Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1888-03-03

GERMAN is to be eliminated from the
course of study i'll the public schools
of st. Louis as the result of the cleo
tons for members of the School Board
in that city few months ago, when the
question was made an issue. The
report will be adopted beyond doubt
model German pub!ic-school' city iii
America. In no other was the leu.
tonic tongue carried to such a degree
of perfection, and in no other ty were
the results so satisfactory. But even
then it was but n comparative, not an
absolute, success. Even the children
of German parents did not take to it
very kindly, and for children OF Eng
disappearing parents the study was y
protitless task. After leaving school
they made no use of tho smattering
there acquired, The elimination OF the
study was called for long ago.
RUFUS HATCH, the veteran Wall
street operator. thinks there is too
much railroad building in this coun-
try. In recent interview with
writer for the ArhnnSdtO Trareler, he
is reported rs saying: In the past five
or six years four additional transcon-
tinental lines have been built to the
Pacific coast--the Southern Pacific,
Santa Fe, Northern Pacific and Cana
dian Pacific; while the Northwestern,
Rock Island, Burlington. and st. Paul
are pushing thousands of miles of en-
tensions into regions where they will
not be needed for half a generation to
come. The Northern Pacific, Mani
toba, Northwestern, and st. Paul last
year built nearly $500 mics of rail
road in region where the foot of man
hath rarely trod and the eve of God
hath seldom turned. The annual re-
port of the Northern Pacific shows
that the operating expenses of its
branch lines and extensions have ex-
ceedel the receipts this year by S462,-
O0r'. The company has recently asked
for loan of ST., 100000 on third
mortgage bonds, while the Manitoba
parallels it tn ough over 7CG miles of
its best territory. The Manitoba last
year built ], IA miles of new road.
Mortgaged at $4,000 mile, it
will amount to $2l 100000, and the
fixed charges at 3 per cent. will be
over 81 $50, 600 year. Ii the same
rate of loss on branches and extern
sions that is shown by the Northern
Pacific prevails on the Manitoba, its
annual loss on the operating of its new
mileage will be over S2,0JO,000. This
'ould render it necessary for it 10 re-
allie S',C0G,OC0 a year in net earnings
on its old lines. The St. Paul, with its
increase of 1862 miles, shows a marked
decrease in its gross earnings, with
continually increasing expenses and
fixed charges. The Santa Fe, para.-
leling much of the best part of Gould's
Southwest system, has, within the last
two years, succeeded in disposing of
nearly 500, 900 of stocks and bonds,
making total of some $l3o, 900, 900
of Autographs and chromos it has I'M
loaded on a very cont ding public.
But why pile up such details? The ag-
grcgate Length of the new railroads
built in this country in 1857 would
make twelve straight lines from New
York to the Mississippi River, at a
cost of $40, 800. Nearly all this
reckless building has been done west
of the Mississippi River in sparsely
settled wildernesses, where the roads
will not be needed for years. They
were built for about $50 or S1O,O
a mile, and turned in on the stock
markets at $40, 900 to s25, 0Op."
TUE aarpnSfnaSs IF 1ifo 10 thn o,1,,