Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1890-02-21
A PLANT AND PLAN.
The First Being Against Rail-
way Regulation.
AND TEE LAsTA RADICAL REMEDY.

Pre<Seea. Blaek.,ene. of she Alton. At
LAvs-opPoseA 10 Regulation wEthoes
o~ner<hir. He Presents a Prepc>ition
That Uaeis sAn Go Inso Business on
the Ground Floor and Take the Roads
CHICAGO. Fsb E-The rspcrr Of the Alton
railway Ess made pzblc yesterday. and in
il Pr=a3ent Bi.cksroos 6eroses great Seal
o. spas 20 tAs cO1s&ierat5oa Of the railway
aae<tion IS relAsei TO governneas and state
k=z<latsca Re refers extensively 70 exist
l.us aai decisions q tie courts. Il, cocsp.rl-
son With the Pclsey Of ths English govern
nas1i. ard rO1ndly Condemns The policy Of
The government IN permitting Overlooking
The Original Coatrast.
In the co1rss Of his remarks Mr.. BlseS-
s-Oos ssE-= Each railroad ecxporstkoa- Be-
fore coscDe1clng tia cc1srrueticu Of is
railroad sa-sTsI into contracs sira u1s o.
uso-s Of tbs s.s.s gOv-xrnents o with the
federal government sub contracts were
,. tSo easss=s In one class the government
Sgr'sea -iiEO1sTessEvatioat that, a. consider
stsor far ec1strue1ing and operating rail-
read hezvesa certain designated points, and
fer p<0vi1inz tas nss=szry Doosy to par
rhs co=t % the sS1ls. the railroad ccrpora-
tSon st0z3 have tie right, during IL cor
PorAts sxist=ncs, 10 establish, iron time TO
time. and coliscs REASONABLE rates for trans
Portat;o7 over the railroad whicA Was the
s1bl7c1 81 tie oonfrscI Al contracts Of
tbs CAS- were p1Tsa=nt 10 SPECIAL Bsziz,a-
tive acts. ccmnoaiy called sp-clAi charters
= - -.
declaration ey the government that il wozld
N good faith comply with lis agreement Was
Necessary. nor was II then sqpposed that the
goTsruz1snr would resort 70 contracts for
bzilding competing lines for the pErposs q
reducing rates beaow such as were corsii-
srei rszson,b,s AZ TIE tine such contracts
were u.ats-
Profits of ssoekholder.
BE thea gce= On 10 give statement Of the
div13sD3s pss1 by railways n lSoS Eighty
three cut q 60 corpcratSo1s paid divi-
as1iz OF t1-ss sixTy-tOzr paid from 10 TO
psE cs1t, and TIE o<bz nineteen 70 l
per ext BE says. Ii E1l Be noted that
only about o0sssgEth e tie operating rail
rad cozpsnias we're abe to paw dIyiteuuis
and about o1=-fozrth % these pail les. than
per out Tnz total amount paid 70 SHARE
hol6srs Ct al railroads n tts United States
IN ISIS l. eq1al TO o2-loo Of par cent. Il
l5-7 tie s-nOznt pail 20 Shareholders va.
equal 60 7I-Ioo q pr cent With an in
crease & trSthe IN ISIS % more than IA Der
cent We End the divisible profits refused
10. per cent TIE average rate pr bashel
for transporting wheat from Chicago to
New HOrk, al rzIl, vas il ls73, = cszts.
