The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-09-03


Johnson pass, will start, perhaps, from
the end OF Utah & Nevada, provided they
will make il a first class standard guage
road from this city. and will take pro
rata based on length of the freight origin
ating on the Deep Creek road, or being
delivered to that road, I to make the
rate and this arrangement TO
hold for ten years.
If connection is made at E. T. City said
proposition OF gauge applies only to E. I.
If the Los Angeles road reaches me they
have equal rights inpartially as to
freight, or any other road, but to estab-
lish in all cases the rate on the Salt Lake
d Deep Creek railway, to either these
points.
If this is not satisfactory, a right of
way for Deep Creek trains over their lines
will meet the case if terms are agreed to.
otherwise the Deep Creek road must
come into the city-if the road comes into
the city, | want your influence with the
city for free right of way to suitable
depot grounds which will not be used
until the road is at least one-half con-
structed, excepting to reach the Jordan
River from the west.
/ come now TO what propose to do for
the people and / want If possible, for the
fundamental principles to be engrafted In
the constitution of the road, and the
and the road one to watch the interests OF
both the road and people, in order to see
these ideas are carried out, never mind
who shall in the future control the road.
propose to be the general manager for
five years, unless | fail after the second
year OF the road s operation to make, at
least, 5 per cent. dividends on the stock,
in which case / agree that such shall be
cause sufficient for a change in that office.
l propose the $500, 900 bonus to be given
to the road and when completed one
tenth OF said property stock is turned
over to me in full payment, as commits
sion, for successfully carrying out this
scheme, said one-tenth will be added to
the cost of the road; average coat is not to
exceed So 600 per mile, as aforesaid, it
necessary to reduce my commission in
part or all, it is to be done to bring
valuation within said limits.
Now | promise to miners TO make the
freight on this low valuation, andlsI will
offer little logic to show its merits. Say
for Illustration the Union Pacific has a
first mortgage OF $50, 900 per mile
and the government second one
of $27, 900 per mile, this making
valuation of an average of SAT 600 per
mile; it would seem necessary if the
Deep Creek road was built on this kind of
basis-or any other basis above the true
valuation propose-to place great bur-
dens upon the miners, who would thus
be required to pay freight rates upon
these great values.
An anecdote is, perhaps, apropos here:
A new freight agent being appointed by
railroad for small town in California,
was approached by producer, who in
quired the freight rates on potatoes to
Tombstone, ArlZ.
.Well, - said the agent, ~ am new
agent here, and the rate being open,
can not answer just now.''
81 want to ship them today, as l just
heard they are $3.50 per 100 pounds by
the carload in Tombstone, - replied the
farmer.
"Well,'' retorted the railroad man,
81 know the general policy of my COM
pany; what are they worth here?'
Fifty cents per hundred.
81 shall make you rate of s. per hun
dred, then, /" said the freight agent.
The foregoing is about the way the rail-
roads have treated this city and vicinity,
by taking all there is in it, thus working
depression and injury to the producers.
Now, | propose to let the miners have
all possible by shipping their ores-very
! low grade ores at an estimated cost, up to
high grade ores, thus helping the deyel-
opment of the country, at the same time
making a 10 per cent. dividend on the
true valuation of the road and not on
ton: Suppose Hill has built the Great
Northern railroad, which he could in this
way: The road reaches a fine agricul-
tural and timber country, and in con-
nection with other spectators, by con-
trolling these properties, he could clear
the full cost of the railroad.
Again, Hill builds his road at an aver
age cost of Sl2, 900 per mile, to California;
can he, If he has only to make dividend
on the real valuation, instead of on, say
S47, 900 per mile, afford to sell tickets
from California to Chicago for g32 legiti-
mately and even less easier than the
other road. Here, perhaps, in a great
degree is the secret of great difficulties in
the transcontinental breaks in rates.
How can these evils be corrected? Will
they, with money, equalize the roads to
some basis and take all that the people
can stand, or will they, as they should,
reduce the valuation by drowning the
Watered stock and reach a correct basis,
ana charge accordingly for freight and
passage? If they will not, the people OF
each state should appoint two intelligent
and try to put proper valuation
per mile on each road within the state
lines, and then the government appoint
another commissioner to harmonic the
interstate transportation business in like
manner, all endeavor1ng to treat both the
people and the railroads literally.
If the railroads fight this, which /
think is to their interests to support, let
the people parallel S47, 900 mile road
with a SIC, 600 or So, GOO mile one, as main
arteries for transportation. | have
depressed, because the depression il
illustrates my proposition. propose that
the highest salaried officer shall not get
over s., 900 per annum, and good house
rent free.
With the valuation of the road so low it
may be possibly to haul ore for 81 to So
per ton, whereas from the methods of
other roads, the rate may be S. or more
per ton. If the lower rate prevails, every
man can work his prospect and business
for this city be much increased by the
products being sent here and supplies
there.
When the road is running successfully
an analytical chemist and assayer will be
engaged to put a true value on ores as
per the latest quotations; if the smelters
in the vicinity do not treat the poorest
miner as literally as the richest, will try
and build a smelter on similar lines.
want the people to own the stock of the
road; do not want a capitalist to come
along and offer to assist me to build it
alone; do not want the bankers to take
much stock, but want the stock distrib
| uted as much as possible; in fact / would
like the laborers who grade it to hold it,
and the stockholders, If poor, shall have
it's control--they shall, also, be its engi-
neer, fireren, conductors, agents, Sec
ton men, etc.
If the laws of the county and territory,
etc., can modify these ideas, so that the
main proposition shall be for the inter
ests of the people, am with you in doing
SO.
/ have heard of a liberal arrangement
made by patriotic citizen of Illinois, on
behalf of his state with the Illinois
Central railroad, by which the road runs
from the northeast and northwest sec