Newspapers / The Advance (Elizabeth City, … / Jan. 17, 1913, edition 1 / Page 2
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f COMPETITION ON THE WATER. Destroyed by Railroad and Steamship Com' binations on Water Highways. - JVasbington,; . C. Kail. . t road companies and steamship .." combinations control the regular ateamship lines ' in the United ' States and have destroyed coin . , , petition on many of the water highway of commerce, declares ', . . . Luther Conant, Jr., commission ' . er'of corporations, in a report . 'to President Taft. The revalat Ions of the report, N based upon an 'extensive inves : tigation, force upon the federal J, government, says the commission , . , . er,' the consideration of further regulation of joint rail and wa - Jtfir traffic. i ; V . , In practically all the coast wa- - ters of the country, it is declar V d, railroad or steamship consoli . ilations dominate water trahspor tatlon. Their control of both Through passenger and package ; ; ' freight trade is especially strife T ing, says iJonimisMoner Conant. ' - ) on the Atlantic ai!d ' Gulf voiwU ; V and on the great-lakes. Water - lines along the eastern seaboard he adds, have become to a larg . extent auxiliaries or subsid lark's : V of railroad. While the 'eonipe' ,'. A'tition exists in greater measure - ' , -. 1 Von the Pacific coast, the commis- sioner points out important in j, stances of railroad control there. ,';; It is a striking fact, says Wtfn missioner Conant,' "that between 7 a number of the more important ,. r A ; , ports on the Atjantice and ttulf - there, is only, a single regu- . Jar service. ;.-,v.Y f'- ! j , '' ' ' The . New Haven system, it is ; charged, ''has pursued a deter :&f''l ? mined policy, of supressing nny '::h' effective competition on Long In land Bound and several, at least r of its recent acquisitions must ; ,le charged as due to this policy. . Elimination of competition also . was an important factor, says (commissioner Conant.' in the ' ; New' Haven's purchase of a. ma- " ? Jori ty- interest in' the Merchants and Miners Transportation Com ? pany. The extensive water traffic"' !- ' v - '' -f tween New York , city and New England ports is almost complete ; ly controlled the report adds, by the. New Haven road or by the ' ' Eastern Steamship Company, in ' , which the New Haven is a con , y siderable ' stockholder, r though ' : claiming to have no voice in the . , . management . . . , ' . V i ; The Southern il'aciflc, likewise .' . is declared . to .have hovn "a disposition to restrict, conpeti . . , : y tfon," on the Atlantic coast al I' 4 (hoiigh .its steaniHliip, Hues' are ' j ri,Teally a water extension, cf that . ? s rompnnys rail lines. In nddi ,; tion the report says, "the control ','"' fV.of the 1 Southern Pacific' by the V -iUnion Pacific (recently 'dissolv ' 'V?t'f4 T the Fnited'Ftates Supreme " cxv. ohr'ionslv. tended to ; lini- r ; ,'it.,the importance of competition ijr jbya tue JSoutuerii r.acjnc s rau ' ,,. and water route. . , , -"'The railroads controlling the ' v ; greatest ..tounoge af steamship , Vt;' lines, according to Mr. .Conant, J. ajB the New liaven System, 'Un- V" ion Pacific;, Southern-Pacific, the x Pennsylvania, New York Central -v.;,. and Central of Georgia. .. :.