Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1865-01-19

OF Baltimore has done what? From its
earnings thus furnished to the taxpayers
and people of Baltimore, with an extra
dividend stock, and with the two semi.
annual dividends, $976 535-nearly a mil.
lion of dollars. In the midst of all sur.
rounding calamitieS, our friends and fellow
citizens of Baltimore have been thus saved
by the earning of this Baltimore and Ohio
Road from most onerous taxation; and
these earnings have been realized, not by
extravAgant rates OF freight, but by care
ful and economical management You
will observe that these figures, exhibiting
results as remarkable rs gratifying, in the
relief of our fellow citizens, attract what ?
The assaults OF his Honor the Mayor upon
| the management OF the Baltimore and Ohio
Railroad.
In admirable contrast with this singu-
lar auomoly, with this strange infatuation,
with these reckless assertions, we have the
remarks of the Governor of Maryland upon
the same subject, in which, as citizens OF
the State, we are all so deeply interested.
We find, in 1864, that the Governor of
Maryland, in his annual message to the
Legislature, remarks:
"The Baltimore and Ohio Railroad Compauv- In
the results as shown by the amounts pild into the
Treasury, has furnished the most gratifying eyi.
cence OF its success and of the continuance Of that
sole and energetic management which has 80 long
distinguished it. NotWitt autng the serjous n md
frequent interruptions suffered in the business OF
the Company by reason of the repeated destruction
OF large portions of its road by the Rebel army It
has paid into the Treasury during the seal year
two dividends of three per cent each on the stock
in the Main Stem OF the Road and two other diyf-
aends Of Tour and half per cent. each the stock
III the washington Branch, and on acc Junt of capi.
tstion tax on passengers over that Branch il has
paid the sum OF S2075i0 81 making It's aggregate of
payments into the Treasury for that year S3IO5l2 81
and conclusively showing that besides the
Bile benefits which the trade and commerce of our
state derive from its operations, and its essential
importance to the Government as one of the most
important auxiliaries in military movements, that
the stae's interest therein, considered merely in
pecuniary point of view, is one of its most remu-
neratlVc investments
1u his recent address to the present Leg
islature of Maryland, the Governor re-
marks:
I have received no report of the operations of
our chief line of inttr0al improvements-ihe Balt.
mare and Ohio Rairpad-iuripg the mast wear hnt
Judging OF them by tho amount received on its ac-
count, thRt Company continue to fulfil every eXpec-
tatton entertained of it, chief conduit Of the
trade OF the state as well as OF the most mpor-
tant sources OF her revenue. During the fiscal year
the Company has paid INTO the Treasury, on no.
count OF capitatiOu tax upon passengers over its
Washington Branch, the sum of $2l9,3S6 49, andIfor
dividends on the stock Of that Branch aud the MaR
Stem tho sum Of $l4S 443 6O-making the aggregate
receipts OF the State from that source during the
year S36I, ,S2s %, or more than $4,000 above the
largest amount ever bfore received in any year on
similar account"
-. Thus we have the views of the Governor
of Maryland in contrast with the views of
this Mayor OF Baltimore, each representing
his fellow citizens in connection with all
interest-those OF the public in their reIa-
tiOns to this great avenue of trade and
travel, and those OF the tax payers of the
State and city.
1t is not inappropriate, in this connect
ion, to add the statement of the Hon. Hen
~ H. Goldsborough, Comptroller, in his
recent report Of the affairs of the treasury
of Maryland. That sagscious officer evi.
IDENTIFY also appreciates the importance, to
the tax payers of the State, of the success
full management of the Baltimore and Ohio
Company. He says:
''The rece pts from the Baltimore and Ohio Rail-
road Company have been very sRtstlc tory, and arc
largely in excess of the year 1868. The total re-
ceipts realized by the Sta g amount to the sum OF
S4l29e3 49, being equivalent TO ten per cent. upon
the stock held by the State in the main Stem and
Washington Branch OF the road. This is the highest
testimonial that could be given to the abe and eff
fcient management OF this work, especially in a
crisis like the present, whom the road has been sub
jeCted to such heavy losses by the enemies o. our
Government. 1could not add any suggestions, if 1
were disposed, to the manner in which its affairs
conducted unde: its present Administrations con-
tributing so largely and efficiently it has done to
sustain the credit and finances of the State. While
lander should feel pride, it is equally matter OF
sincere congratuaton that, irrespective of all party
considerations. it has fallen into the hands Of judi.
cious men, who have made it so beneficial at this
period to the people OF the city of Baltimore and
the State generally"
l will not detaiu you, gentlemen, with
following further in detail the various
assertions of this message. The President
OF this Company has, in connection with
its interests for many years, been accus-
toned to assaults, but few, however, in his
recollection, of so entirely unjust and un-
| reasonable a character. The President
has, as he ia sure have this Board, great
confidence in the effect of facts. He be
| lieves that ''truth is mighty and must pre-
vail" He has not the slightest apprehen.
sion Of other than temporary effects 10
| connection with such assertions. The
| assault having no foundation in fact, will
-"Like. the baseIess fabric OF a vialon
Leave not a wreck behind"
except indeed the wreck of the reputation
of his Honor the Mayor, for accuracy, can
dor of statement and justice.
The President proposes, as due to the
occasion, and as appropriate in order to
| furnish full Information TO our fellow
citizens upon these subjects AMI for the
purpose of securing deliberate and care
ful examination of the history and facts
Involved, and their presentation for the
information and consideration of the com
| munity, especially OF our fellow citizens
npon the line of the Baltimore and Ohio
R Lilroad who may feel with such apparent
authority for such charges as the Mayor OF
Baltimore, that their interests are suffer-
ing-,he adoption of the following resolu-
| tions:
FhsrsaI, The Mayor of the City of Baltimore, in
his Message to the City Councils of January 1865
has commented upon the relations Of this Company
to the city, ani to other works of internal improve
ment in which the city is interested in such a an
ner Gs to make reply to the sta acments contained
in said message the proper duty Of this Company
| therefore,
| Be it Resolred, That the Committee OF Finance
be instructed to consider and report fully upon the
portion of said Message which relates to this Com
pAny, its past and present management its relation
TO the city OF Baltimore and to the works Of inter
| nal Improvement referred to in said message:
| W. W. Taylor Esq moved the adoption of thI
| resolution, which was unanimously agreed to.
=