The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-19

more active, ana ecOHouicif aau'ulslAaton
would so strengthen the credit OF the com.
pany az to save 1t from impending ruin, and
ensure the speedy extension OF the canal 20
the line OF the Chesapeake and ONO railroao:
These opinions have been confirmed and
strengthened by my recent thorough exami-
nation into the condition. management, and
resources OF the company. am convinced
that TO continue Its present policy and man
agement must lead to disastrous emDarrass'
ments, If not to speedy ruin and bankrupt
cy; and further, that the antagonsm OF
views existing among the present represent
atiyes of tue State in the company will be
mr.. judicial to its interests. In order, there.
fore. 10 open the way for the Board OF Pub
lie Works to appoint others who shall be 10
full accord upon the policy and management
of the company, have proposed to my CO.
proxies that we should resign, and, accord
ingy, I hereby respectfully tender my resis-
nation us State proxy 10 the James River
and K4nawhs Company.
Very respectfully,
w. Is. ROBERTSON.
Cam of letter addressed 10 DR.. 1rchsodtd
Graham and T. " Nc Cance,. Esq.,, otdte
proxies, copy Of Uhtch 1cds also SEM 70
the Board of Public works:
LrxcBBURG, VA, January IL, 1876.
Dear Sr,-As means OF restorlng nal.
mouy to the management oil the james hlVer
and kanawha Company and OF establishing
il in the confidence Of the cities OF kicnnopu
ard Lyncbburg-a confidence which is es'
scntially necessary to the success OF tn's 'u'
nrorpment-I propose that the present state
nroyies shall at once resign and allow others
70 be appointed before the adjourned meet
ing of stockholders in February. trust
tho, YOU will i1in with me in this effort to
nrom),e the interests Of the company ana OF
tbe State. In making this proposition Ior
Won voluntarily to resign so important pub
lie trust in the interest OF the State L am
sure do not over-es.imate the public spirit
bv which YOU are controlled and feel con.
fident that you will not permit any mere
Dcrsongl considerations TO stand In enc way
Of great public good to the whole State.
AS q furthcrmeans of securing the &c lred
end, and ffTectualy preventing any partisan
combinations, ! suggest that the Board OF
Public Works allow the Common CouEcils Of
Richmond and Lynchburg each to nominate
one proxy, and the members OF The Ltgl>la.
turc from the Upper James River counties to
nominate the third. / believe that the APP
poiutment Of new proxies, and elected m
this way. would give such an assurance OF
harmonious and vigorous action aS would at
once establish the company III the confidence
of our people and result in tie speedy CON-
pleticn of cur canal to Clifton Forge, which,
in nay opinion, will do more for Virginia
than any public Improvement ever made IN
The State. send my resignation TO the Board
of Public Works by the sanfe mail with this.
Very respectfully, W. b. ROBERTSON.
Mr.. N'CANCE's REPLY.
RICHMOND, January 13, 1876
Dr.. W. B. Robertson, Lynchburg, Va.:
Dear Sir, Your letter of the llth instant
to hand. Contents carefully noted.
think your impression that there Is want
OF harmony in the management Of the James
River and kanawba Company arises from
the fact that strong friends of the extension
of the canal do not see life enough in the
scheme you and your friends SO earnestly
advocate as 10 adopt it without more light.
| Sucl surely is my case. You are correct in
your inference that the public good alone
| Influences me as State proxy. The position
| was conferred on NE without action, dire C, or
| indirect, on my part, and shall be prompt to
surrender it when desired and the intimation
comes from the Board of Public Works. An
earnest friend OF the water line for about
| forty years, and second to no man in the
| State in the desire 10 see Tue canal extended
| TO Clifton Forge, do not agree with you
| that my resignation as State proxy will facll.
tate that object; therefore decline your
proposition to tender my resignation.
Yours respectfully,