, 1879-07-14
TILE RAILROADS.

TIE RAILROADS.
TIE WABASH, KANSAS CITY 4
T'AClFlU.
The RAilroad Qauits has the following tlnb0-
rate article on,tlle reported consolidation OF tho
Wabast a,'l 81. Louis, Kansas Ctty g. Northern
Raroa,ts:
:, Ths consolidation Of tls Wabash Railway with
ee ST. Lo,. knn'as city y NortncsS I. y o..
one os tho nost important events In raroal history
has tcen no raliroa,i erotsns lie M,sssppi 'onsi,
oMns w I!nss y; bo,a :id;. i tas A;;s.|*.!pp a
10 70, to or through Tint city. ,1snt nvw
Sns, s Of "S ps1th fss e ~ ls W.
Louis, Chicago. ana 1ulrtlo, aud Tor large pntt
o. tts ra!c tho two luttcr tcrm!n! can be rcachtd.
thruM9h IL. Louis. It will at onco become to LII
tnttscAt to eccurn ahintncnta to chtcaRo Aid olfao
rathor than to " i.onIs lecsnsc It will tnnkc sure
of lUngcr hail Oil I'LL II goes 10 the more eastern
distance BY zig new Wabash, 1t. Louis s paeiiia
en:o' ~ and to- % way " Of Fl i,aIa ] aSSat @ @ n.tss % to
I'ulcdo. ii Il hecldcd advantage TO road to lie
able O accent freight for any racea 10 which may
want .o 80. but sn'a Gun 20 md s ono without con.
solsdatl0h. Unly. road which can carry to my Of
two pr three plarrH IN no! likely to mnke special
eps ,n Ct os,Ss to 9 1 % - sse
tint wacn grain fH going from Kansas CITY chiefly
T. Chicago anu Toledo. t'c st, Louis, Kansas CITY
Ions, or BY wiz WY oi st. LonIu y witch Il tue s
tnnce to Chicago viii 10 about ~ per cent LONGER
anl j pr cent longer TO To}et]o than by way
Of but ITO miles on shipments BY way VI Hannibal,
but una q !71 miles on shipments ~ WHY Of st.
{t1tA
Hannibal 10 Chlcago nnd Tbieno as itMow lias In
SECURING 1t for the line from kansas City to St.
It is not easy to sec. however, whether the two
E9ads viii ga, OIL tho whole, By tue consolidation.
Pfuoaoly tho largest portion Of The castward ship
Chicago In any byunt, though It Is ttua thnt the
proportion u through shipments Il inefeasing mud
TINT tls Tendency t gTe,n and pto,ytstoss , ts 10
first sale. 1t IL community assumed tbnt wien tstre
IL consolidation. ur olher unting under man.
oSer a Il e 9e ill., tGs To to sssn
roads: und that this ts cigat gain to then
and los; 70 their RIVALS rhi, Z very far
siutel road. cannot afford 10 Ignore whollY tho
rnads with which they have hocn in the habit Of
GaSto % ,ct3 o"a g hS Sep sfn q H.
tothe pann.ylyanta Railroad; and ths N,cnlxan
nbout tvo-lhtrds of their freight 10 the Now Y0r
Central. though nlnro than tonrth Of trsr n!,Lp.
mcMts were con.tRncl to kow England points
New York Ccntr4i., W. know taat w!lun slr. VAN
lerbilt acquired tho Can,sd1 Honthurn It was u.s.
sumel that all the stcl,tean Central traffic would
riynl q tho canada Southern, bus bad mpre than
asff Of r., T. ,o,, ,.h,,,, ...a,.., ..
other usuay llas something to .gtvo In return. it
IL ,nntsor Of recturocity; ano, II ono tnaxes nn
exclusive alllsnee with oaa OF acyoEa rival rons,
tfalnc they Gun IL tts rlsn1s. Wien thu Wnbnsl
and the St Lnuis. Kanaps City 4; Northern aru
s.q ns s GosH ~ Ht b. s;S"pt9F
loacph IN Kansss City and other ''Mlssonsl Iiiyct
points" The two former rGadn, 'xs nay 30 auro,
ho!p 1t. alter 1t lsaYcs ther roads at Hannibal OF
s,. l.ouis, but W.T. prefer to work n connection
sapess @ sss s'aS. t. g. t. xo III ksst s NJ @s, IL ma; n
secure ali the through sllipmcnt4 of the st. Louis
Humans CITY 4 Northern. whIs aow i gcts nut =
ssts irom tho rivals of she 1T. LouB, Knissas G,ty
u Sarthern. Whether thu gath will be greater
than tho luKs cnnnot bo sno"n without Knowing
Newspapurs An1 muny investors persislenlly
ncalccs ts tact, md schemes for tying tngett,cr
suEe TO result IN vnst increase Of profits. Fro.
,lou. III iii, usually this j. not onS Of tbcm. two
strong ronJs combined make strong company,
atd two weak ones consGiueh MAKE weak cu,n.
pany, unless the combining s0aIs hnvu bern com.
putitora ami engaged in letting each others bvuA.
competing ltnei, nnd thur interests WEru 0ttrn
likely III conflict. They can linrdly bu called strong
.npan!cS, NJ netther pays Dividends mil tic VA
bush hAs recently been rcorEunlxrd aflGs Some
yu4rs of inability to paY AlI the Interest on lts
funded 4Gbs. Tho Ilttur Is nonD the less u gEeat
road, carrying very inrRc tsat!ic, md command
ing large Hturt of toe business OF Wtlc pvlt
through tho most fertile parts VI Indtana and iii.
nois. y u. however. w reason Ut It's situation,
On freight, than almost any osl!or rail-
ultles Of the trunk lines AMI only
half As mnch aa the 1tock Island received. Nearly
everywhere It Must compete with railroads which
carry to Tho lakes by ph0rter routcs 20 that u IL
virtually compelled 10 c0lnpett with tho lakt1,-
which Ia pretty hurd tor ru,toad. -anu the ran-
pesinE Joints atc 80 nrar together that local s6tus
car,tas bs Kent mnch higher, for any considerable
yery m9rh On tho courso VI through rales. Growth
Of trai!c viii not help u lnucI. uNlcss It gots
moro fur Carrying than it Ind lust year.
Tho contrary ~ tku caae with the St. Louis
Kausas CITY i Northern: It usually gets rs1nun~ra-
llyu rates, but u wants Mare ttattlc, Tho
country on tts line. grows but slowly, but il
IL one OF the chlof outloa for tho trade of
kansas aud iho country further west, whicl, has
grown rapidly ~ late. 1t Is now making an extcn-
sun to Un,aha, ll.rvurl, country which hIthertu
has iusAlcsl on sending tia products cbtsy 10 CHI
caK0. Tho nuw soad tor sone dlatAnc4 will not bc
badly crowded. by Dlder afncs, and ,nay bc fully
supported by lncat traffic; but we not nnlIcipatu
henry business for 1t. There will he moro, duaLt-
lesa, With u. Unt1ct n linnntbai than II thu bsi-
1Icss werc nl compelled to ~ to IL. Louis, which
never has bcea ada TO smsIa'a'a yery c'uta fula-
n!bal l. st. joarph ltailEoAd.