, 1874-07-08
The Illinois Central Expected to Do
Likewise.
The Wisconsin Suits to Go Up to the
United States Supreme Court.
Results of the GrcAt Western
Railway Investigation.
Now Suits Instituted Against jay Gould
by tb, Eric Management.


THE IOWA RAILROAD LAW.
TIE CHICAGO, BURLINGTON QUINCY FOLLOWS
SUIT.
Since tho decision IN the Wisconsin Railroad
LAW haa been rendered, there sconH to be
general disposition on tho part Of our railroad
companies to comply with tho Iowa lav, as
matter Of experiment. and to provo to the pub
lie that tho now arrangement will not work for
any length Of time, the cases already In the
courss boiug deo1ued sufficient to test tho con-
etitutionality Of oil tho laws. Tie action on tho
part of the Chicago, Rock Island d Pacific and
tho Chicago l. Northwestern Railroads was iml-
tatea yesterday by tho Chicago, Burlington i
Quincy naltoad Company, President Walker
statiug to TRIBUNE ropoltor yesterday that tho
rates TINT viii DO adopted by. hts road
will bo n substantial compliance With the 1a~.
There wero some Of its provisions which could not
be complied with, but no chance would be given
to tho people to complain Of Injustice. preAi.
dent Walker HaYs he is not ietter-writer, and
ho would therefore not initiate the example Of
tho otlor roada in whiting letters to the Gov
ernorH.
Tho President and General Solicitor Of the
Illinois Central Railroad were III consultation
all day yesterday III regard to tho Same matter,
aud it IL belfovod that they also will decide to
nbldo By the law.
PRESIDENT HEEr's LETTER.
Tho following III tho letter Of President Keep,
Of the Northwestern Railroad, to tho Governor
Of Iowa, Of which mentfon was made In yoster-
days Tn1nuNE:
T Sc yfs e. g i,rsss dose
en Of Town. received Friday night II appears
thor EARNINGS. M haye Seen pAsea IL cass nnd
subjected to the lowest rates Of freight and fare Bpec
fed IN tho net. There aso four roada In iowa
tbs stanwool 4 Tirton Railway, which is only az
ea long, tho total reccipta Of which layo paid
the operating expenses and tho cost Of maintaining
lie road s,nsa constsucsso Without paying nv
terttt upon a bonds given for its construction or
The Iowa Midiand hallway, tho total ca.nlngs Of
Which road were insuilleent to pay jts operating
aud he fGs Of ,a o e 5 % the
tne net oss to tlia Company by tho operation Ut tho
gAe Chicago, Iowa Nebsaskn Isasroad Is leasoa to
4bis Company, aud Nrcentago Of tAo gross earnnsa
Is pa!d to the lcssors rent Tie opuraton Of this
road under tho most careful management for the yesr
1a73 Inns resulted In the net loss 10 this Company Of
x240408a tho cost Of operating s road mud Of keep
ing tho sane N repair tue rent pad to the iesaors
earnings Of tho road during tas yoar by ths nonn.
The Cedar Rapids b Missouri River Riilroal Ia also
operated by hs Company undor Lease, and h.s been
opotate1 BY this CompAny at Al actual loas for the
Sear 1879 Of $!ss, ,819.g2.
This Company respectfully protects that the oct uu-
der which this classification Ia n.ude, by which tile
1ows Midland naIlway-which is operated at loss,
nna has never pnl do}tnr to a htockhndcra-ia re-
Qur0l be operatod for loss compensation by 90 per
greator than the receipts At this r.s Ii violation Of
tue Constitution Of 1owa aud not binding upon this
Company.
Tho rates xcd in tbs Aoi Of March a. 1874 are from
81 to 10 per cent loss tAuu the ratios which aye been
charged by this Company fur the year 1873. aud under
which tho results above specified have boeu obtained.
Thia compauy respectfully neists that the IeBsIa-
ture OF Iowa And no constitutional right to paBs
act requiring tha Company to operate its rolda aud
nc roads leased ~ At 30 great a absolute ioss thus
vrsualy colscattng s property anu, believing thAt
tie peoru OF Town would not rere.rate act IF u-
justice rinuus to this Company and damaging in i,a
relts to tdemselvcs Il thoy understood and believed
til Va ia as 1t is the Intention Ut this Con-
rauy for the reAent to operate is roads upon tie rae8
n1ed III Tue aw for such length Of time III will dcmon-
ssae the absolute In justice Of thcse raea and u order
tint Its Ft9hts may bs preserved, It proeas thut
Of tho terms or proys,ons Of aaid accepea by
tia oompany, nor ~ thus Company bound W sad act
btcalla8 tile sanle Inns constitutional validity,
n regard to the roads leaaed by this Company, It
Will not attempt In any manner to affect thu rights Of
tho esaora Of Bad road by it, action, or to b!,1 said
lsssors by anything may do In ne promises, leaving
the sad Chicago, InwA h Nebraska Railroad Company
4ud the satd cedar Napla Missouri River lsatlroui
Company to dsternue wholly for themselves what
action, any, they ay deem 1t proper to take to pro-
tect their interests njuEously Hsctud by said uct,
Very respectfully, ALnEnr KEEP President,
CHICAGO, July 0, 1874.