The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1878-07-04


boat company rail rates for their boat
servico-when the usual rate for bont ser
yiecis about one half that for railroad SER
Vice.
THE EVILS COMING.
Mr. Isaac Davenport said that he never
heard Of fairer proposition than Mr..
Bran ch's-it was, all other things being
equal, to give the preference in making en-
gagements for boats TO the Potomac Steam
boat Company.
He thought that il the boats were forced
upon the company again dire would be the
consequences TO the railroad company, and
great the indignation Of the people Of Vir-
ginia.
Colonel Fl. P. Jones made strong argu-
ment against the steamboat project, and de-
picted the railroad fights that would follow.
This company would be at war with the
Pennsylvania Railroad Company. and could
not hope to receive any assistance from the
Baltimore and Ohio Railroad Company,
which is itself rival candidate for the
southern mail and passenger business.
Mr.. BIDDLE SPEAKS AGAIN-THE DEED DONE.
The Chairman stated the question to be
on the amendment OF Mr.. Branch.
Mr.. Biddle: Stock-vote.
The Chairman: Mr.. Robinson, do you
second the call?
Mr.. Robinson: Yes, sir.
The amendment was rejected on stock
vote.
The question recurred on the adoption OF
Mr.. Biddle's resolutions, as follows:
Res0Iued, That in the opinion OF the
stockholders OF this company one OF the
lines for mail and passengers from Wash
ington to Richmond by way Of Fredericks-
burg should be in the day, and connect with
the line leaving New York at or about 8
P. VI.
Resolred, That in the opinion Of. the
stockholders OF this company there should
be an arrangement with the Potomac Steam
bout Company to run by steamboat to and
from the wharf at QuanticO that part OF a
day line between Washington and Rich
mond, upon the terms that the receipts de-
rived from passengers, the mail, and freigbts
by said day line from Washington to Rich
mond, and UiCe UersG, are to be divided be-
tween this company and such steamboat
company in the ratio in which such receipts
have been divided between this company
and the Alexandria and Fredericksburg
Railroad Company; and upon the further
terms that as soon as practicable the service
shall be performed by an iron boat or boats
guaranteed by the builder to haze an ave-
rage rate OF speed OF eighteen miles per
hour, and built to run through ice three
inches thick; and that the steamboat COM
pany shall have from this company no
greater or other compensation than is pro-
Vided by this resolution.
RESOLVED, That the stockholders expect
the president and such directors rs may be
appointed at this meeting to conform to the
preceding resolutions according to their
true intent and meaning.
Colonel Palmer called attention to two
great encrmites OF the contract in the re-
newed subsidy-tlrsl, in paying the boat
rail rates; second, paying the boat ior
the distance that the cars run-that is, for
more miles than the boat actually moves
over-the river route being shorter than the
rail.
Colonel Jones said that as he understood
it the steamboat company would get under
this arrangement % per cent. of the reye-
nues, whereas they formerly got but %.
Mr.. Biddle's resolutions were adopted by
the following vote: