Southern standard. (McMinnville, Tenn.) 1879-current, 1884-01-12
Are Reasonable Rates Offensive ?

ending Sept. 30, 1883, which has res
Gently been published. The year was
a successful one, the gross earII-
ings amounting to S33, 77O72l,
the largest in its history. The net
earnings were $13,020,127
The cost of the road aud equipment
was increased, during the period un.
der consideration, nearly two millions.
OF the amount 1855, 232 was exppnd.
ed for additions to the rolling stock.
The company now owns $50 locomo-
tives'and 26, lat cars Of all kinds. The
earnings pprton per mile for freight were
80 81, against so. 70 III 1882, the net
profit per ton per mile being % cents,
against l3 cents in 1882. The earn
ings per passenger per mile were 81 SO,
against 81 80 in 1882, and the profit
was 6o cents per passenger per mile, as
compared with 65 cents for the Prev.
Gus year. No more striking example
of the effect of the maintenance OF
rate could be adducpd.
The freight tonnage was little less
than in 1882, the greater part of the
falling of being in the through bust
ness. The number Of passengers
carried was 437 ,046 more than during
the previous year, but the Increase was
wholly in way passengers, for there was
loss Of 1892 in the number of
through passengers. The fact indi>
Gates that the company finds that the
diversion of through traffic is more
than couuterbalanced by the growth OF
its local business.
The officers of the New York Cen
trail have cause for exuItation at the
showing for the year. 1t reveals salts.
factory progress and jHstiHes anticipa-
tions of still greater prosperity.-[St.
Louis Railway Register.
1t will he well for our agricultural
and manufacturing and shipping friends
to peruse CAREFUL and thoroughly this
magnificent showing made by one OF
Vanderbilt's roads. It. will make the
producer feel very poor and despon
dent, when he sees that the railroadt
secure a great deal more for transport
ing his products than he receives fol
bearing the burden and heat OF the da,
in getting them ready for market. j
is tn this class of people that all talk o
regulating railroads and compelling
them to take reasonable rates is "of
fenslve." These men forget that al
this vast wealth and all those larg
dividends are gathered in from tn
toll and sweat of the husbandman ant
handicraftsmen of this mighty country
We defy the champions of the rail
roads to show anything on earth, wher
work is done, that can make anythin
like the exhibit which we give above
The Vanderbilts, GOulds, Carrots an,
HuntingtOns have managed to g
control Of the vast railway systems {
this country. BY the use of these lin,
they erected palaces, and in them di
play as much magni6cence and extravI
gance as any royal house in Europe
Their children are millionaires, and b
the intermarriage Of their offspring
like the Rothchilds, they have estal
lished houses that vie with the nobilit
of the old world. This is the onl
age of the world wherein men ha,
lived who piled up SlOO,OOO,OOO IN
lifetime. Now. whenever the Sta
comes along and puts its regulatir
hand on the mills, ferries, turnpike
and hacks Of the land, and at the san
time seeks to regulate the railroads
conformity with the decisions of Il
Supreme Court of the United Safe
these monster monepOlies kick and p
up a poor mouth, and talk wild
about bankruptcy and ruin. Any 81
gestion about the State exerting its j
herent right to regulate and contr
persons and things within its bord
is resisted as offensive" by the
American barons. The farmers of h
country are entitled to reasonable rat
in the transportation Of their prOduc
The Supreme Court of the Unit
States says that they have this rigt
The showing of the above road and