The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1892-08-04
RAILWAY WARS.
Continued rom FYrst Paoe.l

Continued from FIRST Pd0e.)
Think Of the millions spent to prevent 1t,
vet the Baltimore and Ohio is here. Take
the Belt Line controversy. The money
wasted in opposing the Belt Line was
thrown away. Take the war upon the
Reading terminals-the long, weary, costly
war. In spite of the lavish disbursements
to prevent it, the Terminal grows into
majestic forms of iron and stone on Market
street, and the Pennsylvania is wisely fol-
lowing with q noble building, in q spirit of
commendabe business emulation.
Philadelphia has as deep an interest in
the failure of this wretched, despicable
business of conquest exhaustion" as she
ever hsd in the building of the Pennsylva-
mia. The interest is the same The
Pennsylvania has done good work. Let
her keep on doing it and all good go with
her. Philadelphia sees that the Reading
has likewise done good work. Philadelphia
has in the Royal Blue, between Washing
ton and New York one of the best trains
in the country. She has second line
direct to Buffalo and the Lakes. She has
another system to the seashoro, as hundreds
of thousands will gratefully acknowledge
in these harsh baking days. She has swift
and special access to the Lehigh and
| Schuylkill valleys, with their assurance of
beautiful homes. The Philadelphisn may
go to Hartford, Boston, the Berkshire Hills,
to the rocky coasts of Maine and the
Oanadas, without that tribute to discomfort
involved in shsmbling and dragging about
New York. The pilgrim to Chicago,
because of the Reading system, may go by
way of Niagara and return by way Of
West Virginia and see the wonders of the
wonderland. These are the results of
business foresight, the outcome of spirit
of enterprise the development of policy
that would keep pace with the gigantic
strides of great city. President Roberts,
in his address at the annual meeting of the
Pennsylvania stockholders, dwelt upon a
prosperity which enabled him to expend in
| the state alone million dollars week.
No citizen grudged President Roberts a
penny of this. 1t was assuredly pros
perity that the growth of the Reading has
not disturbed. 1t is in the nature of these
enterprises that one should help the other !;
that they should develop new wants, new
industries, new sources of pleasure and
recreation, new channels of trade. There
is room on the sea for the Cunard, the
Inman,s. the French, German, Italian
steamships. Why grudge Philadelphia
another trunk liner And more especially
why in the interest of those to whom in
vestments are property in its most sacred
form, indulge in these legal wars of Con
quest by Exhaustion" Nothing is con-
auered, and exhaustion is in the end quite
apt to fall upon innocent stockholders
whose money is wasted in prosecution of
Gummere and other suits like the barren
proceeding which failed at Easton on
Monday.
This war of Conquest by Exhaustion"
is not merely between two companies, the
one striving to follow the Worlds and
have the other 'eaten up by its own
lawyers" but q war upon values. 1t in
wolves an eminent peril 1t is easy to fire
prairie, but how hard to govern the
flames? Capital, and especially capital of
the poor investor, ever sensitive, grows
more so from day to day. The capitalist
sees Wall street on one side and the an
archist on the other He knows they mean
to wreck him-the anarchist because pos
sessed by the spirit of ignorance and sin
Wall. street because in the ruin of others is
swift gain. He sees his property assailed
by duress, menace, misrepresentation, and
competition meant to destroy. Against
these he may defend himself. But where
is his defense, where is the security of his
investment when he reads that property il
to be deliberately conquered" by in.
Vulnerable and exhsusting processes Of
law 2 To him the asylums of justice are tc
become the arsensls of anarchy and des-
truction. 1t is surprising that distrust
should spread; that foreign investors should
be weary of securities of inherent value
The railroad war is war upon property
The means proposed by the enemies of the
Reading would, if unchecked by public
opinion, destroy any interest in the land
Conquest by exhaustion is simply anarchy
under the pretext of equity and law
Judge Schuyler, Of Northampton, hs
summarily put an end to the GUNNER,
experiment. Others remain, and in tn,
best interests of the city, of property anC
justice, they should have as swift and con
E dign fste.-PhiIa. Star.
Coughing Leads to Consumption
Kemp's Balsam will stop the cough a
once