The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-07-21
sHE soxDrNa sYsrE,.

| ADAMS gives timely nOIlCe VI tnO CoubauS'ot
OF another rival to our trabscontinental rail-
way system. viz. the building by tho Govern
mont OF Russia OF the Trans-Asian Railway
which. It is asserted. will open a more expedi'
tious route from the Pacific Ocean to eastern
| Europe than by any crossing this continent
1.-THE Governme nt OF Russia has resolved to
| expend $500 900 to construct n railway
which for many years will have only small
local traffic in order to secure q portion OF the
traffic between the Pacific Ocean and eastern
Europe. and II England can afford to maintain
an army in Egypt to protect her trafflo from
the same source via the Suez Canal. the Gov
eminent Of the United states certainly can
we'll afford to exercise all Just and lawful pow
ers to develop and protect our transcontinent al
| railway system and traffic. As Was shown 10
| previous letter. the policy OF this Government
| saved the Grand Trunk Hallway Company
| from bankruptcy and directly encouraged the
| construction OF the Canadian Pacific Hallway.
and the continuance OF that policy maintains
and strengthens Thorn daily at the expense OF
our own lines.
Sufficient earnings have been diverted from
American to Canadian railways under the
bonding system the past ton years to con-
struct and equip the Nicaragua Canal: IL the
Same policy is continued for another ten years
the loss to American railways will be double
that amount
Through the bonding system and the Inter
State law we have tied the hands OF our own
transcontinen lines and permitted the rail-
ways OF Canada to prey upon them without
restraint. AS the cost OF transporting
freight by railway largely depends upon
the magnitude OF the traffic and the
regularity OF the supply. our railways
would always have an advantage over
all OF their competitors II the traffic
which rlghtfully belongs to them 10 secured to
them by such powers as our Government may
rightfully and lawfully exercise The Govern
mont OF the United States has induced capt.
taists by the grant Of public lands and by
Government loans, to invest enormous sums
In constructing TRANSPORT inental railways. As
the result OF their construction millions Of
acres OF public lands have been sold and mil
lions OF people have been induced to emigrate
to this country and aid in the settlement and
development OF our States west OF tho Mssis- |
sippL The Government has received tens Of |
millions Of dollars OF revenue annually which
it never would have received but for the com
structon Of these railways, ard will continue
trnnscontinental lines can hardly be now esti- |
justice Is Gone By the GoVernment to tnose
who have thus enormously benefited the ooun-
nation Still greater b boz Sits As matters as1 stsnd
IN M Sanraa1 fafs than
to the csnadian Paec RsiiWay a ass
exempt from taxation forever
taxation is Indicated by the he's sums Which some
OF our lines pay rs taxes. In 1901
The New York Central paid ................ 1885, lol
AoFtneIn 10000
cGcss. and Northwestern 5000
Great Northern. 100000
Total for tIp.a ou, %, ]
Tho land grant OF the Canadian Pacific Rail-
way Is exempt from taxation for twenty years
alter It is legally Transferred by the Govern
are practical ly one and the same thing, the
rs Gsnsaian Fseis hallway iSs is Gaaadlan
Of Canada until its earnings exceed ten per
cent upon its cost It is entirely beyond the
IL IF ree the
70 long as the present bonding system is 1e.
nss Il. It .toof stosf aSS.sa
southern Iaoiao Is IL -. e. and ~ fcsp p
he stock OF the anaaisn Pa eh so RniiMsy
would fall to u. and there would pc large
railsay. t ana S IN hat
y the Pacific Mail Steamship Company. We :
~ not rd permit nan cansdan vessel to carry
on. or Portland but we allow the Canadian Q
o aei af hailWay Company to take cargo by
~ We do not allow Canadian vessel SIt to sf take
Detroit to Ceveinnd. DunIirk Erie or Butsao
nut we permit q Canadian railway to do It. We
'hicago to Sarnia or owen sound and deliver
&c 10 - Canadian railway and permit tho rnil:
ates 10 We ef hava IL nhhywhsre Ia the United
+, 5s th eo On and then per.
.merican traffic. The action OF our own GOV. =
rn mel enables the Canadian Pacific hallway a
" own transcontinenta lines from doing so. Ell
ne, ne policy OF the Government OF the United
sce Hallway at es .G0f in o, these tms.
pyers depression and depresses the stock Of
ay Iwn p rHay s aGd destroys their dividend
iII,Iways. bnt rather in Canadian lines W
II our railways had entire control OF Amer | I,
the bonding system, capitalists would ~ -,
ississipni would take place. giving our roads CT
panea ability 70 sucoessiu nS" contenS i w Hth
the raa In sss sSs
,stern Europe In addition to ali Of our a doo 1t
,asts. The Canadian Pacific Railway Would you'd ;.
n ~ upon its local trafic Many steamships n,
. tran sferred to New York "NN | III
The original charter OF tho Cana dian Pacific es
'vered the main line from Lake Nipissipe TO co
nn, w. distance Of nearly 1900 miles:
iilt or purchased aggresatng ga miles and m
~ miles OF branch roads have been leased. be
aking a total Of 1884 miles Of railway m
,erated by the Canadian Pacific Raiiway be
between Lake Nipissing and the hs
lciiic coast. The total white Reputation ~ he
Dom iriSn north of Georgian bay and west W. y.
r hn ,ip,sst tr does not exceed 100000 ,
q - totally unit for agriculture. and from 81
o Nocky MOUNTAINS to the Pacific it is NOT I'll
UGH better. The fertile or prairie section tn
I'm Winnlneg TO the mountains about !. 900 nj,
l'es, has white population Of only 20oOO0 pr
10 ". io~al traffic for $500 miles OF It's road IS
a. m mai; ana me road must sub i.t upon We
Il, Il; sd TGers is not single railway in tho in
rtio9 to its mileage; yet the stock stands at w.
aha is paying cash dividends OF five per On ON
I he United States. N''''nuaen' WI
ne gain In the population OF the territory OF loo
u ota from 1880 to 1890 was nearly 2Ou 0on mn
,h ~ tnan t6at OF the dominion from Lake All