The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1876-08-02

wait for the midnight train, upon which
the Times talker came back to the city.
-
Railroad News-The Illinois Central.
from the Chicago Tribune. July 2s)
The fact that Mr.. John NJ. Douglas at |
the last meeting of the Directors of the |
Illinois Central Railroad Company, re-
signed the presidency OF the road, has
given the Springfield State Journal an OPP |
portulity to write an article more than
a column In length, full OF serious
charges against the present manage
ment Of the road. The article claims that
the Central is in trouble, that there have
been many mistakes made, and plumbers
committed, for which MIR. Douglas re-
fused 10 be held responsible, which now
threaten the future success OF the man
agemnt OF the affairs OF the corporation
that measures have been inaugurated
I aud vast transactions had, which Mr..
Douglas never willingly assent.
ed to, and for the evil results of
which an attempt was beng made
to hold him responsible; that it was
now attempted to lay at his door the
plumbers of others: that he had retired
from the presidency of the company to
escape the consequences Of the some
what extraordinary course attempted to
be pursued by members of the executive
committee in New York. The article
then explains very minutely how the
Illinois Central was led into investing
$4,000. 900 for the construction OF lO7
miles of land from Jackson to Cairo,
so as to have straight through line to
New Orleans, and how this venture
turned out disastrOusly, and how the
$6,OO0,OOO put into the line were in
danger Of being entirely lost. 1t is
pretty certain, concludes the Journal,
that some one has blundered that
neither Mr.. Douglass nor John Newell,
the president OF the company, who i'm
mediately preceded Mr.. Douglas, could
have been so egregiously taken in as
somebody seems to have been and that
, it seemed certain that some one In New
York had been done tor to the tune Of
six to eight millions at the expense Of
. the Illinois Central railroad company.
In order to ascertain the truth or tai
sity OF these charges, a Tribune reporter
, yesterday called upon MIR. Douglas a
his residence, corner of State and Eri'
1 streets. Mr.. Douglas is a man of yer,
e few words and averse to being interview
/. ed by newspaper reporters. There il
= nothing he dIslikcs more than to hav'
J.. his name appear in q paper. The re
porter preached the subject by saying
/ that he had come to learn what he ha'
to any In regard to the charges made IL
+ i the Springfield State Journal. Mr.
Il Douglas said he had not seen the article
~ nor did he care about it. He never tool
n any stock In newspaper stories, nor di'
"a he mean to contradict anything himself
!, "But." replied the reporter. "the art
l. Gle makes no charges against you; o
t, the contrary, it defends you against tn
IS injustice done you by the directors of tn
road"
TO "What :" exclaimed Mr.. Douglas, "a
ID Injustice done to met No one did an
N injustice to me. Have you got the art
lie Gle with your
er The reporter replied that he had, an
Is at once pulled out of his pocket the sli
I'd containing it and handed it to Mr.. Dous
e. las. who took it and read it very attel
e. lively. When he got through he replie'
& with much emphasis, that the articl
e. from the beginning to end, as far as it r.
ie lated to him, was tissue OF falsehood
IN which eminated from the brain OF MIR.
n l.. Phillips, editor of the Springfield Sta
RI Journal. "You must know" Mr.. Doui
las continued, "that a feud has existt
between Mr.. Osborn, one of the primo
ed pal stockholders of the road. again
If whom the article is directed, and NJ
ne Phillips for the last fifteen years, al
re when all opportunity offers PHILLIP
re lets loose one of those phillipics."
he "Then there was no trouble betwee
III you aud the directors?" inquired the r
IN porter
"a, "Not the least" said Mr.. Dougla
W. "The Board accepted my resignatit
Ia very reluctantly, and only after perez
IT. torily refused TO be elected"
"What induced you to resign!"
er' ~ am getting DID," replied Mr.. Dou
m las, "and think ] have done enoui
'ot hard work for the road. need rest We
Oh badly. That was the only reason, al
nR none other"
we The reporter tried to get some furth
au information in regard to the southern
'"' vestment, but Mr.. Douglas thought
~ had said enough. Mr.. w. X. Ackerma
"e the Vice-President aud Acting Presder
could give all the other Information.
ik' The reporter then called upon N
lk- Alderman and stated his mission. II
ia gentleman, though not DESTROYS OF q