Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1853-12-28
EAST TENNESSEE AND GEORGIA RAILROAD.

EAST TENNESSEE AND GEOhGlA hAlLkOAD
We COPY below extracts from two wing papers
of East Tennessee. These papers bitterly opposed
the election Of GOV. JOHNSON on the ground Of his
hostility to internal improvements" Their remarks
now are the more curious, as Gov. CAMPBELL, whom
they supported as an internal improvement man.
refused to issue these very bonds Gov JoHsoN il
known to be opposed to wastetul expenditures Of
the public money; but no man can be more safely
relied upon to carry out the law.
The foIowingis from the Loudon Free Press:
East TENNESSEE AND GEobGIA RALRoAD-It
will afford the Trends Of the East Tennessee and
Georgia Railroad great pleasure to learn that Major
WALLACE has succeeded jim securing $4,000 due
the conlnanv from the State under the act Of b.
on account Of expenditures on the road between
This Mace g the Georgia line. In this, Governor
JoUSsoN has shown a lberalty Of sentiment worthy
the distinguished position he occupies. This Sl3O-
600 10 bonds VIII yield $4,000 to the company
a sum that viii greatly facilitate the completion OF
the Road between this place and Knoxville, and
will have good effect upon the stock Of the com
pany.
Inc work on the line between this place and
Knoxville IS progressing finely, and 1t is the nten-
ton of the energetic President to increase the force
OH h, grading TO one thousand hands with as little
delay as possible. \ contract has llst been con-
cluded with Mr. BROUGUToE, an experienced con
tractor. VINO will immediately place 60 hands upon
the portion hr has contracted for.
The following is from the Knoxville Register:
Coon NEwz FOR OUR RAuRoAD-We are graft
fed to learn that Major WALLACE, the able and en-
errctc President OF the East Tennessee and Georgia
Railroad COMPANY succeeded during his late visit to
Nashville. in securing $4,000 due the company
from the State under the act Of 1872. This
sum was due to the company on account OF expend-
iturrs south Of the Tennessee river, and immediate
" after h,s accession to power, the subject was
BROUGHT 10 the attention Of Gov. JOHNSON Major
WALLACE informs Us thai Gov. JOHNSON was disposed
10 meet him in q spirit Of iberaity, and after in-
yesirating aud sitting the question for several days
Mai WALLACE having urged the claim Of the
CON, any for a larger amount than he received
the (foycrnor. backed by the opinion of the Atcor
ney General OF the State, lWM. q. SWAN, ESQ., IS
sned bends TO the amount OF 100000, from the sale
of which the Company will realise about $4,000
Too much credit cannot he awarded to Maj. WAL
LACE for his Successful effort in securing to the Com
panv this handsome sum; which although clearly
their legal right had been contested TO the fullest
exte,. In ns efforts Maj. WALLACE received the
cordial AMI efficient cooperation OF VIM. u SWAN
ESQ. Col W b. A. RAMSEY and A. X. CRoZIER ESQ.
The real Za,ion OF tins $4,000 will enable the
Companv 10 meet liabilities they have been COM
pelled TO ibcur in the extension and equipment OF
the road TO oudon, the law providing that 1t should
be expended on that portion of the road; and we
are naased rorarn that has already had the effect
Of ,s,IslD holders of the stock of the company 10
5,.ar,.. I.ir asking prices folly fifty per cent