IN lsos. "A ceutz-
Heavy Losses of the Roads
"a - - .
conPesIuo1, overb0iiii1s aud STATE and
rs1=<al ilGsTfersuce the value q railroad
p~op@rVies N tie United States has b.vzu r.
dEced = tie aS- Eve years nearly 81 .ou
90 90, a1i : nov beS1z rsicoei BY tie
p.oScy q tee state aud federal boards az the
rate q sl.ooo.ooo dAy. he SAYS that Il
ssez1s unreasonable % eKpscS that tie PEG
pc wi derive any benefit from coup=Sftioa
between TAilros3s Uzisx exstinE circau
stances eXcePs a. tie cost % capital invested
so1 Claims hat with seye1-Stxnths Of ali tie
re1eruets u The United States TO-DAY tie
4Ses11o0 . MT how - make 9 profit,
ut hoE % maintain their sxissence
A Radical Propagation
he szsse<S Is tn Wsy oct q tie di-ti-
Guilty that the feieral zOverunsat sail ac-
9UIrs conrrol q The railroads under c=r-
tain ooo6lrloos All Organize ecrus Of
railroad oFsratozs VITO shall remain II tie
service GE-.az good behavior. and Dc n. 10
greater 1ezre= UR5er the inErsaoe q poll
Ssc-sns O. political parties than the army
militant, and Yc0l,ss thai
Tie nstsoCaI gossruuseur sail sn1uire
o~Dsrship u al TIE railroads II the United
STATES <k5cS are nos Used for interstate
tra1c; s-cA railroads % Dc acquired BY the
exercise O. is r.snt % szuin4at domain. o. bT
PS-rct4se, Under s1ea Eulistl0xss sai r1les
IS % pEscs as co1zress nav d-termice
PAymsn; Ia Goyerunear Bead.
PayDs1t therefor 70 De made by tie issue
q sOFeFnr-sos bonts tszartog tnterss, a.
rate nOt exceeding PEI csar Der anna-a-
sal bozsis - - re1eeG1si o. TIE annual ap-
plscztlo1 II = sinking taai equal Il amour,
70 Pc csar- q TIE xbole arso1nt II such
boads Ess0sa. the sanasl interest aud sink-
~ fund 70 Dc pad from cbs let earnings u
tcs railroads. and tie rates for trzospsol Ia
tlOn from Year 20 year 10 be redsced 80 - 70
proy1ds ID E1oE- IEoEes than sAsl De nssiei
tor sacA payments
Schedules Of Rate
-Io tie end that citizens Q. each state
seA- o= required 20 pay 10 srssIsr rates for
ua-sp'ortztlon than ss.su b necessary 20
p-o5zoe al annual amount % Il. earnings
@ ths railroads II tc= STATE II which thew
reside eozsl % Tia annual interest and sink
ing fund On res ooa3s lss1s3 ~ the govern
D=1T u pEyns1r for sch railroads SEP
er2-e sc1s1El=s q rates shall BE made for
t-a1sY-oTtsttoc O railroads IN tie several
states, sna changed tron tine 70 time, q
may Dc DscssssTy 70 SECURE that ob yscf-
In= management Of tie roads Is 70 Dc IN
der tie supervised o. . national hoard Of
directors. -ho soz1 fX rates fox tier state
r-sf5e AID approve ttose SIsd by stats CON-
ni-slocs-s- Proper proyissoo s1su De made
tor p@-suas in1zred 81 ACCIDENT uhile IL tie
s=EEsee, and tor such e. nav. after having
s<fFst " Fears, b=cone sap-Fsnosts4
A Pessimisttc L0sk Ahead
In dosing President Blackstoue rAk-- q
E8oouT view q the prospect q tns railruais
securing justice and SAYS q tie Chicago
ard Alton
Why yo1r railroad Is no~ operated vIto
more fzvorebse results than nany other. N
u. re<- -zs explained 70 yO1 n 0ar last
snr1sl report Brisey stated tn EsAssn l.
that for E-2ay yszTs yoGr company has. a.
lar - posScie, oOotir9sd % p<spzre for
-bs existing dEaculti=s un5=r which
al ves-@rl railroads noE labor Your con-
penv h 81 sxos01so1 to-day. tot ne can give
yoE e szszTsuoe that II viii Ionx 50 co..
7ncsL i = certainty within tie power Of
IL SCTsrn-D=1r 20 co1-inas il present. poi-
icy L II dos Continue Il tke-e VIII soou De
10 excepts11: ali viii Be involved IN one
co11On o-s-r1ceio1 % railroad values