The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-05-04
Especially reported for the Daily Exchange.

we give tue dUOfe matter simply because IL Is,
not less than all that has gone before it, part of
this now famous case.
y Especially reported for the Daily Exchanged
MEETING OF PHILADELPHIA SPECTATORS.
At select and lin point of numbers) respect
able meeting Of the Company recently organized
in the city of Philadelphia, for the purchase and
sale of persons and property, the President having
taken the chair, announced the object of the Com
pany being called together.
lie said: at was for the purpose of returning
thanks to the Honorables the Mayor and City Coun-
ell of Baltimore for the very prompt in
which they responded to the application of the
Company, made through the committee appointed
by the chair. Gentlemen were aware that that
committee was appointed for specific purpose,
and in now closing my relations with them, deem
it but justice to say that in all my intercourse with
the gentlemen, | found them well adapted to the
business for which they were employed. They were
men of character and influence i'll the community
equal, may say, to those of the parties with whom
they had to deal. To that committee we are in
debted for exclusive railroad charter, and while
| | would not deprive the Honordbles the Mayor
and City Council of proper credit for their respec
tive shares in the transaction, vet candor compes
me to say, that, inasmuch as committee will be
remembered long after the Honorables have been
forgotten they are entitled to larger share of our
sympathy. Gentlemen NAV saw that bargain is a
bargain ,-granted-but if we have ingratitude for
past favors, it is not in violation of moral code
that we should be grateful for those in expectancy.
And in connection with this matter will now state
to the company that the sense of tho meeting will
be taken as to the policy, (of the practcabity
there can now be no doubt,) of appointing another
committee, composed OF citizens of Baltimore, with
power to purchase the water works of said city,
with like exclusive right to furnish the citizens
with WATER
81 will not now occupy the time of the meeting by
entering into details as presume every gentleman
present is satisfied, from the facility which the Hon
CRADLES granted the application of our committee
in the City Railway business, that similar appli-
ances will produce similar results; l would now be
| pleased to hear any gentleman upon either of the
subjects which has brought us together, but would
suggest that they be taken up in their regular
| ORDER
/ The President having resumed his seat, a dstin-
| guished broker from Third street, now took the
| floor He rose merely for the purpose of express
ing his concurrence with the noble and business like
sentiments which had fallen from the worthy Presi-
dent and to offer resolution expressive, he be-
lieved of the feelings of this meeting, and which,
with the permission of the meeting he would read:
Resolved That the company for the purchase and sale
OF riS ms and property return their sincere thanks
Honordbes the Mayor and City Council of Baltimore
and also to orr c0aneeto the Honordbes for the prefer
ence they gave while at the time evncing pa
permit to ruin themselves by carrying passengers for three
cents and also to our committee for the admirable man
ner in which they carried their instructions leading
the people to believe that they bona fde corporations
| Seconded by Mr.. NJ who expressed himself much
! pleased with the resolution.
Mr.. Crusty having obtained the floor, said: "Mr.
President, cannot perceive the sense of passing
the resolution just read. 1t seems to me to be who'll
| ly unnecessary. / look upon it from business
point of view, and | can only see business trans
action. Now, how stands the case? We desired a
charter, and being satisfied that certain means were
essential In order to procureit we used those means
and we procured it.; and as | am indisposed to pay
more than the contract calls for, shall vote against
| the resolution
| An elderly gentleman who &c wall Lno,-n nc ,
| hnanciering politician, slowly rose. He commenced
| by saying, 81 agree to certain extent with my
| friend who has just taken his seat, but do not
think that he can have viewed the subject in all its
various bearings, upon interests. The gentle
man has said that he views the subject from bust
point of view, and do also for although public
man, hold that all legislation should be governed
! by business interests, in proof of which may with
| pride point to many of nv legislative acts; acts
! sir, in which many gentlemen now present were
deeply interested But to return to the main uues-
tion-has the gentleman reflected upon the influence
winch the passage OF the resolution will have upon
our application for charter to supply the city of
Baltimore with water, or, in other words, to pur-
chase the water works? He cannot have done so,
| for with his well-known business tact his mind
would at once have grasped the subject and viewed
it in its most favorable light. But do not despair
1t is not too late for the gentleman to consider
| his decision
Mr. having concluded, Mr.. Crusty now rose,
and turning towards the gentleman who had pre-
coded him, replied "The gentleman is mistaken
IT he thinks that have not reviewed the subject
in its various bearings upon our interests: and he
also asks me if have reflected upon the influ-
ence which the passage of the resolution will have
upon our application for charter to supply the
city OF Baltimore with water? | that
| nave reflected; and furthermore, that know the
nature OF the material of which the present NUM-
clpal Government of that city is composed too well
TO suppose for an instant that they can be induced
TO violate the trust reposed in them by their imme
daate constituents, by the passage of complimentary
resolution upon our part No, sir, they are like
! ourselves, business men, and will never be content
with the shadow while the substance is within
reach. They require, not compliments, but arqu-
ents, and my word for it, if the same arguments are
used as have been used with such CONVINCING effect
upon the railroad question, the water works are
ours"
l. Mr.. - (the Financiering Politician was nleased
TO learn that there was but slight difference be-
tween himself and his friend as he 1.-THE speakerl
admitted all that he had said relative to the
| tt@ means necessary to be empoyed but surely the
| gentleman will not persist in his opposition to the
resolution, as there be no sacrifice of princple
involved in its support. When the gentleman spoke
| OF principle, the members exchanged meaning
glances and an audible litter reached the ears Of
| the President who promptly called to order, and
| hoped that gentlemen would not forget where they
were.
MIR. Crusty could not crafty the gentleman he
would vote against the resolution.
| Mr.. 81 senior partner of the firm of Swindleem
q Co., hoped that the resolution did not include
those members of the Council who voted against
the railroad grant [Cries of no, no, no,
from all parts of the ROOM He was glad
| TO hear that such was not the intention
OF the gentleman who opposed the resolu
ton, for he could assure the meeting that as a
member OF the committee, appointed to confer with
our Baltimore Committee and Councils. while the
Railroad bill was before that Honorable body that
! he found certain members of that body impractica
BILE, showing decided Partially towards their own
citizens, and also above the reach of our aroumeto
| With such men he could have no sympathy and he
believes that he also spoke the sentiments of the
| hIc
they were met by mods OF assent from all quarters
Several other members followed in supuort of tho
resolution, when upon the question being taken the
| vote stood ayes "a nays l.
| The President upon announcing the result of the
vote congratulated the meeting upon the nnan;n,
nifty with which it had supported the resolution.
and hoped that the water question, which was next
IN order-at this moment letter was handed TO the
PRESIDENT, which asking the indulgence of the
| meetlng) he proceeded to read. Having concluded
the reading of the letter he resumed his remarks
and informed the meeting that he had just received
| letter from an employee of the company which
| would render n postponement necessary. The let
ter would explain ITSELF 1t was handed to the Sec
rotary who read as follows:
| BALTIMORE, April 10Th, 1859
DEAR SIR ] our last favor received with encIo
sure for which receive my thanks would advise that
there be no movement made in the water business ne ,
There is great opposition manifested the Raroad
transfer, and small share of indignation towards az
therein but thanks to your muni6cance h.;n
easy in our boots poke fun at them, througb the
papers but to the point fear premature artion on
the water question would endsnser the OF most
brilliant project, yet you need have ne fears
to the final result To shew you the feeling here among
the gentlemen with whom we have to deal win relate
an incident which occurred to day was sounding ac-
cording to your instructions prominent member Of the
b. G. Co. who, in reply to remark Of NINE said that he
was well satisfied OF their power dispose of the wa