Daily Los Angeles herald., 1881-05-24

Gus, as CoDkIing has declared his
determination TO fight the admins
tration if reelected. The friends
of the President don't feel called
upon to enter q caucus fixed to re-
nominate Conkling and Platt
There is less confidence here of de-
feating CoukIing than last week, las
it is known that the Democrats
will help him rather than any Other
Republican. If Coukling can't be
beaten, his opponents will, It is
stated, endeavor to throw the elec-
ton over until winter. A number
Of Democrats have gone to New
York since adjournment to watch
the contest.
BEuce Assumes Office - Limit
Eseaehrd.
WASHINGTON, May 2S Regis.
ter Bruce, of the Treasury Depart
ment, assumed office this morning,
The limit of $3.50 000,C00 fves,
to be continued at 81 per cent, will
be nearly or quite reached to-day.
rae Senatorial. ettust,on-A DesMc .
cratic Uesseague fer ConAIing
esobsb.e.
NEW YORK, May 23l.-The one
danger in the New York Senatorial
complication is that ii CJnkling
fails to secure his election by Re-
publican votes, he will try to make
q combination with the Democrats
IN the Legislature for the return OF
himself with q Democratic col
league. That he cannot be elected
in any other way seems reasonably
sure.
NEW YORK, May 2Sd.-The Com.
meycidl Bulletin pub iSbes II
lengthy interview with Leland
stamford relative to the recent COM
ments of the Cham Der of Commerce
on his letter. He defended the
Central Pacific freight discrimina.
tions as follows: San francisco lies
on beautifu! bay and is in q posi-.
ton to command the commerce of
the Pacific. Its merchants can eX-
act q lower rate of freight and the
railroads are satisfied with nal-
rover margin of profit than in the
case of Salt Lake; yet, in its turn,
Salt Lake is henefitteJ by the rail
road. Its freigbC is taken to the
seaboard twenty times cheaper and
much more rapidly than If the
road did not exist. The merchant
at Rochester Is obliged to pay
higher freight TO the seaboard than
the merchant al Buff ilo. 1t is his
misfortune that he d res not do bus.
mess at a point of advantage,
though most of the grain for the
seaDoaid passes him, HIS only
remedy is to pul! up stakes aud
settle at Buffalo But If the mer-
chant at Rochester complains, what
shall he say of the vast multitude
of cousumels? Railroads are not
benevolent institutions, but they
are beneticent. Cheap transporta-
ton for through freig bit has rem.
dered starvation almost impossi-
ble. The few thousands ot land
lords in Euglsnd may not like il,
but the vast multitude OF c)nSum
ers the world over have been bene-
fitted by the systsm. "HOw about
Determinations made to indivld-
uals living in the same locality ~
Gov. Stanford could conceive cir
cumstances where this would be
ju-iiilabie, as when Il competing
road was giving cut rates and It
was necessary in self-defeuse to do
so. Under these circumstances, q
man at Chicago, for instance, mi hit
get cut rate which his neighbor
might not enjoy, but the Governor
could not See how the practice of
making DETERMINATIONS between
parties living in the same
town could be justified ex-
cept in special circumstances
His road has never made such
Determinations at any one period
of its history, nor does the Govern
or believe that any road makes
practice of discriminating rates be-
cause of favoritism to any individ-
ual. 1t is unbusiness.lIke. Does d
banker loan money to friend
cheaper than to a stranger, other
things being equal? Is it rule of
business to show favoritism in this
way? "HOw about the anti-m0.
nopoly movement Gov. Stan.
ford did not think it would last
much longer than the granger
movement did. Both are founded
on false premises. 1t is incorrect
to call u railroad monopoly. The
only real monopolies in this coun.
try are those created by the patent
laws. For instance, the Governor
understands that J. B. Thur5er
(who is so active in the anti-mo-
nopoly movement) has patent for
making oleomargarine, and if he
was 30 dishonest as to sell it as
butter, and no one could enter into
competition with him. that would
be monopoly. On the other
hand, under the corporation laws
of California, fee Of SO will pay
for articles Of incorporation that
will enable company to huild a
like railroad in the State parallel
to his own. A stock company IL
not a corporation; it Ia O co.opera.
tlon. 1t Is liable TO error, of course,
ip com mon with all such ipstitu-
tions, but 1t is more likely uniform.
ly just than an individual would
be. A railroad company lays down
for the conduct of its employees
laws which the common sense of
business demands. The employees
cannot deviate from these laws.
They are given no latitude for in.
dividual judgment or caprice. On
the other hand the merchant is his
owp master. He can change his
methods and his rules at any mo
ment when passing prejudice or
greed controls him. So long as
this Is q representative govern.
ment, so long as the majority
rules in this country, there Can be
no danger from railroad corpora.
tious. They cannot exist in an
tagonism to the will of the m sjori.
fu and thar ~ >. ~ ., 4 -. L. -