The times. [volume] (Richmond, Va.) 1890-1903, 1892-01-22
LEGIsLATIVE COMMITTEES.
The Kent Bill Discussed at some Length
Banks and Currency

Banks and Currency.
The House Committee on Roads and Inter
nal Navigation met Yesterday morning III me
room Of the Southern Historical society Wlth
Mr.. John +. Ryan, of Loudoun. IN the ciSir.
Among the bills considered was Mr.. Kent
Railroad Commission bill. \ delegatl0n OK res
idents Of Danylle was present 70 i'oge
complaint against the management OF the
Richmond and Danyllle railroad. Inc ueie,
gati0n consisted of Judge A. NJ. Aiken ana
Messrs. S. b. Wimbish and Belt. Judge
Aiken. on being introduced BY Senator hutt'
stated that the delegation had come 70 ASH
for some legislation 10 remedy the many
complaints which for years had been maze
against the railroad company on count OF
tho Determinations made by the hAlhs
of unreasonable freight rates Tor the
residents OF that city The merchants
of Danyille received most OF tne
heavy freight from the North aud Northwest.
and when II came down 70 Lynchburg an I'M
reasonable freight rate was imposed oy INC
Richmond and Danyille railroad. ms was
not only for incoming freight, put q slmHa
discrimination was also made Tor outgoing
freight. lie thought this was due TO the Iact
that that road bad almost the complete coh-
troll of tho whole transportation business Oh
the citv lie mentioned number OF III
STANCES wnere such determinations hAd Deeh
made The freight charges ON package
from Cincinnati 10 LynchDurs na4 ueeh 60 3D.
and FOR the same package from hJnchOuI 10
Danvilfo for q distance OF 5i4ty-siA hiie7
only ~. In another instance $3.50 was
charged for carload or hour from d. LOUIS
! ~ Ivnchburg and in addition $50 for the as
lance from Lynchburg TO DanVAe. > p"cN-
age sent from East LiYerpoo4 10 lyAcA,
burg had cost seyenty-eight cents ana
/ from there 20 Danyille $40 was charged
for the same Ia another instance
| n package was shipped from litts5urs %
Nayaudria for 554, while the freight from
Alexandria to Danvile cost on the same pack
/ ago @s i6. Judge Aiken added tnAt ne nhl oeeh
| informed that PocahOntas e. al couid ne
/ bou0ht IN fvuchburg from iObbers with no
freiSht rate added for less than the freight
/ charoes from the mines 20 Danyile. Inc
price of the coal in lynchburg was -3z3 per
ton while the freight rate on IOca hNntao c'aI
/ to banviiie was 1850 per ton.
Mr.. S. B. Wimbish spoke no similar Inc
and mentioned the fact that Chicago beef was
shipped from Chicago TO the cities OF iyheh-
burg Richmond. Norfolk. boan3 Ae 9t 1.e
rate Of ~ cents per hundred pounds. WINE ID
Uanlllle 10 cost 80 cents.
delegation of residents Of Roanoke wa.
in attendance 10 protest against the passage
~ the Railroad Commission bil The dele
cation consisted OF Messrs. II. >. Trout. pres,
ident of tho First National banA EQ"ald
pechim T. b. Stewart, D. W. Coon. Il. a.
Buckner. j. T. Engeby. Colonel lnomaS
Lewis Dir. Trout was the FIRST speaker ne
heartily approved what the rauleads iau
done for Virginia and especially tor ms nome.
lie pointed out that there was no properly lu
the State that paid heavier tax than that OF
the railroad companies. and that no property
Maid less revenue t0 the stakeholder, than
fhat Of the railroads The creation az rail-
road commission of any sort al TINS ulne
would be disastrous TO the state.
Mr. Buckuer, the chairman or the citf
council of Roanoke, WAS next introduced
! lie presented set of resolutions adopted by
the council which were read by Mr.. lnglepy'
member of that body. The resolutions set
forth that the Norfolk and Western raiiload
had enhanced the value of the property ih
Roanoke eleven million dollars, ana me mem
beers of the Legislature are requested not I'd
pass any bill that would IN any way restrict
the management of the railroads.
Nr Pechfm. president of the Commercial
| Club of Roanoke and general manager oil ihe
VIRGINIA Development Company, pfesentod
paper adopted by mass meeting or the mer-
chants of Roanoke which protested against
the MASSAGE OF any railroad commission Dill
The sneaker thought the Kent BIZ should be
defeated for 10 was entirely uuwarraLiei
The railroads had been the prime cause
which had rescued Virginia rom poverty
This company was the largest shipper IN TINS
State for they shipped on the average l'1oO'-
! 900 tons annually. chiefly from the coal ana oar
r,ines In 1850 millions of tons on freight had
heeu shipped IN the nlfed states at an
average rate OF one cent per ton per Mlle. anu
In 1891 this figure had been stA more
Lowered 10 nne-tenths of "A cent per n Per
mile Tho people of Virginia were absolutely
depepdenf on the railroads The Pocahontas
d. al alone yielded about 100000 tons of coal
per wear. II anything was done nj this time
to ilnpede the railroads or establish arbitrary
REGULATIONS the future OF this state would be
Given the worst black eye II could receive. 10
would certainly DO advisable % wait year or
two longer before any such measure was
passed. 10 await the further developments ia
the State.
Colonel Lewis submitted set Of resolu-
tions passed by the banks and industrial COM
panies of Roanoke. The resolutions are
directed against any bill restricting the inter
ests Of railroads They We're signed by firms
representing an aggregate capital OF Slz,-
600 .0j0.
At the suggestion of Mr. Kent the COM
mittee decided TO hear on SATURDAY, morning
the views of the members Of the Chamber OK
Commerce Of this city
BANKS, Currency and Commerce
Tie House Committee on Banks. Currency
and Commerce met yesterday afternoon, Win
@gpa 20 I Ma " z