There seems a growing opinion among railway managers that the sole end and purpose of a railroad is to line the 6 pockets of, if not its stockholders, at least its directors. In fact we not long since saw a statement in a widely-circulated journal, that, as the sole purpose of railroads is that the companies who own them should make money, it is absurd to suppose they would be content to manage them in any way whereby such a result would not be most likely to accrue.

The journal referred to, in making this statement a basis for an argument in favor of railway consolidation, entirely ignored the rights of the public from which railway corporations have obtained their charters. In these charters certain privileges were granted, not out of pure generosity, but with the understanding that certain benefits were to accrue to the public. Its safety and convenience were to be considered as well as the profits to the owners.

Every charter granted to these roads involves a contract on their part to do the public a certain service, and in a large majority of cases these contracts are to-day unfulfilled. Day after day sees the power to control more and more centered in a few unscrupulous wily managers, and the comfort and safety of passengers more and more disregarded; yet still the people submit.

But they do not submit without complaint. Now and then a newspaper correspondent grumbles, and the news of smashes that may be almost daily seen in the papers gives a text for an occasional editorial blast, as little heeded by the delinquent companies, as a zephyr is felt by an oak.

Thus the New York Times, on the occasion of a recent railway disaster, gives vent to a little mild denunciation. It says:

"The general rule in this country (to which there are indeed exceptions) in regard to the purchase of railway materials is simply this: buy the cheapest. First cost is the controlling and often the only question entertained. The nature of the materials and processes to be used in the manufacture of rails, for instance, are not mentioned. The buyers for some of our roads, especially new roads, never make the slightest allusion to quality, and never specify tests and inspections, but simply go about among the mills, comparing and beating down prices, and accepting the very lowest. More than one of our rail makers are to-day rolling, under protest, rails upon which they decline to put their trade-mark--rails made from the very cheapest materials, in the very meanest manner--for all that is required is that they shall stick together till they are laid. And if American makers will not roll them, Welsh makers will. The late report of the State Engineer of New York says: 'American railway managers, instead of offering anything like a reasonable price for good iron rails, have made themselves notorious by establishing as standard, a brand of rails known all over the world as "American rails," which are confessedly bought and sold as the weakest, most impure, least worked, least durable, and cheapest rails that can be produced.' The State Engineer refers, in confirmation of this opinion, to the statement of Mr. A.S. Hewitt, United States Commissioner to the Paris Exposition, a statement not yet controverted; and to a statement of Mr. Sandberg, an English engineer of note, in the London Times. A leading American railway president and reformer has publicly said: 'There is a fear on my part that railway companies will themselves tempt steel makers to send a poor article by buying the cheapest--first cost only considered--as they did with the ironmasters.'"

This certainly is a blessed state of affairs. We have given privileges to giant corporations, which they have improved so profitably, that they now can defeat, in our Legislatures, any attempt to revoke them, and can laugh at any demand for better management.

Disguise it how we may, the railroads have got the upper hand of the people, and they seem likely to keep it, unless, indeed, their rapacity shall react against themselves.

At the moment of this writing accounts reach us of the officers of a prominent railway line intrenching themselves against the officers of the law, and employing force to resist the service of precepts calling them to account for alleged frauds upon the stockholders.

That the Legislature of this State has the power to put a stop to these disgraceful proceedings, is certain; what it will do remains to be demonstrated.