, 1873-01-11
ncatling Company aro rntd TO hayo borrowed
lnige rims Of money in England to carry on tito
Bcllome.
4 private despatch from Now orlohna says
Fathor Burke iH norlousy Ill tloro.
NORTHERN PACIFIC RAILROAD.

Hcnanrfes Made by General George W.
ci.As, afcfore tito lkOlrd Of Directors
OH Accepting tito Presidency OF tfae
Nortiacri, FaciiAo Esr lirosti Co.si-
p:lnY.
GENTLEMEN 1t ia now about throo months
ainco you oxprofaol your confidence In my do
vosion 10 tho loat intorcatu Of this corporation,
aud of my ability to serve 1t, Ly olccting mo to
t1o most roBponaih!o pon.sun within your gift
como sacant For tliis ovldoneo Of yonr app1e-
cution fool most grateful; but tho position
cannot accept with an linmi1ed feoling OF grail
tudo. accept it with doubt md hesitation, In
Wow Of itB great robponnibilltios.
Wien tito J}onrd nlndo its Bolocion Of Buc-
couBor to tho EontIonlnM who created thf3 gront
entcrpgino as It Stands bcforo tho public to-day,
was, by yonr appointments, on q co1nlnittee to
90 to tho Tactic coaAt, aud afterwards to Mtnnc-
aota ald Dakota to make personal exanina-
tion OF tho road, itu routo, aud itH lnnd grant,
ind to look into oforything which concerned tho
Compnny'a present md future. 15e(oro accept
Thought IT to DO 1it-to bo due to myseif, to you,
and to that small portion Of tho public thae
might place confidence in tile enterprise by
reason Of my presiding over it--that should
arut na1Io this personal examination, and thoro-
tic Northern racliio Railroad aud OF its land
grant.
That examination hns bcon made, aud my
opinion Of tho property has beon formed on tho
0AHIl4uAlluus Alla CQHl9 to-uAy ~ AHAuuuCo
to you my acceptance Of tho honor and the Office
You have tclidorcd to mo, and 10 promise to do
voto to this enterprise all Of my time, and what
eyosof experience aud Judgment lavo acquired
til forty years Of activo busiuogs life, most Of it
spent in works ot n character similar to the con-
struotion Of tho Northern pnciilc Railroad.
:, In making poraonnl examination of the road,
tho route, niid the land d-grant to which have ro
fosred, was ono Of . Committee Of aiority
Of your Board, and thus lad the full advantage
Of observation from the various standpoints ut
which di1lcrcnt minds und tcmperamonts would
naturally Wow 10 great project, al aiding mo
to reach Q more Hccuro md sound judgment:
In tho Journey, Wo examined about ono thou
sand miles Of tic route Of your road. and Of tho
lands contiguous. OF tic line aud the 1ands.
moro than onc-half was on tho paciilo coast. OF
the constructed portion Of tho road, To twice
passed over 400 miles. examining The whole Of
mtles of route by daylight, purposing to roly on
what wo saw, and hot on wiant VIC heard, aB To
tho route. tho land, tho property, aud the prob
ablo future development Of tho enterprise.
recital Of NIL the facts and tho theories on which
baso my opinion that tho Northern Pacific Rail-
road can be constructed ut c reasonable cost
that It can bo operated and nlaintaincl at n loss
cost than any other railload acrouB tho contineEt
Forth Of tho parallel thirty.threo, for very OBJ
ylous reasons-and that it will hnve, when con-
structed and at oace, Il lnrgor local tra!lc than
any other road can layo west Of. tho one llt,l,-
rcdth meridian Of longitude; but will Eny to
you that such il my woll~consdorcd judgment
I will also say that tho yast country within tho
limits OF your land-grant is not elunllcd by any
gi1nlar extent OF country west Of tho Misalssipp
River in all OF tho elements necessary TO sup
port MI Intelligent, antorprising, md prosperous
population III the comforts md luxuries Of lie.
There III no problem to nolve nI to tho allcccBa
Of tho Northern Pacific Railroad after it Ehg}
havo boon constructed. Tho only question, ni,.i
tllat 'egent will he how intelligent men q: tl:a
ago should over havo had doubt nbuu3 it's
success.
duties Of tho trust you havo committed to mo.