DAD BUILDING the hobron globe alobe while noting the boom in railroad building in japan and tile alio gratifying tribute to american methods that thai our locomotive engines are ale greatly in ili favor lit that land liand and likely to supplant english made locomotives ino tives it says rut but it ft would want ho he the vart part of oc for jacun to y k c warning lv by tho the ex cx amon of I 1 alm I 1 0 united 1 I st stubs u t all and I 1 lie nol 9 KO headlong adlong li into ralli rall cmil rond but bling too much mih ding ins been un tin experience for which yankees have paid dearia it would aa ln a ply if japan hould fall to profit b bv our tho the broke brake of ought to 10 bet I rought into just now by tle lle ud ad ahr la Is such auch it thing as going it too fat i I 1 it is 1 true that the yankees have lost aghon a rood deal of money in ili railroads in the I 1 united I 1 states fal alre therease Ther eare not too many railroads in ili the united state but are two great it in the way ay of many inina railroads paying more alore than half of them weri were built not lint because of a present demand for them but because certain cei lain syndicates of oc gentlemen projected them with stock block representing in mony all that thal they ihry ought to have cot cost with a alike like amount of ci bonds then unloading the bonds with the money they built thil thi roads and still owned the control thon then they unloaded the tor for cihat hal they could re act t and ALI because or of this the railroads ate badel up at twice their actual colt our country Is riot not able atit at t to give those roads pal pair rona enough to pay the interest an and expenses on a double capitalization then because ot of tile the way the fiscal policy of 0 this country has bati been manipulated more than halt half tile the freight and passenger travel on oil many roads has been out cut off for example tho the union raeine paid tile litterest interest on an its bonds and a little more up lip to tile alie time of the crash of isalo te which aich crash was due to the failure of the daring bros which failure was due to the or ty in argentine arson alno chich property but followed the natural decline which has haa been going on upon all the outside property properly ot of tile the world for twenty years and which had been blody undermining the worlds bus luea until when that great house toppled arid and tell fell the on the worlds busi business riess was precisely what corns conns to the childs house haiie ot of cards when one oak card I 1 thrown down down cornea comes the douset it if the congress of 0 the united states had let iet silver alone the roads generally would have been paying their in terest and more even those on which the most stealing was done in the construction consTruct I 1 lon and many and many a mile would have been added to what we already have anti and with every mile thus built tho the labor ot of the country would have been reInforced rein forced by at least 1 for every hundred miles 2000 tor for every thousand miles tor for every ten thousand miles the men inc n of 0 boston have suffered greatly on account ot of the money they have subscribed for rall railroad road bonds and stocks st oclis and still they will not learn the reason why it was necessary sax y that they should suffer and a Is made to arrest that steady decline and restore things to a U ormal normal condition then they begin to talk about anarchy and repudiation which Is only a proof that while boston men mean to bo be honest they are sometimes tim w fully dull even when their own interests are directly affect cil L I 1