The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1910-06-27

!
is absolutely safe for young and old.
Ask your druggist. He will tell you to
ny Cardui.
N. B,-Wnte to. Ladies' Advisory Dept. chatta-
noosa Medicine Co, Chattanooga, Tenn. for Special
Instructions, and 64-paSc book, Home Treatment
tor Women. sent III pialr Y.-aorer. on request
since have not permitted them to
even maintain their then position. If
the then volume of business were to
come back supplemented by the
! three years growth of the country in
the interval transportation would be
paralyzed; and what would that cost
the shipper compared with a reason
able advance in freight rates now?
Such an advance would provide the
means for avoiding this impending
disaster. The iron horse needs to be
reason as Che living horse used for
transportation. The teamster knows
/ that if his horse is not we'll shod, well
groomed and well FED, and his harness
and wagon kept in good repair, that
all he will save on such economy will
be many times wasted in the ineffi-
cheney of his transportation, and also
add great expense to the shipper. 1t
is exactly the same with the rail
4 roads; the shipper has right to de-
mand that transportation be ample
and efficient; the success of his bust
ness and the development of the
country are dependent on it.
The investor.
To do this, the railroad must show
adequate returns to maintain proper
borrowing credit and present prom,
Using source of investment to procure
the necessary funds to improve and
develop the property as needed 1t is
neither the railroad president nor the
shipper that controls the situation; it
is the investor alone who holds the
key; without his uninvested dollar the
matter how great the needs of the
shipper or the country may be.
With all the increasing cost of OPP
GRAFTON, supplemented by ever increas-
ing and burdensome legislative re-
strictions concerning their earnings.
in face of the fact that the average
dividend rate on railroads was less
than IL per cent for the past six
: years, and the United States SUI
preme Court in the case of the Con
solidated Gas Company stated that &c
per cent was fair return on money
invested in public utilities" with the
average freight rate in 1909 of three.
quarters of cent per ton per mile
the lowest in nine years, the average
passenger rate per mile, one and nine.
tenths cents, the lowest ever reached
is it any wonder that the investor
holds back and the bankers demand
high interest rates from railroads
to put their lines in proper condition
and to increase their terminal facili
ties at all points that are even now a
necessity, and 100000, 100000 more
for modern new motive power and
equipment to move their freight with
promptness and economy. Where car
, they get the money? Only by increas
ed earnings from advanced ratex, and
by so doing better their credit by at
J tracing the uninvested dollars that
are now going to other more attrac
tive but less productive investments
q What viii the Advance Cost the Vii
e mate consumer7
Z Poor's Manual says the average
q haul Of all freight in 1908 was IA.
n miles. The average rate In 1909 wa,
.. three-fourths of cent per ton pc
If mile.
The average total rate for the aver
T. age total haul, assuming it to be tn,
+ same as 1908, would be s1.06 per ton
n An advance of 10 per cent on this rat
N would increase the cost 10 cents pc
~ ton, or 1920 of cent per pound
IN An advance of 10 per cent on the pres
: ent specific rates would increase tn
- cost of 100 pounds dressed beef Il
- New York, shipped from Chicago, a
nd cents; 100 pounds canned fish in S.
es Louis, shipped from Maine. / 81
cents; 100 pounds flour in New Yorl
m from Minneapolis, cents; suit
1y clothes in Chicago, from Boston, i
&c cent; the same for woman's suit. o
rs mans outfit. coat, trousers, shot
!. and hat New England to Mississipl
' Valley, not to exceed cent. The i
: innate consumer can multiply thes
10 illustrations indefinitely. The man,
is facturer, jobber, and retailer coul
ri easily absorb this Slight advance. b
I'd cause, if his business increased b,
one unit, that would more than D;
&c the increased cost on one hundrt
q. units.
,e. Railroad net earnings thus increa