The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1851-05-16
THE RAILROAD.


which has hitherto characterized the present
Board Of Directors Of our RI llroad IN al!
their Efforts at an economical admnIstra>
ton of the flair. of The Company. Noen
lerprlse of a similar magnitude has ne'
with greater d.tiicullies-and perhaps no
enterprise was for a long time more eX'rnV'
aean,Iy managed. Every consideration OF
propriely. therefore, urges the Directo L"
prudence, economy aud Iore'hought. WIN
portion Of he members OF the Board
have no doubt that il has been this feeling
Of caution, this fear Of rytravngant eXPen'
d,tures, that has originated Whatever OF op
position there EXITS to Ike immedlale trees
ton of the Machine and Repnir Shops OF
the lopd Amongst others, different lnliu-
eoces, sectional and personal, ore operating
and will result. if carried out. in derment
10 the work, Upnn this latter point, nave
bu, n slnrIc remark To make and that -. so
soon rs such feeling, originating m sec
,lonll pr'iudIcrs. personal interests ana
seIf,h considers rinns, shall came into snc'
cessful conflict with the true interests ct the
StuckhuIders and Of the Company, just so
soon will there b. an end 10 Ia rmnny. good
feeling and hearty co-ope'a'i"n ct all
par,ies-nnd the " hole thing must result IN
bad management, the Stock viii dcprrclate
and the interests of the Company seriously
sufi;r. Every StockhoIdrr, every tru"
friend to he road, and Of the country, Will
deeply deprccnle result 50 emincn'ly
fraugh' with evil. Should such n feeling
gain the northumberland fear there is
great danger of ,-nU man can foresec the
unhappy effects Of 1t. The Bo'rd. already
too large. and of course divided into parties
will become still! further divided and exns>
pern,cd. until no concert OF action will be
ma Tested, and the whDe time will be con.
sumcd in unavniling cr'mina'lon and re'
ordinations, sectional quarrels and per-
Sonal jralousies. | hope md believe tha'
hut little Of tho opposition to what the
Bonrd have done in establishing and con.
tracing for the building of the shops. arise
from this feeling. Most Of il I an per-
susded is elected from m earnest desire on
The pnrt Of the Directors to pursue, as said
before, an economcu administration of the
affairs of The road And it is precisely this
feeling of economy that influences me t"
urge The Immediate construction Of the
work, desire IL because i believe it is I"
The advantage Of the Stockholders IN the
INC rca sed value of their stock. and The divl-
dsnd. that may be declared hereafter. de-
sire 1t in a word, because nm clearly con.
WINGED that the policy ] advocate must in.
cvi'ably result, in very large saving of rc'
,ual money 10 The Company. ! have con-
vcrsed with gentlemen whose means ut III
forma ion on This subie nre far superior 10
NV own-who nave long and closely oh
served the practical working of Companies
with and without manufacturing establish.
men,s Of this chnrn under their imme.
diaie control. aud who have direct per-
sonal interest in our road, and the opinion
is unhesitaringly expressed that the subject
has been postponed already too long, and
that the sooner tho Company prepare them
selves for The msLufaclure If their own cnrs.
the better. That it il q profitable business
no man cun doubt. Look at the immense
fortunes that have been made by it. North
and South, by individual association. which
are Of daily observation, ard may be seen
on the line Of almost oil railroads. inciud'
ing those roads even whore the ronds them
selves build their own cars. So great. for
instance, is the demand for cnrs or the rail
roads in Genrgin that new shops are spring
inv up at Macon and Augusta, and large
means being invested in the BUSINESS
When sold to Railroads. therefore, large
profits must be made by these individual
Compan's -. The payment of this profit ia
others | wish to avid; let them manufnc'
,urr their own cars, and do their own re-
pairing. and tn" Profit which would g" ia
others will be their own. The State Rail-
ron d of Georgia has no machine shops. md
mus, pay to Augusta and other places very
large amount of their earnings for cars nnd
repairing. The Georgia Railroad manufnc'
,ure their own cars AMI d" their own repair
ing. The dividends of the State road are
cumpo rntivcly nothing, while those OF the
Georein road are nnnunlly, at least, ten pei
cent. Which os these companies shall WI
lnta,si tell you. Mr.. Editor. any COM
pnny that submits itself to the snme sort %
lleecing rs that inflicted annually upon The
Western snd Atlantic Railroad of Georgia
will forever remain poor. And the soorel
these establishments n.e erected the better
When we pay seven hundred dollars fol
charges of transportation from Ma>sschu
se,ts to Augusta on a single passenger car
awe have already be- n compelled to do
i, Is TO be hoped that the stockholders vii
Iook ~ their interests, and have the remed!
onnlied. And if We have The means To pur
.L..od IN nat laYUp MI