, 1879-07-19

suco tho pnynont Of specie was resumed
a NEW SOURCE or PROFIT FOR RAIL-
WAYS.
The genius that has built up tho groat sya-
lem Of railroads IN this country seems to
have bean siugularly obtuso to tho possible |
advantage of cheap passenger rates. Tho |
hauling of freight has been reduced from
time to time, aud new business with larger
returns has beon acquired by thus broaden |
ing tho aron Of transportation, bringing tho |
remote producing d1strieta within profitable |
roach Of the markets, and enlarging the bulk
of the shipments. But tho principle which
has worked so successfully in tho carrying Of
freight has povor boon applied to tho carry
ing Of passengers. Tho only reductions in
passenger rates have boon> Bpasmodic, ns in
the caso of some transient warfare between
two competing roads, or under the conpul-
sion Of law. In moHt Of tho States whera
the rates are regulated by statutB, the mGxi-
mum charge is three cents a milo; In New
York alone, wa believo, the legn1 rate is fixed
at not moro than two cents mile. In Now
York tho extont Of tho travel exceeds
that of any other region In the coun-
try, mud tho difference In the ratio has
,adorh, ot,1v o7arte,1 m ;nno7,.nt in nflncnco
T., 1r;no;no a1ont tbiu rotnlt. nut nowhara
hova tha ra;1roa,}a NJ thoir own motion "A.
;7r,od Ma no..ano,r r,toa notah1x ,,o,og, lint
oetoh,;shed hv a,at,,torv onactmant nor boa
,bo,o ovor hean r. aetcr1n,ned e5fort In in.
,-aaao hns;na,a md an1arcc tha nro,ta bv
,no,.;nc a str;l;nc and ,,ermanent reduct;on
=, 1l,a svarona c,,aroo for rassanosr troff1c
rho oaa n'nv ho woi, ;,in,trate,, hv a com.
nsr;sor 1atwcon tha averaoa rotea for froiobt
an;, .,a..onoors a. tho rote ~ * ccnt. nor
h,,.,'o1 for who,t t1,a rn;,roo;|a reoo;vo abont
scn nor car for carving fre;oht of Tint chm.
fx,,,, o,,{.o,o IN Nav Yo,k nm tta bipho-
o1o.. ~ frnioht t,,y rac,,ve, va v,i, INV. n.
,,,,,o,, .s 41no nv cor ~ obont +,,,lva tone
1Sor n 1oa,,e;, rmpsonoer.cnr. with hnro,1o
n,lowonca tbay rocsiyo from Sss1 to a. IN
Tint is. forty or fifty passengers nt a
rote of soo-for carving about ton
tons from Chicago to New York, That
Is to sny, they charge eight or ten times
sa much Tor oarryiug pasaaugera by aolual
weight oa for carrying freight, There is
so1no additional expense In tho passenger
business, Xhe cars cost more, and 1t is
moro expensive to run a faat passenger
train than n slow freight train but the nd.
,li,ional expouso Ia trif3pg ss compared with
tic additional charges. On tho other hand,
tl,o freight business haa speojal oxponaes
TINT cannot bo charged IN against the
!, posaopcer business, Tlero IL tho cost Of
lood1ur and un1oadi NJ, the delay In the use
NJ sreirht.cara and oonsoduent investment in
n laroo number of idle cars, tho necessity for
Ieoninp storone-room. iargo number Of
clerks, etc, On tho whole, thero is no such
difference in The cost Of operating tho nus
soncor business aud that Of opeFating the
fra1uht business as demands or warrants q
,,uttinticntion of cLaruos by tenfo1d. The
railroads have found TINT d reduction OF
f,e,obt rotn. IN A email maroTn over the cost
of hnr1,nc Inns mid them. Whv Ia II TINT
thev Lave ueyor maas the saue experiment
with nssssncar rotos?
mia .o,,xoo, ,n.,.c.rs v,,, r,n,, Tint ,,,ov
WIN ,,,ssnn1or. c,ra on,v bol, or nnartor mi
s1'at a u. s,se -osn,. ~ - ~. sy.ton, ~ iii,
an..,.aa n". r., ;,,"s.s.,os ] ~ .,,o H. sho,a af,o,lty
w., s ,.at ~, n. In,
-. s +ss,r,. ~otas ND ti;o ,,osaonuar'cara mov
w. m s,n I'll % ~. w.,, IT, ~ I'm yra1ohf. .cora ~,
~ 49,. H. E;..a1,,.a Eo.t zvarn. T. iii
~ o"' ~ 's's s,a.,,,I ssaes. "a,t,-'. ~. -,
.4t s 49, .s;,s 49, -, .a.san1,au ,..x.,
a;,d a;s,na ~ ,i,a,nsa,va. tha ,,anst,t oe tho od;
ss,,aa sa ,,a. ~ - nav f,vo osn,s tor avo ,oIlo
ana 1.u, 3' ~, co,,ts ~ mors Than f,vo nnJ lou
@ than % ton ,.,1ss ri IL no,I. for NOR, than t.,
.' an1 1ess e ,h,m % nf,s.n rD,,,s IN round nnm
s .as. III th;s '* ~o,,,a r",ta TN nsrnansrt r,t
fsos, M rh,.ono =, N.w yorl N M u
n a' 80 a,.,os ~ ,o.t,, ,,sxsons .,,,u ~.
''.', t,,s,, aHao ] ta- ~ .ma,,rt - frotoht i,
"o" ~" ,'s ,.,le.,,n M ..'an A.. ,sroo ~