The National tribune., 1883-09-27
OUR GROWING COUNTRY.
It's Industrial. Commercial. Railroad,
and Agricultural Development
FINANCE AND TRADE.
Latest Reports from Leading
Business Centres.

Negotiations have been concluded between
the New York Construction Company, repre-
sented by H. A. Blood, the former manager of
the Boston, Fitchburg and Clinton Road. and
Messrs. Linn & McCarty, Of New York City. for
the building Of the New York and Boston In
land Railway. This liHe, chartered in New
York, Connecticut and Massachusetts, locations
granted and surveys completed viii be lS0
miles long from Boston TO New York, sbso-
lutely in an airline, with no draw-brdges and
no crossings at grade. It wlli be OF double
track and steel rails, and il rs the plan of It's
projectors to run through trains between the
two cities without stops and in three and a half
hours, the fastest present time being over SIX
hours The line enters Boston over the Boston
and Providence track aud New York over Har-
lem. The contractors and Mr. Blood are now
on a tour o. inspection of the proposed line.
Mr.. Blood has been in Europe for four months,
and claims 10 have secured all the capital neces-
Eary on favorable terms. The amount of capi-
bal required OF the contractors is about S300J0,-
Doc, and 1t is claimed that Linn aud hcCarty
have furnished evidence of its possession and
given satisfactory bonds 10 begin work within
three months and finish it within three years.
The work will begin at both ends of the line
within the next month. Some sections OF thirty
OF forty miles will be tangents, aud there will
be several tunnels Both Linn and McCarty
have been for years in Russia, and have made
much money in railroad enterprises.
The Senate subcommittee on labor and eiu-
cation in New York, September Dist. had be-
fore them as Z witness 4. B. Thurber, the leader
of the Anti-Monopoiy League. he said that
the unsatisfactory state of the relations exist
ing between capital and labor was due 20 the
enormous changes consequent upon the dis
covery of steam and electricity, which had
reyolutOuized all departments of production
and commerce. These forces had been allowed
70 fall into the hands of few. Capital alone
had been able 10 utilize mechanical forces. and
labor hsd thus been crowded down great
difficulty in The way of reform was that so
many Representatives In Congress and state
Legislatures were in the pay of railroad and
ether corporations. In the last Congress"
Mr.. Thurber said, ." there were 264 lawyers. a
majority of whom were retained by corpora
tions or were directly or indirectly influenced
by them" Senator Call, of the committee,
thought Mr. Thurber's statement greatly mis-
represented the standard Of morality among
public men.
The stockholders of the Florida Ship Canal
and Transit Company have authorized the
board of directors TO make a contract for the
construction of the canal the work TO be started
&C the earliest possible day. The eastern ter
minus Of the canal viii be in the vicinity of
the mouth OF the st. Johns River, and the ca
nal VIII run across the peninsula at its narrow
est point. 1t will be l36 miles long. 230 feet
WIDE aud 80 feet deep. The committee ap
pointed to consider proposals for the construc-
tion Of the canal consists of S. T. Meyer, treas
urer of the company; General Stone. chief en-
gineer, and Mr.. Dill, of Virginia, an expe-
Tienced railroad builder and contractor
The Central and South American Telegraph
Company's lines TO Brazil We're formally opened
September 21 for the transmission of messages
The first message was one already published,
from President Arthur to Dom Pedro. Here
tofore telegraPhic communication between this
country and Brazil has been had via ST. Thomas.
The new line is established via Galveston aud
through Mexico and Central America, down
the Pacific coast 10 Valparaiso. and across the
Andes to Rio Janeiro.
A short sugar crop is predicted in Louisiana,
owing 20 an insntiicieacy of ram. A 6routh so
excessive and prolonged is seldom experienced
IN that State. Had the early promise of the
season been realized, the sugar crop would have
been much larger than that of last year; at
present the prospect is that the crop will be
below last years figures, though IL is possible
that an open fall and favorable weather FROM
this out may lead TO a more satisfactory result
convention composed of delegates from
nearly fifty tariff clubs and auxiliary sssocla-
fions OF American economists including nearly
I000 miners of the Hooking Valley, assembled
September Is. al Columbus, OHIO. Resolutions
we're adopted iavOring the protection of Amerl-
san products. both raw and manufactured. a
State organization was effected.
The imports of dry goods at the port of New
York for the week ending September 2lst
were S2,974.4f5, and the amount marketed
$325s335. The total imports since January Ist
were SS4. G65. .463, against Sl02 COB - last ye4r
and the amount marketed S93,7l5.I1S. against
$l0l, ,305 last year.
1t is stated that the dlsintegration of the
knights Of Labor is threatened on account OF
the proceedings at the General Assembly in
Cincinnati. The Pittsburg members will. it is
sad. withdraw because Frank X. Foster. free
trader. has been placed at the head of the exec
ntive board
The Diamond Match Company, owning fac
tories &t Oshkosh, Wis aud elsewhere. has
Issued price list making d reduction in the
wholesale price OF matches OF over 80 per cent
It is thought the great match combination has
been broken.
The liabilities Of the firm of Anthony &
Kuhn, brewers OF ST. Louis. are S3s5.Wm ans
assets $4,000. Mr. THORN. New York mer
chant is 8 creditor OF the firm to the extent o.
$4,000.
ar. VIM. Rockefeller. president Of the Stan
oard on Company, denies that the company Il
interested IN cartle-gTaling Ia the West or TAX
ing up Indian reservations for that purpose.
The failures for the week ending the 2ls,
number Ior The United States and Canada lsc
as compared with l73 last week