The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-03-06

mental speech, rhetorical lie, n plati-
tudc of fools. Tho world is lIOuuslow
Heath, life is robbery Wy commercial
cunning and the heart OF life is self IL
moss. That is the philosophy on which the
controlling power n'the Union pI,inc is
running The monopoly road across the
continent. Bat IL IL running 1t IN tho
face of the RIGHTS OF the people OF the
| ntcd states, To promote whose " interest
and olidrc' the road was chlrtorcd, aul
with whose money takch out OF the pubic
tr asuiy It WAS wholly built aud equipped.
Vne cgectual cure for Jay GOuLD's
mopopOly and his use Of this national
highway rs an implement of gambling il
rival lines. Twoarc in progrcss-thc North
a. Pacific and the Texas Pacific. The
first has 30 miles in operation and fully
equipped. Tue second has Is miles com
pleted aud in operation, aud 20 miles part
~ constructed. The Northern Pacific
Company, freed from debt aud re-
organized, will resume construction in
the coming spring. Its directors have
manfully determined not to look To the
Government for the means 70 complete
their road, but to provide these out of the
company's credit aud resources. And We
should be very glad to see Col. SCorr, who
controls the Texas Pacific, withdrawing
his application 20 Congress for subsidy
in bonds to finish his line, and looking
TO the abundant capital which will
soon be available in this country and Eu-
rope for sound railway enterprises. Tuese
two lines can be built. Tho 0uanoial ex-
pcrieuce of the Upion Pacific and Cen
trail Pacific, which created their traffic in
the wilderness through which they were
constructed, proves that each of them will
payas an Investment. The transcontinent-
al traffic needs rivalry and competition;
and thcse two lines will give what is
needed. The ocean also Will furnish our
commerce with shuupike to the Omaha
toll gate, aud give competition that will
rigidly hold in check GoULD's tendency TO
impose eXtortionatc charges. A line of
tirst-class steamers has been organized. uu-
dera contract made by Mcssrs. W. u. CLYDE
s Co with the Panama Railroad Company,
TO run from New York TO san Francisco.
The first steamer sailed on Thursday for
the Pacific coast, and regular trips will be
made by the line us soon as the vessels can
he put on. These steamships cannot be
bought of, nor fought of. nor can they be
pocketed on tue New York stock market
by any of the tricks and frauds which nc
qtired the Paci1c Mail liue, and appended
IT as "A tender TO the Uuion Pacific road.
The end Of JAY GouLD's monopoly is
now not very far distant; and we cop-
gratulato the people that it is steadily and
surely coming. II is coming, too, in the
face of GotLD's audacious dictation 10
Congress to kill of his rivals. He has
sworn that neither the Northern Pacific
nor the Texas Pacific shall be aided
an inch toward completion, and that the
Northern Pacifc's land grant shall be taken
away. He has stretched his rule of the
New York stock market 10 the Capitol
in Washington, aud ordered his roads
agents in Congress 10 execute his decree of
death to all enterprises that will reduce the
cost Of transportation across the continent
Bat his power to shape Federal legislation
WAS broken by his scandalous use o. the
Ways and Means Committee in the last
Congress 10 hammer down for him the
stock of the Pacific Mail Steamship Com
pany. That Congress is dead, and its sue
cessor is not like II.