The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-04-05
PROPOSAL Of the Committee Of tho Coluna
bia and Augusta xnilroad Company.

Proposal Of the Committee Of tho Colum-
bia and Augusta railroad Company.
lat. The Augusta and Columbia Railroad
Company, having nearly completed the con-
struct,on Of their road from Graniteville to
Augusta, no longer desire to enter into any
arrangement for the use Of the South Carolina
Railroad track between draniteville and Au-
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 companies. The new bridge to Cross
the river opposite Washington-street
81. That all litigation between the two COM
panies shall cease. and that the South Carolina
Railroad Company shall waive its claim to be
refunded its subscription to the Macon Rail
road, as provided IN the agreement with the
City of Augusta.
Augusta Railroad Company propose to the
South Carolina Railroad Company the annexed
as mode of setting the differences between
the respective roa''s. EDWARD THOMAS.
JAMEs G. GBBEs.
JOHN ]. COHEN.
Columbia, March "a.
Letter OF tho Committee Of the South
Carolina Railroad Company.
CHARLESTON, March "a, 1869.
To Me.srs. Edward Thomas, James G. Gi5be'
and JohnJ Cohen, Committee Columbia ana
augusta Railroad Company:
GHNTLEMEN-The proposal refer the mat
ter. IN dispute between the South Carolina
Railroad Company and the Columbia and Au-
gusta Ralllosd Company to 20 joint committee
OF three directors from each company" was
made BY President Magrath, IN his letter o.
oath October, 1868, to President Johnston
Tohn NOVpnl
ber 9th, SANS his company 'cheerfully accepts
your proposition to submit the entire question
of the connection at Graniteville, use OF tracH
and privileges, terms aud considerations OF the
same, to a Joint committee, to consist OF thret
| directors from each OF the two companies, te
meet at the earliest practicable day after the
| acceptance OF this proposition, the said com
mittee to have full powers to treat OF oil mat
| ters in this connection"
Our respective committees having been ap
pointed in pursuance Of this under
standing, We we're greatly surprised, as
We stated Yesterday, at the announcement
YOU then made tina. you nc longer desired &c
enter into any arrangements tor the use OF the
South LuIv.ina Railroad track between Gran
submit ed to US to-day, 'sas moao Of settling
| the differences between the respective roads,
| proceeds upon that basis. Tho following are
the propositions 1t contains, namely:
1. Your company declines to treat for th'
| use OF our track.
2. Tnoy propose to build a new bridge fol
| the iont use OF the two companies.
8 That litigation between the corGpane!
shall cease, and that the South Carolina HALL
| road Company shall waive its claim to be re
| funded lts subscription 10 Tho Macon Rairoad
as provided in the agreement with the City
Augusta.
An agreement for the joint use OF onr track
is as you see, the chief question referred tc
our committee. According % our view, 1t i
the only method by Which the ques
ions at issue between us can be ad
iusted, and litigation be brought to al
end. II this mole of adjustment is no
adopted we do not see how such dlf
tcronces can bo reconciled without judlcla
decision. The construction of new bridge, a
proposed, offers Us no advantage ut this time
| and presents, in our view, no grounds OF com
promise and the proposal thi.t we shall sur
render our rights to be refunded the Macol
| subscription, as a condition OF your enterlnt
| Augusta according to our agreement Win tn'
| City Council, without any consideration what
| ever, certainly in itself contains nothing II
! recommend it TO our acceptance.
We therefore respectfully decline ycur pro
posals. and i'll lieu thereof will submit ono foi
| YOUR consideration, based upon the @ II ou
track, Us Il means OF stopping ltlg ltlon. Slouit
YOU not agree to our proposal, we shall b
ready to consider auY notifications OF thom tina
YOU NAV suggest. Yours, respectfully,
6 A. TRENHOLM,
Ii. GoUnDN, Committee.
LOUIS u. DESAussuRE,