The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-21

! \
road. II: the public clan1er oyer thsI
merger IS translated by the sup rens..l
eourL into the voice OF laAsssit Is Se'i M
cur 70 ,I sol mtg Wnatscondlt1on the
| issak ait alT q mess roads VIII ne.l
Inas,s 1N.E tlay his
g Iiata .WIlsTe ny tnes merger VIII
tI ~ utiaer lHs IaManu
W.T. ~ I.o, l,Ias i:s
tI,a, -, ~ ~. u the pupl1o -
TIL diss biii+ias - 49, ry,,, u.,,.t -?
m av hersfons he s,.,,, 80
foIIorus. Ei,s+ dan;asa ~ sn,.ta;,,+s,
agsfo fhe ai1ten,aa ~ ~ tasat;tin;s
m $50 ~, ~
| and C!anadian Paoific ~, 49, +I,a i.st I
named road atenaars ~ +I,a -, ~, ant ~
have asldecidadg,, st,a,, "a. strs +a..;s.
positi61,. Second The fan+ "a fhs
legal and financial AFFAIRS ~ the he com s,1
pa1ly are inextricably bound IN With
whose trial son aacanitaI sef,arga viii |
4ast Etlsru the winter. .Ghrd. the tact
Il that Montana business OF the Great
i Northern sard the NnrIharn Pacific
will certainly be cut dowa tosa nalni- !
4 MUM owing to the trouble between
4 iisinze and the Ama1gamated.:
Milwaukee and Northwestern.
i M,lwa,,rss 81 ss,a NJ ! =. !. -,
Ishould proneriv .hr dsrad tesafhl
er as alTn6sf GanIica III, =. ~ a.
fors anfar SO ~. t saas
both roads, Their exne,1l it,ra ?.for
:. rnaintena,;ce IA II :, ,s,enua,,,a,t aa
asiu uveilleil. alas
= J, ~, In syesfia,t shgn a s. p,,t 49, ~
+i,a,,, l. :, a1leau -
e , PREM
l.. st.taa H. 49, nrsI.,s - 80
an outlet to new tarritorY or tbe road DAD
is doomed. In that remark he synthe-
sized the weakness of this system and
his own. These two roads have been
hemmed in, eurtailed. and their pros
poets blighted by the Hill combination.
These companies face the crisis of
their careers. That they will pass
thru it successfully there is no doubt.
They can survive it, however, only by
obtaining new territory. They will
need $2O0,OOO,O00 to do it, and the
money Is not In sight. Moreover,
every month that passes makes the
accomplishment of the feat harder
and strengthens the opposition. Union
4 Pacific has both OF them tied up In
traffic agreements. In spite. of that,
and In spite of7all deniaIs subterfuges,,
j bubbles and arguments, these roads;
must reach the Pacific coast over their.
I own rails, or their stockholders will
pay for the omission in. declining
values. lessened earnings, and, 55if,, a
period. Of leanlless should follow. the
Z period of prosperity, positive danger
to the companies This issrecognized
as g vital truth in railroad circ1es,sand
one need.ge no further :to,find. theereaI
reason OF the decline of 4 90 points In
the price Of Northwestern stocks and
Of 70 points In MilWaukee. Z When the
stocks sold at their. highest, Pacific
routes route We're supposedly assured 9 ..
. GreatcWestern's Strong Position.
The three small northwestern rail-
roads face the winter ia relatively
strong nositions. Great Western is
admittedly in command at Omaha.
ON aha and CHICAGO On the other lines
e,,d ra,s n than, vest If t' ona l,a viii
"a .sa+s,r.I da.+h IF R,1rHn, ~,
fnr i,,stanoa real1u in, . yi,,as that The
sbinnars If Nehraslxa are going e to nav
~ aa 49, far Fl e'i p
IN dollafs ana esnrs aor sns pn.v1ss LEE
hyoseu ~ - lo~ 49,
lns coIl is..Ios ~ l,I
OF common ssnss /. lseitlisI alls sIalla;
psIs or 1ns ralir9 g eeIial,1assagii :,
M .eet ASIA M Ills ~ n,;lIbala ta 1gh,
stun. Ihe.rallroaas .W1 asIl. ,1 lo Mga
d their battles against lIFeal Nes1eA
: 4 Without any bonuses Irenl lNsarasks
and the west. ChaEltyIs E & rs I9ots sth g
and the form .of charity that Weur.
4 discriminate in favor Of the shippers
east Of the river against. this shippers
i west is a. new and doubts barrellee
variety that will appeal not ait all Il
( ! the shippers and commissions west o.
the Missouri river. The railroad tina
dares try such an experiment wouls
I { pay for it in years Of ennaity.
Soo Tines u. Good shane.
Il - "a. = =
nne n Soo Hns, VI =.SSsu splaet
Sl,nvvvUu ~, LIS, 49, q. ,a,,tn
stands az the .neglnnlng q WihIsr IN a =