A Unique Story of a Marvellous Career: Life of Hon. Phineas T. BarnumBenton, Joel
History
A Unique Story of a Marvellous Career: Life of Hon. Phineas T. Barnum
Benton, Joel
Barnum's American Museum; Barnum, P. T. (Phineas Taylor), 1810-1891; Circus owners -- United States -- Biography
Mr. Barnum arose to close the debate. He endeavored to state
briefly the gist of the whole case. "Only a few years before," he
said, "the New York and New Haven Company had fixed their own
price for commuters' tickets along the whole line of the road,
and had thus induced hundreds of New York citizens to remove to
Connecticut with their families, and build their houses on
heretofore unimproved property, thus vastly increasing the value
of the lands, and correspondingly helping our receipts for taxes.
He urged that there was a tacit understanding between the
railroad and these commuters and the public generally, that such
persons as chose thus to remove from a neighboring State, and
bring their families and capital within Connecticut's borders,
should have the right to pass over the railroad on the terms
fixed at the time by the president and directors; 'that any claim
that the railroad could not afford to commute at the prices they
had themselves established was absurd, from the fact that, even
now, if one thousand families who reside in New York, and had
never been in our own State, should propose to the railroad to
remove these families (embracing in the aggregate five thousand
persons) to Connecticut, and build one thousand new houses on the
line of the New York and New Haven Railroad, provided the
railroad would carry the male head of the family at all times for
nothing, the company could well afford to accept the proposition,
because they would receive full prices for transporting all other
members of these families, at all times, as well as full prices
for all their visitors and servants.'
"And now," he said, "what are the facts? Do we desire the
railroad to carry even one-fifth of these new-comers for nothing?
Do we, indeed, desire to compel them to transport them for any
definitely fixed price at all? On the contrary, we find that
during the late rebellion, when gold was selling for two dollars
and eighty cents per dollar, this company doubled its prices of
commutation, and retains the same prices now, although gold is
but one-half that amount ($1.40). We don't ask them to go back to
their former prices; we don't compel them to rest even here; we
simply say, increase your rates, pile up your demands just as
high as you desire, only you shall not make fish of one and fowl
of another. You have fixed and increased your prices to
passengers of all classes just as you liked, and established your
own ratio between those who pay by the year and those who pay by
the single trip; and now, all we ask is, that you shall not
change the ratio. Charge ten dollars per passenger from New York
to New Haven, if you have the courage to risk the competition of
the steamboats; and whatever percentage you choose to increase
the fare of transient passengers, we permit you to increase the
rates of commuters in the same ratio.
Public-domain text, read in full here on John Shaqi.
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