, 1874-04-23
RAILROAD NEWS.

0NIEF FOE THE HCALfERB.
The announcement malo yesterday by the
Chicago l. Alton Railroad Company that on and
after May tho fare from Chicago to St. Louis
would be reduced from eli to $9 fell like q
bombshell among the soapors in this city. BY
this move they will lose d large share Of their
profits, as tho through rates from st. Aouis to
Now York arc not to bo changed. St. Louis has
boon the Eldorado for scalpers, for they could
make moro money on tickets purchased in TINT
city than an those bought anywhere elso. by
buying through tickets at st. Louis to Now
York for e27, they could sell tho coupon
from here to Now York at e22, making the prioo
OF the coupon from hero to st. LoniH only S.
whila regular ticKet coHt S11. Thus thoY wero
enabled to soil tickets from horo to st. Louis at
from ~ to 80, leaving them still q very hand-
some profit At tue llow rate, thoy can atlll un-
dcrsell tho railroads, but their profits mill bo
greatly shorn. Tho best nova on tho part OF
railroads to break up tho systom Of soalping
would bo to raduco tho passenger rates to Buch
q figure as to prevent scalpe1a from oompeting
with then1, and FIVE tho public tho benefit oi;the
Thus far all attempts on tho part Of tho 1ni-
roads to breals down the commission system
have been lofoated 4 recent attempt by tho
railroads Of the West tatled, through tho faith
In Pennsylvania, Mr. Scott, tho President OF tho
Pennsylvania Railroad Company, has succeeded
IN squolching the acalposa by putting law
through the Legislature making Il an o1fonso for
Of THO regular oslicos of the Company, and
Imposing a hoayy fine aa punishment.
similar law failed. 1n our Legislature law
roBentatiyo Hopkins, which also proved abort!ye.
Similar efforts 1naio in other States algnally
failed also. 1t il therefore not likely that the
attempt to break down the syatem by law will
ever be successful.
THE DANy1LLE ROAD.
An adjourned moellng OF rcal estate dealers
WAS held ut tho Office Of Kerr, Dawson l. Weloh,
cornor Of Lasalio and Madison streets,
fea tns pRSs' ~ tho e; aasss ms1g o o
Chicago, Danyillo l. yinco1iuoa Railroad
on Contract rel ao!iboratod upon TO- legal form
soon as tho proper blanka for naakng an asaign-
mont from the Chicago. Danvillo & Vinconi1ea
| to the Chicago x Houthorp Railway Company
arrive from Now York, tho contracts Will ba
| signed by both partioa.
TIE M1NNEHoTA nA'LnoAps VIII, CONFORM TO THE
LAw-CoNp1T1oS OF THE 81. PAUL. i PACIFIC
| NORTHERN ExTENsIoN.
S5'eetat Dtspaeh to ]; "a. & ehtfaqo Trt1nns.
tivos Of tho milwaukee, L st, Paul nailroad, and
several railroads ontiroy in tho atate, bud q
! consultation to-day with the Rairoal Commits
sonora. and expressed tloir INTUITION to submit
TO fnG nlllnGHQLM 1tAllIuAu 4AW. Cuu uuGdtloll VI
| tho construction of tho law, however, remainet
undecided Whether tho regulations as to rutoa
will apply to oontraots for fro:ght carried beyond
| tho Slate line.
Unlor tho State law Of last wnter, oronting q
lion upon lantlB apportalulng to the 81. Paul
| Il Pacific Northern Extension Lines, Receiver
Earloy today tiloA specific and gonoral donials
with tho Governor Us to NIL tho llabllltioH
for construction and material claims tilcd,
| amounting to 57G7,957, including ono. by
DaCraff h Co. for @Go4, ,408. Untor tho law,
claimants must commence suit within aixly
days, and, If they recover, Elk months
aftor judgment Ia allowed for payment. This
III oxpeutoa to oarry the matter over till after tho
meeting Of tho next Legislature. Failing to
Beonro rollof tllore, tho Dutch bo.dholdors, who
claim thoy haYa onoo furnished money for the
payment Of those same claims, and expect With
III sllort ttme to take full posaaBaion of tho st..
| Paul Il pacItio lines a,,d extensiorH will abandon
building tho DraiAord Extol,Hion, mud CONNECT
| with part OF tho ht. Vluoent Extension, already
| completed from tho main limo ut ltrookiDrilge,
tins Harrondorng the extension laud-grantH for
tho iuconplotod portion.
Tile bonuholders atd Ileceiver are advised they
Gun bold lands a'ready acln!rol OIL tho st. Vim.
cent oxtonsi0n. for which l,atents will saon iBHue,
and that tue Qolralf Lo1l Inv will ba yoid ali to
them. ThoIr euginoora estimate thut tho com.
plotiun OF tue Two extension linoH will cost
e4,o00,ooo. making the lands acoruing thcroto