The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1850-06-07


he subject This letter was s"On'''ed oy
l mo n Mr. KEYS and Mr.. S. A. Smith io
E their consideration, ana after we ia" APP
= piled and failed to obtain any subscription
of stock in Charleston. Augusta ana IN
, ,ounah. in was determined that l should
. visit Washington city and hear what pr"p"'
.itnn he had TO maxi. ! went to WASH
;nn,nn. mud immediately upon my arrival
.on, NV cnrt to Gen. Green's residence
.o,,n after n son Of the General en- led md
;u,rod,,cd himself to me mud informed me
Tint his father had few days before gone
to Boston, leaving directions with him tina,
if should arrive there in his absence the
lact should BIZ te'cgraph'd to HIM md he
would Immediately Iclu'n. tod y"u"g
Mr.. Green that | was gong 70 Philadelphia
for few days and could probably NEE,
with his father there. but at all events could
sec him on nv return to Washington. A,
ibis we par,cd, und upon my return to
Wash,nrlon from Philadelphia again sent
nv card 1, the residence of Grn. Green,
and in a shor, time after he called upon me
at nv room. He first cnqulrcd about the
condition aud prospects ut the Company; |
informed him that the Distance from Knox.
vile to the point where we expected to con-
meet with the West, m md Atlantic Rail-
road was about l6 miles; that nbnu, la II
TIM, distance was graded; the bridge built
across the Hiwnssre river; that tn" Co'npa'
nv was in debt between thirty and forty
thousand dollars; that tbprn was an un"x'
pcndrd balance of $ ate subscription of five
per cent bonds amounting to to Sol 900;
that after the completion and equipment of
The Road to The tIiwassec river the Cnmpa.
nv had the privilege Of issuing its bonds for
$3.50, 900 with the States guaranty, upon
the pledge Of the road and its earnings to the
State as security ngnins, her guaranty;
that we had no available indlvidna sub
scription uGrxpcndcd 'hn, ] believed that
the people along the line Of the K"nd in
East Tennessee could be induced to sub
scribe stock to the amount Of $50, 900. il
they could be permitted to nay 1t in III" pro
duce of the country ant timbcrs for The
superstrutIure Of ihe Road; mat l did not
bcliere any subscriptions couih be obtained
IN East Tennessee if il ~as required TO be
paid IN money; that il "" could commence
operations on the Road again. aud tn" S"n'l
Carolina AID Georgia Ral'rond Companies
could see tina, the Road could and would BE-
5 made by their aid of Sl5OOOO, | believed
, they wonld come TO our aid to that extent.
Upon this Gen. Green remarked that
S2Ol 900 o: Safe subscription and the
$3.50 600 of Company bonds, guaranteed by
the Slate. were good available mems; that
ST. 80 600 to be paid IN produce aud tInberS
would be equal 10 cash TO contractors as
al least that amount would have to be eX-
pended along the line OF The :oad during
, its construction, and that he had no doubt
Sl5O, 900 could be Obtained in South Car
DINA and Georgia. He further observed,
that If the company would give the con =
! tract Tor the construction and equipment
of the whole road 10 the sen,lrmen for
whom he was acting, they would subscribe
stock TO the amount of $3.50, COO, this sum
with the others before stated would make
! ST., 100000, and for tins last amount, after
, ieducling these from the amount OF the
debts OF the company, the road could be
made and equipped at least TO the Tennes>
see river.
Before this conference was ended. Gen.
, Green informed me that two Of the gpn,le-
, men Tor whom he was acting, were then in
the city, one from the South and one from
the Norlh-that he would confer with the N
} that evening, that they did not wish that
their names should be known unless the
contract was entered into; | informed him
that had no authority TO enter into any
contract, but that would receive and subs
t nit 10 the Directory any proposition he
Y might be pleased TO make; he then told
me he would call again the next morning
t at s o'clock, and if the two gentlemen to
4 whom he had alluded were willing 10 be
D made known to me, he would bring them
] with him TO my room.
e The next morning soon after breakfast,
| received a note from Gen. Green, request
! ing me 10 meet him and the two gentlemen,
c at 9 O'Clock, in the Congressional Library
G room. Accordingly attended at that hour.
n al the place designated, aud found Gen.
, Green, +. II. fillmore and fno,her genle-
+ man, whose name do not now recollect,
: standing around table with map of the
United States spread out before them and
e which they were examining. MIR. Ell
more ] Immediately recognized. having
h been introduced TO him but a short time
f before in Charleston, upon which occasion
he appeared 10 feel and take deep inter-
n est in the success OF our road; to the other
q gentleman was introduced by Gen. Green.
After a general conversation for short
time, at the suggestion of Mr.. Gilmore. we
four retired 10 mole private room, where
substantially the same enquiries were put
TO me, that Gen Green had previously put,
} and made the same detailed statement,
both the other gentlemen concurred with
Gen. Green in his views as before stated,
and al the conclusion of the interview, Mr..
Elmore rose and enthusiastically en-
claimed, addressing himself TO me. 90
home, get your subscription Of $4,000
in produce and thinkers such as the con,
tractors will necessarily need, and | will
guaranty subscription Of 100000 in
Charleston alone, and there will be no
difficulty IN geltIng the other $4,000 IN
Georgia.; get your Board TO enter into such
contract as we propose, and the road can
and shall be made.
1t is true that ! returned 10 Tennessee
by South Carolina and Georgia, but il is
not true that | returned through those
States for the purpose Of getting their part
o! the new subscription-l came directly