, 1880-02-06
Which He Cave to Mr.. Aldrich
Oh the Immediate Trans
portati0n Bill, :"
And Which Involved to Some Ex~
tent the Intelligence OF the
Secretary.
Tho Debate OF the Revision Of the Rules
becoming More Hurlensonie
tl,au Escr,
With Some Chance Of Congress Ad-
jonrning Before They Are
Finally Adopted.
DUTY ON RAILS.
Ill L.. LII.

DUTY ON RAILS.
sToRrs' ARGUMENT AGAINST REDUCTION.
bpsetaf Dispateh 10 Tx Chicago Tribune.
WASHINGTON, u. C.. Fct. 1.-The following Is
III OUTLINE Of tho argument tnRdu by Emery Il.
Stnrrs before the Wars and Means Committee In
opposition TO tho bill tn reucc the tarir steel
rails to SO per ton. lIe denied the statement
mule by Mr. Poor yesterday that this reduction
Is called for by tho railroads. Not single grcat
tr1,nk-ltne In the country has thought Of nsktng
for It, Mr. Pour WIS clrciul not to say TINT Mr.
Vanderbilt, President OF tho New York Central
Road, wns In favor Ut 1t; the fact Ia
TINT tho Pennsylvania md baltimore T.
Ohio actually oppose the reduction. nnd so It Is
In tho West, with tho sotary exception Ut the
Illinois Ccntral which, nftcr ni'. represents En-
Hlish md not American cApital. lilo sll that
within ten days hp wn,,ld lny upon tho ta1,fo Of
tho Comsnlftee petitions from railroads In com-
par1son with whose wcnlth and influence, miles
Df line nnd Tonnage Of freight, thpse rcpresent-
cd III ME. poor's memorial wouhl shrink into III
Significance. although tho voice 10 tho voice Of
Jacol', the hand is tho hand Of Esau." Tho
power behind 3fr. Poor Is thut Of
THE ExoL1Klt MANUFACTURERS
of steel rnils. Mr. roor IL tho nEcnt OF this in-
tcrcst, md tho stRnMturcs to his memorial were
procured With great difficulty. The stccl-rntl
interest Of this country Ind Its birth In 1870;
gluco that tinic-thnt H. since tho present tarlif
wns xcti-it has produced .,50i 1Gs tons Ut atccl
s.ils, md Is to-lay the cador Of TINT Interest OIL
the face of tho habftable glnbc. It found tho
prtco Of Btccl rails nbout 800 per ton,
and their prico Is now ubout ~ per
ton, with ala prices on tho upward boom.
For ten ycars tho stcei rail- interest OF this coun-
try hAs operuted to reduce tho price Of THUR
product nil ov:r tho world. lie contcndcd that
tho development uf this grent industry from
nothing to tts present immense proportions has
Iron. and other minerals, tho credit for which
Mr. Poor md Mr. Wilson Esvo to tho rairoads-
The duty OF FL Is reilly IL low ONO co1npnrcsl
with other articles. 1t II less thun very lnAny
md greater than none. !,
IN AsxwEn TO TIE ysT1MATE
nude BY Mr. WILSON lis to tito quantity nf steel
r1is needed IN tho country tor the next year.
sfr. storrs said thcse was II mistake. both us to
tho quantity rcqllirc! ansl tho tapnGity Of our
works IL furnish. The ilgurG-l,IN,0D tons
was ton much by fur l!l the estllnMtehf capacity
It ius ta',s s,s a, a xo 'f!tta s fr"ish vi %as ss
Kiand for jiist io60oo. 50 tiat Us IL Gy nroslden
ssassy eaazs 'qS at st past a te estnte
want Is Iron r'!!ls. which ntG still largely uset'.
and so immunity prolucn Gp.01 tons Of thosa:
II III the tiSia,ani. Ths ne,hehem @orks have witb.
III tho year Increased tho!r cnpagity fU,g1l tuns,
nS 9S,ts tas %Ssis aai hS s @ 'sS S1sxS
tons. Tic aggregate isicrcsso tn tho Country
Will bo nut less than sa0 0UlD tons.
THIS ENORMOUS lScHEAsE
in production nt steel ta.s will Fe.lca prices ns
surely as sparks ily mpward, md transportation
lseplying further e Slr: Wilson'S ara'inlrnt Of
guaranty on English at"l ~ avo-yeAr guaranty
On American s3eel r,.tas Tho Aye-ye Es,gr:nty
E1'slanst, a 'a al.a was T 4 % u,ero form. m aud was not
called for 0ncn in fNn clsta Of ttlrctiAA.. Tho
-ycur lisult he l,nl lelrt! Ut lii mo r,.so only.
an s y TX Xsa ths
ral!ls aru sttt ully ~ Esot bltt butter than tho
Ens!lsh rstl. ~ statis.ics tt'fasly Sumns s "
tlat tho rctlewals of american rhf!d IN tho perfoA
from l9s ID lS7s was u1,d u l 1sr ca,,t. whtle
.7.i00 por cent, or tieury two tp unc III tAyor at
American r1tlls. Tho pericaa here are unequal,
hut for Hi e'4lai t'iiIs frotr ls'5 TO 1878
TIE RATIO WAS HOUND 1O In
nlo,,t tho sumo Ilo niso dc,,icd that during the
rcriMl OF business depression, frn!n lsTl TO l8i.
i!yU now mills had lcsn nstnlat.sl. ns statedby
IT, wi!son e show Tint Tue 1"ty pr,te1Stedi e Se.i
leu1l oataIllshc In TINT tt;u.. Ii ,vferet'ec t.
the yuloan siils ho ,na!ata'ned + that 4 a'a4 at,s
tnn. ts not mosu. than II WIS in 1s,s.
when 1t brought. hit e4o. for the ret!*ou
St ss'Ss ts M hs s xEo xSs s fs isa.tss q; g It, K
hceti 10 stnal thu& tho cnpltai 'nyestod In II
iai ionis. ''it Tho chicaso, lhiriinxton + ouiney
1tan, which is named as nI1 nt tho 1ne'1!nrinl-
sts, haa cantrHcts for stsol rails maturing ~ The
rrape., by t1si!roals arc .n.srh !arHeF. Those Of
tho New Ynrk Central ART not l'ss thun 10 pur
cent Oil freight and u por eont on passengers
~ THEY WANT 30 EARNESTLY
tn help tho suffering fnr,ner, lot them reluco
their profits psr cont ThNt ~ grcater tha's
my ptiss.bla snercaso which couitl result from
tir., s,ntv - ,x.T0 tntnn ~ II whit mi ntYcrt