The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-05-12
VANDERBILT AND GARRETT
BALTIMORE STEALING THE GRAIN
TRADE or NEW YORK.

nts Of New York will Uphold hiw.
While the shortest route from Chicago
20 Baltimore, via Wheeling, Is 905 miles, the
shortest route from Chicago to New York. via
tho Michigan Southern, Cleveland and Toledo
Cleveland and Erie, Lake Shore, New York Cen
trai and Hudson River Railroads, IA ess miles.
Thus baltimore has the shorter route by eighty
three miles.
by reason Of this shorter route, the u fillmore
and Ohio Il .ilroad Company claims to be able to
carry Western products TO the seaboard at Bal
timore at rates icss than those Of tho New York
trunk roads, the Erie and Central, between Chit
osvo and New York. In all the 80 called com
binations, agreements and compacts between
the four great trunk roads, this claim has been
conceded by tho Erie aud Central, both to tho
Ohio and Baltimore and the Pennsylvania Cen
trail The schedule OF rates has always been
nxcd on a mileage basis by which the Baltimore
and Onto werc allowed to carry grain at nve
cents per one hundred pounds less than tho
New York roads. This was Of itself an enor-
nous advantage. Further, the Baltimore and
Ohio and Pennsylvania Railroad Companies fur
nlshed. IN Philadclphia and Baltimore. une.
oualled terminal facilities to attract and foster
the export ain trade. Lines of stcamsuips
were likewise established from Baltimore and
Philadelphia to Europe, thus making an outlet
Tor the corn and wheat Of the West. A reb.tc
grain shipped from baltimore and Phil dclphia
WIS allowed ~ the Baltimore and ohio and
Pennsylvania Centr Railroads M IN additional
Involvement to shippers over their lines.
SOMETHING NEW YORK NEEDS.
The system Of terminal facilities nt Locust
Point IL Baltimore h1rbor. bv which grain and
other Western produce, whether inten ed for
foreign shipment or domestic distribution,
h. ndlcd ut the least possible cost. cannot be
in New York constitute so severe tax on tho
merchants are. as far Hs practicable. done away
viii ,hT. be seem tSa the New York merchants
are, OF have been, heavily handicapped In the
race for the traffic uf the West.
The contracts and agreements between
the great trunk lines, liking rates from
Chicago TO the seaboard on a mileage
the commerce OF New York. In fact they have
done more than ANYTHING else to build up the
ports Of baltimore in 1876 amounted tn 2975,266
bushels, being an increase of very nearly three
II the sum OF the charges on wheat from
Chicago TO- Liverpool e lower via Baltimore
hs NOT sra "ny nov IN S
should be specifically guarded against. New
York should encoursge no settlement OF the
result to It's commerce. She should make no
concessions which Offset her natural advantages.
New York is much nearer Liverpool than Baltl-
more. The eighty three miles which gained
between Chic9go and Baltimore cannot make up
for the long $ II down the Cnesar cake to reach
the capes and the necessary stretch north out
side the cnpes.
cutting OF rates by the Grand Trunk Is the
cause Of the present railroad dificultles and the
son River r. ilroad Company from the compact
OF March such Is not the case. The evil is
Baltimore and Ohio has long been considered
an able and shrewd railway manager. He has
ruled his board; their susserviency to his views
and cchcessions TO his wishes being well known
IN baltimore. He has Of late years repeatedly
and publicly av,wed his policy Of diyertinc trade
and travel from New York, and has bent all his
energies to its ACCOMPLISHMENT II he claims
such concessions on rates 70 and from Baltimore
that city, he OF New York X VITA ria sS 10
one accord. support their carriers In resisting
,Ic n, claims Snd PROMPTLY meeting such rates.
Oh our merchants To adopt this course.
LOCAL FREIGHTs.
Under the compact OF March 2 the table Of
shMed Sew Yar s'e a Hf S
Baltimore ns STEADILY went ahead-in a word
was not shipped tn THIS centre. For the week
ending April {, 1876, the receipts OF corn were
s se 100 400 en.hels
10 point Of fact this was for New York aud
the New York Central and Hudson River road
an almost totsl loss OF business The President
Railroad COMPANY gave notice OF the Withdrawal
OF his road from the compact OF March 2. The
by the great increase in New York freghts dur
Ing the last month, an increase which ia grow
bound freight FROM Chicago TO New York. MIR.
Vanderbilt Is al present entirely untrammelled'
and consults only his Western connections He
believes that with fair competition lie carry
a. much or more than any Other line.
The New YORK Centra i. with four tracks.
lighter locomotives. which can draw larger lolos
than those OF rival ROADS. and AN economical adj
ministration. will undertake to haui a bushel Of
grain from Chicago 10 New YORK at the same
price and In the same time that IL can ne haulcd
route by the Baltimore and Ohio Railroad Com
pany. With better facilities for eXoort ,tion
and cheaper oce9n freight rates at this centre,
MAJ A.sFE 10 .T.Fr a
freights.
10 connection with this sut1sct, II must he re-
membered that the mammoth grail elevating
store house which the New York Central and
Hudson River railroad Colnosny are now erect.
running from West Fifty eighth TO West SIX
ueth street, is % he completed and ready for
use by the lst Of November next. II will tie OF a
capacity OF l,5c.0j0 bushels. The gram Is TO b.
Deposited In bins 10y means OF twent, elevators
received In toe building from cars running into
the lower portion Of 1t aud from canal boats,
and VII be stored for delivery to ocean steam
completed fully equal to those at Locust Point,
IN Baltimore harDor.
NEW YORK WAKING Up.
with uniform rates from Chicago TO New
york, Philadelphia, aud baltimore, New York
WILL on the completion of the Vanderbilt Gle
Eators. most undoubtedly regain that portion Of
her grain trade winch ms been diverted TO rival
cities. Z he New York merchants are in full
wmpathv with the action taken by the New
York Central and Hudson River Railroad COM
}any, and only regret that the Erie and Receiver
'cNtlt we're npl from the START ngutlnR on the
ZANE side snd for the same cause AS Commo-
aore Vanderbilt.
A il row understood, the managers OF our
trunk lines have NJ last decide that rates 10
New YORK from the West shall he as low those
% any seanoard city. In this decision the mer-
ihhnts OF New York will by every means Ia their
power uphold them.
ANY permanent adjustment of the pending
controversy must equit tbly recognize the laims
~ capital, trade and geography. New York
lshhot a1ofd 10 encourage a settlement any
Nher basis.
Poor show tor Creditors.
mlppLklowN' n Y, May 1.-THE accounts OF
ne afglgnecs OF rrrftfcr. 90 WIN A Cr.haun and