"Yes, we will cut the rates--an average 10 per cent.

cut throughout the State, as we are pledged.

But I am going to warn you, Governor, and you, Harran; don't expect too much at first.

The man who, even after twenty years' training in the operation of railroads, can draw an equitable, smoothly working schedule of freight rates between shipping point and common point, is capable of governing the United States.

What with main lines, and leased lines, and points of transfer, and the laws governing common carriers, and the rulings of the Inter-State Commerce Commission, the whole matter has become so confused that Vanderbilt himself couldn't straighten it out.