The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-05-18
RAIL AND CROSSrIH.

The executive committee of the Interna-
tional Railroad Ticket Agents Association,
representing a membership of 500 in this
country, Canada and Mexico, met at Phila-
delphia and arranged for the annual meet
Ing OF the association to be held in ST. Paul
next September. An Invitation of the
Northern Pacific for the association to take
an eleven days trip through the Yellow
stone park at the conclusion of its meeting
next fall was accepted by the committee.
The formal transfer of the Green Pond.
WATERFORD and Branchville Is. c. railroad
to the authorities of the Plant Investment
Company took place day before yesterday,
when the old board of directors resigned and
were reinStated by Representatives Of the
Plant company. The directors elected
we're all of the representatives of the
Charleston and Savannah company who
went to the meeting at WATERFORD. H. s.
Haines was elected president Of the road
and c. S. Gadsden vice-president The
new board has taken charge of the road.
1t is expected that the line will soon be ex-
tended. 1t is now fourteen miles long.
THIS is the way the Elberton Star re-.
joice5 over the first train in Elberton over
the Georgia, Carolina and Northern: at
is on! The first passenger train bright and
cosy steamed away from the Elberton depot
on the Georgia, Carolina and Northern rail-
road last Monday morning 1t sped away
like gsy-plumaged bird mid the admira-
tion of large crowd. Several took passage
from Elberton to points in Carolina on the
first north-bound train. We have now
another avenue for the travel and commerce
of the outside world that will develop
greatly the resources Of this section. Both
passenger and freight trains are now run
ming on time from here to Monroe, N. c.
Elberton is proud of the new road, and she
has right to be-"
The working force employed by the rail-
roads in the United States is about 700, 900
men. The railroads, however, are economi-
cally inclined, and when business 10 light,
as during the summer months. their en-
ployes are discharged by thousands IL Is
estimated, according to a railroad ex-
change, that of the 10000 It's, 900, or one
fourth, have been dropped within ninety
days. This represents a saving to the cor
porations and loss to the laborers of some-
| thing like 100000 a month. The dis
charged men are accustomed to railroad
work, and not TO other employments, and
! the greater number of them are to live, if
| they can live, IN enforced idleness until the
autumn at least. 1t is not reported that in
any case the salaries OF railroad presidents
and other railroad dignitaries have been
reduced.
Receiver Sparks Of the Georgia Southern
and Florida railroad has made a report to
the Bibb county superior court IN reference
to the payment of the July interest on the
company's bonds. in which he says he can
not make the payment Of said interest on
July l out OF the earnings of the road, as
the same will not be sufficient. The earn
ings that have been received up to this time
have been expended as follows: In the
payment of taxes due the state of Florida
expenses incurred in operating and protect
ing said defendants property, according to
the terms of your order, including a por
ton CT the fees Of counsel employed
charges and debts due by said defendant &c
! employees, contracted previously and up t.
the time Of the appointment of the receiver
under said order; also the operating expenses
of the road and for supplies and material,
| purchased subsequent TO March IA; for al
past due coupons that have been presented