Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1856-06-30

" - AN~@--6
words. the city Of Baltimore and the b. and q.
Railroad are asked to build up a road rival to
lis own line to Wheeling. This must be the
fact until a western connection at Parkersburg
is completed. When will that be: Probably
the prophetic vision Of Mr.. Giant Swami can
force some such road into existence, as the
giants of old were said to be able to accomplish
everything. Let him be cautious that in his
blind strength he does not tear down the snip
porting columns of the noble ediice, which he
has heretofore aided to construct.
THE MAYORS VETO OF THE
NORTHWESTERN VIRGINIA
RAILROAD LOAN.
The great object of interest connected with
the Adjourned meeting Of the City Council was
the action of the Mayor in the resolution adopt
cd by both branches of the City Council EN-
towering the Baltimore and Ohio Railroad 20.
10 lean s55O,OOO of thc'funds Of the city TO the
Northwestern Virginia Railroad Company, to
complete their road 10 PaTkcrsbnrg. Yesterday
afternoon the Mayor sent to Abe First Branch
the following veto message, after which the res2-
luton was recnusidercd and laid on the table
Il win be impossible for the resolution TO pass
hy a constitutional vote, and of course the SUBJ
ject viii there be dropped, at least for the pres
MAYORS orrrcE, juno 25th, 1856.
To Tic Honorable First anil Second BraHches Of
the CITY Council 81 Bdtt5@ore.
GENTlKggS:-E return to your honorable
body the accompanying bill without my sigma
uire, not being able after mature reflection 20
discover any sufficient reason for the Yacil!ation
which has characterize your legislation on the
subject. Not sixty days ago the bill, which this
is designed to repeal, was for the most grave
considerations passed by both Branches OF the
City Council, aud by large majoritics; l cordi-
ally approved your action, believing it to be
utterly wrong that n large sum of money, loan
cd and appropriated by the corporation of bal
timore for one and n most important purpose,
should be diverted to another of far inferior
moment, and in such manner rs 10 place in i'm
minent peril the object originally intended to be
accomplished. Although n radical change Of
opinion seems to have passed over the mFnis Of
many members Of your honorable body, SO great
as 10 enable you to undo your work as decided
IL ms it wasrecently done, / am constrained 70
plead inability to comprehend the views which
haze occasioned the change, and must therefore
adhere firmly to my present position.
Nv objections to the bill which herewith re-
turn, wilnow be given as briefly as is consistent
with perspicuity; they are es follows:
Neither the laws of Maryland, nor the ordin-
ances of the City OF Baltimore, authorizing the
issue Of the Five Million Loan will justify u di-
version of any part Of it to the use of the North
western Virginia Railroad Company, which di-
version the bill under consideration is designed
to effect. Nor can the Baltimore and Ohio Rail
road Company fad in their charter, Orin any law
or ordinance cXtant, the slightest authorityto lend
five hundred thousand dollars 100000 or any
other sum of money, than they have already loan
cd to the said Northwestern Virginia Railroad
Company, so that should you give the permission
to ALLEVIATE II portion Of the aforementioned loan
rs they request, they are by law incompetent to
do ii.
Act of Assembly 1886, chap. 276, permits
them to subscribe to stock in lateral roads to the
extent of two-f1hs of the capital stock Of said
lateral road. hut gives no authority TO tom to
said lateral road. Act of Assembly 1852, chap.
3OT, authorizes said Company to lend their aid
or credit to the Northwestern Virginia Railroad
Company TO the amount OF one and half million
of dollars, Isl, 500,000,) but emphatically and
positively provides that beyond a limit of one
million fvs. hundred thousand dollars, in all;
and ordinance No. . approved December y, lSr
SO, authorizes Issue of 50, 900, 900 of Baltimore
city bonds specially to aid the Baltimore and
Ohio Railroad Conpany-stating also in its title
the specific objects to which the amount shall be
devoted; thus, plainly, from all this may it he
seen that the purpose to be accomplished by this
bill is Il palpable infraction oflaws, auda violation
of contract between the State, the City, AND the
Baltimore and Ohio Railroad.
That such contract exists, and has heen en-
derstOod to exist, and has been regarded as of
binding obligation, even by the Baltimore and
Ohio Railroad Company themselves, | have only
to refer YOU TO the 2Sth- annual report Of the
President and Directors of said Company made
to the stockholders at their meeting in October,
1854, see page (which, speaking of the loan
says-"Here again much delay and difficulty
was encountered from the desire of many MEM
bers of the Senate and House to secure the APP
p~lication of the funds to the several specific OBJ
iects Of the grant, agreeably to the preamble
This r.ac racisfa1 only bprouSa nj the difficulty
to negotiate conditional credits, and a bill was
passed coniirningit, and AUTHORIZING the city to
Issue her bonds see page ten OF the same re-
port. "The distribution of the 81 100000 which
will be the net loan to the Company after invest
ment o. S500,0u0 as aSinking fund TO the sever
~ objects contemplated by the ordinance, will
be tIco s~ai@ioaSJ or the payAaentef TIE dtbt, t'e0
a%1iliJHS for TIC second track, and fire AnHdrsd
fhops1aa dollars J5r agchlig tunnels. Trusted
rs this corporation has been by the city and
State, with the distribution of this loan among
the several objects; the second track must be
progressed with as fast as themOney can be had,
and HOL Gs least temporary alienation p6rmitted;
moreover there is scarcely any outlay upon the
road which would result in equal benefit, the
expense Of working aud the cost of repairs will
be largely reduced, the productive power of the
present rolling stock increased, aud the most ac-
tive cause of accidents and damage to the pas
sengcrs brought under control This loan was
Affected at a moment of peril in y0rr dfairS,
upon terms which compared with your previous
negotiations, from an important incident in your
'ts~eoRomg" and its conditions must be carried
ont with present good NTH with the means
furnished by it. and it is in fact for the purpose
of impresSing this high duty Of the Directors
upon you this recital is made; that you may
sustain them therein"
Is not Thu. a compact, ratifed by the Board
Of Directors, and re-eonfTmed by the stockhold-
srsP Tn. this isI of Ill Let me rn . to your