The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-03-10
HELPING YOUR ENEMIES.
pnosIEw OF srATEsn1ssHIr.
-. Policy Of stupisrs Appnss 20 A.er-
tess Railways.

an. many strong and valid reasons given By
Tar SUN In q leader. entitled Abolish the
no,dIne Fraud" why the present anti Amer
-, policy Of permitting Canadian railways to
=, upon American railway trafic should be
.holi.hed. please permit me TO call attention
10 the following;
r,r,.-The perpetual exemption Of the Cana
s,.n Pacific Railway from taxation upon its
- bed. rolling stock. station houses. grain
Elevators. hotels. telegraph Inca steamships
.,oo IN. lakes and rivers Of Canada and upon
m. Atlantic and Pacific Few persons who
~. not Investigated the subject realize the
.oormous value Of this privilege In perpetuity.
I, 1880 the Hon. Charles Francis Adams was
.,nointsd By the general Government as a
Oomnissioner to ascertain the policy OF all
Vrrop.an nations - to the taxation OF railways
.,d TO report TO the President His report
"a most exhaustive. Not q single nation In
Rurop. or State In the Union ever granted q
,.ilvay corporation perpetual exemption from
t.r.tion. In 1891. when the charter OF the
canadian Pacific was under discussion In the
PARLIAMENT OF Canada. Mr.. Adams estimated
that the railways OF the United States paid an
average Of $500 per mile ss tsxee In 1892
the New York Central paid a. taxes upon ee3
mil.s Of road S3O1.00O. or $500 per mile In
1eal. upon 1900 miles. 81. 66a 600 or about
e.nt, While the taxation Increased 300 per cent
MS f.ir to assume that the average for all
american roads In 1892 was not less than $500
psr mile. or for $4,000 miles $4,000. 900.
The Hme 10 not far distant whom tha New York
Central Railway will Day 81. 500 per mile as
tsre. or for its 1000 miles $4,000. 600 annual
H. or three per cont upon It's capital stock OF
S1Oc, 900 0O0-for 100 years $500. 900. 900, q
sum nearly equal TO one-half the value OF
an the gold or silver We have accumulated in
this country. Sixty years hence We shall prob
ably have 100000 miles Of railway upon this
continent under the American flag. unless the
present snti-American Administration con-
tinues its policy OF infamy In dealing with the
Canadian question.
with comparatively small annual increase
10 the rate Of taxation Der mile. the average in
1864 will not be less than $3.50. or for 500. 600
miles s375 600 oOo or the value Of LOIS. ooo.-
O00 bushels Of corn at 35 csnts 1.-THE present
price) per bushel delivered in Chicago. AZ
taxpayers the railways OF this country arc en-
titled to consideration and protection By the
general Government At an average Of only
$500 per mile. the existing railways OF this
country. as has been stated paid In 1892 S70.-
OOO.000 a. taxes. The cost OF construction
and equipment to tho close OF 1892 was Sl1,-
oss 933. 500; dividends paid in 1892. $50. $780,
81. or only $l3. 336. 81 moro than was paid
fCr taxea There was paid for labor and ma
teriai Ior operating expenses In 1892 $685.
ooo,ooS' or more than twice the sum disburssd
py the general uovernment' including interest
anu pensions AZ employers OF labor and con-
sumers OF American products our railways
have stronger claim upon the couu-
w than all other private CORPORA
lions combined. and their claims are
rapiolJ ana constantly increasing. In 1904.
with 100000 miles OF railway earning $1,000
per mile ithe New York Central R.iivvav In
zoo, .~s 900 ns, ~
ioo- earneo s<o.eoi per mile from It's traInc.
and tho average for all roads in tho United
Statea for 1902 WAS 81 ps3,,, thu total a.,nin1.
N, I, 80 zoo 80 80 81. 80
wiz Do So'ooo.ooo.ooo. with disbursements Tor
labor and material for operating expenses OF
q. 500 900 600 md paynents for taxa. q,
so1s 900 ooo s.u M 49, VI
SS'o.Ooo.oVo mieconaueous expenses sioo.-
100000. leaving 1856. COO. 900 for interest and
The cost Of eouinmsnt and con-
1870. N, -. - - -. 80 go - "o
s.iucuon VIII NOT 20 less IMAM soo'OOoVOoOOo
The net earnings will be equal to about ~
Der cent upon the cost The railways Of Great
Britain. upon the average. pay over ;! 800 per
mile per annum as taxes. and those OF France