, 1877-04-03
THE RAILROADS.
THE HKrN1S.H

Ap<ctQ3 QftR1sch 10 1nt 1HoHR4.
New YohK, April 2.-The rn!lroad war Was
the subject OF general discussion among mcr-
cbauts and business men to-day, Early In the
morning the report was put forth and reiterated
that Mr.. Garrett was on his way to thIs city to
cnaeayor to palch up matters. This was subsc-
qucntl5 proved entirely uufoundcd, but had
tho effect, nil the same, to stimulate spccu1a-
tlon In tho railroad stocks. Sr. Vnndcsbllt's
action Is indorscd by the merchants. aud tho
blanc for tho trouble Is laid upon the Baltimore
d Ohio Itoad, which began It In this way;
There is grain Grm in Baltimore, -
Gill & Tlsher,-who do business through Robert
Garrett & Sous banilnghouse. Robert Gar
rcttt Is President Oarrett's brother. It was dis
covered that Bherry, Kieeler s. Co., Of st..
Louis, had corncrcd the grain market
there by purchasing all tho grain that
MAS offered Il 8 cents bushcl above current
rates. Sherry, Kicgler Il Co. Is q branch house
of GIL & Fisher. It wsa also learned thut tho
St. Louis arm h1d secured q contract from
the Baltimore T. Ohio Company for tho
transportation 10 Baltimore Of an indcf.
mite quantity Of grain At 10 ceuts
per bushcl less than anybody clso
could get II. President Garrett Is secuscd OF
trying to favor Baltimore By this action 10 tho
detritucnt Of other ecAboard cities. At the same
time merchants deprecate auy war aa ruinous to
their interests. Tho remedy proposed lcs IN q
bill now in q committee OF The Legislature
tor the appointment Of Doasl ol
Railroad Commissioners who shall establish a
uniform set Of rates and abolish the contract
systc1n and faa t-dispatch Lines Elto2ether. The
ssya an any eitisea tue privilege of 1unuins ills
own care ovcr them on tho payment Of certain
tolls They we're, indeed. specially synatesla a.
public highways. That right has since been
at: scs csas Sa 4 r. sse1sh Tst % ts
Granger derision. confirmed tho principle that
not oDly Ill railroads but any business NECESSARY
To tho comfort Of the public may be eon'
trollcd by tho State. Just Is hacks arc
by the municipality. Stockholders had only d
right to reasonable profit on their Investment.
and Ill aboye that belonged TO the people. Tfu
e. bsny e. ague
tho blll. Receiver Jewett says there can be ro
peace until President Garrett apologies au.i
explains. Ie also tntatnatca that tho Pcnnsyl-
vaaia Company hAa "cat" about ~ unfairly Al
BAlr,aoar, April ala regard to THO meet
Ing Ut tho Presidents Of the trunk road lines
said 10 have takun plscu In New York saturday,
eo."s u ~ ss patsssn
In oEdse to correct tho mlscheyous effects Of the
Incorrect ssatsmsnts that have been made q 10 I
combustion Of Erte, New York Central. and Penn.
sylvsni4 Railroad Companies In opposition to the
| Halunota 4 Ohio. tue following dispsteh fEoul
! F4ts!deDt Scots IL published;
| ,rntApxLrulA. Aprsl + 1s17-To Joha y. Gdrvsit.
PrtsAttRt Haasors notice an Aoina Of tha pApera
sts:ement % Ihs eee: that ~ t.o NV iofk llesi
n1ilon % Saturday pGtostvs and defensive. a9Ansl
your Eosd al IT which hare tho boat reasona fol
knowing u OF coHttx, Without any foundation what
| &yef. THOMAS 4. RcoTI, ffcstdent.
President Garrett states that all allegations
Of bad faith against the Baltimore & Ohio Com
| IL will hot folyn and hal
Ibis Company eau clearly demonitrnte that IT.
action has throughout, under the agreement ol
December, been Just aud proper. The Balti
noIe It Ohio Company h2s been and continues