New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-11-16

mora the interest OF line to secure the freights OF
is pushing forward and enarging his enterprises as
last possible than to get the 1reightmg oi a. .
frequent shipments and TO the larger business
usual TO allow tempting drawback put tne ~
tenn in many respects injurious to both merchants
and railways The merchant also argued that the en-
largement Of the capacity OF the NeW-forK Ccna to
by addins double track. would have tenden0y, The
prevent the establishment OF excessive rates Dy ine
combination for the capacity OF that gsa NJ. he salts
lied with policy OF carrying on icduceu W. r,.
which too high rates would certainly b more than
transporting power OF the road VIII pe ncn nS non
doubled for tho freight trains can I've n.
the passenger tracks. ON which tne as to 60
around and ahead OF the slow freight trains Inc
agent OF the PENNSYLVANIA CentI s'.d nIa ' rilway
line with Gnadiupe track equal In CARVING oapaey
10 three separate Inc Sneaker approved OF the
attitude OF The Baltimore and ONO ROAD ~ M
fast freight lines such the Empire, Merchants LIS Ds
patcb Sc upon trunk roads, as he cOnsceree tnoi
Generally TO be nero parasites ana urgeu 'a' Sih
itte rings OF directors officers get the profits ana
the stockholders get no oenehl. nc sV
and 0Sto live aud the Intelligent and successful Efforts
Il Was making TO advance the Interests OF Baltimore
TALK WITH wM z. DODGE.
The Hon. VIM. L. Dodge OF the firm Of Phelps. Dodge
q Co.. said that he had not investigated the subject OF
the workings of the railway combination so fully as to
sne,k AT length on the subject The rates Of freight
SAID be- on The trunk lines both eastward and west
ward freight. have been very low for six or eight
months. aud don't how the railways could make
any profits at such rates. NewYOrk merchants could
not expect would remain so low. and are not
inclined to object combination that would MAINTAIN
uniform equitable rates. III place of so much disturb
there has been, but II the combination shows
DISPOSITION To advance rates 10 an ubreasohapio
extent. II would o. course meet with the strongest
opposition But don't think the combination eau De
ualntained ycry Ions, tor the interests or the trunk
lines not altogether III harmony, ana 90 hob tnluk
Baltimore and ONO road will work III harmony WIN
Tie combination Tor auy considerable tine III fa.es,
etc even II does 30 work now. The abolition OF the
.ystcm Of drawbacks by the combination may DO oil
benefit tire trOuOc the frank lines mas been Tess
with Graw5oC ks than with the independent ItISut
tonpauies--w ether they called Star, or Red,
Niic, or Hue what DOt-whch ran on tue tracks OF
tucsc lines and ate up the profits. The Baltimore ana
ono linc has always been opposed to sucD Orgalza-
nous IL las htd them on Its iine aud VIII not
lave them IL combination docs away vita them ~
vii do great WORK for the STOCKHOLDERS OF the rall
ways.
OTHER VIEWS.
Matthew Bunker, OF the extensive boot and shoe firm
Of Benedict, Hall Co., at No. 1876 Grandst. expressed
the opnoa that the combination would secure remunera-
i've rates TO trunk lines while at times rates had
Dcc so that tacy could hardly be remuneratiye to
The railroads. for instance during last Autumn The
rivalry between the companies caused cuting-under in
drawbacks freGhtS. wIlch gave the merchants the
advantage of TIE compciiton Mr. Bunker thought that
'VOri;sn TIE system OF drawbacks was not carried
~ for rs 10 especially injurious to the interests OF
trade. He hardly thought it probable that the COM
5acd lines wOuld carry Out measures seriously injurious
10 NcW-IUrI trade.
L. H. Thurbcr of the firm OF II. X. Thurber 4 Co. re-
marked that the subject OF most pressing import
Ance and demanded The most earnest attenloh Oh New
Ills views, he said, were In entire mar
Ony with those expressed ia the special report OF the
Committee OF the Cheap Transportation Association on
railway transportation and 10 that he referred his in
feet d OF the opinions Of many other NeW-1ork mer-
giants.