New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-07-14

., nresses hero have dared to specify any state
ment in il as either incorrect or untrue ,. :, Golf
The truth is, the letter was wiung to" K;Ibauro in
defense. was grossly attacked by Mr.; hloouli ;ah
srtcle of three columns in length, WHICH
he put forth in his official capacty. ..ons;,a and
said no more in reply than wa e., ,bs
necessary 10 vindcate myself here az houie nun va
aspersions which he sought 70 cas- up here but is
Generally understood az being the truth Oh history
Known by most of our Intelligent ci'issns or tta,b
men could have said much more WIN sq ,t rho
lint did not want to stagger the beilet VI 'iioo
are Interested in the road and are posted IN
70 its management or history, nor did seek 70 nye
ira credit abroad. If Mr. ki60urn deems w. ;,h
as he saws. libeous article VIII supuls'e Mt
him IL Be chooses to give him the earliest Possio;o
onnortunity TO test its Gbelous character aad ne
sfIaid 10 come before Milwaukee County Cour, anu
Jury will instruct my counsel to give INN MS cnoce
from three other circuits in the State wnere IL cau oe
tried. ;a.n, of this
c;tv 7 have a deep interest in the construction ana
proper anagement OF the La crosse haufoau, on.
am clad 10 see that Dir. kubourn invites conilI'co
of stockholders from New ork, Albany roueuAooP
se Providence Hartford, Boston, &c, TO come our,
investigate and report upon the condition OF tni roau
II ia the most sensible proposition that mas enanaeu
from him within the past twelve months, anu II 70
be hoped for the success OF the roau that Tue &
dent stockholders will accept it at once, ana send OUT
some such practical Railroad men as Mr. Brooks, iaIe
Of the Michigan Central VIM. G. Young, OF the new,
York Ceutra Mr.. McAllen, late OF the New DIX anu
Erie Railroad, Mr. Bliss, OF Springfield Mass., ~,
and have all the operations of the Company thorougy
sfted and scrutinzed. They want no white -@asning
Committee that a douceur in bonds stock or can
will blind keep STILL or nduceto pass over wnat snouiu
be known TO those Interested III tns PioPosnou N
fairly met and fairly carried out, my candid OPINION,
and The opinion of most intelligent citizens VINO are
best yesed in railroad matters, Is that the SOCK
will be found has not yet reached Its bottom 10 tne
market company fnat mas 70 gns i'm securities for
their votes and offers prominent business gentlemen
who are in its direction from Ooo to apiece
IN resign their seats, that speculates III pruning
presses and dabbles in politics. II seems 70 me Illus
have been so managed as to require thorough inVes-
tigation to satisfy stockholders and Obtain puoc con-
idence. =, ,:L
Rut there is another reason, to my mind, whicn
reaches beyond the La Crosse Company as at present
organized why proper committee should De ap-
pointed and satisfactory investigation made at as
early dsy as practicable. At the recent session OF
the Minnesota Legislature, its land grants for railroad
purposes were disposed OF to the amount oi tron
four to six millions of acres.
To secure proper connection WITH and control over
these land grant Roads, the La Crosse Company and
gentlemen connected with it in this State have had to
pay, as am informed, members OF the Legislature
and the corporstors of these paper lines OF roads,
$l2O 900 in cash, and do not know how much IN the
bonds and stock Of the proposed railways Since the
adjournment of the Minnesota Legislature there has
been an election held Of members OF the Constitutional
Convention, and the complexion of the Convention
seems to indicate that its political character will be
quite diIerept from that Of the late Legislature. IL
this apparent change in the political character OF
Minnesota is to be Of sufficient permanence to control
its next Legislature, and the reputation Of the La
Crosse Company is not fully established and satisfac
tory is it improbable that a new lot OF spectators
may not successfully disturb the late arrangements
made of the land grants have reasons for sub
hitting this suggestion which renders il worthy of the
attention of the stockholders and creditors Of the La
Crosse Road.
Respectfully yours j. A. NOoNAN.