The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1880-01-29
RAILWAY RACKET.
What Our Exchanges Have to
Say About the Big Sc0Op--Mis-
ceEfaEeous Items.

h0pKlnSVllle my. New Era LII
idea of having every private and put
lie enterprise of every description q
: the mercy of this one gigantic con
cern which heretofore, in all It's deal
ings with the people, although check
mated, somewhat, as it was by othe
competing roads, has shown itself nj
: terly devoid of conscience, is truly ap
palllng. Every man now engaged ii
any of the various industries requirin,
the transportation of any very consid
cradle part of the material either raw
or manufactured connected therewitl
will have to beg the consent of this
his master, to continue. The SAM
will he have to do ropmbafkia a nes
enterprise. In piaIner words, tb'
hands of every man within the scop'
of this huge menopoly's iron grasp il
shackleI. No matter what protesta
tions of fair dealing it may make, VIZ
say to the people we ought not to anc
cannot believe them. We have hao
too many fond hopes and illusions
raised by its she songs, dispelled al,
ready to trust it any further. Here
tofore we have suffered in sections
from its expressions, now its blight
ing hand will be laid upon a whole
country and woe he unto it if it does
not rise in its might and lift it at once
With its continuance the few will gain
and the many will suffer. Other huge
monopolies will be born of this mons
ter-witness its first born, the Union
Express Company-which in their
turn will assist their parent in its role
of tyranny uutil, all having grown
apace,. this will he country of rich
hundreds and penniless millions. In
this we sound no needless note of alarm.
We speak the words of truth and So
berness, when we warn the people of
the whole south throughout which this
enormous devil fish has extende and
is extending tentacles, that its life
blood will forever flow into the capa-
cious stomach of this monster without
in the least appeasing its hunger for
more. We may SOW but this concern
will always reap.
Louisville special to Cincinnati
Commercial: The management of the
Louisville d Nashville has made ar
rangerents for direct steamship line
between Havana and one of its Gulf
ports. Which one it will be has not
been decided, but it will be either
Mobile or Pensacola. The steamer
Admiral, which at present has Gen.
Grant aboard for Havana, will be
the FIRST on the line, which is to start
about the 1st of March. Arrange
ments will be made to have fast trains
to connect with the steamers, so as to
get passengers and freight to New
York as quick as possible. This will
he the shortest route for passengers
from the North, East or West, and
will effect saving in time in the trip
from New York to Havana of four
hours. Merchants in this city, st.
Louis, Cincinnati, Chicago and other
cities within reach of the road will be
enabled to ship direct to Havana,
Mexico and South America on through
bills of lading, and arrangements will
also be made in the former city fer
return freight. Other ships will be
built or chartered to form series of
steamships to run between the ports
selected and that of Havana.
Trenton Mirror: The Board of rail-
road Tax Assessors for Tennessee
of which the writer is a member-in
the honest and faithful discharge of its
duty, assessed the above railroad,
(the N. G. Il St. Louis railway in.
Guiding all its property, at 81, 726, 1892,
05, the capital stock being s6,575,0C0
The managers of the road being dis
satisfied with the value placed upon it
by the Board, appealed to the appel.
late Board, composed of Gov. Marks,
the Secretary of State, &. N. Gibbs,
and Col. Marsh Polk, Treasurer. The
Board having jurisdiction re-
duced the value of the property for
taxation one half or more, placing
tbe value at less Than two millions.
in the purchase of the stock of this
road recently, the Louisville and
Nashville and Great Southern Rail-
road paid s3,500,O00 for a bare ma
jority of the stock. This would seem
to show that the cash value is now
Sc, 100000, whereas the appellate
Board reduced the value to less than
90, ,0oO, 900.
Cincinnati Enquirer, of Saturday:
A prominent railroad official of this
city was in receipt ofa telegram from
New York, last evening, informing
him that Jay Gould had purchased
from Mrs. Green, wife of the Second
Vice President of the Louisville and
Nashville line, $1,000, 900 oftke Louis
vile and Nashville stock, thus giving
him the control of that line. He also
said that there was no question but
Gould had sufficient stock in the Penn
sylvsnia railroad to enable him to
control that line. The Enquirer has
been under the impression that s9,-
600, 900 was the capital stock of the
Louisville and Nashville road, and as
the city Of Louisville j. J, Cisco,
Gov. Morgan and others held several
millions of the stock, did not know
that Mrs. Green was the owner of the |
above amount. The official referred /
to as receiving the above information |
is not only a reliable gentleman but is |