Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1895-05-24
THE EFFECT.

IL certainty is puAAAo ao w Ao'
what will be the effect of the cap
ture Of the Northern Pacific by
the Great Northern. The St. Paul
papers do not discuss the effect on
the country that will be deprived of
all competition, but they feel quite
sure it will be good for St. Paul
The Pioneer Press says it removes
any danger that the Northern Pa
cific will have terminal east OF
St. Paul. The other good feature
that paper sees in the deal is the
placing of this great railroad prop
erty on a sound financial basis.
The Globe also enlarges on the
benefit of having the Northern
Pacific property self sustaining, as
it was reflection on the North.
west to have it's most complete
railroad system in a bankrupt con-
dition. It appears reasonable that
the present plan of operating the
Northern Pacific at heavy loss to
the owners could not continue,
and that increased rates and de-
creased service would have been
forced sooner or later. It is Ger.
tainly probable that Hill will be
able to improve the management
so that profit will be possible for
the ownels.
The St. Cloud Journal Press
comments as follows on the sub.
ject:
Under his management both
roads can be operated much
cheaper than is possible atpresent,
without interfering with the &C.
commodation to the public or the
efficiency of the service. If the
public is to share in this reduction
Of expenses in cheaper freight
rates, Mr.. Hills last move will be
a good thing for this section
of the country. His power
for good or harm is almost
unlimited. This much can be said
in his favor-he has been a good
friend to the half dozen big states
extending westwards from the big
lakes, and he has done more for
their. development and prosperity
than any other man. He is a
shrewd, able railroad manager,
and realizes that the more pros.
porous the people the better in.
vestment is his railroad property.
The people have the right from
their knowledge Of the man, to
expect that he will use his oppor.
tunity both for the interest of the
roads he controls and of the people.
+ The Times Of. the same city
takes the following view of the
situation: -. "''.
In our judgment. the consolida.
ton of these two great competing
interstate railroad companies will
not be beneficial to the people III a
business sense, and will not result
in cheaper rates but exactly
the opposite, in general sense.
% The Penny Press, of Minneapo.
lis, which generally has peculiar
views on any subject, says:
If Mr.. Hill gets possession of the
Northern Pacific road and con-
solldates it, even nominally, with
the Great Northern system, there
can be but beneficial results OBJ
tanned by the people residing
along the lines of these great rail-
way systems, and to the investors
who have piled up such magni'
tude of capital in these roads.
The Morris Sun takes the most
doleful view Of the situation in the
following lines:
If the persistent circulation of
reports Of the consolidation Of the
Great Northern and Northern Pa.
cific interests indicates anything,
it signifies that the rumors are
based on more than mere conjec.
ture. Such a combination would
be mere misfortune, aud it is to
be hoped that the conflicting in
terests involved in and which have
crippled the Northern Pacific,
will prevent deal that would
strangle traffic competition and
paralYze thr newly developed in
terests Of the Northwest. 1t is a
case where foreign capital would
be benefited and American in
terests suffer by the deal.
WANT THE 'sSOO''.