Democratic Sentinel, Volume 11, Number 9, Rensselaer, Jasper County, 1 April 1887 — RAILROAD INTELLIGENCE. [ARTICLE]

RAILROAD INTELLIGENCE.

The New York Herald publishes a number of interviews regarding the effect of the interstate commerce act. The general opinion seems to be that express companies are exempt from its operation, also that the great railway systems will consolidate and make such tariffs as will crush out the lesser lines. It is said that the Pennsylvania, St Paul, and Northern Pacific systems will consolidate; that the Vanderbilt roads will bo put uuder one management, and that the Baltimore and Ohio deal is the first outcomo of the bill. Commissioner Fink said that while some sections of the bill were admirable, the greater portion of it was impracticab'e. He thought he effect of the bill would be to drive producers in the far West to the wall or to the slow export via the lakes. He believed the law would ruin a great mafiy ralways, and the many branches of industry that have thrived on competing rates. Vies President Thompson of the Pennsylvania Road expresses great confidence in the Interstate Commission, and thinks the members will consider the best interests of the country in applying tho law. The Pennsylvania Company will advance the rate for quarterly commutation tickets 2J per cent A contract has been made at Mexico, Mo., for boring a Well three thousand feet, in search of oiL Agents of l California roads have announced that in future rates on wool to Boston

will be $5.40 per 100 pounds, an advance of $4 This, it is said, will make it impossible for Boston dealers to handle California wool. The Railroad Commissioners of New York have presented to the Legislature a report against the heating of cars by stoves. A mass meeting of commercial travelers held at tffe Palmer House in Chicago, decided to adopt no agressive or boycotting tactics toward the railroads on the mileage ticket and baggage question, but appointed a committee to co-operate with the sim lar committee of the Merchants and Manufacturers’ Association in bringing their mutual grievances before the railroad managers.