('.' Nearly all the important an . ' , thracite lleeta on- the. North At--vlantic coasts, the conunissioner VT -cays, are owned by a few. great Vanthracitft railroads, r j s ." ; ,k 'A number of the' principal ca .nals of the country have' been a ! bandoned or fallen , into disuse, the report "declares, because of :' railroad influence. . . "The condition here set forth. ' says , Mr. Conant, "cannot (fail , to command attention. .'So far as the eastern part of 'the "conn : try is concerned, water lines have to a large extent become auxili- : aries or subsidiaries of railroads , These conditions, force considera tion of the policy to be adopted ' . ,! toward such water carriers. Since water competition has in "consid- - erable measure, been restricted v by railroad control of water lines this fact must be taken account of.' The. interstate commerce . - ' commission has by recent legis lation, secured a considerable in erease in jurisdiction over joint rail' and water traffic, particular ly with respect to the establish ment of joint rail-and-water rates and the equitable division of such rates between the co-carri-. ers.' This is a matter-cf vital importance. If there is to be , any successful attempt to in crease competition . in domestic rater traffic, it seems certain that such joint-rate ' 'arrangement should be far more generally es-' laoitsned than at present. Since joint through rates are almost in variably less than the sum of the local rates, a setamship line de prived of the advantage of a joint-rate arrangement with rail roads on an equitable basis i is practically ' unable " to ' compete with a rival enjoying it. The report says that twenty railroads of the country control steam vessels and barges of, 810, 000 gross tonnage engaged ex clusively in domestic trade and continues ! - ;' "The tonnage of the New Ha ven system is the largest, aggre- gating'a little over ,200,000 gToss tons. -. .Next m importance m the Union Pacific-Southern Pad fits, with! a grand, total (exclud ing tonnaie engaged ,in foreign trade) of ever 160.000 gross tons The Pennsylvania Kailroad Com pany's water lines , have f 68,501) gross tons in steamers, ami 8, 500 tons in barges; the New lork Central, over 50,000 gross tons ; the Central cf Georgia Railway, over 40,000 gross tons. "The total capitalization of wa ter lines rontrolled by these rail i-oiuls (this not "covering holding cbmjanies and several very -.impor tant unincorK)rated services) ag gaes 53,339,3TT in stock, and 31,3J3,887 in bonded debt . t X)f the stock 4(),22:,S00 and' , of the bonds $10,211,137 are owiieil by eighteen , railroads or. their ) su wdiarics . . In:: mist inste railroads own practically aft" the slock of the separately incorpH- ated lines which they coutrol." Of the traffic not dominated by railroads along 1 he eastern, sea board,' the great bulk . .adds t he repart, is cnotrolled by two im- ortant steamship consiHiatiom the Atlantic, k and West In dies steamship lines and the Kan letn ' Steamship" ! t('oriK)ra(ion. With a .few-. exceptions.' the con stituent companies of these con Eolidaticns. were formerly snbsi diaries of the "Consolidated Steamship Lines, organized by Charles Wj' Morse and wih b oi'apsed in 190T. . While thevi-- pK:ars to )n o iiierownersli!! f stock be :veen these two ir'rfmf-hip cyr:Knl:ia- tions, Mr. : Conant adds, , they have several directors in common indicating a considerable tmini'i nity of interest-. V" On the great Jke all the im portant through', passenger and; freight lines; it is declared,? are owned by railroads 1 In the lo ta package 'freight jtralhV there u-e a iarge, uumoer. of fUepena 2nt water carriers'. ' Several-of the' principal 'lake fleets handliu ore, coal and lamber dt-'is -saiu are under, control, of .Important industrial "concerns, .