The daily Argus. (Rock Island, Ill.) 1873-1877, 1876-09-26

uuduCidi pdpCi. ~ WoS Ills DIUtucTs unuo
Hausmeister, who was here last winter,
by appointment Of the Frankfort Committee
to examine into Osterberg's management,
which he did and reported. through his
brother, to the Committee. And during
the debate on the election of President and
General Manager Mr.. Max Hausmeister,
made quite lengthy speech. 1t had been
charged that Max Hausmeister was work.
ing for the place for his brother, and
we give an extract from his speech on
that subject, and also about Ostorberg, as
follows:
II hereby declare that would not per-
INIT my brother, under no circumstances,
"even if you should want it, to have any
thing to do with the management of the
"road, -bnt I am strenuously opposed to
"a reelection of Mr. Osterberg. Through
"a number of communications | have
learned circumstances, based upon facts,
that pr0ve has administration to haze
been an utter failure; that he hostilized
himself, the first day. with neighboring
roads that he has run the road at a
| ''son that can be thought of, and has, in a
very short time, brought the road to
"such point that just those whose CO.
operation is most needed do not want
anything to do with us any more"
Mr.. Wesendonk: II move to empower
''our newly elected Committee to send
that person as President. to America,
whom they deem Gttest."
A long discussion ensued, 10 which Mr..
Shady said:
Il propose to authorize Mr.. Osterberg
"as Intermediate President, or re-eect
him right away as President.
Osterbergs friends struggled for him,
made speeches for him, etc., but it was of
no use Mr.. Schumacher said if Osterberg
was re elected three members of the com
mittee (Peisser, Kraus and Schumacher
would resign Immediately. From Schu-
makers remarks it appears that the bond
holders would only consent to give Oster-
berg nominal Endorsement by putting
him on the Committee; that he promised
if they would do that he would not try to
be President again. Mr.. Schumacher
said to the meeting:
Il pledged my word of honor that he
"(Osterberg) had assured me that he
would not be President for an hour longer,
after the road had come into our posses
'sion. have to stick to my word, and If
The accepts we must resign.
Herr Petsch Coll then made flaming,
spread eagle speech for Osterberg, in
which he claimed that if Osterberg was
not reelected President aud General Man
ager it would be tantamount to a vote
of wan. of confidence in him; it would
show that all that had been said about
him 10 the newspapers and otherwise was
true; that Osterberg had been charged
with being an untruthful, incompetent.
| unreliable and dishonest man, and not to
re-elect him would be an admission that
the Committee believed the charges made
against him, ADD he wound up by moving
that Mr.. Osterberg be requested to ten
porarily remain 10 his position and that
the Committee be authorized to substitute
another President" This motion was not
adopted.
| Mr.. Wesendonk: II move that we
''elect Mr.. Baltzer as President, and that
the present President remain in office
until Mr. Baltzer enters upon bis du
ties"
After a good deal Of discussion the
chairman SAID;
Are you willing that Mr.. Batzer be
entrusted with the Presidency and Admin
'lstration OF the road, and that he be in
stalled into the Office as soon as possible
by the hitherto temporary holder of the
position"
This motion was adopted with only dis
senting voices.
Mr.. Wesendonk: This motion ius
adopted fixes Mr.. Baltzer as future Presi
dent of the st. Louis, Rock Island & Chi
"cago railroad. and [ ask Mr. Osterberg il
he will, for the present, continue hi:
functions.
i Mr.. Osterberg: Yes, if MIR. Baltzer &C
cepts the Appointment"
i After some other business the meeting
| adjourned.
| Now, these things are shown from
pamphlet, printed in German, the print.
| ing of which was done in Frankfort, under
Osterbergs direction and from notes takel
by one of his reporters aud made as much
as possible in his interest. 1t was trans
lated in this city, the translation having
been handed to US for perusal and use
Osterberg has left out of the pamphle
many things which occurred and which
make strongly against himself, and he ha
added foot notes to shield himself from som
of the damaging statements which had tt
be printed in it.
y We have also read a'translation of let
ter from Mr. Max Hausmeister, dated a
Stuttgart, July %, 1876. in which he re
views the Osterberg German pamphlet
and says: The steuographic report abou
, the Rockford business and the remarks OF
!. Mr.. Osterberg, contain many falsities
Mr., Hausmeister then goes on to poin
; out the falsehoods and errors in tn
! garbled report, and the omissions-all o
which were done 10 the interest of Oster
J berg and under his eye and by his order
aud Mr., Hausmeister, in this letter
says his only object was to rescue the roa,
> from what he calls ''Osterberg's bad, loos
and careless management" and realize a
muLh as possible for it.
The extracts we have given from tn