New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-11-18
tional then Messrs. McEnery and his asso-
ciates should s: once withdraw all pre-
tense 70 the government Of Louisiana.
4 NEW RAILROAD WAR.

the peOGie " NAoCOuo1A tAAAtA tAO SoAAA0ss"
corporations whose lines are laid on her
soil is in allegiance, awaiting the slow
action Of the higher courts. new issue
in the interest Of cheap transportation is
presented. The great artificial lines
from the West 70 the East, hitherto
almost united by common interest, are
about to enter into /: war Of annihiiation
on each other. There is no longer the
necessity for combination Tor grain
against the Mississippi and the Cult. 1t
now is question Of division OF spoil.
Having cut the Mississippi with the Eads
bridge the monopoi;sts find BIZ: two OBJ
stacles in the way Of absolute empire.
The first is q natural an:agonis:n Of
producers and merchants.
IT is now about year since the Sara.
:oga compact was formed. This was COM
posed Of delegates from the Atlantic and
Great Western, Cleveland. Columbus, Gin.
cinnat; and indianapolis. Lake Shore and
Michigan Southern, Great Western OF
Canada. Michigan Central. Detroit and
Milwaukee, Canada Southern. Toledo,
Wabash and Western. Indianapolis.
Bloomington and Western. indianapolis
and st. Louis. Terre Eause and Indian
apo!is. Ohio and Mississippi. Illinois Gem
trail, Pennsylvania Company, Pittsburg.
Cincinnati and st. Louis, Jacksonville.
Madison and Indianapolis. Cincinnati.
Hamilton and Dayton. Chicago. Bur!ins-
ton and Quincy. Chicago, Rock Island
and Pacific. Chicago and Northwestern,
Evansville and Charlottesville, Evansville,
Te.re Eaute and Chicago, indianapolis.
Peru and Chicago railway companies. and
such other companies as agreed to the
terms and signed the contract. They
were 70 be governed by commissioners,
who settled the rates. examined the papers
and books Of companies when they chose,
dismissed discbedien. officials. abolished
OF set up agencies, determined all dis.
putes on rates, and We're supported BY an
agreement Of each contracting line 20 en-.
force the terms On every connecting
branch by refusing all through bills from
such companies as refused 20 comply with
their terms.
The frs: runor Of such az unholy COM
me.cisl alliance startled every one inter-
es.ed in freight who was not connected
with q railroad, ard the opposition has
grown stronger and stronger. as the plan
has been further developed. 1t would be
almost powerless, however. if it were not
for an ally at first entirely unexpected.
Two immensely powerful lines have
had nothing to do with the combination.
The Grand Trunk railroad has not en-
tered into il. because its policy is opposed
TO all combinations. Yet. it was rumored
even this line would forget its traditions.
and had even already given in its
allegiance. But greater still holds out.
and will continue to do SO.
In the days when Gould and Fisk ma
nipulated Erie. and hundreds saw fortune
or ruin with each closing of the Exchange,
that road found strong supporters among
its patrons. Fluctuations might drive
men to suicide OK the asylum. make
widows and orphans and desolate houses
out Of happy homes. but the track was Of
steel and the trains carried freight swiftly.
English and American stockholders might
be swiEdled, but passengers got their
moneys worth. and though the stock lis:
and court reports told evil tales. they were
comfortable in the easy rolling palace
cars. Had Gould and Fisk been as hon
est to the owners Of the road IS the: were
70 the people, perhaps ore would still
lave lis nine millions and the other Lis
lie.
The Baltimore ana Ohio railroad has
.abored 20 do both, and has succeeded.
On no road is freight moved swifter, 0.
passengers better treated, and 70 road can
show such surplus. and none has given
such dividends. breaches tcSt. Louis and
Chicago. and its branches tap the most
profitable sources. Its grain trade is
doubling every year. Its European steam
ship lines are second only to the mos: su-
perior Of New York. It's two grain e!a.
vators, the smaller Of six hundred thou.
sand and the larger Of million a halt
bushels capacity, can load al! the vessels
that can lay in its nine docks faster than
they can receive or the cars deliver it.
Its credit in Europe. as proved By Its
S1O.Oo0.00O loan. is superior to any rail.
road in the world. I: sLor:ens the route
from Chicago sixty-dve miles, and from
st. Louis 23S miles. agains: the New York
Central road. It's earnings are one-seyentl
Of its total capital and funded debt. and
those 0; its competitors one-:en:h. Itpays
two dividends OF five per cent cash, and
its rivals vary from four per cen. scrip &c
nothing. 1t proposes TO merchants a
guarantee Of full delivery 0: goods.
1t is ready for the fight and with Dal:i.
more. with hopes Of rivalling the com.
bined Atlantic cities to back it. is liable
to win. 1t has just come gu. victorious owe,
the Pennsylvania Railroad Company. Il
j. succeeds Baltimore Will be the grea,
grain export city and cheap transporta.
ton Will have won victory. Blu: Il tie
Grand Trunk railroad las joined Tie
Saratoga combination i. will have 20 face
a most relentless and INSCRIPTIONS attack
on every point ant. q contest will begin Q,