The Grange advance. [volume] (Red Wing, Minn.) 1873-1877, 1877-05-23
VOL. w.

Gen. Hubbard is well-known to
most of our readers and is known to
be an honest, honorable citizen
who is not likely to be influenced
in his conduct by any unworthy no.
tive. He is also known to be a
public-spirited gentleman, anxious
to do all in his power to advance
the prosperity Of the State, Of which
he has long been prominent citi-
zen, and of the community with
which he has been identified for
years. He is large owner of real
estate and is as much interested in
low taxes as any body else; hence,
what he says in the following letter
deserves to be needed, for it cannot
be disputed that it is the sincere ut
terance of an intelligent gentleman
who fully understands the subject
about which he writes. We publish
with it an Introductory note from
Ex-Gov. VIM. r. Marshall, to whom
MI. Hubbard addressed his letter
in reply to one from the gentleman
TO the Editor Of the Pioneer-Press:
beg to hand you for publication a
letter Of Gen. Hubbard, member of the
commission created in 1866 to enquire
and report concerning the State rail
read bonds, and the disposition of the
holders in respect to settlement. 1t il
important as testimony to the point
that the holders of smaller amounts OF
bonds would agree to the terms made
with the larger holders.
I am sure that the decided support
which Gen. Hubbard gives the pending
measure will be hailed with satisfaction
by all who regard the fair fame of the
State as at stake in the pending ques
ton. His opportunities have been su
perior to judge Of the merit of the ques
ton and the best interests Of the State
connected Herewith.
W. R. MARSHALL.
May 81, 1877.
LETTER FROM GEN. HUBBARD.
RED WING, May 10, IT.
Gov. W. R. Marshall, St. Paul:
Dear Sir:-Yours of the 18th inst.
at hand. I do feel an interest in tn
success of the measure for the settle
ment of the State railroad bonds, ant
should regard its defeat as the 'fmis
take of lifetime" upon the part Of tn,
people of the State. had looked up
On its adoption by nearly unanimou
vote as a "foregone conclusion" unit
recently. The opposition to the propo
sition lately developed has greatly sur
prised me. The rejection of the pend
ing proposition would certainly be
grand opportunity lost,' and perhap
the last one, for favorable settlemen
Of this ugly question.
I have no doubt nearly all the holder
Of those old bonds would readily accep
the terms agreed to by Chamberlai
and that are offered by the act Of las
winter. This opinion is based upo1
the information obtained and impres
sions formed while acting upon the com
mission in 1867. With an occasiona
exception (the chief one being Cham
berlain himself, all the holders of thes
bonds at that time, with whom our CON
mission conferred either in person or b
letter, expressed themselves ready to az
cept such settlement as the large hole
ers would agree to, or that the Stat
would accord to the ''most favored.
How they may feel after the lapse Of te
years We can only surmise, but it
reasonable to presume that "hope d,
ferred' for the length of time woul
make them feel only more willing
agree to a settlement they would hay
accepted then. Had Chamberlain mad
as liberal an offer ten years ago as h
makes now, l think our commissio
would have unanimously recommends
the settlement of the bonds upon tn.
basis. '< >.>-,s -
I sincerely hope. the measure ma
succeed, and if my time was not entir
~ absorbed by my business duties
should try to do some work for it.. 81"
Yours truly,
L. F. HUBBARD
One of the men who has e1
gagged in the permanent Intern
tional Exposition at Philadelphia
declares his intention to stick to !
till the next centennial anniversar
if it does not prove as profitable ;
he hopes.