Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1845-08-20
" lts net income wa
4" lie whole coat,
. Its dividend.
es,6ea
i,ksA.l7l


| ats net income wa eS,6e5
i "is whole coat, t,<sl,t7l
| Its dividend. 6 per cent.
"The Richmond & Petersburg Railroad cost 500 900,
instead Of 200 000 stated your lstas yet pays
| no dividend.
The Petersburg and Roanoke Railroad cost about
S9So,O00 instead OF $4,000 stated and pays pcr
cent The gross and net income IN the list are right"
Now will be by reader OF tho above
extract, that simply the Stock list OF tho
Journal aud that the gross and income OF the Peters
burg Railroad being given correctly in the list there
occasion to in relation these ITEMS than that
the gross and nett income OF the list were night
The above extract has been garbled by MIR. Rrd. ny
LEAVING RIcHNoSpA PErHgsnuRG
RAILROAD, and oNirTISg KArRAcr
der TO induce the belief on the part OF he reader nc
Processes TO dsclsim II himself that had in view ITO make
comparison" between the Richmond Il Fredericksburg
aud Petersburg roads, which he alone has put In contrast
by nutilaing fhe eIfraet "unfavorablc to the latter
publication OF Mr. Bird, pamphlet form. which has
Just been put into my hands, sheds light the
ves which probably induced his letter the Editor OF the
Railroad Journal, and the mutiation OF the extract
| lerrcd to. THIS publication. which understand has
| been made only within few days past. purports 10
be letter addressed by Mr. Bird to John F. May, Esq
OF Petersburg the 10Th of June last and Is headed
Coparison Of the Petersburg aud Roanoke Rail Road
Company, cith the Riehmoad, Fredereksbarg aad Pc
" fOniae had Read Company" Its preteTt Is remark
alleged have been made by me- the meeting Of the
Stockholders OF the Richmond and Petersburg Rail Road
Company ON the twenty seventh Of May last whilst its
OBJECT be- that his Mr. Birds) manage
mcui OF the Petersburg Rail Road 10 that
OF the Richmond, Fredericksburg and Potomac Rail Road
anu the Stockholders o the Grcensvlc Roanoke
Rail Road Company, equally indebted to him. with
those OF the Petersburg Company Tor his management OF
ther affairs
the prefsrf the first place, because the
marks made referred to, naturally
OF the circumstance OF the example of the Petersburg Rail
Road in uniting the Offices OF President and Agent OF
Transportation, having been cited by OF the Stock
holders oi that town, for imitation; when my bro
her Mr. Conway Robinson myself, remarked, that he
had lltIle doubt # the offices could have becn kept
distinct the Petersburg Road and the services OF the
former President Mr. &. r. Osborne) could have been
aned the Company would have gained much more than
the difference OF salary supposed 10 have been saved and
secondly because the most proper mode OF shelving the
erroneousncss OF the opinion, would have been compa
the receipts and expenses Vi ke Road, be
fore ami after the the oices-not conpHri
| son with those Of smother Road
In regard the publication Itself, have only To mark,
that whilst any thing bu, correct conclusion woed DC
drawn from believing that the Stockholders o the
Richmond and Fredericksburg Company satisfied with
the management Of their work. do deem II necessary
follow Mr.. Bard through his "eornparisoH" IL tie
nua expenses Richmond, Fredericksburg aud Pctp
Rail Road Company greater than those ct the
Petersburg Company have the qualification ot knowing,
that Their Road ana machinery kept in the oost
dliion-that the traveller well accommodated on
their work, aud that the Post Office Department
has Of complaint OF want at Dispatch or pune
uay the transportation oi its mails and eau certain
~ ee roget The prosperity at the fact be SOL OF the
Petersburg road, work OF which was the Engine
which OF my most valued friends deeply interest
ed and 10 the completion and success OF which may,
without vanity, cam TO have contributed somewhat more
Than Mr.. Bird has But subject vi regret with me,
| " may move IN he the Stock
holders NJ the Petersburg road that Its fesiden instead
OF attending To h proper bushes. Of managing its affairs
have been time principally occupied
IN exciting pfcudces against the railroads north of Peters
burg and doing what he could divert trav, from them
To the James River and Bayooat-. II the RESULT at these
courses should be 10 re act on the prosperity Peters
burg railroad 1t will be only natural aud probable one,
winch no one will more sincerely regret than myself
Requesting an insertion o, this IN your columns am
| Sir r.su.cliullv your oh.I;,pt servant
NJ ROBINSON.
r,..--p.,, NJ '"' ~
| H"'~ hHi"oad Journal
Sta friend has called attention To an article
in your paper the 9th u part which extract,
| il Is short:
.\y;Is I ,L;,L Of =, ,i .,c, ,,, .,,,o,,.,, -; 81,
| ,,o, .. d. :, -. - - -, - -, -
| IN vn,,, i.t
..'rb -. ;,. 70 ti I,s.L .L- -
,,nnr ,,'r,,dl ,, ,t. ~ 49,, ,; -, -, - L.,
was SisI 3Is
"I,. NO, i,c,rr. 80, s,'f.s
"Irs cost li5II7I
al. J,y,J,,I !, 10, 49,,
I'm Prr.r-hnr, sud Ro,,,ko ,,I,o.d c,,, oho,,
S95u ogo ,n.,,,J ., <Ifn onu =. s,,,a5 ,nJ -, a -.
| cent" -
d, no, supnoss th, IN. writer NJ tho h,vc ir,.Jd
10 mai, comn,r,, heyyc, the ,,y ,,l ,nf ya,,Li =,
the latter but the mprcss,n which the Statement, ,u.,
have made ON the minds of vnur readers Ms tLnt tb.
hrs, wa. twice as valuable an Investment, as the last and
! that the last only pays 3 per cent"
Let Us set how far Tins nurssi,n Il sustained nv more
detailed statement in regard to the Petersburg roaI-hc
| road ove5 which preside
The Petersburg fnot Petersburg md Roan,ke) railroad
finished in 1888 Up {, 1872 At had paid IN dividend.
81 p.r cent, In 1872 and IsI3 In, c,n,apv ,.h,il, tho
road with IL miles al ,dp. mis- and ,b. b,I,,r. uh hy
=. ZACH plate ron and constructed miles Of new road and
dividend paid the profits having been absorbed by
The receipts Of Transportation for the ~