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The railroads have killed the steamboat passenger traffic by doing in two or three days what the steamboats consumed a week in doing; and the towing-fleets have killed the through-freight traffic by dragging six or seven steamer-loads of stuff down the river at a time, at an expense so trivial that steamboat competition was out of the question.
The railroads have killed the steamboat passenger traffic by doing in two or three days what the steamboats consumed a week in doing; and the towing-fleets have killed the through-freight traffic by dragging six or seven steamer-loads of stuff down the river at a time, at an expense so trivial that steamboat competition was out of the question.
I informed them I had diverted the steamer to San Diego for orders, and in the interim, unless the Panama Railroad guaranteed me by cable immediately sixty per cent. of the through-freight rate for the Tillicum, and a return cargo to San Francisco, I would decline to send the Tillicum to Panama, but would, on the contrary, divert her to Tehuantepec and transship her cargo over the American-Hawaiian road there.
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