, 1875-02-24
THE RAILROAD WAR.
aFECtAL FE1TUuE8 UF TIE CtINFL1uf.
!spettIi Correspondence Of The chleaao 1rshun

HaA A4Ah03 FtfhNtJ 0oH"p'SHet'"' ~s'o 10y ''-"'
eiai III sond,t,on ~ Az ayes to tLo DaltInoro L OHIO
1in,1road. Tbts IL the moro noticeable tnasuuch
~ ~ ~ .re;.n,l I II, p .ri.a 'e Of rrr.t ,ayantasss
It, therefore, Indicates tho prestige aud influence
which tho Baltimore 4 Ohio noad will obtain
when these dIsatlvantagcs aso removed. Tho
,,rnoort ,,,.nu, /. not ~ ancc,a, ,mnortance IN
Itself, pc'ng s'mp'y roneNA OF me s.fasgie o.
last ycar. and will probably DO terminated shortly
by similar accommodation OF interests. It's
niascs aro Interesting az tpdtcating tho respect
iuo si,,. ~ t,,o urc,t ,ntnron,sts n,1 TIM rnena
Nv 1''.'o ~ WV =. riI
nFo ot Succobs toas m@y w o@psossa " 'o"o"
thsir eforts. Some rovlaw OF occtlrfnncoa an-
toccdont 10 tho prcacue war will show how
1ur1AcAu,.g IL THE 1tosTil,ry
,,,..u .,,an, I'D viii ,cco,u. for lin ,,cas and
net"eeu ttols.' ana "l' w Hsas ".e
yiBor with which the present oonteht IL On
As IL frequently pointed ont. tue financial pol
Icy Of tho Baltimore 4 Ohio Road ia unique in
1"""4' ".',..sa -. x..,ros.n,oa !, t,,o utoc1,.
mehs u eAln'hHs 10 iop1 oHon'ou ~ 'uoe
holdelH BY somo coftil'cata OF ihaenteahess' sucn
III u stock subscription. In thls way 1t becomes
nm IucroaBo Of capItal on which dividends must
be- onr,lod, or. il other words. il IL railwnY
s.water'" Tia stoekhoItIers OF the baltimore l.
OHIO load contopt tnen,selyos with moderate
yoarly Iiy,,Iouds, aud Hurplus earnings 20 into
|rnrnyoneuts }|n Which facilitate aud cheapen
tiahsposlalo". III ~ te n,v s55,,roan" surn,us
eoe!s asHu9 ,s,an na'A San mn tiE1n .ri w.iicl
aitI,nuch productlye capltal, Ii q non-interost-
ooatNi8 nool: nv ,snsaaao1 rstrn ~ ti,cir
s,!, se.asn 1inaor uJ t,,o rnrv or t,n pnnnsvIvn.
atoh' tt.o n.;sP III. ynst ain, vouG i,ava
hrnn n,]dnr 10 capital nccouut, and IN obligation
Wouaa .'afT er,,a ueo.. ;"". ~ rairnn, ccnnomv
upon ,.,r,, ~ ~ f"anc,n noov Of Mr Garrett il
as. gyu Hdu md tho 5 % yalMe Of whic liz conion Of
II. f.omnn,rw dcmnnstratns wonjd 1nnny years
aan w Gu,nta5 ,..a,, on,,;iom ~, tGn '
'1." ~. M ", y,1 ~ CHEAP rn,ssro,
ao1ofioS w 1AA 1"nn1 r.r,nx 0f "" >''"'4@
,,,a ~, Ain ,,rs,vua ~ var structs t1oTn his
I,i' nsus o upon t she Of tu evsnt n tie
ssTs s 'o ,o,t .o y; ,,rnsent sdyauIaros in order
.oaIo tuS o' ~ -, sn sxartns sfsor Tia War
,,.a 81 ~, tt'a. aaae no1 ts tina tn nnIv railrna
standardization sou % to Washington was by tlo Wasi..
gt9m n,u nfnJn " iysa .a0 1or nro,,,ao In f. it
oarud S baor rotes 3or tho trasuortation Of
etsvu, =. nhn". a. ,thor rsirnnJ In tn cnnntrv.
s, and t3o % oo,Rtaut moyomet,f to aud from WASH.
nstom q sS sha %, csna sso potad
eououIous wers ,' frequently broon by he
through tao not,M1tn potuoa eomnot;,,c % nv
placed H. a. ,n,aias, ,r,u tirown snrraIv
snsopEa IN, s ndosI ~ H." pcnn."v.uia Ison fnat
~" s.u A~ee 80 =. .rrkn :, co,tj,nr,, n,,,
COMPANY. la utupt = Hn"u t'sr.i .,,n,',
nees01 fro ar.isbure to patnore md tua co
peteu railway se.gM ~ H. Ill., n.fu
o 81 ief aS patarav doaisous
more ,,nna Jnso py, iba ,Snnonoty Il enioyod
OF rnta.hhE .no 'a9nupoy "I ~ ~ ,,,,, :to,n
anu which Tue 1avea1a tna o. st ~ tap sra % nto
inaao necessary ~ ", .etnsGo t. 0u5ot usH
ti'foiEh arrangements WIN Luo - tta' ~.
Aoau u Woala h4t pess ue"qss - ~ W ,aMuay sv Y
baggage checkeu 1!o Lupus " ..aa sut 10y
Ia,la lnea oVos ~ tu, 1na ~, nSs ', .x1'.t
Jay lSss mat conaah s,isad M Iu1 ns "c Me
through ratce Woso es'ap"eaeu Do'"e'" H'"
YORK aaa "asnlhhson. .
1ls niTTka aSTHaoF'sM I a.. n,,,t-
batWcen the tannsylyanh !.oau a1au W. tsn1.
miro " ul!so hau lta oEie'u ~ to
consequent npou tsia epose eont!at'oe M " nna'ss
Several bfnRaes petWcen eio WV So'nlan.oaI
terminating ~ ono lnhtanee ~ M opeh r9Ettsle'
intensified tho ieeupg o. Acha!l!.y, a.iu 9ssoa' M
mluedscott upon BchefnG OF co'nlotsuoh NaRo,
leono IN 1'S iaaenl.uae. onu9s s husp'Is iis H.
Ha!llm9Ie d fosoAae N11EPAn H4a plIat.
aHtoMalhIy lochl f@uEo2o 1!o1a naltnnott
to rope's Crock, Oh ihe totonae inSct
with lateral branch to washington. nas. ~ y
l. xttn1I n