The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1850-04-12
TO THE PEOPLE OF EAST TEN
NESSEE:

NE.Ccrhs
A Committee of the Board OF Directors
Of the East Tennessee and Georgia Rail
Road Company in report made TO the
Board on the 4rh INST, says:
"ll is well known to the Directory and
the community at large that at the time
the contract was given TO Gen. Green, the
COMPANY had no available means with
which to commence operations upon the
Road. and that the credit OF the Company
was entirely desroyed,'
The same Committee recommend:
"rhat the Directory should carry into "f"
feet he IN uncIion Of the Stockholders by
taking the necessary steps TO avail them
selves Of the benefits Of the loan from the
state Of $50, Goo"
but coupled that recommendation with
proposition tina, should agree to modi-
ficalion Of my contract, which would
place in the hands of the Board all the
available means Of the Company TO be ap>
piled by them to the purchase of the IRON
and equipments, and leave me nothing but
Railroad shares applicable 10 the grading,
materials. superstruciure, turn. outs, water
stations, depo,s, engine houses, Sc, &C.,
from Dalton TO the Tennes see river. They
further required that | should relinqush
all tina, part of my conu act relating to the
iron and equipments, and surrender the
profit that won Id have made from it,
Had the price of iron increased instead OF
fallen, since my contract was made, they
would have required me to furnish 1.-THE
price having fallen, was unwilling to sur
render my just profits. This demand with
other circumstances, TO which need NO, now
refer, induced me TO apprehend that diff
cuiies might arise in the execution of my
contract, and | therefore, as well to ad>
vance your interests as TO project mine,
proposed a surrender Of the contract and
reference Of the question of compensation
and damages.
Thr Board agree that when the contract
was made, they had no available means
and no credit. have done more than one
hundred and forty thousand dollars worth
Of work-lhe grading on forty miles OF
Road is nearly completed, and the greater
part of the timbers on the Road. The
Company has always been IN my debt
they have not advanced me one cent, and
their own Engineer stated to the Board that
the estimates now due and unpaid amount
tn III tt,,ico H. dino IN
tractors and engineers. have given life
to your dead Company-I have furnished
and created the means to make your Road
Il have restored your ruined credit
have sacrificed my energies, comfort and
health in your service, and hoping that
under the influence of further invesliga-
tlon and mutual friends, an amicable ar
rangcnrnt can yet be made, | appeal 10
you. the people of East Tennessee, for
whom have done so much, as persons
loving Justice, 10 protect your interests and
my feelings and character from the unkind
a,per>iuns Of calumnous press.
The Knoxville Register of the 10Th inst.
contains an editorial article, misreprese sent
ing the transactions between the Board
and myself, and charging that the sub.
contractors and laborers will be defrauded
o! their pay unless it is retained by the
Board and paid to them instead of paying
it to me. 1t was ! who required. as con
di,ion OF the arrangement entered into, that
the Company should pay the contractors
and engineers. The Company owe me,
and required that the Company should
pay the contractors, laborers, and engineers;
and yet, the Register, bound to know this,
maiciously assals my character by charg-
ing ,ha, if the Company do not pay them
they vii be deirauded by me.
! desire TO aid in the early completion OF
the Road, and am unwilling 10 do any thing
10 impair the credit or resources which
have SO much contributed TO build up,
therefore intentionally avoid saying any
thing tina, may tend to proven, an amlcable
adjustment, believing it our mutual inter-
esrs so to adjust our difficulties. | am still
willing TO give 10 the Company all the aid
can, consistently with what is due 10 my
own rights. interests and character. These,
it is my duty to assert, and, as far as can,
10 maintain, and for doing This, surely no
liberal minded. honest person can complain
of me. desire especially 10 avoid I'M
profitable newspaper controversy, because,
whatever others ri:y think, know that II
will greatly injure the Company. howe.
er, will vindicate my own character, whats
ever the consequences may be.
/ Respectfully.
DUFF GREEN.
THE NASHVILLE CONFERENCE.-THE
Savannah Republican contains letter from
Francis S. Barrow, ESD, declining a nom-