, 1874-11-24
Iettqr Of tho Vitc-Prcsilent:r Of tho Eric
Railway to tho ::New. York Pro- '
:. dnco Exchange.
A Review ,oc the Questions Mt Issue b..
tween tho Now York Merchants
mud tho Railways. ="
prosont Cost Of Grain-Eandline md
Lighterago-.-Th ultinntun Of
tho Railways.

Is wrtlton III answer to tho uaorityroport OF tho
Committee appointed by tho Exchange Bomc
weolB ago, whioh report, II will 10 remembered,
was adopted by tho Exchange in preference to
tho QUO aignod bytho nm }orityoe tho sa1no Com
nlitfoe. 11r. Blanchard, as will bo soon, a1hcrcs
substantially to tho sdo Of tito raittopds and in
tin,atua protty plainly that ,any f1lrtlier oonccs-
eiona On thcir;;part arc not, o,bc loohod for:
NEw roRK. NOV. 10, 1874.
Silt Tho arguments presented by tho three trunk
Ns% iSsa sas sSssy sspefa ea T.
general in,creas, dceod ovcry nc,nGer Of Goh con,s
uFreed pan ot July IL, islt your Exchange for its
Notwithstanding this exceptional unanimity Of those
Of your members WHO gave tlo question tho closest
meeting Of tho oh lns adoptea tho maority, report
81 ths slnEe person u lnth COMMITTEES WHO ds-
Sss I n u sn
dissenting fro,1 it, for tho following reasons:
ttTstit presen,a onlysuch portions Of tho railway
Few ID 1t w5ahea to qnoo for attack or avcr60 cllu
eitm, mud ts, therefore. unjust to your carriers.
seeond-1t Quilts the essential e!cn1rnts IN such a
pnncr Of impartial presentation Of facts: i8t
iaraon Of usasos hero aud elsewhere. aud equitable
mutual CONCESSIONS TO accomplish great mud much
IHird-is lacks tho impcrsoaa1 and judicial char
sweeping UNJUST nnd unsupported italieized auaiona
fe,pesfai dissent 1; aptoefauc" J" usurpstioa,a N
presents sna f9pnas ,, sosesens
than clear tho ssuc sueh tho estimate Of tho loal
vuluo Of tho schomo III Rayngs to she roads tho dy's
sraRe to ? liz ratways a liz scsaon Of of er o
icies aud power With Western companies, whom it
% Il e ss ssf bssn bxaHex S.sGsa With partisan COM
ne1lt y lis author and hna 1ecn urgo1 through Tho
commercial press, which, hcllaso, unfortunately for
eriou for the best nsrcsts Of tho grain talo Of this
city.
cliovtns, for these reasons, that TIC issue has been
tho conshlcrnions which decided their conclusions
md reeetye tho sanction oe both your Committees. In
viow and Ito grainforvardors Of tho Wost may Know
1t moto fully, anil have tho eyidcuce aud rcasona Of
tho fa!lure to accomplish niuell-ncetcd reforms in
h.ndling rail grai at New York nro MOST juaty at
trIbuta6o to tae trunk lines the New York Produce
ExchanSe.
! rcftT first to The question OF: grading.
Tlo railroad eomnonlss juafiy complain thas for
harasaei III deliveries with tho deiays, accitcnts aud
o ya nas o II ues
agents. tcyoiad tho control Of tho trunk lines, lrou
sed promiscuona optional dcltycrlcu NIL thc bar
bos, which the consguGcs also Insisted uron,-,n.
curing largo and unnecessary cxnuses to tho rail-
road cotnpanics. and OPERATING to c1nharrass tho
ssos wth hn mnnt = 81 od" ,vacs II ra
1isnestons sn grading u Now York asa the want Of
os tn Mos s ~ gs
we'll known,
For tfeso combined REASONS, cud to recovcr ami
retain Tho grain trade fur as practicable tic three
trunk lines urged tho udopiou Of syscin Of grades
tnIcmrnt tho Now Ynr.t protrc Egchanr, had hc.
foro fica 10 appreciate as thoy deserved that jEt
ceiyn,n ho successful rivalry of copo,nc cities and
nonTds of Trao of r. conesng acao1ta Ind ong ainoe
rec0ontzed conCcdcd mud acioj unon by cstabisAnc
jniloxjbo Eyaes Of excellence ind 9uay ,yhcl, EJyo
lin WcstcTn forwnrers staniarda II :snc. and tho
ucad Of ealcs sud purcpascs ny tho ysryap meIiun,
Of sanlplco.
a asss s and e q n9n %
was appointed 10 1isousa plans with tho represents.
tlycs 81 liz HaiIroad Companies. and during iYp Of
mara joiut couferenccs, axteuutna ovcr reriod ot
tSc dosering elevator vas ii no limo referred 10 y
s chsnRo. % Jirscy q "a Or retnotey. Tic land ultimately
c,ango fos ia ldopon aud by railroad o!eo7a to their
10 whien your ] attenton is inyitea: - s"'
!. TIC nppolntment of inepectors, to bo pa,d by
charge On 1he grain Il other eles In nou If lorlrr
sales by sanplsa At tho Exchange.
was and IL deardcd by evury Wiao consideration for
,Io 1raIn interess ii Naw Yor uuI should hays een
'os i.mo rinco Nv lin rojt,rn Ychanrc ns Nav yor,
i hS e ony ou0 Of tue four 'saOoafd cities "Aer0
nGs aniu iha minimum ouanti,v for M, o,,vcrv
Ss formerlv.
Dy the railways:
l. Tho payment for warehouse certificates, b!anls.
aha ipre norDo to or,no r,s no,, cr,, far ts, ,v,
s. ansrantecina weishts from tho Huson R,vor tc,,
mint Of iIc roaJs to delivery involving sunsrintend