The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-05-29
|, determined nv conduct. But there were

lutions OF 1878 10 require me 10 agree 10 a
contract OF discrimination as to fares against
the rail line. In that matter was untram-
melled and free TO pursue such course as
the true interests OF the road required.
found that when in October last, In obe-
dience 10 the requirements OF the resoIu.
tions OF 1878, attempted TO inaugurate
policy OF exclusion. 1t was met by resist
ance on the part OF the Pennsylvania road,
and the outcome of the matter was the
threatened Withdrawal OF the rail line be-
tween Quantico and Alexandria. the diver.
sion OF the mails to another route, and other
imminent perils. These flcts were enough
TO call halt last November, but 1t seems not
4 sufficient to- arrest the policy OF the Phili-
delphia stockholders this spring. The in
auguratlon OF the proposed policy means
the loss OF sleeper travel, which is more
than fifty per cent. Of our through business
the loss OF our mail pay, which Is over
$50, 900 per annum, and the reduction Of our
revenue from more than thousand dollars
day 10 q sum which i would be reluctant
10 name. Ii is practically question whether
we shall be in the line OF travel and traffic in
the great northern and southern route. |
believe the true policy Of this road is to
pursue course OF justice and liberality TO
all connecting lines; 10 abstain from every
act Of hostility to them TO encourage CO.
operation with them to afford every accom-
modalion to the public; 10 establish the
lowest fares consistent with reasonable
profits; and 10 keep abreast with the times.
alt has been my wish and endeayor du-
ring my incumbeDcy OF the office OF presi.
dent OF this road to be governed by these
rules. But my methods are not satisfactory
TO those who control majority OF the stock
Of this company. and | therefore respect
fully tender my resignation OF the office.
"ROBERT OULD."
AGAINST ACCEPTING THE RESIGNATION.
Mr. Seddon offered the following:
ResOiued, That the stockholders OF the
Richmond, Fredericksburg and Potomac
Railroad Company having heard the reasons
assigned by President Robert Ould for ten
derng the resignation OF his office, do ap-
prove OF his conduct in refusing to concur
In, or carry out policy which could not
prove otherwise than most detrimental to
the interests OF this company, and earnestly
request that his resignation be withdrawn.
Mr. Elliott moved as a substitute that the
resignation OF President Ould be accepted,
and Mr.. Chauncey, in secondng il, called
for q scaled vote upon the substitute.
Mr. Kelley here spoke with great warmth
in favor OF The original resolution. He de.
sired TO know from the stockholders, who
were in favor Of accepting the resignation
o.! President Ould 1.-THE Robinson party]
wherein the paper just read by the pIesi-
dent differed from the truth and the facts in
the case, and said he was not prepared to
vote upon the question until those facts
could be controyerted.
THE OTHER SIDE.
Mr.. Chauncey here arose and said that the
policy Of the road was declared by the reso-
Tuition Of the Board establishing connec-
ton with a daily line OF boats from Qnanti-
co TO Washington; that this company should
never for day surrender lis independent
outlet vid the Potomac river. 1t was true,
he continued, that as a result OF the cOntro
yersy between the Philadelphia road and
the Potomac Steamboat Company the com.
pany bad tociHy agreed 10 withhold its boat
line for time, but had not surrendered ITS
right 10 continue them. He then proceeded
to give a history OF past contrOc's in sub
stance in keeping with that OF President
Oud. He said it was apparent 10 every
mans mind that the steamboat line could
not maintain itself In competition with an
allrail line. 1t was only their intention to
offer 10 The traveller who would accept a
slow route and one with broken connectic1,
II
than bg the direct line. The company had
a perfect right to allow him such choice OF
route. He did not mean to say that they
were going TO institute an arrangement OF
cheap travel, he only maintained that the
company had the perfect right to maintain
It's independence OF on outlet by the steam
boat line. He respected Judge Ould for
following the dictates OF his conscience,
but by what reason should they give up
their conscientious convictions to satisfy
him IL! Their differences were eirreconcilabe,
and they would therefore be bound 0hough
reeretfully) TO accept his resignation. They
intended to maintain their right TO run their
boats at lower rate.
ARE THE RAILROAD AND STEAMBOATS, INTER-
EsTs IDENTICALy
Colonel Jones said he failed to see, from
the gentleman's remarks, how the interests
OF the Richmond, Fredericksburg and Po-
tomac Railroad Company were advanced by
this closer connection with the Potomac
Steamboat Company, and II there was any
gentleman present who could answer for
the Potomac Steamboat Company he would
like to hear from him.
Mr.. Chaunccy said he could say in behalf
OF the Potomac Steamboat Company that
without the ability TO protect its own inter-
ests it could not exist.
Colonel Jones said he wanted to know
what were the great advantages (as shown
by the recent experience Of six weeks rum
ming OF the Potomac boat) TO this company.
"Let him tell u.s." he continued, "wbat
advantageous results have come out Of this
running OF the boat and breaking connec-
ton with a railroad which has increased so
materially the revenues of this road"
Mr.. Chauncey said that SIX weeks was by
no means a fair test OF the results that
might be expected.
Mr.. Charles L. Williams here asked Mr.
Chauncey if as they proposed to make the
fare 81 cheaper by the boats, upon whom
was the loss by this reduction 10 fall-upon
this company or upon the Potomac Steam
boat Company To which Mr.. Chauncey re-
Piled that The gentleman had been misin-
formed; that they had announced no such
reduction.
A NICE QUESTION.
Mr.. Robinson here called the previous
question. when Mr.. Dooley offered Il resolu-
ton calling upon the Chair 10 appoint a
committee who should examine into and see
il this body were legally constituted. In
support OF his resolution be said that this
was O question TO be considered before all
others that had arisen. Much discussion
ensued upon the point here raised, but the
Chair (Mr. Cannon) decided that The resolu-
ton was out of order, since the previous
question had been called and it had TO be
maintained. In bis mind, they could not
entertain the resolution to 90 into the ques-
ton OF the legality OF the present organiza-
tion when the previous question had been
called.
| Moior Stiles tbouoht that the proceedings