Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-03-05
THE RAILROADS.
Diamond Cut Diamond.

4
Diamond Cut Diamond.
| CLEVELAND, o., March A meeting
Of the stockholders of the Cleveland, Col
umbus, Crestline and Indiana Railway is
in progress here to-day. The contest be
tween the Lake Shore and the Atlantic and
Great Western interests is very sharp, and
it IS difficult to tell what the result will be,
althoHgh the representatives of the latter
claim thsS have the most votes. The Lake
Shore ballots have not yet been cast, it
having been thought advisable before noon
to make a change in the list Of proposed
directors. A pretty sharp discussion on the
affairs Of the company took place this
morning, during which the present manage
merit reflected somewhat severely on the
former nianageInent.
| LATER-Very nearly the entire capital
stock has been voted, being thirteen and
a half of fifteen million, the directors
elected having a majority of over a million.
Among them are gentlemen representing
both the Atlantic and Great Western and
the Lake Shore roads, and their election
gives very general satisfaction, as it is be-
lieved the road will be managed with
view to the promotion Of the interest Of the
stockholders and Of the public. There IS
to be no change among the officers.
TranscOntinenfal.
CHICAGO, March 4.-The freight agents
of the Union Pacific and Central Pacific
Railroads and of the Chicago roads have
finally agreed upon a basis Of prorating
freight, the charges for freight TO San Fran
cisco being divided among the companies in
proportion tc the length of the line. A
| paxr forfNf hot Cbiaaoo and G@.a Fran
cisco was drawn up, whose rates are much
| loyer than those Of previous schedules, as
the combination state they are determined,
ifpossible, to get the business of the Pacific
Mail Steamship Company.
A Novel strike-AII Incoming Trains
GObbIed-NO LiquOr Allowed
| WAvERLY, Y. Y, March All the
employees of the Lehigh Valley railway,
at this end Of the route, except the en-
gineerS, struck this morning. About $50
are cut at this point, where the movement
was initiated, and they have thus far cap
tured all the trains that have reached the
junction Of the Erie and Lehigh Valley
railroads. They switched the cars, set the
brakes and removed the brake wheels.
Everything was done quietly and in the
most orderly manner Early in the morn
1
the leaders TO sell no liquors to anyone en-
gagged in the strike, which request is scrJ-
pulous observed. At their headquarters at
the junction they fy
The Stars and Stripes,
which, with the immense breastwork of
cars, makes the place resemble a fortifica-
cation. The mails have nOl been detained.
The movement originating here, is extend
ing down the road, and it is reported that
it will reach the entire length of the road to-
morrow morning. The strike is for more
wages, the strikers claiming that the re-
| duction of their wages last December was
submitted to under the promise that as
soon as business revived in the spring
| their wages shoHld be restored again.
This they claim the company is unwilling
to do.
Parallel 4O-The Latest Big Railroad
| Project.
| SPRINGFIELD, H., March A cOnven-
tion of delegates from the States and Terri
tories along the 10th parallel of latitude,
net here to-day TO consider the subject Of
National railway along that parallel. Dele
gates were present from Ohio, Indiana,
| Illinois, Missouri, Kansas and the Territory
of Colorado. Gov. Beveridge, of Illinois,
made brief speech, expressing hearty SYM
pathy with its general objects. A perIna-
nent organization was effected by elect
ing ex-GOv. Palmer, of Illinois, President,
who spoke briefly Of the difficulty of settling
upon the best plan for cheap transportation.
| lie thought there was no royal road to
| solution Of the question which was not
! simply State or National but acontinen-
| tai question.
Col. T. J. Carter, of Illinois, compared
| the cost of water and railroad transporta-
I tiOn. The average cost per ton per mile by
rail is one cent; by river three-quarters of a
| cent; by canal Oae-half a cent; by the lakes
one-quarter, and on the ocean one-eighth Of
a cent. A belt of country along the line of
| the 4Qth parallel has none Of the benefits Of
water transportation. The design is to get
up a State organization and secure charter
| from the national government for railroad
| from the sea coast to the base Of the Rocky
Mountains. \ Committee on Resolutions
then submitted long series of resolutions.
The preamble to the resolutions declares
the undOUbted constitutional power of Con-
gTess to regulate interstate commerce, and
that its rights TO charter corporations neces-
sarv to carry into effect any of the powers
of the national government has been settled
by decisions of the Supreme Court of the
1 L
necessity for increased transportation IA
cilities between the West aud the seabOard,
and a uniform and cheaper tariff of freight
rates, not subject to daily changes under
the effects of competition. The preamble
further recites the fact that there are now
before Congress various bills and charters
| for roads from the seaboard TO the West,
! and asking Government aid in their con-
structiOn. and rs a line along the fortieth
parallel is, in the opinion of the convention,
the most just and equitable location for
such line of railway, therefore,
ReSOlred That the right Of transit over
any part Of territory OF the United States by
| post routes. railroads or canals, as avenues
| Of commerce, belongs to the United States
| government, and under all proper circum-
| stances and necessities it should exercise
that right by building such roads or canals,
or granting charters with such fixed maxi
mum rates and restrictions as may be
deemed necessary.
Resolved. that liberal commercial spirit
| should prevail between the different States
of the Union in granting reciprocal right of
way across their respective territories, and
such further legislation as may be required
| in the construction of a National line of
railway from the Atlantic seaboard central
through the Western States and Territories.
Resolved, that justice to the great pro
ducing States of the Mississippi Valley,
| and the best interests of the whole country
demands that the United States Govern
ment should grant such liberal legislation
as may be needful to secure the early and
speedy construction OF this great National
| railway, with two or more tracks, on or
near the central route of 10th parallel of
north latitude, from the Atlantic seaboard
through the Western States, with diverging
lines at proper points to the cities Of Cincin-
natl, St. Louis, Toledo and Chicago in the
West, and to the principal commercial cities
in the East on the Atlantic seabOard.
Resolved, that this Convention is fully
satisfied of the feasibility of great ma
tiOnal railway constructed as direct as pos
sible, and with as easy grades as practica-
Bile. on or near the fOrtieth parallel, north
latitude.from the Atlantic seaboard through
the capitals of the great States of Pennsyl-
vania, Ohio, Indiana and Illinois; thence,
crossing the Mississippi river a. the city OF
Quincy, H., the most western point on the
east bank of that river for its whole length;
and thence westward to the base of the
Rocky Mountains at the city of Denver,
| aIor,Jo. opd No faaI that the DpODle will