The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-01-14
THE CORN AND FLOUR EXCHANGE AND THE
BALTIMORE AND OHIO RAILROAD MAN
AGENENT

L.
After the disposition of the regular business at the
month meeting of the Board Baltimore and Ohio
Railroad Company, held the 18th inst Gen Thomp-
called the attention of the Directors to the extraord
nary attack upon the policy and management Of the
Company contained in the Report adopted the
annual meeting of the "Corn and Flour Exchange" and
published under the sanction of that body As he be-
eved this action to be unustfabe and by
the facts of the case he called upon the President for
reply to the allegations of the publication.
The President stated woul respond with pleas
ure. Whilst anonymous SANDERS unworthy of no.
ce or refutaon 1t was alike due the Board and the
community, when so respectable organization the
Corn and Flour Exchange" had gravey presented to
the public statements unjust and erroneous that the
truth should be vindicated. Knowing and esteeming
many members of that body worthy and honorable
gentlemen he could believe only that the report was
prepared without proper knowledge of the facts and
hastily adopted without investigation of its
and unfair statements. As the responsibility of conduct
ing the affairs of this Company for MANY wears rested
chiefly with their brother merchants, who have devoted
their best energies and abilities DEVELOPMENT of
the trade of Baltimore and esneciaIJv the ,rat Rel
stun interest with which they connected confessed
he upprepared for assertions Indicating prejudice
and ennnity to the Road, under their management.
Had the author of heReport the statistics of
the Flour trade, in connexon with the Baltimore and
OHIO Railroad under the management objected to- the
facts commanding and convincing that the error
OF the 1terance of statements, unfouaded, would not
have been committed.
In order present the remarkable tone and svIe of m
Report. Mr. Garrett read the following extract, viz
Had the road been controlled by enemies and rivals
disadvantage
its policy could scarcely have been injurious than
that Of the few past years refusing to form the con-
nection with the Hooking Valley Road Company on the
terms proposed whereby the distance between Baltimore
and Cincinnati would have been shortened actually ffty
miles, and equivalent to hundred miles in time
and expense OF transportation in view of the avora
BILE country easier grades and open curves great
damage has been done to Baltimore; and Philadelphia
New York her rivals for the Western trade have been
benefited in an equal degreen
He then called attention to the subjOned statistics of
the Western Flour traffic of the Road for the past
years"
Statement of the number of bbs of Flour TRANSPORTED
Eastwardly the entire line the Baltimore and
Ohio Road, during the past four fiscal years, viz:
During the year, terminating 3oth Sept, 1855 g76
:" 1856. -. 449697
1857. ...42G. 500
Thus under the policy and management" so severely
agned the through business great stape has
been than quddruled in four years the actual in
of the business of the last year over 1855 being
54 1888 bbsmore than half the entire annual average of
inspections in Baltimore.
Tie opinions and language presented regarding
the Hooking Valley road the board will recognize as
identical with the report presented to this company by
Mr.. G. r. Nickers, in October, 1857
Mr.. Nickers, then director, the chairman Of
committee on Western connections and visionary
chmercal were his views regarded that not single
member accorded with him. the following being the re-
port adopted by that committee:
The committee to whom referred the communica
on of B. H. Latrobe Esq regarding connections west Of
! the Ohio river respectfully report
''That the policy of the Baltimore and Ohio Railroad
Company heretofore has been to furnish all connecting
lines equal facilities for the transaction and Interchange
OF business The committee whilst expressing the CON
victon that additional lines will always be welcomed on
the best terms afforded to existing lines recommend the
| adoption Of the following resolution viz
ReSolred That this board declines commit itself to
any exclusive arrangements either with any existing
roads, Or any that may hereafter be constructed.
JOSHUA VANsANT,