Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-09-25
TAENAsHvILLEAND NORTHWEST
ERIN RAILROAD.
sheaisi Ii be Leased,


To the Editors Of the Union and American:
4 NAsHvILLE, Sept. "a, 1884 dispoai
ton exists in this city to a certain extern
to complain of Mr.. Burns, President d
the Nashville and Northwestern Railroad
upon the ground that he will not agree to
lease this road to the Nashville and Chat.
tancogs Railroad Company for period Of
ten years upon the latter company sgree-
ing 10 expend 100000 in repairs upon
the road-bed and bridges of the North
western road. And il has been said, as
am informed, that Mr.. Burns, because he
has refused to make such an arrangement
and disposition of his road, will be
held responsible to the good people Of
Nashville in case the Chattanooga Com
papy gives il up and the road
saoUli stop. Is this so? 1t sure
ly is not. IL is true the North
western road is perhaps the most import.
ant road to Nashville in the State, and if
it should stop Nashville wholesale and re-
tail trade would be greatly damaged there
by; bot it must be remembered that the
Nashville people are not the only persons
interested in this road, and TO make dis,
position Of the road for consideration
acknowledged on all hands to be wholly
inadequate, would be very unjust to
the interests of others. Now Mr.. Cole
offers to give $500, 900 for the road for ten
yesrs, or 500 for one years. this an
adequate consideration for road and It's
rolling stock for this period of time-that
cost in round numbers near s., 500, 900? Ifso
it was truly poor investment. But il is in-
sisted that Mr.. Cole agrees to pay over to
the company whatever sum may be rea-
Lied over the $200,000 xnd that this |
gives the case q new face. am informed |
that Mr.. Cole is regular bred railroad |
man, having passed through nearly all the
positions TO be filled on railroads, that he
is line Judge of railroad property, and /
we all know that he has been running the
road for the past year, and
knows its capacity, connections ane re-
sources, and he can we'll judge what will
be its future prospects to yield an income,
and If it will justify him in giving more.
Why not agree on the price; and If not,
Why does he desire to run it. No man or
yet Of men wish to lease property upon
uch indefinite terms, with everything
coming through the hands Of the lessees,
With the reserved right in themselves to
make their own bill Of expenses, and with
themselves at that and disburse it out Of
he earnings of the road, to themselves,
,efore they can be forced to pay anything
o the real owners of the property. Per-
laps Mr.. Burns is unwilling that he shall
'e required to pull the ehestnuls out of
be fire for others, and l, for one, am with
i'm
Gov. Senter has a receiver upon the road,
nd if Mr.. Cole gives il up, then the re-
eiver, under the act of 1852, must run the
Dad, and if he will not, as it is alleged BY
Ome, then LEI Gov. Senter turn the road
yer to the company, and let them run il.
he company will not refuse to do 30.
ut should Gov. Senter, in such case, re.
lse to turn the road over to the company,
It the sin be upon his head, and not upon
IL. Burns; but if Mr.. Burns enters into
he lease upon the proposed terms, he may
e very sure that, while Nashville may re-
ice, he will be cursed, and well cursed,
ON Nashville westward.
A STOCKHOIDER.