-the largest being the Pittsburg Steamshi (mpany, controlled by the Cn ted. States Steel Corporation. On the Pacific Coast the com missioner found independent steamship lines 'forming -an im portant factor in the coastwise trade, but said several water lines were under .railroad con trol, instancing' i he interest of the Union Pacific-Southern ""Paci fic in the r Pacific ' Mail and the San Francisco & Portland Steaiu ship Company. The Southern Pacific also controls a fleet of oil vessels, belonging to the Associ c'ted Oil Company, he adcls. r Steamboat lines on the Missis sippi river4 Mr. Conant says, have largely succumbed to rail road competition, or natural dif ficulties. The great bulk of bi- tnminous coal, the principal item of traffic to-day on the Ohio and Mississippi -rivers is handled, be adds, by a single industrial line-- the Monongahela River . Consoli dated Coal and Coke Company, controlled by the Pittsburg Coal Company. RailroadB now control, contin ues Mr. Conant, about IKI per cent of the mileage of the few private canals still in operation. "On the Erie canal, the most the country," says the commiss ioner, " "the Vest bound busi ness has virtually passed ' under the control of railroads, while east bound traffic has been largely di verted from the canal by the re peated reductions in rail rates, rate arrangements and railroad control of terminal faculties. These reductions in rail rates, are, however, to a considerable extent "attributable to canal coin petition., . The , report deals chiefly with regular through passenger and freight steamship lines and takes nd account of. tramp steamers. It is the fourth installment, as the result of the' bureau -of cor3 poration's extensive, investigation of .water traffic, the three pre vious reports relating to water routes, volume, of. traffic and the control of terminals. ' important urtiflcial waterway in AtESSTOCT': Who are "Just Ready to Drop." When you ar "Jus reatfy drop," when you feel bo weak that you can hardly drag yourself about and be cause you have not slept ,well, yo get up aa tlred-out next morning as -when you went to bed, then you need help right away. Miss Lea Ibutnaa writes from Ma low N, ., Baying:' "l wa In & badly run-down condition for several -weeks," but two bottles of Vinol put me on my feet again and made me strong and well. Vinol has done me more good than all the other, medicine I ever took." ' . :, -s-r If the careworn, haggard men and women, the pale, sickly children and feeble old folks. around here would follow MiBB' Dumas' example, they, too, would soon be able to say that Vinol, our delicious cod liver aad Iron - remedy, had built -them, up and Jtnada them strong.. , , ; It Is a wonderfully 'strengthening and Invigorating body-builder, and we Bell it under an Ironclad guarantee of eatiBfaction. ton get "your money back if Vinol , does-not help you. gtandnrdPr vg fp, j ,. 4 Ellzahetb N C The. Holidays Arc Ended ; ' the' jolly friends are sepaiat- " ' -1 ... '4 f' ' .' .'' - cd, but yon can keep them with yon and be with them in pic tures. .Probably you. owe. it to them and modern photography makes the obligation an' . easy one to meet . , There is a PnO- TOGRAPHER in our town. "- -: - ;-l ''.-,-.''' Zoellers' Studio DEALERS IN REAL ESTATE K Room No. 5 Dee Hive Building MR. .'HOUStiOWXEll : Fall is the best time for .Put til ing, and fall is hereRetter pain'i that hos-Re now before the 'cold weather comes, and thus- protw't it from the winter storms. , See SUARBEH k WHITE HD W CO about it, and yon will be sur prised to find how- little it 'wilt ' . i a. . .' a. .iji tt . ; f cost TU to pUIDl WIU jSSUiy flWI Patte , pain t, which h the Itc'xt paint vou can buy ; f K very". gal lon ot Stay Sum r Panic Paint re quires one.