The New York herald., 1877-09-10
NEW HERALD MONDAY lo77TRIPLE SHEET


way that laws may enacted for the good OF tho
pie and they only are worthy the name OF statesmen
WHO capable OF anticpa the wants and desires
OF inc people ana shaping our laws 10 or'pg ABOUT
such results. The duty Of capitalists is 20 ex-
tend helping hand TO the aboring men, All iaborers
should iorm themselves into ce-operative societies
Tor building, cooperative societies Tor
Of all kinds, co-operatve societies or doing all kinds
OF labor ng work. This Is one Of the duties OF labor
form these societies Care should ne used in selecting
good careful men officers, directors and managers
Whom thus formed and really Tor business the duty OF
capitalists should bo TO loan these societies what
money they transact their business upen no
societies. bonds, bearing reasonable rate OF interest
By thus means capital would earn IT'S interest, aud
sabor would have an equal STARE OF tho wealth II Gre
aied." The man or woman who would not work would
not create any wealth consequently would not DO en-
titled to IT, The additional duty for labor is To organ.
ize itself Tor political purposes throw away the pres
ent artcs they both only seek 10 use you as tools to
further the enus OF some OF thor schempg politicians
They insert plank OF words in their platform like
nioasscs on bread to catch flies WITH thinking to catch
you, and they always have succeeded so far Are you
eoinS to be led by then In the futureS II you have
not confidence enough IN your own numbers and men
yoa deserve bread and wafer only lor your yins But
u you win vote together suck 'osstaer you can carry
ci0c and from Maine TO Mexico
DUTY OF RAILROADS.
Tho duty OF railroad corporations 10 TO stop paying
dividends on watered stock reduce the saiariss OF
their presdents (who receive twenty-five or thirty
thousand year Tor three hours work. and Of their
other largo salar ed officers, and then reduce thor
tcrcst account live per and they will be
able then TO pay their men. who their money Tor
them, better days wages
The duty OF our government is to take possession
OF ono or two through trunk lines OF rairoad-and
would suggest the New YORK Central and Hudson
River Railroad its connexions from the Nisss.
sipp River to the Atlantic soaboard also tho Balii
more and Ohio from the mississippi River TO the sea
roads their honest value; then let the government
ISSUE bonds bearing nve pcr cent interest or them,
consist OF interest running expenses and a sinking
fund only large enough to keep the road IN good con
dition.
fancy hear the cry Of Capitalization, corruption,
&c. say, without fear OF contradiction, that William
II. Vanderbilt, Thomas Scott aud Mr.. Garrett repre-
sent the creates. Capitalization oil power the iaco
OF the globe to-day We have an inland commerce Of
greater value than three times our whole national
debt-say sever billions OF dollars. The greater por-
ton OF this IS transported by our railway system
These three men can come tegether tn three nours,
upon auy day oi the ycar they wish, and IN teen
after they meet they agree upon tar OF
charges that will extort millions and millions OF
dollars out OF the producers and consumers OF this
country The roDbcr Of the middle ages used
take toll from all who passed. tneir way. But these
child in the land, whctner they like It or moi.
And to-day (Soptcmber - they have advanced fourth
freight from the West to the seaboard Ave cents
per hundred pounds Have the people paused to con-
slider what that on our grain productions this
year That means two cents and eight mills on every
bushel OF the land three cents every bushcl
OF wheat the land, ceut and six mills every
bushe oats in the land and SO on through the whole
list OF our produciIons II we produced equal num-
Der of bushels OF wheat corn and OATS and tho pro-
only amounted to 0O0 000 GOO o. busncs-aud it
amounts to much more than thas-and this quantity
TO be carried by rail 10 the seaboard, this
pounds o. ~ represents sa7. 10000 taken t ou. Of
woman and child throughout the length and breadth
of our land And TINS, mind you, Is only a five cent
Soon there Will he another and that will be fol-
lowed by another or these three men say there
immense crop, II mus: be marketed, the people East
must have H. thepeople West must sell 1t. and as they
hobnoo over glass sf champagne they sgn tho CON-
pact $5 0OO $50 600 and O0J 900
from the people ask with all candor is not this
centralized power oil such gigantic proportions that
may we'll stand aghast at its fishtfu! power re-
sponsble TO no oner
GOVERNMENT ROADS.
Now SIR. with tho government cOntrolliug owning
two trunk lines carrying freight from cast 10 west ana
from west to east Tor tho honest cost before stated
this gigantic extortion would be stopped. The gov
erDment roads would be the regulators that would
keep he others IN bounds. We Will thcm just
honcst managed possible, and II perchance there
should bc $40 900 stolen by dishonest officials the
saving OF $50 0s0 900 or $780, 00000O the people by
such asystem world more than compensate for tho
loss Besides We would need no regular army TO pro-
tcct Thom Scotts roads, This government road would
be u sufficient protection. But Mr Scot, with cool
presumption worthy oil better cause, hopes that the
many able lawyers the House Senate will frame
bills that Will protect INN III his robbery oil the people,
He claims Congress sha protect this gigantic in
ierua commerce SO do |, aud claim that The
ing and running by the government OF Que or two
lines viii protect our comm, rec IRON the depeeda-
tens al three OF the greatest inland pirates OF the
nInoeeuth' century--rhomas Scott, William H. Van
derblt and Mr.. Garrett
WHO ARE THE GREATER RoBsERs2
The rioters and stri ers, numbering millions OF poo
ple dcstroyed few millions of dollars worth Of prop
erty these three worthless gobbled up hundred mil
lions yosr nearly and as YET, In this great civilized
ION OF the nineteenth century, there il one TO
call them account They ruin business men
throughout the land turning tho business o tho
try upside down. Supposing Congress should pass a
law tomorrow that would IN exactly the same manner
tax the people and turn business upside down MS these
three do would the people submit TO 1t would
business men quietly pocket their losses and say
ina? think not; the contrary Congress would 10
out OF Washington at the point Of the bayonei. But
because it is railroad corporation that Is inA!cting
this great evil the people quietly submit ike lambs
to be shorn OF their wealth.
INCIDENTAL. BENEFITS
Passing a' other considerations, the owning by the
government OF the Two lines mentioned would DO OF
great value in military point of view. In OF
foreign war or INVASION these two lines tap all the
largest cities IN the WcstvIz., ST. Louis, Chicago,
Cincinnati, Detroit Cleveland, Toledo, Buffalo, and
also Washington, Baltimore, Phiadelphia New York,
and cover Boson-prartically every gram exporting
seaport the lapd-wiih the possibility OF throw ing
all the local troops, militia, &c, ofa those cities INTO
any Threatened city IN ioriy-eight hours time. This
OF itself is most important reason for the govern
ment's assuming ownership and control OF tho
trunk lines mentioned Hoping the Importance of the
subject will lead to speedy relief for people,
truly yours. X. II. FERGUSON.