The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-02-21
THE NORTHERN CENTRAL RAILWAY

Regarding, as we do, the proper management of
the Northern Central Railroad, as a matter of the
greatest Importance to the commercial prosperity
OF Baltimore, we are glad to republsh the follow
ing very sensible article from the Berks county
(Penna Democrat in reference to certain rumors
that have been recently circulated affecting the
newly elected Board of Directors. Placing entire
confidence in the integrity and remarkable financial
ability of the gentleman who has been called to
preside over tae affairs of the Company, we have
no Fear whatever of his suffering its interests to be
sacrificed to political purposes and least of all, of
his countenancng, in any manner, such pernicious
schemes as have been attributed to Mr. Senator
CAMERON, in his connection with the Road as stock
holder.-[ EDS. EXCHANGE
"Efforts have been made to create an impression
both in this State and throughout the country
generally, that the result of the recent election for
directors In the Northern Central Railway Compa-
ny, a Maryland corporation, held in the city of
Baltimore, on the Sd inst, was Cameron Vicforu
or, in other words, Black Republican triumph.
and it is further alledged that this important work
tnrougn the agency OF certain persons, prominent
in its directions, has heretofore been made subser-
Went to the cause of Democracy in this State and
that the late change in its management was brought
about by the omnipotent will and financial power
OF Simon Cameron, and that his exploit in this re-
spect is to be regarded, not only as an additional
evidence OF his growing popularity and in1u.
enee, but marked rebuke to the National
Administration, and that hereafter this road
Will De an engine in his hands, to be
claims of his too confding friend, Mr. Seward to the
Presidency in 1860; and it is asserted and believed
by many, that these impressions thus sought to be
made, have the sanction of the Senator. Reckless
ana unscrupulous as this gentleman may be in the
means he uses to control party organization and to
subsdze political Conventions or State Legislatures.
he is too sagaeious to endorse s"-ic- sTt his,
when he well knows the very exposure of it would
not only deprive him of social position, relation
very much needed at this time to sustain his mod
est aspirations, but would hur his brOther-in-law
A. b. Warford, from the office of Engineer and Su-
perintendent, place to which he has lately been
called by the new Board of Directors and that nei-
ther his eminent abilities as an Engineer nor his
Pro-sarery Democracy would save him. In order
to expose this weak divise of the enemy and to
rescue the corporation from this base attempt to
destroy the yalue of its stocks and securities at
home and abroad, by the effort to make an impress
sion on the public mind that it is a poll
tical machine, to be used by trcksters for
party purposes-we state, and challenge the
proof to the contrary, that its manapement
is not now, nor has it ever been, nor will it be
under the control of any such pernicious in
fluences. The very nature of its organization pre-
cludes the possibility of any such state of things
1t Is private corporation, the property of ndvid-
ual stockholders, who direct its management ex-
clusivey for profits and to add value to its acoui-
stions, just US individuals control and manage their
private business; and the directors are elected by
them without reference to their political opinions
Let us see how we are sustained in this position
by an analysis of the past and present Board of Di
rectors. This company has been in existence four
years. For the first two, including the exciting
political campaign of 1856, the Board was composed
OF OF democrats, South Americans and 2 Black
Republicans, and presided over by the Hon. John
r Kennedy, Mr.. Eillmores ''rigbt bower" From
1886 to 1858, the political complexion of the Board
under the presidency of u. Barnum ESD, an Old
| Inn Jr tod nf L,
| South Americans, and two Black Republicans
And now for the Cameron dynasty whose advent
| to power has been heraded as an achievement Of
immense value to the Black Republican cause in
this State, the new Board elected on the 3rd inst
Is composed of fire Democrats, six South Americans
and three Black Republicans, with COL John S.
Fittings, Of Maryland, as President of the
Company, who happens to be the personal
and political friend of President Buchanan, a
Pro-slavery Democrat of the Taney school, allied
to this peculiar institution by interests az home and
family connections in Virginia, having married the
daughter OF the late venerable Thomas Ritchie ot
that State-the largest real-estate owner in the
city of Baltimore, banker of extensive business
agentleman OF great intelligence, eminent and ac-
i've IN business pursuits, possessing integrity
above suspicion, enterprising and public spirited
as many costly and beautiful edces in Baltimore
will attest, too honest to be seduced by fattery
and too sagacious to permit the interest of those
conded to his guardianship to be used for illigit
mate and improper purposes, surrounded BY a
Board of Directors of his own selection, ten OF
whom are his confidential friends residents of Bat
timore. This is the gentleman who has beer
brought into power by the recent election, and who
Is to take charge of the property of the corpora
ton, and direct its management. If this be po
| litica triumph for Gen. Cameron and his friends
| let them make the most Oft. There is no danger
however, that either Manear Lebo or WagomseHe,
VIII be provided for by any appointment to place!
on that road by Col. Gittngs' ''-Berks Count.
Democrat, Feb. 16.