The Morristown gazette. [volume] (Morristown, Tenn.) 1867-1920, 1873-05-28
ADVERTISEMENT
To James Wright, MOOresbuFg, Ten
neSSGe.

Our answer is not satisfactory
to you. That is just what we ex-
pected, for you belong to that class
of fault-fnding men that cannot he
made satisfied. The object for an.
swering was not to satisfy you, but
to refute your impudent and insult
ing article. We did not say the
lower road cost on an average of
S562 so per mile as you would try
to make the impression, but the en-.
tire cost of the whole line of both
roads was this average amount
You seem to complain of the lower
road and want to know the expen-
ditures thereof. You was present
when the most of this road was sold
to the lowest bidder by public out
cry and ought to have a good knowl-
edge what the contracts amounted
to. The total amount of contracts
on the lower line amounted to $4,-
757 90. In addition to this you
may add a small amount, say not
exceeding 500 90, for surveying,
measuring, stalking and board, and
you will have the amount. viii
this be satisfactory" But you say
some of this road was let out to
contract sat less than fifty dollars
per mile" This declaration is false,
and it seems that you are very I'M
guarded as to what you say or have
natural desire for Icing. The
most of the road was sold in half
mile lots, and the two lowest half
mile lots sold were adjoining in the
War Creek bottom, where there was
but very little work to do; one to
L. F. Wells, for SIS 90, the other to
Elijah Vanoy, for $47 90. The two
highest were, also, adjoining and on
the Clinch Mountain one to A. III.
Odom for $495 90, and-the other to
j. G.. Jones, for $492 90, making
this mile of road at cost Of 1897 90.
But you can't see this, and would
have the people believe that the road
was built for almost nothing. As to
the $500 90 to each one of the Com
pany for services, [ will answer,
no. The whole amount received by
them was 81 ,406 so. Divide this
amount by the figure, seven, there
being that number in the corpora
tion,) and see if it will amount to
$500 90 to each. VIII this be "sat-
isfactory?" While we are on the
subject of the pay Of the Company
for their services, l have to say that
when we sold the road, you offered
your services as aucti0neer to sell
the road at the moderate sum of
five dollars per day. but the COM
pany was able to find another who
was willing to make sale without
charge. Had the Company valued
their services as you did yours the
pay would have amounted to much
greater than four hundred dollars to
each. From what l can learn, the
trouble with you is that you were
defeated in your arrangements and
failed to get a ''slice." You say
that ''our State Bonds have never,
since 1869, sold for less than sixty
cents.'' This is also false, and
shows an utter want Of information
for new bonds sold in the month of
May, 1870, with one or two years in
terest due thereon, for fifty-six cents
and less, as we'll informed financial
men readily know. The old bonds
were worth more, but you will not
claim that our bonds were of the old
issue. The Company sold their
bonds on or about the 10th Of May,
1870. Our bonds just being issued
there could be no due coupons at
tached, and when sold were scaled
on that account, and they realized
the amount stated in our answer
The reason the due. coupons were at
tached to the bonds sold on the mar
ket, the State had not been paying
interest and the bonds and due cou
pons were sold together, and for
long time before we sold our bonds,
no interest had been paid, which
bonds having no due coupons to
them, they were of course not worth
as much as other bonds, selling at
the time, with due coupons attached.
You complain. of the Company keep
ing a book account, and what is it
that you dom t complain of. 1t makes
no difference how the Company kept
accounts, SO they did their duty
faithfully, and as to the money iad
vanced to Mr.. Turner, member of
the Company, l told you he had or
ders taken. up and paid by him to
the amount of money in his hands,
which were given the work hands by
the Superintendents of work. |
have been recently advised by an
able attorney that those orders are
legal vouchers for the Company and
would be SO considered by any court
of Justice. You, also, say our road
is a esdisgrace to the country This
is another falsehood and is without
the least foundation. in truth. You
are more benefited by the road than
any one else, for it opens a trade in
cash produce to your store from the
north9of Clinch Mountain. and if it
was not for the road, it would be inn
possible for the large amount of
wheat, corn, bacon, &c. which is be.
ing brought to your store, to be con-
veyed to you, unless by means of
pacl1-horses. Notwithstanding the
road adds so much to your financial
interest," you are not willing to give
the Company any credit; but we.
don want any credit from you. and
only ask, from this time on, to only
make such statements that are true.
Having IT believed. answered every
specification ia your last communir
cation. | hope the above will be. sat
isfactory. :
WM. GREENE. prest
". O. & r. Turnpike Co,