St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1875-09-17

members of the meeting the President
made il statement of the management of
the road for the past year and the cause
of the difference which Arose between
him and the superintendent. In looking
over the monthly statements of the
the past two months he found that the
earnings fell behind about SlO.OOO per
month from the corresponding months
of the previous wear while the expenses
remained about the same. He then
called upon the Superintendent and told
him something must he done to cut
down the expenses. and 1t WAS agreed
to reduce the pay roll 10 per cent: some
might he reduced more and some less.
but the average should be that. The
President having business 81 his own
at that time which called him away, it
WAS left with the superintendent and
one of the executive committee to
make ont IL new pay roll in accordance
with the plan proposed. After his re-
turn he SIM the new pay roll and found
it only lcSScncd the expenses about
$1,000. While they cut down the pay
on all the section hands 10 per cent,
others with larger salaries had been in
creased, among these Was the Bridge
Master, (thr man whose correspondence
appeared in tn, CdietIOnidn il few weeks
since,) his pay Was increased $50 per
year. he at the same time telling the
men under him that his pay WAS cut
down in the same proportion with
theirs. when the reverse was true. The
President also stated that in looking
over the wood agents bills and his man
dissatisfied with him: that while pur-
chasing wood for the company he WAS
also iii Ialtnci ship with those of whom
he purchased the wood. that in fact he
WAS buy ing wood of himself for the
Company. He informed the Supcrin-
tcndcut of the fact and requested him
to notify the agent that his services
would no longer he wanted. but desired
To treat him fairly and said that he
might set the first ot December or Jan
uilN lis he thought hest. The Supcrim-
tcndcnt then said he presumed II would
make no difference to the wood agent
whether il MAS the first OF December or
.IamrIarN and he then wrote Il letter to
The wood agent notify ing him thai his
services would CLOSE upon the Isl oi
December soon after this Il meeting
at the Directors WAS called III bu>ton,
hen i RESOLUTION WAS adopted taking
f"nl the President the pu"cr which he
>upp">,, belonged 10 hIm in the man-
a.rmcmt of the road and all authnIitN
over the Superintendent and placing it
ia he hands OF The Executive Commit
tee. Tine result of that action WIS that
the wood agent WAS restored To his po-
siii"n ON the road and retained il till
the 29rh of July when The Directions 10y
Il unanimous vote rc>ciudrl THEN tnI-
mcr vote rr>tuiiu" the President Ia his
fnlmIrr position ~ head of the road.
" hen The Superintendent. wood agent
and bridge mr>tcl rendered THEN lcSi"-
hal iuiiS.
Col. Merrill hN restoring the wood
agent To his position justified his course
IN tradim" with himself Il Credit Mo-
hilirr operation on Il small scale. Your
correspondent may >u& that Col. Mica -
ill Wa n"t present {" dispute. the facts.
1t WAS hi own fault that he WAS not
there. lie must have known that the
management of the road would have
com" before the mcctln" and he should
have been there. to defend himself if la.
could have done it. | tlIinh il is time
that men should understand that when
employed 10y Il corporation and rrcciV-
ing full pay for their services that they
should render some equivalent i'll Ic
turn for the pay they receive. such i
the lesson think the President of the
Pa>>ump>ic Railroad designs to teach
Those. IN In" employ of the road and /
trust hr may he successful in his I'M
dcrtakimg. y STpCKHnLpEE.