The times. [volume] (Richmond, Va.) 1890-1903, 1893-01-15
SOUTHERN RAILROADS.
Kate Committee of the Southern Railway
and Steamship Association.

NEW YORK, Jan. 1.-THE rate COM
mittee OF the Southern Railway and
Steamship Association, which has been
In session for two or three days at Fifth
avenue Hotel had lively meeting to-
day. The committee has been trying TO
agree upon a schedule Of rates, which
should put all the companies on an even
basis competition. The Mobile and Ohio
Railroad Company, which has been, to
some extent, the disturbing factor, was
one Of the topics under discussion. and
President Clark, of that company. was
asked to agree to n proposition intended
to do away with any further trouble from
that quarter. A somewhat excited debate
followed. and, in the end, the trouble
was referred to a committee to be ad-
Justed. The attendance at the meeting
yesterday was larger than IL has been
at any previous session. The following
companies were represented: Alabama
Great Southern Railway Company, At
lanta and West Point Railroad Company
Baltimore, Chesapea2e and Richmond
Steembat Company. Baltimore Steam
Packet Company, Cape Fear and Yadkin
Valley Railroad Company, Cincinnati,
New Orleans and Texas Pacific Railway
Company East Tennessee, Virginia and
Georgia Railroad Company. Georgia Pa
ciic Railway Company, Georgia Southern
anu EiOflla railway Company, llllHhlS
Central Railroad CompaGy, Kansas City,
Memphis and Birmingham Railroad Com
pany, Louisville and Nashville Railroad
Company. Louisville. New Orleans and
Texas Railway Company, Memphis and
Charleston Railroad Company, Merchants
and Miners Transportation Company,
Mobile ana Ohio Railroad Company.
Nashville Chattanoogl and st. Louis
Railway Company, Newport News and
iCufE ir.ri Nn11 Nnr
folk and Western Railroad Company
Ocean Steamship Company. OLD Dominion
Steamship Company, Richmond and Dan
Vile Railroad Company, Savannah, Flor
ida and Western Railroad Company, Sea-
board and Roanoke Railway Company.
Western Railway Company Of Alabama,
Western and Atlantic Railroad Company,
Wilmington and Weldon Railroad Com
pany.
In the course Of the discussion state
ments were made that the railroads in
the South which had cnce been on a
paying basis had paid no dividends In the
last twenty years. The bonds. It was said,
Of some II the companies. representing
simply the actual cash invested in con-
struction, had been productive Of no
revenue Complaint was made Of the
teachings Of "demagogues" in Southern
States, with reference to the relation
which railroad companies bear TO the
general prosperity OF the country and
these demagogues were treated to some
plain English.
The dcmagogue was born narrow, he
grows up narrow. he lives narrow. and
he will die narrow, said one of the
speakers. who was complaining Of the
bad business, which some OF the roads
represented had experienced within
the last few years. One OF the
railroad men said that the ref
erence 10 the demagogism doubtless
meant the position against these rail-
road companies taken by some OF the
organizers OF the Farmers Alliance,
which had helped to manufacture a senu-
ment against the companies that had In
ferfered with enccessful business.