The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1868-06-23
BOARD OF TRADE.

as there are several 6ommittses ready to n.
port and some important mAtters which need
attention, as wa are advised by one Of its
most active members, among which may be
mentioned the following: = -
lst "The committee on the boat yard
will be ready to report that s'they have sue
ceeded in driving off the strangers" who
seemed determined to establish boat YARD
at this point, and in inducing them to invest
their means at Port Byron, thus securing
zone Of the old settlers against dangerous
competition: 50 his business, whether he shall
eoaclade to rsmeve his boa. yard to this
hplace or 80 repair it at LeClaire, where il
now i. The COMMITTEES, feeling that every
ting has been accomplished which could
reasonably DO expected, will probably ask to
be discharged and assigned to some new
field of duty, where still greater laurels may
be won and the objects and designs of the
board still further carried out.
ID "The committee appointed to go to
Peoria to prevent the directors Of the p. &
r. |. r. r. from letting one of our citizens
build the road and thus secure its ownership
to HIMSELF will be prepared 70 make a
supplementary report verifying the state
ments of their original report, notwithstand-
ing the fat contradiction by the president of
that company. The committee will estab.
lish the truth of their statements and the
consequent falsity ofthe presidents denial,
which report, tits understood, win conclude
With congratulations on the ability of the
committee 10 secure $50, 1000 of tue stock of
the company for this township, and with in
struetions to the directors of the road to i'm.
peach aud depose their president and elect
the president Of the board of trade in his
stead. ----- - Wa
Sd The chairman Of the committee on
"the pamphlet will be ready to report that
he cannot agree with the committee appoint.
ed 10 revise his work. AS conclusive evi.
dence that he and the revisers cannot agree,
he viii be prepared to show that they have
approved and adopted but single one of
the sentences of his entire pamphlet, and
that was sentence which he had copied
from the pamphlet published some years ago
to secure the location of the Arsenal on the
Island. He viii doubtless call for a com
mittee of conference, ani as there is a
eountrYmen of his in Rock Island who
writ book, aud another who translated
one, and who, therefore, have experience in
such matters, i. is believed he will insist on
their being appointed that committee.
4th The committee appointed to disburse
$3.50 to carry the election in favor of this
township voting q subscription of $4,000 to
the P. l. R. /. R. r. viii report that the
money has been iudieiously expended and
the vote carried BY los majority, notwith-
standing the persistent opposition of the
Capitalists and monopolists" who attempted
to thwart the purposes of the board. 1t is
| understood that the committee will call for O
committee Of investigation on the charge
that they had paid more for the votes OF
outsiders than for the votes Of regnla.mem-
| beers Of the board In good standing" which
they will denounce as vile Islander and call
| upon the board to rebuke in a manner be-
coming its dignity, and in such q way as to
secure its committees from any such SANDER
Gus attacks in the future. As the most eff
feetual method of rebuking the ISLANDERS to
which they have been subjected, and of
showing the continued confidence of the
board in their integrity and ability, the
committee viii insist that an appropriation
OF 500, be made to them to carry an cleo
ton in Davenport, in favor Of that city sub
scrbing 100000 to the P il r. |. r. r.
payable in its bonds, and conditioned upon
the location of the road via Moline. From
its past experience in that line the commit
tee feel sure of its ability to carry the cleo
ton in Davenport, with that amount OF mon
ey; and, under the recent decision of the
United States supreme court, making the
towns in Iowa liable to pay their homes.
debts, the market value of the bonds Of that
city is SO rapidly appreciating that there is
but little doubt of their being negotiated in
a short time, on as good terms as the bonds
of Rock Island township, provided they are
made to bear 10 per cent interest (while the
Rock Island bonds bear but 4 upon which
rate of interest we understand the commit
tee will insist.
9th The committee appointed to ''instrue.
congress to stop the G. r. /. Il P. railroad
company from squandering its money in at
tempting to repair its bridge between the
Island and the city of Davenport, and TO re
quire that company to save its money for
the construction of the new bridge" will re-
port that it was SO delayed by s'the ferry
monopoly" that when it got its instructions
before congress it found the railroad COM
pany had completed those repairs, and hAy-
ing no authority from the board to call upon
congress to undo the work the committee
found itself powerless to prosecute the mat.
ter further, and therefore it will ask. to have
more ample powers conferred upon II or to
be discharged from all further duties in the
premises.
9th The committee on the Sterling rail.
road will report that fifty miles of the iron is
now in transit, and that the road will be
completed by the next meeting of the board,
at which time an excursion will be taken to
Sterling. by its friends, IN which all the mem.