Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-12-15
a R4sCALLY REPORT
WhIteWashIBg FxiP ordinary Of
the Joint Select Committed"
Everything bu4 the Truth About
the Appropriation of state
Bonds TO Railroads.

We present below the report Of thu
Joint Select Committee on the Appro.
priation Of State Bonds TO Certain Rail-
roads, under an act passed December z.
1861" AS a withdrawing, crack-putty-
ing document it stands u~nrivaled, ever
in this Radical age of whitewashers,''
IL will readily be seer that they have, ar
the Banner in its heading OF the repor;
says, found out Tor rather told, every
thing but the truth. The following is the
report:
afr. Speaker: The Joint select Com.
mittee raised by House joint resolution
No. 233, concurred in December 4, 1868
to ascertain how and to wnat purpose tht
bonds of the State issued to certain rail
roads by en- act passed December Z, 1867
have been appropriated. The committee
have had the subject matter under con
sideTatioD, and now beg leave to MAKE
their report in the following words anG
figures, to-wit:
The bonds issued to the East Tennes-
see aud Western North Carolina Rail-
road Company by virtue Of an act passed
December Z, 1867, amounting to Sl0O, 600,
for bridge building exclusively, are now
in New York city unsOld, as can be seen
in sworn report. %
The bonds amounting to $500 600 is-
sued to the Cincinnati, Cumberland Gar
and Chattanooga Railroad Company, ar
per an act passed December Z, 1867, ! ave
been expended as-prescrioed l seoti0u =
of said act. See sworn report. e.
The bonds amounting to $500 is
sued to the Knoxville and Charleston
Efirosd Company, as per act passed
December z, 1867, have been expended
in accordance with the provisions OF Sec
ton 2 OF said act. See sworn report. e.
The Cleveland and DucktoEn Railroad
Company have never received or re-
for any State bonds. (See sworn
"a
The bonds Of the State, amounting to
$500, 900, appropriated TO the Knoxville
and Kentucky Railroad Company, as per
act passed December 7, 1887, have been
expended in accordance with section 2
said act, as will be seen by the item
Ized report OF the company, sworn to and
accompanying this report. IS
The sum of $500 coo appropriated to
The Southwestern Railroad Company, as
per al act passed December z, 1857, have !
been received and receipted for by the |
President Of said company. Said bonds
are now on deposit in the city of Nash
vile, Hnsold, as can be seen in accom-
OaDyIDg sworn report. Is
The sum Of $3.50. 600 issued TO the Nash
vile and Northwestern Railroad Com |
12Dy by an act passed December z, 1867, |
nave been disposed Of as follows: $lC0.- |
100 to w. Z. Times, Receiver Of said road,
md expended the same rs prescribed in |
2 Of said act, as will be seen per
statement OF II. l.. Claiborne, |
ate cashier OF w. P. Iunes, Receiver;
~ n nnn e---.-N 4 II n |
have been expended as pre-
by the second section Of the act
the appropriation. Balance on
land, Sl2 900. ~
The S200,000 Issued to the Huntingdon
ranch are in the hands OF D. B. Cliffe, |
Receiver, unsold, as shown per accom-
sworn statement.
All of which is respectfully submitted
p. p. c NELSON,
Chairman on pant o Senate.
JAMES a. DOUGHTY,
Chairman on pan OF House.