The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1857-05-05
The Resignation Of Hon. o. III.
---.----- Smith.
We venture 10 publish the followin,

Inc heSlS u6t1On Oh Hon. Os He
Smith.
We venture to publish the following letter
from Hon. o. H. SMITH, though it was not
intended, perhaps, for the public eye. Though
tho difficulties, which the managers of the
road have encountered, have been very yexa-
tious, they have not been such as an earnest,
resoiuts man like Mr.. SIXTH should yield to.
We know of no ono who can fulfil his duties
that will assume the cares and labors Of his
place. If Mr.. CARPxNTKR succeeds in his
negotiations for the iron, public opinion win
demand that he shall have the city bonds to
meet the payment Of the duties. If the sue
cess of the road be assured by obtaining the |
iron, the Council will Motive bclieve-with- |
hold the bonds for another week. If the iron
cannot be procured at present. the bonds will
not beimmediately needed. Before the cleo
ton, intelligence may be received from Mr..
CARPENTER, that will remove all doubt of
his success. If successful, Mr.. SMITH ought
not to relinquish the honor and pleasure of
sharing in his success and completing the
road. If unsuccessful in this effort, the con-
dition affixed by Mr.. SMITH to his acceptance
Of denomination will lose its Importance.
We think therefore he ought to reconsider
his determination to retire from the active
management of the affairs of the road.
INDIANAPOLIS, Ind, May LIST, 1857.
+. Y. CARLILE, Esq.:-
Dear SRI have noticed your comments
upon the publication of my letter to the
Council of the city of Evansville, declining a
reelection to the Office of President of the
Evansville, Indianapolis and Cleveland
Straight Line Railroad Company; that letter
was not written for publication, but for the
purpose of informing the Council, as large
stockholders, that l did not wish to be a can
didate for reelection, and to enable them, in
time to select successor, upon whom all the
stockholders could unite. My object was to
give greater strength to the work, and not
to embarrass it. / am heavy stakeholder
for my means, having over twenty thousand
dollars of stock all paid out, and l, otherwise
feel a deep interest in the success of the en-
terprise; perhaps it is too near my heart. II
may be possible that have misjudged the
wishes of your city, you suggest, but
think not. could willingly spend the re-
manning energies of my life, as well as give
to the work my individual credit and mean'
to insure its success, could receive the united
aid and support of the stockholders at home
who should stand by the work; but ought
not to be expected by any friend of the road
to continue to struggle with the externa
elements, growing out Of the adverse times
and ut the same time contend with the heavy
controlling stockholders at home. / an
fully aware of the truth of what you say, tina
this is now viewed as most important road
and that there is a new and strong combina
ton of interests, that may be brought to bea
upon it, and perhaps it may be also true tina
could do as much as any other single per
son, to produce that desirable result; but still
il will require the united action and efforts o
all the stockholders sustaining the Presiden
and Board of Directors. / feel satisfied tina
such concentrations could not be made upoI
me, so long as your City Council refuse Il
sustain the company by withholding pay
ment of their subscription, and so long a
your prominent citizens continue to publis
and circulate false and libelous hand-bill
and pamphlets against me and Mr.. Carpen
{ ter, the principal contractor.
may be excused for saying that kno'
that no two men ever entered upon publ
work with higher hopes than Mr.. Carpente
and myself, nor did any ever use greater q
forts, at home and abroad, up to the presen
time, to insure the most favorable results
We have ever looked upon it as public wor
of the greatest Importance, and especially |
to the city of Evansville and 1ndianapoli
the residence of Mr.. Carpenter and mysel
We have at all times boen willing to sacrifi
/ our time, and means at home and abroad,
the success of the enterprise, and / cann
omit the occasion to say of Mr.. Carpente
who is now in Europe for the purpose of nj
gotiating securities, and procuring the ire
for the road, that his efforts to build tn
road for the benefit of the city Of his res
dence, have been almost super human. He
now, have no doubt using all his power {
the benefit of the work, and had remains
the President of the company, I should ha'
felt bound to sustain him. You say at {
close of your comments. "we hope he W
be induced to withdraw his declination, al
still continue at the head of the affairs of
road;" this could only take place upon the co
tingency, that the council Of Evansville
quests that should do so, and will agree
deliver their bonds in payment of their su
scription; this of course, neither ask nor e
poet, but trust, and hope that my success
may be more efficient, and better qualified
sustain the best interest of the stockholde
than have been; and whoever be may be
speak in advance for the concentrated aid
ali the stockholders, to cheer him on with
arduOus duties of his position. The road c
and will be built, and have no doubt
that it will fully meet the highest expect
tons of its projectors and friends.
Very truly, o. II. SMITH
AMERICAN NATIONAL CoUNcIL.-The me
ing of the American National Convent