The sun., 1890-05-04

warning roads on Monday have aroused fresl
interest In the condition OF railroad traffic be-
tween tho Great Lakes and the Rocky Noun
tains. Beyond question extraordinary efforts
arc bolng made to improve that condition
and we think no ono who Ia cognizant Of those
efforts will cri icise tho statement that Mr.
Gould is doing az much rs any one in that di.
rection. He really makes only one condition
in promising to commit the Missouri Pacific
and allied lines to any proposition that all can
agree upon. 1t is that whatever agreement Is
entered into must provide for its UNQUALIFIED
enforcement. 1t is possible that Mr. Gould at
taches too much Importance to the Union Pa
fc-Northwest alliance as disturbing factor,
but he must appreciate. as every one else does.
tho futility Of trying to break tho union be-
tween those two powerful corporations.
1t Is noticeable that Mr.. Gould has so far de-
clined to be interviewed since his return home.
In the circumstances his silence seems TO 10
commercially politic. The condition OF rail-
road trsGic ut tho West is. without doubt. un.
satisfactory to him, but he would gain nothing
| by giving vent to that dissatisfaction, WHILE In
| connection with the Presidents OF the various
lines and Chairman Walker. he Is enleavorng
| to secure permanent adjustment Of existing
differences. At the same time we are positive
| that sufficient progress has not been ma 10 in
| those negotiations TO warrant any one who IL q
| party to them in taking the public into his con-
fldence. Mr.. Gould is keeny alive to the seri-
Gus damage that might follow failure OF tue
| present negotiations since such an event would
| leave but one course to be pursued, namely,
| more aggressive fighting.
The necessity for restoring and maintaining
| rates seems to be so great that. with tho man.
| ayers unanimously in favor Of harmonious ac-
| ton. 1t would seem that the chances were in
| favor OF their coming to an agreement But
the problems presented to them are not easily
solved. They are seriously hampered by the
experimental Interstate Commerce law. The
railroads have given that law fair trial and
so have the people. aud both find provisions in
1t that operate enthusiastically. Both are dis
| satisfied with the absolutely unreasonable
long and short haul clause" It is encouraging
| under tho circumstances to note that the COM
| mittee Of which Senator Cullom, one OF the
| sponsors Of the Interstate Commerce law, is
Chairman has found after carefullinvestgation
that the long and short haul clause places the
American roads at most serious disadvsn-
taRe in their efforts tn hold the traffic that is
rightfully theirs against the encroachments OF
their unrestrained competitors, the subsidized
Canadian railways. The long and short haul
clause ought to be repealed for two reasons.
One is that 1t is at variance with long -estab-
lished and sound business principles. and
IL
possibly, the Canadian railways which
alone are benefited by its enforcement
With that clause out OF tho way the railroads
could adjust their rates In way that would AZ
once dispose OF many OF the difficulties that
now beses them. The present sentiment
against TRUSTS Is 30 strong that it is not un-
lily the provision OF the Interstate Commerce
lay, Ian prob prohibiting pit G pooIinG BY not doing 50 it
suit in another way, that is by consultations,
leases and close tratiic compacts. which will
eventually reduce the number Of railrond sys-
TENS IN the country to less than d zen. each
eontrollbtng @ b large sector, OF country. much
sorbed and welded together the TRANSPORTATION
FACILITIES of the Eastern-Soutu tates.
Now Now tha; h the Silver bill is less prominently
cuses we're coming to an agreement on the
main proposition of increasing tine supi " Of
the Dassage OF such a, Iill. They have no real
to fe the hs aF in Iss
as vital that the measure should be PASSED,
NoF sod too ~ pfa hs be
that i they ,5y to nress their adyantSse loo
wh9 take the broadest view of events
SlIi as assured i !. ]. passed Within thiry iESS
aaey t6ae S M beeoms a bso SSfy days
consumed in getting 1t upon the statute books
tion to the Time usually required for perfect
There is enough that is unfavorabe in The
courage bssr ShG Interest d,,Id that
three days. The heaviest selling the lir+t hall
Of the week was to realize profits. I he last half
giveiy for short than for long account. Per
h0ps, the most important development TO be
aEsment is The DAMAGE to. winter wheat land and
the uniayorAble condition Of the cotton crop.
a. sS VIII sho To-" Hss4 TPsss % ST
extent compensSte the producer; but the. rail-
roads will not be able 10 offset decreased ton /
must sui I've watched critically Our ioreiSn |
trade Will also bear eos@ scrutiny. Ms imports ,
than exporiS Still DO unfAyoTsble rssulf need .
bO sxpected on that account as long Rs Europe !
she has during tho last ten days. The Iron
trade IL bearing out the Views expressed Ia |
The eoumh sPes tae irSt 81 re yfar that the
sysTpredustlon. ssGeelal!y at The soYtG.
nSrkst a. long as the general sentiment lSSorS
SPis"s. SSfsSATk Thai % SSsb ss6tSsat S SSs %sa Essn
aroused 40 one who follows The liie " Wan
HsSf SSsS ana 81. Sssas a1s - Sns
IhaI u lS basod upon sonlethinE substap iAl
lfEltlnsts demand ioT god sS soegrit,es ~ D9nne
EEshsneS IOasd % eI5SlO.DD I.sr value. 81
ghlch ogog QUO 1fb gsfs tbs nsg issgr ol tue
Hlssourl. knnsAs and Jekas IlhlIEaJ LyuI'ang
To-d6YS stock market Ahs illfg Hc' 40, win
A(ebisob leading 10 strength aDJ YpyV
london UAs q eOnepieuouE buyer - u lLS
snaloFliV IN siorks UsfS unisgDfsbY Affected.
~ M a email HAg, bb DGg eSrlgBhl HsllinE. Tue
LanE StatefDsnt FbOaS1 ~ rhAtisg NJ IDDJI-
faase. "a .lleIl danfsAAo 10 lis bufIIluS fhsnTgs
, ~ doe " little larger doIohiL The ioBs ~
Va sssass.isd VIII che Ahal pTlnss Oi last rat
usAa1 tlls sBtlIs lot u Ligbsf jls BIOts lnl.
igeleI5sd. r. Z ,s1t AifLlsnhi q, lgglBe
MaII Iy.g f0ulhsillp Hnd Nashville nud Mao
Lsfta6 ~. aar1 Bks khOis . Dragon
fIahssoi,iB 1gial sEeslinF sbd lass IJfs.
4 ! :. ai,ads fs,uibsrg. :, E0'TsaS uHL !
hIsaSuT IRnlAF apd hIehipi19 1Ya I. D'pHL
sGs n il.ilf, Agd rbisasO. BsIliEs OB ald
fyss ssls, GOn,paIs silD aioss ol ,ssl.Jasy
IiAsls ~ - ~ ~ ~ F ~ y
7 sl-a..l' -. - +. gI. D faHna fuH. IuF.