The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1881-03-24

they can give other combinations Of capitalists
tho control of the whont, lnnl,cr, cotton or any
other product VI tho United Mates. There II
more than q suggestion Of this In the action
Inst winter Of tn. railroads connecting tho East
aud Wcrt, In raining rates at strnko III the rcl,
from - ansl ~ ccntN hundred pounds, 10.
tween New York and Chicago 10 ~ and 10
cents hundred Tho immediate fcsnlt war
u thp fntm Chirngo Nas filled up, and
word Ind IL BIO sent back along tho rail-
roads to take no moro grain for shipment.
Tho roadside elevators nllcd up, and the
farmers found their market gone. Az u Imp.
pencd, OH this occasion they had already sold
tho most q their crop, but the occurrence
shows no the outlet for wheat could be cut
on by combination VI railroad mon and
spccniators, Just ~ the outflow Of oil wAs
cut OF by tho STANDARD and the railroads.
Some Of tho Spectators most prominent In
III. recent wheat spccaations arc powerful
or 10 raise and change Tho freight rate At will,
these specializing directors can control the
pficus the West shall get for 10 grain and cat
tic, and those the East slall pay for its bread
and meat. The New York Chsmbcr Of Com
mercc, on Feb 3, lSs0, unanimously ADOPT.
III \ report -rgned by Benjamin y. sherman.
Francis II. Thnrber, Charles \. Smith, jackson
i. Rchults BENJAMIN u. Arnold, Jacob Wendell
and Charles &. Dodge in which these tngnlAr
words occur what has happened III tho case
Of the standard I'll Company mat happen III
ether lines of business. With tho favor OF the
managers Of tho trunk lints what Ia to prevent
commerce. in the rest Of tho great staples from
being monopolixed In similar manncr2 AL.
ready Il IL taking this course. One or two firms
IN Baltimore. Philadelphia. New York and los-
ton, with their branch houses In the West, arc.
by the favor Of the railroads. fast monopoll1lng
the export trade in wheat, corn, cattle and pro-
visions, driving their compositions to the wall
with absolute certainty. brcAking down and
crushing out tho energy and enterprise OF tho
many for thu bcncht 81 the favored few"
The case Of the Standard Oil Company
brings tho three great trunk lines and their
nlagnatea, Scott, Vanderbilt and Jewett, great
national export and Interstate commerce, into
one condensed illustration Of our subject, but
otherwise Il Il not peculiar. Mr.. Vanderbilt
assured the public over his own signature that
tho New York Central made no special rates.
Mr.. sterno's examination Of the officers and
books 81 tho road proved the existence of6,0u0
special contracts. III. Northern Pacific, which
has been built by grants vi land from the
people, and which Il now an applicant before
the peoples Congress for the extension Of its
land grant, gives special ratcs TO the Dalrym.
PIES. the casses. the Grandins, with their 81
900 aud i0.OOO-acre farms, ana charges the
poor farmers full rates. The n. Paul md
Sioux City railroad furnishes the large farmers
along its route with rates oneshalf those
charged the small farmers. Who are the large
farmers? President Drake. ~ the road Gen.
Bishop its manager President George l.
Siney, OF the Metropolitan lank Of New York
Mr.. Orr. 4 partner ~ the great house al David
Dows CO., OF New York Goldschmidt. III,
rich German banker, OF Frankfort-on.the-
Main. and every director on the read. The in
vcstmenss ~ these men average return III
20 per cent. the first year and 81 per cent. the
second vrar
One mind Invented The locomotive. cs,al.
lshcd the railroad, and discovered tho law Of
this new force. All railroad history has teen
a vindication OF George Stcphenson's saving
that where combination was possible compcti.
ton was impossible. To-day, wherever in
this country there il 4 group of railroads do
ing h,isinsss At common point. you will find
a pool. These pools are nothing more mss.
FERROUS than combinations To prevent GENRE
Ii ion. They arr continually hrealing up into
railroad wars, hut as constantly forming again
with Improvements gained from experience.
