The daily union. [volume] (Washington [D.C.]) 1845-1857, 1854-06-15

Well now Mr. Chairman this committee are to get rail
road companies relieved from the duty on railroad iron
upon the condition that those companies 10 pay them
duty considerably less than they are bound 10 pay to
the government II the operation shall be successful the
five per cent which these individuals to receive will II
am correctly informed give these FIVE gentlemen some
thing between FIVE hundred thousand and a million and a
half OF dollars dependent upon the fact whether duties
shall be remed or suspended from the let Of July 1852
or from later day
Mr. STEPHENS Who signed that besides yipton and
Ashmun
Mr. LETCHER. Here are their names S. F. vinton,
Noah L. Wilson, John Suyker George Ashmnn and H. v,
Poor
MEMBER Did Mr.. Boody sign it
Mr. LETCHER. Azariah Boody did moi sign it, He APP
pointed these men That was his business as the chair
man OF the meeting.
Well sir this circular goes on
elf sufficient number of companies should not be found
20 come into the measure TO make it expeden in the op
effect then the hundred dollars advanced be by
them to such companies as shall have paid the
the railroad companies in this interest With the request that
it be offered for consideration your board other
yised Of the result and adopted that we be furnished with
certified copy OF the same"
They not willing to trust these souess corporations
without having it in black and white ii seems Laugh
teri The circular thus concludes:
W you also please furnish US with information on the
following points The length of your road the number of
miles in operations the number Of miles for which iron is to
be proyided the weight of rail TO be used the number Of
on mh'ch dfies oH be refunded, retroactive o,c is
obtained, 10 ake effect from July l. 1858, also Of January
S53 also from july L. 1852 list of the directors upern-
endent and engineers of company and the post Office
address of each the committee may wish correspond
with each Of them on the subject
As the session Of Congress already far adedced is
mgoraa ta' your company should take immediate action,
and advise of the result the to this communica
ton must necessarily be The basiscf our action.
Please enclose your communicaon to Henry V. Poor,
esq No. Spruce street New York.
Very respectfully, your obedient servants,
Moan L. WnsoN, H. V. PooR
JoHS SrRyKER, Committee"
Mr.. EDGERTON. | desire to ask the gentleman from
Virginia if the legislature Of Virginia did not instruct her
senators vote for the remission of the duty upon railroad
ironY
Mr.. LETCHER. Suppose they did does that action
bind me am here representing the 9th congressional
district and not the legislature Of Virginia. AS ques-
ton however deserves another would ask the gentle
| man If he is concerned in any railroads2
/ object Mr. Chairman, to this whole proceeding; this
mode of besegng Congress and endeavoring to bills
through this Houseby the organization of outside nu-
sort of third house which is charged with the
business of exending such amount of money is
sary in their estimation TO accomplish the objects they
have in view There has been talk enough about the
gess of the United States upon this and other subjects 1t
nosed about throughout the land that organized
mtees have come here and by personal solicitation, by
personal boring by the OF money and by the Of
other calculated to accomplish their purposes have
succeeded in carrying their schemes through the Col
Inns line went through during the last Congress II is
torious you ii in the columns of the newspapers
day after day. openly proclaimed that the larger the amount
involved in BILL the better chance it has of getting
| through successfully.
object the remission of duty upon railroad iron
several not the least important Of which is that
there is of necessity for it. If you will take the
trouble examine into the history of railroads and their
management and ascertain their profits Tar the roads
have been completed you will find that they have yielded
very handsome profits to the stockholders have taken
the trouble TO examine into the history of twelve railroads
in the country which have been completed and the
| following table shows the result