Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1876-09-28
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ouSneis beyond the combined uuanti-
ties OF the shipments of corn from New
York and Boston. Is not this startling
when compared with the de!usive
statements which have appeared in
New York Has not the strength
given by the economies of shipmeDt
and the geographical advantages of th.,
city of Baltimore and the strength of
the Baltimore and Ohio Railroad been
strongly demonstrated by the state of
things which they did not originate.
and which-they do not wish continued.
OF charging unremunerat We rates for
the transportation OF corn from the
West to the seabOard? The fact il
Baltimore has krrfst
AN IMPROBABLE POSITION.
1t is two hundred miles south of New
York, and its lines, on its own raraIIeI
reacn into this eorn-growing region,
ana tins eern must get to the. parallel
OF New York before the New York
central Koad can obtain it for transpor-
tation. Our lines being thus located,
have naturally attracted this corn. and
thus our trade has been built no unon a
spsten which injuries other Interests.
but which can neither crush nor dam.
age the business of Baltimora. Th;s
company mas spared no pains to meet
the present attitude Of competing lines
oy Careful attention to every economy
ef detail aud judicious management,
ana Dy protecting and promoting the
trade OF Baltimore. It has also con-
tlnued the employ ment OF as large for
ces as practicable. As the Baltimore
and Ohio Company has invested tbirty
four millions of its net earnings in lis
branch and connecting lines, and has
maintained this as u surplus fund not
represented either by stocks or bonds.
it is enabled readily, under even such
competition, to pay its usual half-year-
ly dividends of 5 per cent, on its capi.
tai stock Of s.. 900, 900. This is so small
as TO appear insignificant when compar
ed with the grand and enormous fig
ures of the New York Central and 9th.
er great lines. The conservative sys.
TEN SO long pursued by this Company
reversing and sharply contrasting with
that of many other lines which have
made large stock dividends, give il an
exceptional strength
TO MEET ALL EMERGENCIES
that may arise. The strange feature in
regard to the peesent reckless low rates
is that the Baltimore and Ohio and
other great lines are having pressed up
on them much more grain and other
traflc than they can promptly trans
port. 1t is unfortunate for the country,
and especially for those connecting
roads, that all the Eastern as well as
the western connections of The New
York Central Road and all the trunk
lines are made to suffer severe losses by
the unrenunerstive rates which have
been forced upon them by the New
York Central and Hudson River Rail-
road, whilst the Baltimore and Ohio
Company will doubtless continue to
pursue the course it has adopted in pro-
tecting its trade and interests. 1t re-
cognizes that the entire railway system
OF the United States and the business of
the whole country will be benefited
when the weaker as well as the streng-
er roads will have it in their power to
establish tariffs just to the public, rea-
sonable, and which will afford proper
net earnings to pay the interest on The
immense capital invested in these
necessary and most important works.
After the remarks of President Gar.
rett, the Board expressed its entire sat.
isiaction with the policy pursued and
the results obtained, and unanimously
adopted q resolution of approval, with
Instructions to maintain the policy
heretofore acted upon.
THE Cincinnati Enquirer has been as
variable in its views OF the propriety
Of calling OFT the State militia to pre-
serve order in the mining regions as it
has been in its opinions of Sam Tilden.
In recent issue it fiercely condemns
Gov. Hapes for having responded to
the call of the Democratic sheiffs of
Wayne and Stark counties for troops.
when, according to the statements Of
these sherifs, they were unable 10 pre-.
serve order without military assis-
lance. But about the time the sheriffs
made their call, the Enquirer was of a
iifferent mind. On the 5th of May,
'peaking of the strike in the Tusca-
'awas Valley, it said:
1t (the strike) was unfortunate In it.
eli, and particularly so because it led
o great deal of lawlessness, which
vas not sanctioned by q majority of the
trikers. 1t would have been better
the two parties could have arbitrated
heir claims, and come to some AMIGA
lie arrangement, as is the custom In
ome of the mining districts. But as
his seemed impossible, in the ysry
ature of things, the troubles could on
y end in one way, and thst was in es-
by the authority OF the
tate the rights of the owners of the
1ines to control their business affairs
4 their own way. That is one of the
1ings for which Governments are es-
.blished.
Again. on the 11th of May, the En-.
uirer said:
The Democratic party is, or should
2, the friend of the laboring men ev-
'ywhere, but the Democratic PARTY Is
Ot the friend of the murderOus mi
srs who are making war i'm Stark
'unty. When workingmen fail to Sc
ire good wages by ordinary persuasive
cans, they must seek other employ
ent. No man has a right to coerce
iother to employ him, and the man
no seeks by force and arms to keen
her men from working Is an outlaw,
I'd should be so treated. ...f
This was said about the time the En-
lirer was telling the truth about Til
IN, and was meant, no doubt, for a
,cere opinion. But now, having
rned the champion Of the sham re-
rmer, whom 1t denounced as 'hyp-
political swindIer,' it has
come suddenly sweet on the people
called 'murderous miners snd
,uldn't have them treated as OUT
vs. for the world.-O. s. Journal.
S
VIZ.