The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1876-05-28
STRONG LtrrIR'


In all Of the literature which has gon'
10 the country respecting railway llne'
TO the Pacific ocean, and some OF thai
literature has been exceedingly wei
and wisely written, wo must confess
that for forciblo, Gdr open and irrelu'"
bio argument, tho letter OF an accom-
plisl,cd writcr in the Richmond h"qut
rtr styling himself "Sbenonooh, Stand'
forth well nigh unriyalled. We com
mend II 10 Texas readers, and especially
to that intelligent and unprecedented
sentiment Of our people which realize
the supreme importance 9oi the Texa
and Pacific line, and tho great DANCE
10 Texas TO be apprehendcd from Hun
tingtons Vaccinations.
In calling attention To the leading
features and manifest objects OF the
Union Pacific ring, its lobbyist" and
hackers, the writer observes ~
Mr.. Huntington and his assoclotes.
now own and control the only line OF
roilroad 10 the Pacifc, Until last sum
mer Il Ind little competition IN the
Pacific Mail Steamship Company, via
Panama, but during the last Congress
tho Huntington combination, or ring
aot controi of II, and throttled the
Whole country by their monstrous mo-
nopoly, proofof which is found In thu,
fact that they Immediately increased
their charges between New York and
San Francisco as follows
On frst-class freights, from W 70 to
S6 90 per 100 pounds, or 800 to $40 per
ton of 1000 pounds, .ao
On sccond-class, from ~ to " per l0O
pounds or from $40 toSfOO per ton.
On third-class, from 10 to 4 OO per
100 pounds, or from 81 90 to 10 w per
ton. ..l u. "a
On fourth.class, from ! so TO 90 per
100 pounds, or from 80 90 to 90 w per
ton.
On class "a from 10 to 2 80 per
100 pounds, or from "a % to 90 w per
ton. ..f-
On class "B," from 90 TO 2 OO per
100 pounds, or from 80 OO to 40 0O pei
ton.
On class "C,n from III so to VI Is pen
100 pounds, or from $50 toS35 per ton
On class I'D" from n 40 10 ~ 80 pei
100 pounds, or from s2S to $50 per ton
The direct result of this removal o
competition was, that In the first sever
months, to September &c. 1875 the two
companies eWned $lS,l0IlS3 against
Sl49I4,l73, being an increase Of VI, l62,
900 for the corresponding months OF the
previous year, which is ut the rate Of
about $500 600 year, u larger sum
than the whole interest on the proposed
cost of the Texas and Pacific road This
excess of profit to the Huntington
ring" on their monopoly, represents, at
six per cent, nearly $l000OO,0O0 which
| Is the capital thus put into their peck
cts, and taken from the people Of Tn,
United States simply rs the result of ne
competition, for if the Texas and Pacific
road is built as proposed, and rate
brought down only to what they wer'
year ago, these monopolists will hay,
to let 90 this 500, 00O,O 600 which the,
hope they have gained without any con
sideration under the sun. ...y .,....
Now II Mr., Huntington and hi
friends can kill of the Texas and Pacific
scheme, even at the expense of havinl
TO build tho road themselves, they will
have secured the means to do 80 in thi
800 100000 capital created in thei
hands by the destruction Of compet
ton, and thus win own two lines to tn
Pacific instead of one, and be able fol
ever to defy tho construction of an,
other, and by this means, vii
have fastened upon the American
people a monopoly to tax at will, al
travel and trade, nay the very Govern
ment itself, it's mails and war servic,
| from ocean to ocean, and from the Arc
tic to the Torid Tone, and 80 gigantic il
its proportions, SO morstrous in il
power for mischief, so ramiiied in its de
tails. 80 rapacious in its demands 81
heartless in their exaction, and :,
boundless In its wealth, and, we ma,
we'll foar, unscrupulous in Its employ
ment, that the very Government Of tn
country will be in danger of subvorsioI
from bribery and corruption. Think c
II for moment, that one combinatio
of individuals, who last year collecte
from their 2,245 miles of road $25 ,09l
325, of which $l4,5S9,94S was net IL
come, which is six per cent interest o
$244, 100000 of capital; and by their off
cial proceedings and reports boastfull
show that they already have the capat
ity and the prospect of doubling thi
enormous revenue, when they will
WELD capital of nearly 100000, 900 a
the present value of their property, an,
that they should now ask the Govern
ment to permit them, without restriC
ton or control, to occupy, TO the exclu
sion of oil others, the only competin
route across the continent, on which t
construct ut their own good pleasur,
with money extorted by their presen
monopoly, u twin monster line of equs
magnitude and power, the two capabl
of crushing the very life out of oil iutur
competition under unity Of OWNERSHIP
and policy, and the reader will hav
some faint idea of what is involves
In this contest before Congress, betweeI
the Huntington ring on the on
hand and the people of thirty-one State