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Monopolies

Monopolies image
Parent Issue
Day
30
Month
June
Year
1845
Copyright
Public Domain
OCR Text

The rftects on the public of our syslem of monopolies, is prnclicully iilustrated by the follovviug article froni the Argtis of the LSd uit. It shows ihat while the highest rate of freight whicli Ihe Briticih Parliament allows to the railroads ofEngland is only "threefourths of a penny per ton,) (a cent and a half of our moneyj our railroads charge per mile from Albany to BufFalo, as foKows:Oiir tons aleo are only 2000 poumls, whiie the English ton is 2240 pounds. When our railroads send the above arricies by the pasa enger train of cars, Ihe pnce is obout 00 per cent more than the above rates. Truly our farmers pay dearly for the support of monopolies, and to make the ricli richer. If the nghl to estabhsh rival roads existed, the mere fact would reduce rates more than half. - Ulica Democrat."A recent letter from England states that railways every where ore depriving cana Is of a greater part of tbeir troffic, and even of much of tliecoasting trade. It is considered as a eettled point that canals wil] be kept up only as auxiliar)' to raiïroads. All the new railway charters granted by Parliament have been accepted with the limit of the maximum charge for locornotive power, of fourthá

Article

Subjects
Signal of Liberty
Old News