Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1896-10-25

bur he mar would pet fewer 5s-cert aoila-s
tn1n they nov get lBU-csut dollars"
AN ILLCSTEAT I1c1
% see sad another railroad ufHc
On tLs point II Is PLAIN rs he CAV
Nov. 90 Illustrate. here r roa5 We i
say. hat has gross earnings Of s.. oeG D0U
year and tEed charges not including uperuf-
lng expenses. o. 3. aBO 00O a year. The up-r-
aL-1E expenses are g.. 750 BOO a wear That
ls lie total expenses are 81 75D zoe q wear
and Lhs -ncu-ns ls 81 N10 1NG leaving q prof.
Of $40 0oo g year. Nov, the fixed charges
being payable IL ElI1 and the rsce pts beng
sLfsr. he company has % pay - O00 zoe IL
silver 90 get = Doc zoe u gold % pay them
SO rhEt ne tEcs Is that the fixed charges
are "a abt-NiN year III place " g Dut BOO.
Vow. see whore - are. Fixed charges.
81 hut o0o. operating expenses 8. -5u 600.
total. 81 -5l boo Cross income s. QUO 0Ba;
-et-l- SL.-5u zoe Instead ~ q profit uf
S-5- 3tr. Where NIL the q ga lH0 cone
From The txsa charges cannot be cut
The ru- Uus- come n the ups-u1l-r sz-
perses. and ne chief KEN OF TIE operating
expenses is he wages o. he employees
view further. railroads have 10 hgv.
new ruls and new equipment They have
20 r-T these t1CEE The lEw Saws that
a. YER is legal tender En5 they car pr
chase these things with silver the same
money -Ea- they az compelled 90 -ecerv-
5ut he price o. s-eel rails ana % railroad
equipment Is not fixed by lHv as is the price
o. passenger tE-s. Sc the mHks-E Of the
rEls Hn1 The equipment dGutle the price o.
these commodities under the silver standard
just as The grocer doubles the price OF The
groceries NJ sells and The clothing ruar
doubles The price o. his cl0rhinE. and 80
Wine he railroad mas ne privilege o. pay
lre ~ SILVER. = takes Just twice much
silver as i did before You might EHv
that II the grocer and me clothing mar
and -he maker o. sleei rails and railroad
- Na NJ Ne
cu-mnclI les, then The iHbursr car double
The price u The commodity he has 70 sell
That Is MS labor. Bur Re CHut do II be-
cause The railroads cE1 Z pay IT, Dult you
see how plain II IS The railroads SCI
transportation The law txes the PRICE
thar hey can charge They cur only get
So much MONEY Il they car get only so
much they can spend only Sc much
TIT WABASH FOR EXAMPLE
The aspect OF The question Is web pre-
recently delivered 20 ths RRilruRd Men
Sound Money club r. Springfield. II Re
takes the Wabash railroad Is al example
and shows IL plain and practical way
how much It's employees have AZ ErHkE IN
rs relation 20 he pending proposition Tor
the cheHperiur o. h currency During
the last twenty-five years hH points oE-
they have received out o. the earn InEH %
the property over sL95 BlH eco and n -hA
same period the s-BCkhnlderE The uwuers
less than I per cent o. the amount received
" The operatives Tor -hs fscal wear 1886
s6 -h= gross earnings % the = ebazh rvs
tenn were 80 ST. Ia Of this sun he cuI,-
pEuy paid 10 s1u5 employees 10. including
SHARED officials g. e22 1g5 Or s0rneth lnE
5vs- s4b0 GOO per month. s. az 737 went for
interest, rentals and taxes and AFTER paw
lDE Tor man -enEues o. wy salaries OF
officers and other necessary ChErEsE II had
q surplus Of barely 81 500 Il VII be seen
al g glance, therefore that The busI-
ueRs q the road vas worth more ID chs
employees TRAN 20 Ire owner or the bond
holders. But -rsv could not Expert Z
or-luLEnce OF this advantage under the
less favorable conditions thar would .uEue
.ur the read IN the event n the ADOPTION OF
the free silver policy. The wabash Is bound
20 pay "a gold each year as interest or rs
bonded tebt, s. 500 noe. Wi-h Z free coinage
law IL torce b would have 70 pay g OF rs
earnings where IL now paws only one for
that purpose Or 81 900 0B0 lus-Eud o. q SOD
DIDO and that Elcns would either force L
INTO bankruptcy or compel il 10 m-Ea d
age reduction q employees and Of VnFsz.
Ths same IS true In c -srer- dsErsss o. 81
other railroads. which demuuE-rHtes Why
railroad men are practically unanimous fur
sound rnUnev