pay 10 per cent. dividend
upon one half Of sl9,5OO,000. Reduce
that quantity of grain TO barrels OF
flour and were il not for that excess OF
stock over actual cost every barrel Of
flour consumed in New York, Philadel.
phia and Boston would be furnished to
the consumer at So 90 per barrel less
than now. The same rule applies to
the farming implements, wearing APP
parcl, sugars, cofices and etc. carried
West.
In view of the fact that the Penn
sylyania line has been authorized by a
recent act of Assembly to add sT5. 900,
900 to its capital stock It is scarcely
probable that tho murmurs Of discon-
tent that are now swelling in the
West to storm Of popular Indignation,
and which will find a responsive echo
in the East, will find any cause for
abatement in that act of Assembly, or
that proposed increase of capital.
,v,,c,v sr,,,,su,,s
'
are .he people OF 'h's nation aware
Oh 'he iact that there is puV one i,ne OF
steamships uaVersihg 'ne A'laluo
ocean under inc pro'ecuoh oi 'ne
american nag ina' s,hS'c ihe o'
American steamers sali, or rather
swnuy steam from rhi,ade'pnia 70
Liverpool they are owheu py Ameri-
can ci'lhchs pun. oi A'nciloa'l nna'er''
|" coih'nahueu ny A'neric"', so''','oh'
ana carry tne prouuc's oi american
ihuussry win 'ho su'r spa,gic" oan-
her noatlng prouu'y over SNIP cargo
sesmeh ana passengers
Inc names OF tne vessels comprising
I'M, ,nls american nm, l,no are ielhsy'va'la,
ONO, INDIANA limos, aoootsioru ana
henhiiwortn' assuming 'ha' .ns.I
rates ior passenger anu ire'Snt 'r",nc
are as low as 'hoSe hncs s,,llng under
inc protectoh OF ioreigh n"gs u oc,
ours 70 me ,na' lne priue o' plr.n aho
country wouiu ,, l'eeessariiy ,,ssy cause % %.hc
occan-,raVonng puDnc 70 give ,n's l'no
preicrchco o,er an o'ne'r' - 'ilel'
rates are hlgher anu thcir accomno'
unions less coihior'ap'e' 'hey hre no'
deserving OF cons'ueraion pu' every,
,n'ng pe,ng elu''i WIN io.c'gn ''''os,
started his line deserve tbe encour.
arement of American citizens. ! sug-
gest however that the two last named
vessels be changed 10 New Jersey and
Delaware.
The Caledonian Club of this city is
made up of Scotchmcn, and American
citizens of Scottish descent they are
now engaged in making preparations
for a grand international gathering,
hcre in this city during the Centen.
NAL, ofthe Scotch Clubs Of this country
Canada and Europe. A letter has
been received from Sir James Hamil.
ton, son of the Duke of Argyle, who
states that the Grand Club OF Scotland
will come over In that event the