| Show A stupendous TUMBLE the springfield republican discussing the recent fate of the northern pacific railroad and doubtless ilfin encee somewhat by the stockholders P interests makes a very just criticism upon the methods which have brought that mighty property properly to its present st straits raia certainly the result of a long series of questionable operations shows that as in the case of some other roads that might be mentioned the managers have learned how to make fortunes out f such t properties les while the owners or security b holders older grow poor under a conservative management the N P could have been put long ago upon a permanent paying bable babie it runs through a section abounding abounding in natural wealth dealt h and rapidly being settled frederick billinga started the property on the way of growing solvency and prosperity and had bad his course been pursued by his successors the road would be in another position today but from the time the oregon navigation interests got control through the kamouh blind pool and drove the golden spike with such a hurrah I 1 in 1883 the purpose of the management at sterns ems to have been to joaq loa it up with enough nonpaying non paying acquisitions and onerous debts to keep it perpetually on the edge of the precipice it has now dow for the third time fallen over no romance connected rail roads or finan ciering exceeds in inter eat the story of thin road and its great brest and moving spirit henry Vill dillrd rd but the truth has to come out at lag reckless bookless and extravagant mane ment and not hard times are at fault this time |