-gallon, of raw linseed nil lefore it is ready for use, As niie gailou of ; Staff 'Semi-PnnI Paint costs $2.00 per gallon, and nne galloiT 'of linseed oil costs .fyiQt J,'cr. gaU.('n, yoif .'pay... fl.50 ier "gallop ; for, .the host and" 'pur est .-paint, that " can be producci! t. 'yiu;:': .;n Mal.ru' TWO" ,- :- .- ' . ...... 3 he dtixens SBanA Open Saida- tliohts 4 OK ALL SAVINGS ACCC'J-JTS Reall Estate Sold, Exchanged Rented. ' wSee our List of Desirable Property ; J The Real Estate Men t 5 .Deeinvendg Very likely they can interest you. & i .is, m Good Care of the HaV Bab natural. napp tlebt nalr h an. NlcB.eW.fluffyh-ilneTuwing.cn Makes a!l Woir.ci rc:r. - n.. k.r & .! i- !f tton. Ni4cleM.flofryliinTiwmotith mora l Welt Known Scalp Prophyfc;c TflHi worn aiMiliw nf trarA h.l la 4mMI ' I . ... , vi -. naraooi Ushtfaioda iinM hah ImwiiI it Hum tm m ...K. u ... about HwvicM thatnewr offmxli bo appeals ta everyxm. her,. aontair -tm na ooe ixttln of dy. Tbattebins which Indieatea dundruS, wnnuiy aupa alma once. TImt la nonwd lor tuijrona ta tMdenvd by other preoarmtiooa tht hmva aduptad 001 Tertwrnr elaima. Vori tn avnU mmIM. I4..tt ka huiin K.u.nn. ... ; h. o aaaaaraawaaaaawaaa aotuca. ..f CITY DRUG STORE, Water &llatlsws EASTERN CAROLINA iihi co;:puii Only line offering regular service to NAGS HEAD and MANTBO . ATI tbe year round. 1 HATTIE CREEF t -... ". .-" " ' ' '. 1 - V Leves Manteo -5:00 a. m. Lavet Elizabeth City 12:45 p. m. lone-fill at Nags Had Each Way, DAILY EXCEPT SUNDAY. I b-J . J'nssenr-erg will find courteous and scvoniTiiVtrfatlnitr ,-ew and safe and :'i!iilort;iHe boat.-v ' '"-. . .-. . . i BARS aunt mi ' iiuTii mm floo J5" JBMli. bakT48 gas KHt: T-'f-1 ' -- I!f4.fb-fi . B. m-m. t.. w Mm. Ik i fjX ii -" avir aj, ' - m v. .. m. . -. . xML- aw. aL. aw-, -w U i.k&W Lr,. U-., U, U " U U tW.-.L ife Hfr4-:jfl ir - -- -4- fcv 5 , . o. i jgffi.jyi hn mk am i i , inn, n w, n.i ia. f ; f i"" c r- T"' i : i . fr" . ' i"T ' mm mm 1 . '.There are several "Stars' in'tlie North and? two. brands of. flour branded ;"North Star. r ' ' " " But the original an4.. first;. jSrand put on the market is made by Northwestern Elevator: and Milling ; Company of. TbleaOhib;' ... . . .... - . ' . -. . . - Beware of all immitation brands NORTH of U$, j 1.' j,1. ! ' 1 1 . i . - ' . '' '''-"- -,-4,. - T " ; Mt ri-1 J 'v j ; . ... J ' -The Original is distributed by v , ' Koyal Pooltiy and' Babbit Fence is designed t especi.111 j. to meet ' the nnrent and growing demand for a thoronhlT trdod and clcnt 'poultry fence. Strong, nb stantial . and adequate : for gar dens, orchards yards and all" places where it; Is deired to confine or keep out poultry or mall animals. Thil fabric is not a lignt netting, but is a substantial fence. easiiV stretched wbiclL if Drop erly erected, will not fail to girr the greatest satisfaction Not tht cloter t pacing at lottoml . - We sell Rv "1 1 ." -'- Sharber & White r Hardware Co. C. W. STEVENS COMPANY. ELIZABETH CITY, N C. ? Toxey & Go., FOR SALE Thirteen Hundred Dollars in notes maturing one, two, three and four years with interest being deferred payments on f.".,000 Rale of real estate and secured by mortgage on same prop erty. Will discount Four () Ir cent for cash. , F. Wholesale Grocer? r :- -(.-., ,-.-'....;,.-...- '..;: . Wish you a Happy New ear Addres, BUSINESS ' P. O. BOX 292 ; .V ELIZAJJETH CITY, -; :C Li: Its the Season for game and , you'll find Quail on Toast and Many other - Delicacies at - r - ; TBc Busy Bcc Caf ' : Where the most people Eat
The Advance (Elizabeth City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 17, 1913, edition 1
2
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