The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-04-26

,.,l;o 800 ~! VIII De satisfied ~,
lo.niug less. II a Uniform system Of WIN
: 70 pe maintained, and ali the i Sales
snoe o' snort lines between rival ,r rnq
.eu.es, Interstate competition with ssi.k
PING on our seaooard, river and hsalp-
transportation, ana the competltioss y
great lines al points of Junction, are !. o
uisreEl I'M tneh enterprising com NM, nv u
iies wIil no longer have any inducemslnll,'
lot lne construction OF independent ina' IVY Y
r&hWay; anu tne monopoly OF business s = !.
oe yielded 70 the short line at every n siay
OF cohpetltlon, because no line can i pla.
TO gauge It's whole ousinrss by the ra,a 10y. ~
must &c maze TO secure a share of Il ia
often the case that short lines s,a = y
structed IN The interest Of Communist; von'
between trunk lines, to force down tbe ries,
OF r9eus Already IN operation. TO as ,aeS
pllsh thls some freedom of action NM.
lett the line that desires to secure this ~ y
ness rs well as the one that desire, 10 gus s,
It, and some margin of profit, must ba N ile
the short line on local business To ensh, Wy
to carry its share of the through bnsi"s, !
At the competitive rate. S"''utSs
| venture the belief that the mo.. 80.
cult ptoblom of railroad science ' in y ui'
tor the next few years will be tho a asNas,
ment Of rates even on the basis of N lust
ent maximum, so that the railroaS PIES
maintain themselves and their oblis ss can
to their creditors. A number Of thss aHons
constructed and being constrnc, 1e rG ials
new territory must draw th,ir s' mo
to considerable extent from the hrus,pO'I
which hitherto has gone to the al D Y.
These lines must look to the deyelor,mul0 's
OF the regions through which thew fa nsl
and to business brought to them i, pass
feeders, to cOunterbalance this Ioss Y u wv
ordinary railroad progress. this wonld mn W.
been squali2ed, but in the presen, a W,
ton, the necessities OF the great li,a eVlui
the influence of enterpri,ing mean 40
who will reach out for trade, upon n inn
wagon haul, will tend to attract trals Ky
new channels, while the new lines ~ NV
competing with each other, will ino u.t
the difficulty of the situation, Tho r";,s
statistican, looking to the advance ~ I% NV
in the last decade, and the comns. .sia
ratio OF advance Of other states, when Il,
had reached her present standard Of ~, as!
Eress, and estimating the capacity n
wonderful resources, under the innnen.s
railroad development, may be able ia uS,.J
out the problem of self-support for anhs.I
lines; but 1t certainly Can only be dom n
the light OF Il liberal and lust state nnIi,s
Several OF the new railways in conrs
construction are intended to be trnnk H..
connecting their central point with ibs N
tant borders of the state, with brsnSI
covering the whole territory. They AIM
penetrate the vast Pan FanSy
region, and bring the products of tho n".s
western states and territories to our az
seaboard, and open new markets IA, A
sugar, cotton and other products Of To,.
and the foreign and domestic trade bronsI
TO our coast by the enterprise ofo1r Ss
chants. They look to u share of the 5n,
ness OF tho great producing connie,
northern and northeastern Texos AMI
harmonious connections with new onl,.
through the Indian Territory, whichhms
ready too long stood as a barrier ar,ir,
the commerce OF Texas, as well as Gonna
tons with present and new outlets thmp,
Texas. They are to pierce the forest,
eastern Texas, and afford new lumber IN
ply for the great prairie regions, and th0
vast western plains to the Rio Grapdp
der, making those hitherto neglected
gions blossom with the prosperity Vli
now blesses the largely populated pcrtIou
Texas. They are 70 afford competid
create new centers of trade and msDuL
turers, increase the domain of agricuT
| by the cultivation OF now dormant AN
and give TO the stockman and shepherd
curity and increased value to his flOcns
herds. They are to plant along theru
way the enterprise, which will delye ii
| bosom OF Texas, and unearth that I'd
mineral wealth now hidden and unkDOT
| but which, ! have faith to believe, will Sol
day rival her agricultural resources In
alize, Mr.. Chairman, aud gentlemen, d
while the people appreciate the yaueo
great lines, aud especially the import,
service recently rendered the state BIZ
investments which have secured to led
two great lines connecting with the Pat
ocean, vet the people of Texas have
warm interest in the construction Of N
lines. Upon their progress and success
| operation more than upon Legislation
depend the question of cheaper transps
ton, the developing Of Texas TO a G
| measure OF her capacities, the p0Si
OF the cities on the coast and in the n
Tor i'll the rank of trade and mpOrr
and the securing OF new railway Ol
| beyond our border and increased III
tonnage for our commerce. They are
orally organized upon business priIoI
with mortgage debt of from $60l
$4,000 per mile. Some of them an
| tirely in the hands OF our own citzeA
are the outgrowth Of LEGAL necessities
| statement of their annual earninS
shown by the cOmptroller's report
tainly does not warrant the expeii
that they can at any early day 81
themselves upon u lower maximum
| the present. IL compelled To accept
senger rate OF 3 cents mile their pSs
ger business must be charge on
freight earnings.
frankly admit that the Trunk IN
railway with which | am Conrs
struggling as ii Is TO honestly sustain
pay q great debt created under the ne
Ties OF construction in times when al
securities were under cloud and h
| yet to make some return to Us y
holders, is, Notwithstanding lis Sh
central position in region rich in ID
rioultural wealth and business PROSE
born OF its progress, dependent, IN
measure, upon these lines rs ietds's
overcome the losses incident to conlt1
and bring II in connection with neHl'
communication with other States
enable ii, while preserving cords
harmonious relations with all conn
lines TO maintain its determined pdl
Independence of all eIsli1s
future combinations. Its effort hsl
promote their construction and dei
them in u just and liberal spirit
Even II the great lines should be i
make sacrifices, aud can survive wv
the fact would still remain that ihs
lines are now barely existing w.
present business. Whenever the
are reduced below the cost OF ope'alI'.
maintenance, railroads, more than o.!
species OF property, must yield y
eVitable demand for compensalion
most untouchable thing in thew.
wrecked and proiitless railroad
the revenues below q sell.sustainn
nru Mud unrrnu,l a.. nparufinQ q