The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-04-05

PRESIDENTS ORFICE.
SOUTH CAROLINA RAILROAD COMPANY J.
CHARLESTON, s. c., April 8, 1869.
TO THE EDITOR OF THE NEWS.
l beg to acknowledge the recei ipt of your
note Of this date, in which you say that consid-
cradle public interest has been excited by the
conference lately held in this city, between the
committees OF the Oolum bia and Augusta and
South Carolina Railroad Companies, and that
there is general desire to know what was the
precise result.
now beg to hand you the enclosed papers
which have been submitted to me by the COM
mittee Of the South Carolina Railroad, as their
report of the conference, and which, it appears
to me. form the most appropriate reply that
your inquiry could receive.
Very respectfully,
w. J. MAaRATH, President.
PROPOSAL OF the Committee or tho Colum.
bia and Augusta h kailroad Company.
1st. The Augusta and Columbia Railroad
Company, having nearly completed the CON
Augusta, no longer desire to enter into any
arrangement for the use of the South Carolina
Railroad track between Graniteville and Ar-
gusta.
I'd. They now propose to build new bridge
at their own separate cost and expense, with
two tracks for the accommodation and use Of
the two to
Sd. That all litigation between the two COM
panies shall cease and that the South Carolina
Railroad Company shall waive it's claim to be
refunded its subscription to the Macon Rail-
road, as provided in the agreement with the
City OF Augusta.
The Committee from the Columbia and
Augusta Railroad Company propose to the
as mode of settling the differences between
the respective rOals. EDWARD THOMAS.
JAMES Ct. GIBBEs.
JOHN j. COHEN.
Columbia, March "a. 75s
Letter or tho Committee or the South
Carolina Railroad Company.
CHARLESTON, March "a, 1869.
TO Messrs. Eda0ard 1AoSsas. james O.. Globes
and John j. Cohen, CORauaittee Columbia an d
Augusta Railroad Company:
GENTLEMEN-The proposal to refer the mat
ters in dispute between the South Carolina
Railroad Company and the Columbia and Au-
gusta Rall1oad Company to "a joint committee
made by President Magrath, in his letter Of
Gath October, 1868, to President Johnston.
President Johnston, in his reply, dated Novena-
Der 9th, says his company 'cheerfully accepts
OF tho connection at Graniteyille, use Of track
and privileges, terms and considerations OF the
same. to Q joint committee, to CONSIST Of three
directors from, each of the two companies, to
acceptance OF this proposition, the said COM
Inittee to have full powers to treat OF oil mat
ters in this connection"
Our respective committees having been APP
pointed in pursuance Of this under
standing, we were greatly surprised, as
we stated yesterday, at the announcement
enter into any arrang for the use OF the
| South Carolina Railrond track between Gran
iteviiie and Augusta" The paper you have
| submitted to us to-day, ''as mode Of settling
proceeds upon that basis. The following are
the propositions it contains, namely:
!. Your company declines to treat for the
| use Of our track.
the JOINT use OF the two companies.
That litigation between the companies
shall cease and that the South Carolina Rail-
road Company shalt waive it's claim to be re-.
| funded lrs subscription TO the Macon Railroad.
| as provided In the agreement with the City Of
| Augusta.
An agreement for the joint use Of our track,
Is @ as you gee, the chief question referred to
the only method by which the ques-
tions at issue between MS can be ad.
| Justed, ana mitigation be- brought 10 an
end. If this mode OF adjustment 10 not
adopted we do not see how such DIFF
ferences can be reconciled without juaicial
| decision. The construction Of new bridge, aa
proposed, offers us no advantage at this time.
and presents, In our view, NO grounds OF COM
ofomlse and the proposal that we shall sur
render our rights to be refunded, the Macon
subscription, as q condition OF your entering
| Augusta, according to our agreement with the
! City Couicil. without any confederation what
| ever, certainly In itself contains nothing to
recommend 1t to our accordance.
We therefore respectfully decline your pro-
| posals. and In lieu thereof will submit one for
| your considerations. based upon the use 81 our
/ track. as means OF stopping lltigation Should
| you not agree to our proposal, we shall be
ready to consider any notifications of them that
| you may suggest. Yours, respectfully,
q. A. TRKNHOLM,
| III. GoURDIN, Committee.
| LOUIS ID. DESAussURN, @