The Morristown gazette. [volume] (Morristown, Tenn.) 1867-1920, 1873-09-10
The following statement shows the
monthly earnings as compared with
the previous year.
81, 1913, 358,46 $176, s66,69

81, POI, ,48I,77 s1,37s, $685. $176, ,s66, SO
1t will be noticed that there was
an increase in every month of the
year except June. The cause for
the falling off Of your business for
June is fully understood by all Of
our people, and it is feared that your
passenger business for July and Au-
gust OF the ensuing year will be in
jured from the same cause.
l regret to say that as yet you
have derived very little, if any ad-
vantage from the opening of the Ala
bama and Chattanooga Railroad. In
this wehave been greatly disappoint-
ell but it is hoped that the Road
mentioned will soon become one of
your most valuable connections We
are now building 10 new stock cars
and would recommend the building
of 50 more box cars. This, it is be-
lieved, will fully supply the demand
for some time to come. We would
also recommend the laying of TWEEN
ty miles new Iron during the coming
year, so as to keep your track in an
improving condition. We have made
a contract for building a new Pas
senger Depot at Knoxville. to be
completed first November next. This
will supply a want which has long
been felt.
1t has been my constant aim as an
officer of your Company to foster
and encourage in every possible way
the local business and enterprise of
the country through which your
Road passes, being fully satisfied
that the interests Of your Road and
of the section that it penetrates are
identical and inseparable. Let the
material resources of the country be
fully developed and you can then re-
ly on a satisfactory and Temunera-
tive local business. But, if from any
cause the business of this section is
depressed, the interest of your Com
panv must be adversely affected
thereby. Whilst this is true, it may
be on the other hand that with at
least a portion of the community the
great benefits derived from the OPP
erations of your Road, are not fully
appreciated. All may readily see
and admit the advantages to the
community of work of public i'm
provement which furnishes transpor-
tation to distant markets for the
marble, coal, iron. grain and other
surplus products Of the country, and
which furnishes the facilities for
easy and rapid transit for local
travel.
However, it may not have occur
red to every one the full extent of
the material interest that this imme-
diate section has in the building up
of a great through passenger and
freight business over your line. The
stockholders have a right to hope
and expect that the business of the
road will yield some returns for the
money invested by them. But in
meeting competition it may fre-
quently occur that through work is
done at figures which are inadequate
and to your company unremunera-
tive. Still, when such work is done,
if the amount received is barely suf-
ficient to cover tie cost of transpor-
tation, the people along the line of
road derive therefrom substantial
benefits, inasmueh as the greater
portion of the money expended in
prosecuting the business of youz
road is paid out at home and is dis.
seminated through every avenue OF
enterprise and trade. passing
first into the hands of the laborer.
the mechanic, the manufacturer and
the contractor, who keep up the
roadway and furnish wood, cross,