The Ellensburg dawn. [volume] (Ellensburg, Wash.) 1898-1914, 1906-10-09
VOL. NH.

kitchen in Spokane, Portland, Seattle
or Tacoma and then glance at the rot
ting, wasting fruit and vegetables in
the remote gardens and orchards, he
can plainly see the earmarks of some
traffic manager, whose greed over
reaches his Judgment.
| will now submit proof that what |
have said is something more than mere
assertion or invective.
The northwest is served mainly 10y
the following railroads, towit
Great Northern.
Northern Pacific.
Union Pacific.
Oregon Railroad 4 Navigation com
pany.
Oregon Short Line.
Oregon & California.
They have a right to fair return
upon cost, or reproduction.
What they earn above this is eXtor
ton.
| have the report given in Railway
Statistics for 1904, bulletin No. u, and
the market report of September -,
1876, this date being the one of writ
ing.
Extortion is proved by the following
facts, towit:
Northern Pacific
C,o-. np10 TO- Sc
AOSU 9OlJ Ia, o.
Capital ... ............. 3S9,o9N, $50
Market value. ol9,39N. $50
Market value over COST. 200, 2G., 100
Union Pacific
Cost OBSERVATION-DISCLOSURES. S231 S5S, SO
capital ...... ............. fVo''' 'oOO
Market value. 49l, 349,4l4
Market value over cost. -. 25G $685. O4
The Great Northern is only an oper-
ating company. 1t does not own any
road. 1t operates 4SSS.53 miles OF
road.
The cost Of subsidiary roads given in
the balance sheet on pages 66S, Gl3
64S of Railway Statistics follows, to-
wit:
Spokane Falls & Northern
Railway ................9 1,0oo, 10
Colorado x Red Mountain
Railway ................ so, al
Montana Central ......... 1J.jGS III
Eastern Railway of Mimi. % 0G2 go
ST. Paul, Minneapolis *
Manitoba Railway....... 1222, 40, 1872
Duluth Terminal .. 800, 54l
Duluth, Watertown &
Pacific Railway .......... 2,2lS, 40
Wilmar e. Sioux Falls :. 33S, 40
Great Northern Railway,
rolling stock ..... ..... Il, 80. o03
Total cost of subsidiary
roads, consisting of
5060.3 miles, with the
rolling stock of the
Grea: Northern Railway
added. ................. II, 259, oo3
Value of line operated by
Great Northern Railway
as measured by net earn
ings, using bulletin No
21as q basis ........... 3l6,549. 40
Earnings over cost ........ 1l9,33o, l6i
0. r. & n. Co.
Cost. ................. . J-,-Nl'V-o
Canita1. IS 9SS. 800
Market value. ............ 6''JZ2 o--V
Market value over COST. Ii, 2+l, 49S
OREGON Short Line
Cost ....,......' ...'''' "f'"i 'l'--
Canital. .. 6,O3l, 100
Markell value. 109, 81, %
Market value over cost.. 4o,o29, J5o
The Oregon Il California
Cost S 81, $50, All
Market value ....... 1880. 600
Market value below COST. II, 500, III
Note-I used bulletin No p aud the
report of the Oregon tax commission
for the O. Il. & n. Co., the Oregon
Short Line and the O. & c. | also in
troduced one estimate that might
slightly affect the figures for market
value of the Oregon Short Line.
We have as result of this conpari
son the appalling sum of $500, l97, sSl
of market value over cost, divided o.
follows, to wit:
Great Northern Railway. $ll9.33o, l64
Northern Pacific. ......... 200, POI, 700
Union Pacific. 2566S9, Coz
O r. x \. Co............. 16.24l. 494
OREGON Short Line. ....... -, 529, $50
Total excess -. ......... SIS, 057, POP
Deduct on account Of Q.
ACKNOWLEDGEMENTS. 12.S59,4 Al
Net excess Observation-Disclosures. 62j, l97, ISL
Concluded iu Fourth Colump.