Rensselaer Semi-Weekly Republican, Volume 38, Number 46, Rensselaer, Jasper County, 23 February 1906 — RAILROADS [ARTICLE+ILLUSTRATION]

RAILROADS

It is now possible to travel completely around the world upon the Canadian Pacific Railway and its allied steamship lines. The Transcontinental Passenger Association is considering the advisability of cutting off many of the places to which summer* tourist rates have hitherto been sold. The Norfolk and Western has closed a contract for seventy-five locomotives to be built by the American Locomotive Works. They are both for passenger and freight use. As soon as it became known on the stetk exchange Monday that the Gillespie resolution calling for an investigation of the Pennsylvania railroad had passed the House, the prices of railroad and industrial stocks and securities began to fall rapidly. Pennsylvania stock fell off 2Vi points and all the ethers on die list were affected. With due respect to other good roads east of Chicago the New York* Central lines Were unconsciously laid out by Commodore Vanderbilt so that as a finished product they represent a water course rather than a railway system. They were built on lines of least resistance and flow from the Mississippi to the Atlantic like a number of streams tributary M one big one. The peculiar feature of the New York Ceptral system is thatshe different lines feed naturally on a water level grade from the middle West to the Atlantic ocean, while not another road ■capes the high grades and mountain*. t • - , . *