The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1876-10-19

tsilfbad toward GalenA. called the Ca I
sta aud Chicago Union Railroad, il
sss ihe Gsst ever started i, was the
yeoplcs read II was made by the
.eorle aud ior their benefit Every
nsu along The liue took share. II be
t4d gUt The money lie worked il out
igsell The road was great sue.
cas-. We gat j - fsr ss Freeport IN
Ba direction 30 connect with the llli.
iis Cenirai, ADD we bad got Il well 10
rdar Rapids 10 another direction. -
hat roa paid a dividend semi annu.
lly all along Il was considered "a
ood - government bonds nos are
rnst fund.-. The iuuds OF widows aud
rphans were invested IA Its stock
he men who managed It were an
economical set Of men Iheir salaries
we're very low Tho president got
bout 81 600 for his services and the
.wycr. who did tho whole business OF
be road, now your corporation coan-
el, lIiott Anthony, lie bad 800 a
ear. ald everything else was done
pom an economical basis. was -
nember Of the auditing committee -
very bill that was contracted on that
Dad passed through my hands, aud ]
lsd no pay Tor my services If there
IS a cause for complaint along tho
Ue u .he road the people knew exact
I whom 10 speak to, aud when there
ras sn annual election every man who
/ ,ad one SHARE had free ticket for his
giie aud family. and came here and
tuted. The vote got to be merely n
| natter Of torn. and no attention was
| laid 81 the collection Of proxies At
ne time whilst we supposed the thing
was all right, no compliant was made
irom any quarter bnt on came Sam
tel J. TIdcn with a lot Of men from
Nv York City AID stepped into the
llice, aud about fifteen minutes there
liter the road was wiped ont. aud was
yer afterwards known as the North
Western. 1 he documents we're drawn
~ the handwriting Of Sam Tilden; the
ehole thing was manipulated by him
nd now II you want to see the nerit'
/ that Consolidation. how it was tina
hose men had claims upon the trns
iunds--the funds Of the widows and
dphans that were invested in thaI
toad--I will read it to you; Iilde'
ought up. for a mere nominal sum
irri, the bankrupt concern, called thu
llulois and Wisconsin railroad com
lAuy; another bankrupt concern the
|. Paul and Fond dd Lac railroat
: .ompany. another one the Pennsylvs
ia aud Marquette railroad company
+ tow the beauty OF that consolidatio
-i'h the Gaena road WAS tbs
, whist II run uas - fhieako, you ha
o go about 400 miles and q larg
distance over the lake in steamboat {
, get 10 ii. Whether they consolidated III
, Steamboat or not don't know The
had also ght the Hamilton Extensio
railr lad company aud then the Chicag
and Northwestern company he
J had bought those up Tor nomini
sun, and stepped right 10 aud toe
: ours. We had DOT the least idea Their
was any opposition TO the road, AL
: made no Efforts TO collect the proxies
fney went around purchasing stoc
: AID took little up here aud lit
= there until they got majority. VIII
. ii / this great reformer dor The irs
i thiag was to declare dividend OF thre
per cent on the whole OF the road ii
= most Of which they stole from 0,
9 treasury. The more the better. An
= having made the dividend Of three ps
ceat, il put their stock up aud enable
e them to unload ard they sold back u
J stock al al enormous profit hav
= never heard the profits Of Mr. Tilden
estimated ii less than a quarter OF
e milton Of dollars in that Operatives.
9 Now. what else did they dor La
talk ng u the farmers. and am gls
= 70 zee some farmers here. aud al
a g'ai to 60 some VI my Indiana friend
= here. The drs, thing they did was |
= pat w the tariff on wheat ~ per ecu
y upol eoAr.e grain q per cent upo
daa Tlp per ecat, upon la.nber IS p,
cent. upon lave stock 70 per cent. upo
merchandise s. per cent, uron pa
, seuser uaflic Isl per cent ] bese Al
the reioraef's operations with Ii
Illinois aud Notthwestein rsilrosd. :
q Aow look al The enormiiy Of The cor
>. Germ Il took every road running OF
OF Chicago to the north clear Up ia,
/" tbe upper part of Wlscun.in, axe ;,
: pvsi,H. Iowa, AinHesJia, and ever,
tbiug. and there was nothing TIA
e5aid come 10 cairago from that dir.
ti8n that h45n't y pay toll 10 then
: And "a, opiaioa Is, Il Dir. Tilden
ebege4 Peesiieal u the united States
! iAafc wiil be t,et just Que railroad j
lae whsle Union. and that railroad vi
uhtsist % al the OtheFs This thinI