Show THE RAILROAD INCUBUS in a saries of highly interesting in our column a ederial corre to the now yerk staats our future transcontinental railroad net in clear style the writer points out the political momentum of the steadily growing monopoly which is becoming a formidable foe to the publio weal if wo use the term foe wo by no means under rate the great even priceless price legs merits of the railroad in of tho country but just by this very recognition of the industrial indu trial and economical insignificance and importance of tho railroads the american people has been induced or rather seduced to give up the moat valuable privileges and pres in a manner inen acea to make the masters out of servants of tho public we do not want the railroad corporation to be the slaves oa the public but neither would we permit them to become its tyrants the aforementioned afore mentioned correspond ent compares our railroad net to the hundred arms of the mythological giant As that giant having jupiter in his combat against the lower deities himself rebelled against the father of gods and men we have in tha railroads a servant that revolts against the matter aad has not yet found the etna under choso whoso weight jupiter kept the unruly monster reduced the past year has contributed vastly to extend the already enorma ous power of the railroads and to concentrate it at the same time into fewer hands if on the one hand we look with apprehension at the never equaled rapidity in the increase of mileage of railroads mind ful how often such a heat was sue ceedee by a perilous reaction on the other hand we derive consolation from the experience that the rapid increase of our population and the steady development of our resources has in laj course of tears rendered railroads Jail roads remunerative which were fast considered as insensate speculations but in view of the growing oal power of the railroads wo can see any basis for satisfactory hopes we can only see that the system the more it extends the more it assumes tho character of a grasping leis and relentless monopoly claiming and too often successfully absorbing the lions share of all the production which called for and justified tho enterprise ter prise of railroads the people of the united states are not re neither are they envious and they never begrudge any individual or corporation the rightful proceeds aal profits of investments for public and private good but they are beginning to grow weary of the extortionate charges and exorbitant claims of interest which have fattened on the public it will be opportune for the people to beware to time lest they nourish at their bosom a serpent too strong to bo crush ed under tha heel |