, 1874-07-29

IN uEQcI ~ uuueIhkAuA suo tAAukta t4AA13 ~
must ho borne in mind that the maximum rate
heretofore allowed By Law has heen cents per
milo. On nearly one-half tho roads 1t will be
seen that no reduction has bcc;s Nude, the rate
being loft al tho maximum !; cunts per milo.
The principal change il on the i. T. II: Division
Of the Milwaukee Il st. Paul noad, which is re-
luced from to cents per mile.
TIE ST. PAUL p1ONEER,
in commenting upon the new rAtea, eayH:
The Railroad Commissioners have found the task Of
Adjusug these rates 30 - to satisfy at once what
were assumed to ba the public e1pectstions on
othsr, one q insuporable lnsulty 10 ald them ii
ths task, thsy employed Mr. A. J. Mead Of alnneap-
5 aaa ss; ; ssss IT,
gently lAborinx fur months, With hi2 assistance, to
Sss 1s s 4, oeos s1s ssps soss saeP
t!al contradictory e1cmenta which wero represented in
Supposed to 10 implied in tbo legislation witeh ero-
oy Ss9e os no
and On the other BY 10 paliablo fact which ross u
sVa s and | ot heis ia invessaons Tat tegs i e no ra
ro.l IN this State with the exception Of those which
Chicago which la earning enough to pay le interest
Ths 1sa milwaukee, % st. Paul md wtnona l. st. Potter
lines In this State do not pay their Interest," but arc
supported by all the resourcea Of tho great ncs Of
which they feeders, but which they ARC heavy
sats-tho st. Paul i Raeino, tho Lake sapSorIor ~ /
1taaissipp', ths g. Paul Sioux City, the Sioux City
b st. Paul, and Houthcrn Munesoa-not one IL atlo
pay tts interest from ia earnings to make even
approach towards that reanlt And Of these roads
S u aeat es sa1 aS 4. dss 1 q IT,
mercy Of thar creditors, and other in tho hands
Of Receivers or are IL court responding to proceedings
1srssi cssstrophe hss Only been maintained Sy lsrse
aud huEdensons annus advances from tue pocke.s OF
lc chief local stockholders to make up the deficiency
i EHFu5nQH necessary to tho interest their
bonds Now. to reiico tbs rates .nd therefore. tbs
iii IL & s
local hays been exhausted In the Atrggls
to Ayod bankruptcy, and who are tmrerayey urgent-
them Is run teir roads At III, u simply to push them
headong the brink on whose edge thty have been
and ruin. To rcduca the rates OF such roada with
these inevitable staring them in tho face
ntcsi opprssioa. and y. ii i safs 10 e.y hit the
majority Of tbs Board ot that the ssprsme consldorn
IL. s nd nSSa 1s es .ss aet @
on these local lines should be reduced anyhow what
Cling companies-auu consequently the rates have
bee& reduced The reductions through the whole
u aa
though su,ctenty bssYy to ,l lsTgey Increase tie ~
lev lew bass under xh tsy are
they w hardly b appreciated . ny ae ssnsr panlie
ths Aemagogues and their fohowsss who have been
| peotinB dc Naalrosd Commissioners to accomplish
some miraculous "rsforn," whereby ratlroals in 4
arsely estto1 country could ba st leu rates than
| ths Nav York Central
| The freight schedules have also been coma
pletod, but hare not yot been printed. They
+! pEoVlds Tor considerable average reduction
| from the present local rates.
PASSENGER RATES.
] The Chicago d Northwestern and tho M!lWau-
ken S.. PAIL ui'lsai'roaan have decided to accept
| the no" passenger rates, Ia they ara about tie
| ARmo 10 they would have made them any way.
In regard to tho action OF .lle Chicago j. North
westera 40 to the new freight-tariif, President
Hoop could not yet give any information, al ho
| lad not received the now schedule when 10.
porter callod upon him yesterday Rfternoon,
Al far ~ can ha learned most OF tho roads In
Minnesota protest against tho reduction, but
1t IL probable alat They will al nevertheless
yield ready compliance NTH Tho requirements liz
ot tho uem schedule, whloh viii 60 into elteot on
ali tue roads In the Btass On ex about the 1gt Of
september.
! TMk WAN The Law WORKS.
Speefai ptkp4teA to fht Chltaso IffbunA
8T. PAuI, Mimi, July M.-The Btats Com
uissioness have mob yet puhaiahsd tho freight
rates. Tho rAflload mon ARE anxious to avoid
couniot, and arc aVaitlns thsm With laterest,