Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1906-02-09
{: I. Il II Il !. #
Clark's !: ::
-Four Important Measures Before e
Congress-Llkely to Break Manu
Political Fortunes Congressman 4w
GilleSpie's Coup : !: !: **
+ = Il II II = !

10y fT stN III t.tN +f.+f HT
same consolidation and combination
which must affect the limitation on COM
petition. The Pennsylvania railroad has
1885, 1850 in stock and the Pennsylvania
company $4O,OOO0OO, the Baltimore and
Ohio company $1S4,OOO,0OO, the Chesapeake
and Ohio ST., 100000, the Norfolk and West
ern $S9,000,000, the Philadelphia, Baltimore
and Washington railroad $23000,OOO, the
Northern Central Railroad company SILL
100000. am merely giving you the round
numbers here without the odd dollars. ="
There are great many other railroads
in the Pennsylvania system. 1 am only
speaking of these important lines. This
includes the Pennsylvania Railroad COM
pany and the Pennsylvania company, the
Baltimore and Ohio Railroad company,
the Norfolk and Western, the Chesa-
peake and Ohio, the Philadelphia, Balti-
more and Washington and the Northern
Central. have limited these to this num-
Der bsoeuse they are ve1v conspicuous
and 'moertant -oehs and 'Mr",rate the
mana.- II which these hc'e,r~. ere inter-
locked. 40 to speak wit 'bs.e aifferent
roads - the stock Of the Psue"r'vania
compan- the Ponnsylrsnia pp-oae COM
pany owns all-$40,' 0. o tn. stock Of
the Baltimore am Ohio Rallro "a COM
pany, which is s1S4,OOO,0OO, the Pennsyl-
Sdiiitb oWiS SOlVuV,uOu eiilu liiC
vana company s1e,OOO,OOO, the Philadelphia,
Baltimore and Washington Railroad COM
pany owns 81. ISL ,000 and the Northern Cen
trail Railroad company owns 81. 78l 900. OF
the stock of the Chesapeake and Ohio
Railroad company, which is $62,00O,000, the
Pennsylvania railroad owns $l0,O0O,OO0, the
Pennsylvania company s4,0OO,OOO. the
Northern Central Railway company
S500,000 OF the stock of the Norfolk and
Western Railroad company, which is $780,
| 100000, the Pennsylvania Railroad COM
pany owns $25O00,0OO. the Pennsylvania
company $26,50O,0O0, the Northern Central
| company 81, 500, 000 and of the stock of the
Philadelphia, Baltimore and Washington
Railroad company, which is s23,0OO,00O, the
Pennsylvania Railroad company owns
| $23,000,0O0. with some odd fgures-prac-
| tically ALL $3.50
A Reasonable Inference.
| "Now, among the persons who are on
boards Of directors one person who is on
| the Pennsylvania Railroad company s
board of directors is on twenty-four diff
ferent boards of directors. Another per-
| son is on seventeen boards, and SO on
| Some of these directors are on practically
| all of these boards of directors For in
| stance, Mr.. Barnes is on the directorshiI
Of the Norfolk and Western road, the
Baltimore and Ohio, the Pennsylvania
company, the Pennsylvania Railroad com.
| pany, but not on the Chesapeake an6
| Ohio Mr.. McRae is on the Pennsylvania
company, the Pennsylvania Railroad com.
/ pany, the Baltimore and Ohio and the
| Norfolk and Western. And SO it goes.
! have these statements. which illustrate
how the management Of these roads is il
| the hands of the same men.
But 1 think it legitimate inference
| when the same, or many of the same
i AZ hn Of n
each one of these roads, or all but one
| that they are not as likely to indulge in
| competition with one another as they
were when they were separate and dis
| tinct and Independent. That seems to be
! reasonable inference"
feel confident that a full report from
the interstate commission will develop
the fact that these roads are under one
management, that the rates of freight are
| fixed by one controlling head and that
| such thing as competition among them
| does not exist.
| l call attention to another fact disclosed
| in the hearings before the interstate COM
| merce commission in the case entitled No
812, Red Rock Fuel company versus Bal
| timore and Ohio Railroad company, de-
cided Nov. Is, 1906, where in substance
| this condition Of affairs is revealed: Not
only are the Pennsylvania railroad, the
Baltimore and Ohio railroad and others
| in combination to control railroad traffic
proper, but that they own coal mines ir
combination, and that they refused &C.
commodations for the shipment of coal by
| independent coal miners.
In the case last above referred to the
complainant was corporation for the
purpose of mining coal. 1t had 1890 acres
Of land, 1000 of which We're underlaid with
| coal. This coal field was in the Paramount
district, West Virginia. The company was
independent of any railroad companies
and simply desired to get it's coal out
as interstate commerce. These coal mines
are situated near the track of the rail
road company controlled by the B. and O.
BY building switch track $3.50 feet long
which the company proposed to do and
was ready to do, they could connect with
the B. and o. track, provided the latter
would permit the connection The Balti-
more and Ohio Railroad company refused
to allow the connection, and the facts
clearly show that the reason they refused
is that these roads are in combination, as
above stated, not only for the purpose of
controlling freight traffic proper, but also
for the purpose of mining coal, and sim
ply to keep this company's coal out of the
market in competition with their coal
they refused to permit this connection.
The interstate commerce commission de-
cided against the railroad company and
ordered that it permit the connection to
be made so that the complainant COM
| pany could get the product of its mines
| on the markets of the country. In the
finding Of fact by the commission in this
| case it clearly discloses, to my mind,
| a barefaced, bald, open conspiracy in
| restraint of interstate commerce, and
believe if the interstate commission will
| make a full and complete report of all
| the facts in its possession tending to
show the unlawful combinations among
these railroads that there will be dis
| closed to the world most shocking, hui
initiating and notorious violation of the
Sherman antitrust law, right under the
very shadow of the capitol of the nation.
An OratoricaI Gem.
Out at Columbia, Mo-, lives a young
man named Walter Williams, editor of
the Herald and destined to great re-
nown in literature. One of the most
delightful functions that I have ever
attended at the White House was a
recent one when the Missouri congress
sional delegation accompanied delega-
ton from the state university to invite
President Roosevelt to speak to the