The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1869-02-17

Now, however, Davenport is the only town
in which trouble exists. He had no doubt,
that the road would be running from PEG.
ria to Rock Island by the FIRST Of next Jan.
uary. This will be the case certainly il
Peoria aud other bonds can be sold for 80
cents on the dollar. So far as Davenport
subscription was concerned, he thought the
subscribers were 10 duty bound to pay it,
In regard to coal carrying, Mr.. Gable had
repeatedly pledged himself that every per.
son who wants it, shall have the privilege u
! carrying coal on equa. terms with himself.
But he thought it would have been far bet
ter for Davenport and Rock Island to-day
to have had an arrangement made with Mr.
Frost That would have been the case to-
day, had not there been 80 much said in the
two cities. lie had no doubt that the IT,
l.. & W. road will yet operate the road. lie
said that all stories about his beng bought
we're false as anything could be. he pa
pers in Davenport and the Union IN Rock
Island had done Mr. Gable thousand dol
lars worth Of benefit in this matter, where
he THE speaker had benefited him ten
cents worth. The confidence Of the people
where he had lived, was the best expression
be could offer as 10 the feeling with which
he was regarded Mt home. Mr.. II. read q
section of the =. & r. J. charter which
authorizes the leasing or consolidating with
other roads lie invited any person who
! wished 10 question him, If he saw ht. lie
| bad received communication from Messrs.
| Swits aud Krausc in regard TO releasing the
| Davenport stock subscribers. In reply he
would say they had no right to release the
Davenport subscribers.
d. Hamilton replied iu reference to the
right of leasing the road that he was conf
| dent the stockholders would ratlty the acts
of the directors. In regard to the coal bu
sincss, there was nothing IN the lease about
it. The eastern connection VIII be- the |
same Al Peoria as though the road had not |
been leased to Mr.. Gable. But passengers |
will probably have 10 change cars at Peoria
His Judgment was that the importance Of |
Moline as station on the road had been |
oyer.cstimated But had Mr.. Cable and his |
road never existed, be would have been in |
favor Of the route by way Of Coal Valley. !
In reply TO u question, Dr. II. repeated that
there were no words IN regard to coal IN the
lease.
Mr.. Joseph Shields addressed the meet
! my He said he had had experience IN the
coil business for fifteen years, and be had
never seen SO much uniformity in the price
Of coal as exists under Mr. Cables monop.
! oily. Mr. Gable had kept the price Of coal
| down this winter three or four cents per
! bushoi lower than it would have been had
! be boon out Of the way, Tho speaker had
! paid ~ TO % cents per bushel for coal when
| all the Goa. fields about here were sending
coal to tins market. Mr.. Gable had sold
coal all this winter for nineteen cents OF
less, when teamsters we're charging twenty
Ave cents busheh The truth is, had il
not been for Mr. {. 8 road, and his facilities
for mining, there would have been suffering
for want OF fuel in this city. Mr.. Cable
t deserves credit for his energy You can
mine coal for nothing. lie knew party
in this vicinity who had sunk fifteen tbous
and dollars in a coal bank the past six
months. II costs money to mine it and get
. it to market, The speaker had subscribed
$500 in the stock Of the 2. 4 K. !. road.
He had paid one instalmcnt, and he would
pay the rest if it took his last cent. Mr..
Gable had gone in to win, and had won, in
spite Of al. opposition, and merlted praise
for lis success.
Mr.. Holmes took the floor and made q very
rambling and d;sjoinled and weak effort to
auuihilate DR.. Hamiltou's statements.
Among other things, he said if the people Of
| Of Rock Island and Moline had been con.
WINGED that the company would adopt the
Moline route, the extra money necessary
would have been forthcoming. How does
he know? They certainly had plenty Of
time to do so. Why didn't they raise it?
That WAS all that it required to get the
road that way. The fact that they had the
opportunity and did not raise the money
cHtiDguishes Mr.. Holmes. According to the
Gazette, Mr.. Holmes used the following Ian.
guage.
Dr. Hamilton once stated in this hall
that they would not call for dollar until the
road was graded, bridged and tied, and the
stock was not to be turned over until we
were notified they had money enough SO TO
do by committee appointed at Dayen'
| port meeting.
Dir. Hamilton replied that he had never
! said in Davenport nor anywhere else that ht
would not call for a dollar from Daveupor
until they had enough to grade, bridge anC
lie tho road
Nj, HoI,nes--You snid SO right here il
tbi, room.
NJ Uo,,ncs said nrohah'v other gentle
,,,a', rras,,t board ha Ianouasn al IN
time,
t Mr.. Drake-You said it right over in tina
f corner.
( Dr. HI saw that rrvnr said so
t O,ber rorarks of similar cLaracte
passed between pr. Hamilton md Mr.
t Holmes amidst considerable an,
L'o't''S ANUS. 0o'o'0 (, ''p'o ""'
e tice the stetsmsnts ma5a in HI. tormc,