Democratic Sentinel, Volume 11, Number 14, Rensselaer, Jasper County, 6 May 1887 — AILROAD INTELLIGENCE [ARTICLE]

AILROAD INTELLIGENCE

The Pacific Railway Commission, sitting at Washington, has been investigating the workings of the Union and Central Pacific roads during the past week. C. P. Huntington gave some interesting testimony. Among other things he said that the company’s lawyer in Washington was paid $20,000 a year salary, and was allowed from $30,000 to $4),000 to “explain” the advantages to the public to be derived from the approval of the Central Pacific schemes in Washington. Charles Francis Adams testified in regard to the management of the Union Pacific Company for the past three years. He expressed the belief, from careful scrutiny, that Jay Gould and Sidney D.llon had always been more than fair to the company. He reported the taxes annually paid by the road at $1,101,0 )0. A Peoria dispatch says: “The main line of the Santa Fe road has been located to run front Chillicothe, on the other side of the river, and will enter Peoria over the Peru and' Pekin Union.” Competition by the Grand Trunk line led the Indianapolis and St Louu road to return to the pass system for shippers of live stock, on the ground that men in charge are virtually empoyes of the railway. J. F. Goddard has been promoted to the management of the Atchison, Topeka and Santa Fe Railroad and all its branches, vice C. W. Smith, resigned. Jay Gould is said to have purchased 169 acres of laud at St Louis, on which the machine shops of the Missouri Pacific and Iron Mountain and Southern Railroads are to be erected.