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Show I0SS1.S IIV IUIMUS Wemuttbejust to tho railways and to evirythlug and everybody clu They (the railways) aro a I ower In the land for &ond, mid when they kud their euergle In the direction uf oppression they are Just as great a power for evil. It la when tills hitter condition prevails that they are lo bu resisted, but nt other times they uru nn ludlsivnsablo factor In the advancement advance-ment and wtlfuro of tho nation. Thiy kill rather more than thilr sharu of 4.opleaud animals, but this wu may atlrlbutu to uu ivoldable circumstances oftonir thanotturwli; but they havu their tjwu mlsfortuuui and drawbacks to contend with, aud It Is only fair that these should be t,emrally known and uudiritood. The HalUiay Agt has mado up a table of railway toreclosures nnd re-celvirshlps re-celvirshlps for tho put your that la quite Intertsting. During the jiar tweiit -tight rallwaja with nuuggre-gate nuuggre-gate iiillruge uf 10." uillea, and a capltillttou ol sJJS.SUSjOJiJ, wire sold under foreclosure. This Is bettor than tho record for the precoltnx mr, uut tha ruoord of thu new re-cotvershlpsls re-cotvershlpsls extremely dlacouraglng to luetors In this Undo! propurty. Only twice In the UU nine yeun have moru railroads boeu found uuprofltablu and turned over to boopertted by receivers re-ceivers than In 1692. Thirty-six companies com-panies with 10, JUS miles of r iad and it (npltallratlon of $3,U0O,OUO havi found tlulr wuy t fie Insolvency Insolven-cy court. In lb II but IMS'J miles were luu voJ, with a ipltulzitlou of i3 1, 1'U.iw. Thl greutlucriaaiulsixplaluedaabtlugdiiL to tho breaking up of the Itlcluuoud terminal projtot which hadiJOJ milus of road and uj tapllallzillou reucblug Ihe enormous fl ur of J'"' mV11 II it esen without Hut disastrous ril lap, II Is shown Untitle grin I total o ill have beeugruatly in rtosis ot Ihe exhibit for several years pat,a the recorJ nSuadantly disclose", anl It all got ti show that It Is a cnnuluo wonder won-der that with so much responsibility andti many obstacle) to surmount so many roads keep on working ns though nothing ImJ hsppeuel. Tha sales under foreclosure of msrtjajo for the seventeen join last ast were! 11.144 MlVare I cjaptut !: ...- u a.ai tjl!n !;.. ..-.... i ' imjiiik !"" ...... ( 1 1901 ll,ll Wl 111 A I IlkM Slli.4l ij. si a J!) im.hiiw) ll .... . fi sen u..' i IM , i ' 11 nn a,iKete la x .. la 1,111 II.IATO la l .., IS Tilt : !,!.' ol i...... .... n s,i muiesi i- ,... it 'fd sri.ivjuis lH-l .....,! II till SJll-I.OVO n Is 191 ciijjjeai l... y,'JW i lr,tiv" IVI I O Sa31 lilil,;0 lvl si nil ia,iui m . jn lasix.iiw Tqiil Si IMt-o r.m.wo The sum total, It will bu seen, nearly equals Ihe national debt wnon at t greatest. The receivership during tto nine ears were: It d Mlltase ! Ctl'lltl .... , n lin- l ,a sm i-aa ii atae I ruajia 1" I !,; ' iJlien i-s7 una , eii,i la li vi iwau.o(.i I v ..... .... rj i I w eaw la it tfl J liU' f" l"vl M am lil lw .. M I la IH W.t'l W) Alter audi an array It Is easy to understand what It takes aud wLat It Involves to construct an 1 npernto lines of railway. Of course all Ihe losses set out bro not In Hie or Unary oourse of LniliiiM, a great perc-ntajo Iwhu through mlsniauagemenl, dishonesty, etc., but thn larger share Is llio result of the tralllc not equaling the out-lay. out-lay. llowovtr, thu publlo should nut nnd will not be bell responilhlu for eiieh mla'ortunta by either being taxed toinskoupdcllclenclot or charged exorbitant ex-orbitant tolls. They aro cllllng for tbe railways to have their dure and nothing morn, while being determined to secure their own rights and nothing lis j. A fair arrangement ought tube good euoiiih for nny man or nuy cur-jorallou. |
