The sun., 1894-05-13
Nm ClNlDIAN RAILWAYS.
p.DesI the Bonding Laws and Give
Our Roads a Chance,
our VERY INTERESTING TALK

v,u... says Aweris..s win Never
.,.,s LORD RosessrJ's Schemes sss
~. Mu., A.nsz C.rsa.-The Views
:. near, q. Hsveueysr, Hesis=i. n.
H,,.,ow. Robert p. rorter, ssd o.hsr-.
,.n. ..,.on for summer traffic approaches.
I.,,. intsrest Increases In the question
.holIshins the bonding system. and
=. ,.moving an obstacle to the free action
sa,,,,Ic.n roads now tied up with vexstious
A',.,o,ions in the interest OF Canadian rail-
vars.
| - =. hut one opinion regarding the anti
.,oo clause ia the Interstate Comm cree
~. n 4. that the law OF 1877 is vicious In It's
s..,.tIon. un American In intention. and was
s..o,,.n OF that thoughtless craze to harass
-. enterprises which came out OF the West
"a ,hleh has since eliminated In tho PETER
e.o,s.sn. Populist fad Of public relief through
.,,srimsntsl LEGISLATION. IL was the work Of
a.o,ists As q result American railroads.
-a,eb ar. the great national arteries OF COM
..,... have been considerable sufferers, and
.Al, condition OF affairs has extended also to
r.,tsrn cities. to the progress. population.
"a prosperity OF which American railroads
a.. very materially contributed. New York
~ and its trade especially lanRuishes. It is
s,,.use Of. Its geographical position and be-
,.uss New York is the natural emporium OF
N. trade OF the West that she IL able to main
,,,n her supremacy as the comm ercial m metrop-
.ll, OF this continent But H. as 10 now the
,.ss. the trade which has enriched New York
,nd maintained her in this proud position
Mould be detected hundreds Of miles north
v.rd through Canada, such maritime cities as
Quebec and Montreal would naturally secure
Aslions share OF business hitherto ours. and
,h.y would eventually supplsnt New York or
sllssst compete with her In commercial i'm
portance
mar be stated that the amount OF grain ex-
portsd from New York during 1893 was b55.-
Nsa 72o bushels. this quantity being 1S.O81.-
30 bushels less than that OF 1892. thus show
lns decrease Of 80 per cent In this i'm portant
article OF export within the compass OF single
rear. And notwithstanding the immense de-
vslopmsnt and the extension Of the area Of
cultivation In the West since 1882. the amount
represented By these figures for the year 1893
h24 per cent less than In tho grain exports Of
that year Among New York people. there
ore. practical unanlmity exists on the neces-
,Iy Of Congress taking some action for the
protection OF American railroads. and also for
the protection and maintenance OF American
dties.
THE SUS Is able to present to-day an inter-
sung collection OF expert opinions upon
this question from Q number OF gentlemen.
Who have contributed Of their experience for
the purpose Of forming q correct knowledge
upon the conditions that exist and upon tho
best method Of remsdying tho present law.
Mr. Henry o. Havemeyer. President OF the
American Sugar Refining Company. repre-
Ients nearly 81 co. 900 900 OF capital Invested in
Industrial establishments. principally In sugar
wineries. He 10 one OF tho largest shippers
4 merchandise In the United States. No one
appreciates moro keenly than he does the
reat Importance OF q low rate OF freight
harges to the producers OF this country. He
nows from his extensive and long experience
rat a reduction in the cost OF transportation
dependent upon an increase In the tonnage
srried. His opinion upon the question OF the
brogstion OF tho Bonding regulations was
at his Office at lit Wall street:
/" Canadian railways outside OF the province
hs Dom Union, and could not DO maintained
compelled to subsist upon 1t alone. They
anl the AGRICULTURAL products of Manitoba
astward. and then unless they can divert
Imerican traffic to their lines they must haul
heir cars westward empty at serious loss.
ipoa @ traffic which Is simply stolen from Amer.
can railways. Under the Interstate Com
nerce law, American railways cannot make
olnts. VIII 10 Canadian railways are authorized
snads. 10 divert American traiiie to their
ost OF hauling. The result is that our own
always are compelled to haul thousands OF
lmpty cars, tn. losses upon which must be
lss Of all kinds. Our railways must earn
nore than working expenses or they will not
20 ss Go
lighsr vii be the freight charges upon Amer
can roads; The sooner the Bonding regula-
ions are abolished the hetter for the shippers
u merchandise in this country"
The Hon. BENJAMIN II. Bristow. late secre-
ary OF the United States Treasury. was seen
his ONCE In Nassau street He said:
It seems to me that the Bonding regula-
Ions under which American railway traffic Is
.atried from one American station TO another
ina HSo SSrkS 10
isltor Of the United states Treasury and now
J Observation-Disclosures Congress from Iowa, in an
estm Ated that 800, 900 loaded cars OF Ameri-
an products were hauled through Canada In
lsl ~ under the Bonding regulations. Many OF
\ ocean, and are said to earn from 500 TO
w each but at the low average OF $40 per |
~ SHOWS that Canadian railways are di- |
Isrung very large sum In earnings annually |
5hieh Justly belongs TO our own lines.
Inc rapid and permanent DEVELOPMENT of |
'ur agricultural. mineral. and Industrial re-
'oufees 10 largely dependent upon the main |
s,nanes OF our railway systems In n high state |
deneency. The public OF the United States |
huh sustain our own railroads or they cannot |
. pohtahly operated. Our own roads now |
lAel thousands OF empty cars at a loss to the |
seile as we'll as to the r)ads which haul them /
. syery car should be loaded both on its
'asEAtd EoaI and westward trips. freight charges
.Ss,d ~ DO reduced TO very low point The
We now pay to Canadian railways is
os ~ 70 the producers and consumers OF this ,
,Oshnuy They pay American railways for
ltaohhg empty cars across the continent. and
lsy lnsy also pay Canadian railways for hauling
rvlnsnean traffic between the same uArkefA
,as seems very unWise and a needless
ssm capital to this country. for it Is sX-
saasd IN building up an alien railway sys-
~, Ehglanu Is our great commercial rival.
~ ~ sontIols the Huez Canal as a highway 10
~ ~ Isslhc Kussia is constructing q great
,IIits siberian railway to divert the commerce
Ekas n ksas laelhc to Europe through her territory.
Snsa 'd"f com leted IL will be on active and Sc
is.s iS.s e9mbetitor OF our own transcontinentAl
asA tngiAnt. OF course. IL pleased to have
sislst 'ssissslst her IN maintaining the Cans nAdtAn Pa
~, ,na.NAy In high state q efficiency as an
',,aa.Le ',sa,a..Le route for her to the Pacific in the
NJ, VI the closing OF the SueZ Canal Every
fesat ~, oI earnings We permit 10 be diverted
isS Iot po own tTanseontinental lines 10 Cana