Wabash express. [volume] (Terre-Haute, Vigo Co[unty], Ind.) 1841-186?, 1859-02-09

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the canal for the use and benefit Of The People
II the Wabash valley The Trustees assumed
ihe follow ing facts to be trre:
/. That the canal had paid satisfactory
revenue from 1916 Up - 1854. while the work
was allowed 10 do the business which. a, the
time Of the arrangement. properly belonged
10 IL.
2 That The ate. by her legislation. and
in defiance of her promises. "impaired" the
canal revenues. by allowing strangers to build
railroad on and near the enhankments Of
tue carsl. and that instead Of protecting the
work. she allowed IL to he assaulted in is reve-
uues and income. thereby Debating the effects
Tor which i vas given in trust and security
for one half Of the entire deb, of the State.
;. That this act Of "unfrieodly legislation"
was done against the repeated protesta,ions Of
the Trustees Who. from line to time. notified
the STATE authorities that serious injury wsuid
grow out Of The legislation referred 20. end that
+ the revenues q tie canal would be great,
damaged thereby.
4. That the Trustees lost. by th. legisla
ton. aud by this want Of good faith. more
than $40 600 in two years. at tvo collection
Offices. Fort WAYNE and Lafayette and tha,
their income suffered in the same ratio along
the ep;ire line. from hort Wayne to Terre
Hsute.
S. Tie Bcndholders. in public meeting
declared TIA; the State had impaired" those
revenues Of the canal. in The manner and form
charged. and requested the Trustees TO suspend
The eorkn9s Of the lrhole any portion # NE ca
nal, whenever. In their opinion. the same. or
any portion Il the work. should fail TO ray
the cost Of repair and those resoiaisns irere laid
before he L,gislgiurs.
The Trustees stated. in their late report
IN perfectly respectful language, that the rev.
enue Of the canal. for two wears past. had
jai!sd 10 pay tie srpeHs,s Of rspair. and nothing
bat he iateyposfon Of the authority and rssr,r Of
fhe State could kep NE canal frem goirS iaiO dis
use.
These statements. surely. Do not lack 10 the
quality Of "csndor." and how the Trustees
could use palmer language. with sntire re
spec; 10 the General Assembly passes my poor
4
male By the Trustees. aud from The undenia
ble facts here stated. that the Trustees have
dsne OH that can be 10 attract for this work the
notice 81 the public sulborities and people Of
the State. II IL goes into disuse, il will be no
fault Of the Trustees. bu, will be properly
chargeable TO the bad faith Of those who should
have protected il in all lis original revenues
and. consequently in its usefulness and vigor
In regard TO what Wv are pleased to say
about the "extravsgsnce" in conducting canal
operations. feel yer. free to aoqnit you Of any
Intentional misrepresentation This misera
DE falsehOod orr ,iaefei with those who have
worse motive than you can have for incon-
sidera'ely stating what others have coined -
II will be found. however. that Ais charge has
no firmer ground TO stand upon than the allie
cation Of want Of candor, - which tie reading
Of our late Report will totally disprove. So
far from conducting the canal "exiravagantly !"
1t will be found that the actual outlay, for re
pairs and other expenditures. are less f1sn on
any ,sork Of similar magnitude ia the United
States /; and. for the truth Of this declara'ion
boldly challenge comparison. II j. very
easy TO make charges Of this character, an.
they should not be made on vague or ffivol
ous grounds. A. you did not coin them your.
self. | should no, act fairly 10y holding you in
any way guilty Of them.
can say for myself aud my co Trustees.
that we have eudeavored to - conduct the at /
fairs Of this Trust as to give satisfaction to
both parties 10 the arrangement and ali
would have gone on we'll il the State had not
shown less fidelity to cd engagements than
she has TO those new corners who used her
power 10 crush cat the ouly work which ever
paid dollar q her vast public deb,. aud to
which one third part Of the people Of Indiana
look as means Of ehcsp transportation.
For myself will say this Receiving and
dishursiug for years. not les than O. average
Of half a million II dollars per annum. on
salary not half Of that received By many rail
road President. on a road Of ore hundred
miles ia length. have never considered my
self as eating the bread Of leleness OF a. recii
have received and It j. very lleasant to be
assured that those who have the best means
n kaossias the fact think So Whs, the hired
seullions Of baakrupt and dishonest rail
road. which has svinallsd hundreds OF the pco.
pie Of Indians out II their stock. and sunk /,
10 the espacious nav Of first mortgage bond
aoider-. may "a does 10, concern rs. The
lay vill come when those persons will be fsl
y appreciated.
You vili allow me % say n conclusion. thai
lac Trustees 81 the Wabash 4 Ere Canal have
no Propositions 10 make. AID no advice TO give
70 the General Assembly Of Indiana That
: no part q their daty. TIE facts ere t<for, .
'esA Hs.se'. sad tAs esadii.os Of "a. esssi. az
Is prsspesis. falis mad kssrs Hefethesr du,,
'eA.ej. aud nothing that those Tra>,ees could
10 OF ssy would change The legal or moral ob .
legations Of Indiana OF he Bondholders In, >
rrs-,ees stand rsady 70 GO operate in all meas :
ires which those contracting parties" may .
lem judieious for their mutual interests. aud 4
he Interests Of the people interested IN canal
sasigai'en. We have reported the sciuai
'osd.sion Of the canal. and leave the mode j
nd manner Of the remedy 10 The Legislators. p
The Trustees have neither The authority 4. o
noalt p-opesuisss. nor he power To make {.
'ew conditions for violated contracts. T. Of.
- such unsssed for advice. M xht give color
. the charges made that the Trostees we're be =
ieging the Legislature TO take bach the q,
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