The advocate., 1891-12-09

nature Of things, be the ultimate result
The cry that has been raised over the
state that the Peoples party last winter
tried to injure the railroads is an abso-
lutte falsehoOd made out of whole cloth
In proof of this assertion l ask the read
ers of THE ADVOCATE to carefully read
section 10, of House bill 74S; it is as
follows:
Sec. Il. The said commissioners shall
have power at any time upon complaint
made to them in writing by any person Of
excessive rate by them established, or may
without such complaint if they shall bt
satisfied that any rate by them established
or in force under the provisions of this act
or adopted by any company, is unjust, upor
ten days notice in writing to the company
whose rate Is affected thereby, and after
notice to the attorney general, proceed tC
investigate the reasonableness of the rate
so complained of, or believed to be unjust
and make such reduction therein, or in.
crease, or other change therein as shall seem
to them to be just and reasonable; and the
order by them made shall 60 into effect al
such time as they may FIX, not later thar
ten days after the establishment thereof
and shall be the rate of maximum charges
to be charged by said company under the
provisions of this act, subject to all the
penalties herein provided for; and its adOp-
tion may be compelled in the same manner
as provided for the enforcement Of Othel
rates under this act.
The above is section IL of the general
freight bill, that has raised such furol
in Kansas. Any man Of ordinary intelli
gence can easily see that had this thii
bill become q law, 1t would have beer
impossible, under its provisions, to dc
an injustice to the railroads. The only
thing sought by this measure was tt
compel the roads to do business at JUS
and reasonable rates. This the people
have perfect right to demand, ant
would be little less than fools if they die
not demand 1t.
And as an evidence that the railroad
of Kansas are In very fourishing con
dition, 1 present the following takeI
from the JOupGI of Finance:
New YORK, September 14.-The Journa
of Finance publishes the following specia
from Paris: The Journal of Finance cor
respondent is permitted to make the fol
lowing extract from an extended lette
written within the last few days to famil!
connection by Baron Rothschild. The per
mission is from Baron Rothschild himself
The letter says:
For the investment of the sum of none!
you name can recommend chiefly the ad
disability of buying American railways
Here your will find the maximum of prob
able profit and the minimum of risk.
During the unhappy circumstances that
have demoralized the whole financial worlt
during the past year, America has lOOmeC
up almost alone unhurt and stalwart. Wha
has damaged the rest of the world ha
largely, indeed, been to Americas sdvant-
age.
We have this day received advices from
New York which add materially to our con-
fidence in the future there, and for this
reason, respected cousin, we have no hesi
fancy in counseling you TO invest your
money in American shareg.
This letter mentions four railways as es
pecially promising as Investments; among
them is the Atchison, Topeka & Santa Fe.
Last winter ex Governor Anthony trieC
to make the impression on the House
railroad committee that the railroads o.
Kansas were actually losing money