The daily Argus. (Rock Island, Ill.) 1873-1877, 1875-08-20

the proposed new organization OF the X.
r. l. L st. L. railroad company He will
offer the old Burtis House to the company.
when organized. at half its cost and take
the sum in stock. The gentlemen inter-
ested in the reorganization are pleased
with the doctors proposition. and should
present negotiations prove successful, it
will be accepted, no doubt.-Dav. Gaz.
Should present negotiations prove sue
cessful, is we'll put in, Of course the
new company will want the old hotel!
Why not? The company will have dead
loads" of money, anyhow, and won't know
what to do with it. "Mebby' DR.. Burtis
would sell his new hotel, too. If the COM
pany is going into the hotel business it
might as well have two hotels as one.
Why wouldn't it be a good idea for the
new company to buy the opera house, too?
Jim Fisk had an opera house-why
shouldn't the new Rockford have one too?
BY the wayne hear that Osterberg
told the Davenport people that the net
earnings Of the.road for the last II months
were 100000 month! He forgot to state
to the meeting that nothing had been ex-
pended for permanent and necessary re-
pairs during that time, not a cent except
what was absolutely necessary to keep the
cars on the track; no taxes paid, and ev-
erything running down; that locomotives,
cars, rails, ties, bridges are pretty much
worn out, and that near million of dollars
ought now to be expended to put the road
in good condition. He made no deduc-
ton for these things-had he done so there
would be a big balance the other way. The
ties, bridges, and rails must be renewed; the
rolling stock repaired; new rolling stock
purchased; the bridges renewed; the taxes
paid; the right of way secured where the
title is defective; the law suits against the
road settled, and thousand and one other
little things settled and paid. When these
are done, it may, perhaps, be time enough
to go into the hotel and opera house bust
ness.
Then, it is barely possible that a new
road will have to be built to get to Miners
vile, as the lease over the c. R. l. & P. R.
R., we hear, can be terminated on a years
notice should the road change hands, that
provision being deemed prudent by the c.
R. L. & P. R. R. Co., as it could hardly be
expected to find track FOR rival interest
that was seeking to get away its business
If the new proprietors,o or those who pro
pose to be proprietors of the Rockford, are
making arrangements to buy an old hote
in state where they have no road, or char
ter for one, and are pleased" at the idea
there's no telling what they would do i
they had chance. Railroad men Nigh
learn lesson from such management.
Silk, Lisle Thread and Merino Unde
wear, and all kinds q Gents Furnishin,
Goods in endless eaNety, at Loebs.
Neither the ARGUS nor the managers o
| the United States Express Co. seem capa
BILE of understanding the point at Issue i
the McGee matter. Union.
The point at issue is that the Unio
wants to boss the management of the ex
press company and can't do it. 1t is no
likely that ''the responsible editor, wit
seven years experience" can teach May
: or Colvin or 10. Shepard anything of val
} ue in regard to the management of a
express company. 1t is business whicl
requires great care, attention, and undoubt
edintegrity. The responsibilities attachinl
to the business are very great, and not t
be lightly considered. 1t is with great ri
+ luctance that the company ever discharge
an employe or intimates that his r
Signation would be accepted-and nevt
without cause. 1t is not necessary for IL
, company to explain to the Union, or
anybody, why it changes employees 1t
> enough to say that it does not a
without reason, and will not |
dictated to by people who ha
no right to dictate and who bear no.
of the responsibilities. The company I'll
dertakes to perform certain public duti
and is wholly responsible for the mann
in which these duties are performed, al
for any losses which may occur in cons
1t 1uence of any improper performance.
!. is quite natural that the managers of t
N company should be the better judges as
A. their business, and it is in very bad taste
'g }outsiders to attempt to dictate to the COZ
&c pany. The public interests will be VII
70 lantly guarded and no public right
is fringed; and citizens will be we'll treat
ot and their business promptly and safe
=, transacted.