The Saratoga agreement the Colorado pool.
tho evening system, the Omaha pool. III
Southwestern Rate Association. the Southern
Steamship an Railway Association. accounts
q which arr continually appearing IN tbs
papers, u BE- always skipped by the general
reader. arr all experiments In this Que Iii
rection--comlinatio to kill competition. For
three Years cur ahlcst railroad m.n have been
trying TO invent = ra,ol that should IN, All
railroad traffic l,.mc,h the Mis- is. Il river
and the ports OF Europe under one control
The New York Central. the E,ie, tho rcnnsyl-
wanna and the Baltimore AMI Ohio roads. under
the dlr,ct,on OF Mr.. Alher. Fiak. the CREATES,
af our railroad experts, have formed comb
nation under the title Of the Trunk Line Exec
uavo Committee. which, beside Themselves
includes tairty-two Western roads and one
great Southern read--the Louisville and Nash.
VILE. These roads tax the people in their ten.
risory Sisi0Oo,uNn = year for transportation
This pool likes for each of these roads The
rates which II shall charge and the proportion
Of the entire business il shall do. Only tws
important Western roads east III the Missis.
sippi do not belong to il, the Rock Island
and the Northwestern, but they arr both in
the Gould-vanderht system, and arr op.rat-
cd In substantial harmony with the pool. Tx.
Coy Seymour, 81 New York. In an interview
at Utica with a special correspondent Of the
New York WWsL held that national regua-
ton u the railroads ought to IL opposed
BY New Workers. l.Saasc il would take away
from New York It's advantage IN position in the
struggle with Boston, Philadelphia and RAlh.
more for the business Ut tho West. Gov. Soy-
mour IL apparently not aware that the Fink
pool have already done this. One Of their Ii. .in
regulations is that rates from common Western
points u shipment. like Chicago, ~ Europe.
York. Boston, Philadelphia or naitimore or
this latest poc. Mr.. Albert Fink Is the excca-
tive, periodical MEETINGS Of the representative,
Of the roads form it, Legislature and heard Of
arbitration, composed IL Charles Francis
Adams, Jr.. John A. Wright aud David 4.
Wells, ia its judiciary. II has lasted little
ovc< war, and iss members arr bound IL keep
The peace nl 1854. Il Ia q stronger
union than any Of the roads have yet made.
aud II the most powerful. the richest
and tho ahlcst trades union that has vet con.
fronted any government or people. It's man.
ayers claim ~ have abolished all special rates.
All shippers. Commisslon.r Fink said at Ia,
meeting IL the pool legislature at Chicago in
Decembef, are treated alike In the territory Of
the combination, There nlnst hare lcca h,g
mental reservation a. 10 thu standard IN
Company and lis competitors in Mr.. fnk's
statement. lie also says. rates sre now liked
on reasonable basis aud q permanent one. A.
10 the rcasaaAllsness, IL must H. remembered
that the increase IN rates last winter exc ted
great deal Of indignation in the West. aud was
everywhere claimed h hc unreasonable IN that
part Of the country. A Ii the pernancncc. i,
l. toa soaa 10 speak. Mr.. Fink
drcsms Of taking into the rocl all tas
railroads between the Mississippi riur and
the ROCKY mountains. and the Southern sys-
tenn, and 80 ferMsiiy great national fedora
ton Ut railroads, There mus, he emo universal
poo. or no pool. To make these pools linllny.
hc plans to Ask Congress u cnfufrc contract.
between railroads, - that. il rad violates ,ts
NHreeMeh( NOT To cuMlete. Il can ho brought Ia
terms Ia tbs eonrss. Whatever merits il mar
have. the Fink pool i secret. irresponsible. ana
voluntary only. Reporters thar IL. the Pal.
he were excluded frum the annual meeting al
Chicago, The pool il mol Of thu people These
pools must be either dispersed. ii III, Resgan
hill proposed, or controlled. a. Charles Franc
Adams. Jr,. would do, by leealising the fedora.
ton. The cat must bo killed ar hrllcs. Ia
either cAec Il must 10 confronted hy ROVER
greater than itself. There il hut one such
power.
Our experience in the foss of 1871. in the
countless cases II excessive and unfair railroad
taxation fairly represented BY the case of the
standard Oil Company. aud in pools, which
have illuminated in the Great Trunk Line Ex-
ccntivs Committee, mAkes il clear that an Ads.
onate power must b called in TO secure these
things,
First. Railroad charges must b public
Publicity y the great moral dlsinfcctant.
|. Sceund. They must be stable. In transport.
alton. ~ in currency, taxation and the law, /,
h Indispensable that the citiRen know what b.
count On
Third. They must h. reasonable. They
must be hassd ON the eost of the service, tot on
what people will stani, The community viii