National Republican. (Washington City (D.C.)) 1872-1888, 1875-03-29
NEW YORK CANAL FRAUDS.

1t is little amusing to see the ardor with
which Jay Gould's paper the Tribune, at
lacks the alleged canal frauds of New
York, while ii has no word of condemna-
ton for the continual, incessant frauds per-
petrated upon the people by the railway
monopolies, amounting to many millions
annually. In the one case the tax is levied
upon the people legitimately by State
authority, while in the other the monopo-
lies levy it upon the producers and con-
sumers in the shape of exorbitant freights
to swell the dividends of Jay Gould & Co
The canals have done more to cheaper
transportation and the price of bread and
cost Of living than all the railways CON-
biDed They are now stumbling block
in the way of the railway monopohes.
With them On the North, and the Baltimore
and Ohio railway on the South, Gould and
his confederates are somewhat curbed in
their extortions. Hence this "hue and
cry against the New York canals, The
monopolies are making tool of Governor
Tilden to assist them in breaking down the
canals, in order that they may raise the
price of bread by increasing the freights on
grain. He fancies it will be popular with
the people, because the New York press
backs him up. But he should know that
these great dailies are now, with perhaps
single exception, subsidized in one way or
another by the monopolists. Their money
columns are always either quilting or
bearing" stocks for an interest as the
managers Of the ."corners' may dictate.
The canals have no stocks to gamble in,
They afford no chance for speculation.
Who ever heard. Of getting up a corner
in canal stock? But the canals belong to
the people at large, and therefore naturally
incur the hate of these spectators, and
because they can find no chance to gamble
in them, they are determined to control
their management through the Governor or
ruin them entirely. - a.i" ''.''
Governor Tilden makes the charges of
fraud and then asks that they may be in
vestigated by committee selected by him.
self He proposes to be both prosecutor
and Judge. He is to be the anti.cheap-
transportation candidate for the Presidency
in 1876. To obtain the favor of the railway
monopolies he has aimed death-blow to
the canals. The Tribune naturally becomes
his organ. Being controlled by the combi
nation which recently grasped the entire
steam transportation line from New York
TO China and Japan, that organ is now
ready 10 play any tune which will tickle
the fancy or further the interests of that
| immense money mower. The acknowledged
organ of an unscrupulous combination rep.
resenting upwards Of two hundred millions
OF active capital, there is scarcely any limit
to its assumption of knowledge and power,
and its show Of arrogance. The Tribune
may safely be counted upon under its PIES
ent managementto do anything itsowners
bid, provided it does not damage the repu-
tation of its editor, in chief with the Lo.'
fuses, " nor debar him the privilege of asso.
citation with gentlemen. "a a.-5I
| lis late conduct towards the high officials
| ofthis Government and the District shows
plainly that IT is alike destitute of principle
and decent regard for the truth of its state.
ments. Its principles would have been
those of Ar. Orion and the Western Union
monopoly but for the fact that Jay Gould
made higher bid for it to advocate the
subsidies and defend the atrocities Of the
Union Pacific and Pacific Mail combination
which he has since effected, partially
through its influence. ,5r1a s ~
Is it not amusing to see the great New
York dailies pitch into the poor State