Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-09-25

have reeapitulated, and fairly, I believe,
because / have since collected some .es.
timony which will be admitted is of very
high character, since 1t comes from q terminal
point of no mean rank-the city OF New York.
and the organ of its Board of Trade, the New
York Bulletin. NS
"THE PEOPLES INDIcrMESr
against the N. Y.$C entral R. r. is the cap.
ton OF On article find in that paper, and
take some of its counts as being models of
ability and terse4ess, and extremely well
adapted to QUIZ situation: 81 Il 8 i.
:. New York Central. while public high
way chartered by the State for the benefit Of
the people, claims the right to conduct its
business as a private corporation, to maintain
secrecy in its finances, to make its nominal
capitalization what it plcases irrespective of
the capital actully invested, and to compel
the public to pay interest upon such capitali-
zation With charter more valuable than any
fHsf ugas s So1 S%RBB3ys dei
to obstruct and divert the commerce Of the
grantors Of its privileges.
II. New York Central conducts its business
without respect to equity of charges as be-
tween its various customers. Departures
from its freight schedules are made without
any regard to, q regulating principle and with
'he SiooeoeD !nJuoCiCc w large claSSeS. III u.s.
eliminates % as between the citizen of this
State and those of others, and Invariably
against the former; (2) as between localities
in it's own State; and (3) as between different
Of the Assembly IL Gom n1nif
tee have exposed the fact that, within the first
six l, months Of 1884, some six Thousand special
contracts had been made with favored firms at
rates ranging from one fourth to three fourths
n ~ u,
certain cities receive large DETERMINATIONS
denied to,Others; While the predominant idea
in fixing rates appears to bet divert business
from its old centres TO minor competing points
The W erlkag of those DISCRIMINATORY is to es
tablish an Interested and influential agency
all along Its route, which stands ever ready
to shield the Company against public dissat
isfaction with its management and to direct
politics and legislation in favor of its schemes
and pretensions. It is more through these
preferences, judciously distributed by it:
crafty political agents, than through the more
glaringly corrupt methods commonly imputed
to it, that tile Central has acquired such ON
Impotence in State politics and defied all at
tempts to limit its power and cstablisn equity
in transportation, tss1 iasii" a@3 afstt
Ill. just in proportion as the Central i'm
pairs its revenue through sinadequate charg
es for Western freights, it takes compensation
through correspondingly increased charges
for goods carried within the State. Putting
together these discriminatory tolls on State
traffic and some $35OOO00 wrongfully collect
ed for dividends on fraudulent stock. it will
State business exceeds the REQUIREMENTS q
fair and just compensation by an amount full
ly equal 10 the entire State taxation. To this
extent does the road chartered to help the
commerce of the State impose upon it unjust
and repressive burthens and aid in banishino
it to other points.
~. New York Central is diyerting agricul-
ture, manufactures and trades from this State
by system Of iniqnity which ignores dis
tances and the costs Of carriage and enables
Western farmers and merchants to defeat
JUST ana aftiacia discrimipations are rap div
undermining the commercial aseepdenccy. Of
New. York State legitimately acquired through
natural advantages, impairing the value OF It's
property, and producing new geographical
distribution of trade upon basis entirely fic-
titious and liable at any moment to collapse
with universal disaster.
v. The New York Central has bargained
away the hitherto controlling special adyan
tages of New York as port Of entry. For
the purpose of evading competition anG there
by protecting it's dividends on fictitious share
Of years two and thres Cents PEI loo lbs. more ore
for carriage frgm Chicago to the seaboard
than may be charged by the Pe4nsylyania and
the Baltimore and Ohio roads resnectivelv.
this difference being agreed upon 81 the con
tracing parties as Tepresenting the tiisadyon.
tage at which the pqrts of Phiiadelnhia and nd
Baltimore stand as compared with New York.
The result Of this deliberate bartering away
of the advantages that have given New York
its commercial supremacy Is reflected in the
fact (shown at length in the Bulletin Of July
the local export Of grain from the fonr
principal Atlantic ports has fallen from Is per
cent, to so per cent. IN other words. Of til !.
100000 bushels of wheat and corn exported
from the four ports during the ii months
ending june "a, 1874, there was exported from
tia mort only 7606OO0O blishef: Whereas
had we retained te sI'sre # sthe MA treds
we held il ls74. ouF portion 81 fRis trade trade
would lave beer i g SSS !, Ihas
Boston, Philadeiphia and Baltimore. ' as the se
result Of the Geptfal's DISCRIMINATION against
this port. This Is specimen 81 tie sort Of ex.
pcdients to which the New York Central is
driven in order to provide for its huge divi-i