The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-02-26


The Hearne and Brazos Valley ...... 800
The Houston and Texas Central 49,. 10. 81
The Houston East and West Texas. Gao
The International and Great Northern i9G
The Louisiana Western Extension. 81
The New York, Texas and Mexican. 6.ll
The Paris and Great Northern ......2469
The Rio Grande ....... ............ I44
The San Antonio and Arkansas Pass. GIL
The Sherman, Shreveport and South
ern ........ OBSERVATION-DISCLOSURES. as
The Sugarand ........ .............. 7.2S
The Texas and New Orleans, Sabine
and East Texas, the Texas Trans
portation .....,.. ll59
The Waco and Northwestern .SS
The Weatherford, Mineral Wells and
Northwestern ....... ............ 5.12
The Wichita Valley Embellishments. $40
The average net earnings az all the rail-
roads of Texas for the last fiscal year,
ending June 30. 1897, was 500 per cent, as
shown by the sworn reports Of their offi
GERS, and their reports for the first six
months OF the present fiscal year, ending
December 21. 1897, show a very decided
increase of net earnings over that OF the
first six months of the previous year.
We present this catalogue to show that
twenty-four of the railroads of Texas show
net earnings for the last fiscal year rang
ing from 4.ln per cent to 24.69 per cent.
and TO show how sad mistake YOU made
In assuming that not more than one road
In the state made ret earnings of per
cent. which statement you made as a rea-
IN i,roads In re,ar .. =. ''. ~. ~ ilioi
that tho geptlon,.,, n,ho ID - ~ eu
rnent /. fbo oannrai ,,,n,,,i 800 mt os"te-
lnrgrst svoto,,,s 80 nai1', "a o,ie y. t''e
Is Vt not such statements as this, coming
from apparently responsible sources which
oeter railroad capital from coming to Texas
INV Iet 4, ho ,o,,,,,>,,.,
earninge 81 ~, c,,,is 80; eu t"al ,he net
II. railroad for ,,,a H., 1oioi a'io anu santa
I,tn, M 1so-, - 80 a. a, w hiVh enueu
for tho first six n,ontt 20 Ll'f', anu mat
The sworn rono,..,, -, ., wy present year
that oon,n,n,, sbo,, 90" w .ile oilicers or
earnings over fhe fret s,s VI ils nct
previous year Inv TIA s,,,, Soo 'eta VI the
we desire 70 Iii sum VI S'e'Soz,S'
lowing sf,torner 90. at'ention 10 the FOL
us oP tho 1o,h ~, i"aue IA your letter to
~ ra,,rc, 80 -, 10 WIZ
shonId a. t - ypur own sake that you
in forming ,,o,,. a., s'a.'Slics 10 your ald
ara nea,Iy s, ~ "VuucI'ohs' because they
only nc argnmants s,eadins' ana usefui
edge nf Inc s,,hiao,. s'io3e whose KNOW
ro,ha, 30 ue''iI III Is usuaiiy
In o,,r 49,, man practical
information and - 10 op'aln, foi our own
tr,. ',it'lon anu TO Jay before the public
ditions os ~ 81 tne operations and con-
naro an,,,u,,i, 80 o"'is oi ieNaS we b"o-
Tho nmrnoea % q Us. vi lnterrogaiories for
Liable infnr,,at,or Oe.'n'us olh,ai ahd re-
hra,o1 a., ~ - gu an 'ne SUBJECTS en-
maj ro,,,, contained III our IN
,arro,, ,,pot - me answers to these in
Tho ,f,iiraa, hi,Iue py the olncrrs oil
10 ,oi. 10 , .t'"ieS, under oaiH' and 1t
f,,lI, b., fv tna' lhey swear truth
vonla sc',,, ~ "A, l"iehuiHs statement IT
nne Of tt,a ,, ,nao inns General manager of
stat hoi'a,'aa rs ianIoau systems OF tie
- re- rnroi,.,tI 'ua. lue laets so ascnrtlined
ne or,r,,,,t tui9.eaulhs ana useful on'y
tba s sGn,a's ,or 'hose whose knowlo !se of
iral atbar ~ I'M. WIN IS usually thcoret-
no,,, ,,e'.ei man practleal' This is a sad
an ~, "a NV',ins RON such source.
panlns and nr ,,p"nS o railroad com
i inr' anu on the statistical information
nv Tho gu So taein, ana given to the pubic
st,,o @ commissioners ana the :ntei
co,rld ,1,,i ~ COMMISSION and one Whicn
u ,,ro,, hat"ly nave been expected from a
Tharo No ,"iiiuau oihciaL
accnrac,es mu,iioeI VI otfer Rlarlrs in
do 49,, -, S"uI 'et'er 10 us, when Ne
nov ,a 'iiuN ~ ueoessdry 10 comment on
na,1or ,,I,,'I, 'I'"use ~ "ouid make THIS
II, vo,,,' 49,. Us h me oniy other POINT
cnn,ain,i mn ~, we W'sh TO notice Is
- 80 , III 'iie iohoWlhg 'lhu5allon Lon
bn
MIN Ioup'e win You tand by
, 90" mean we coniinissl1n) is that
, ,nn,., naNs auoptou an improper basis IF
,l"M'Hs rates III oiher words, you base
suu, .u'ns on railroads. risht to elrn
h,,t'ss y" .ue llnaslhary cost or ro-
ousu'us' gu nave no moral or les2l
.lsn' py inns method to repl 'iirc rail-
,oau bonus ana STOCKS lawfully issued
,or Naiue, man me State Itself wouin
- 10 rppuuia,e 20 or ou per cent Of
,.s own non1s' y railroad company nus
sus' Us hiueh moral ana legal right to
ras ~, ueo.s ,eEaiiy co'lrac ~ ne tic
s.nte nas, anu tne STATE mas no more
IGN. 10 neny ~ mat privilesa than 1t
naS 10 Wlthhoid me laying Ct tax With
W., mhloh 70 Pay us STATE debts.
lne quotation IS calculated 10 remind one
y Mhat is sara about the devil quoting
'er1l'ure,
mneh tne Gun Coloraio AMI Santa lie
abroad was pullt 1t IS prooable that, m,t-
ns ailoWhhee Tor the dis aount on bonds,
ana mol cost greatly moie Than a tsa-
ohanie outlay OF capital ana II the tOun-
~ hau renamed prosper Gus, and ipo
,uees OF other property had remained as
hey were then, it would have been air
lalm' II the country thrauSh which Il was