The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-05-11

Ii is understood that Judge Robert Ould
will tender his resignation as president Of
the Richmond, Fredericksburg and Poto-
mac Railroad Company at the called meet
ing OF stockholders OF that company 10 be
held In this city on the 18th instant. He il
impelled TO this action, It is said, owing TO
the direct opposition on the part OF Mr..
Moncure Robinson and party, who own a
decided controlling interest IN the road, 10
the policy he considers himself In honor
bound TO pursue in regard TO for
mer contracts. the interest OF the road,
and The interest OF Richmond. The placing
oi the boat line on the Potomac between
Qnantico Qhe northern terminus OF the
Richmond, Fredericksburg aud Potomac
raIlroad) and Washington seems 10 have
been a great bobby with Mr.. Robinson for
years past, and he clings TO it with a de-
termination that brooks no opposition.
Friends who cannot agree in the boat ma
MIA are friends no longer; officials who fail
10 see and act in harmony with what he IN
bis power has decided must resign their
authority or have 1t wrested from them.
Judge Ould has doubtless clearly seen
that he must sacrifice his word, the
interests CT the road and Richmond,
or give up the presidency Of the road.
Tc continue in the office and carry out the
Robinson policy, he must sacrifice his word,
since that policy makes him utterly power
less 10 carry out his former a rtement and
contract with the PennSvivania railroad AL.
tborities; be must sacrifice what he con-
sidered the interest Of the road, since such
DOiicv would destroy their all-Tai connec.
ton with the North, aad force the Govern
ment to take from them the present mail
contract. For like reason il would be dis
astrous to Richmond. It would deprive her
of direct rail communication with the North,
divert from her much Of the present travel,
and as far as the X edmond. Fredericksburg
and Potomac railroad route is concerned,
reduce her practically 10 a mere way-sta-
ton. Judge OuId, 10 must be understood,
is not opposed 10 the establishing Of the
Potomac boat line in connection with the
railroad, for he has arcued that as merely
offering a choice OF boat aud rail travel, u
would serve aS a benefit aud accOmmOda-
tion TO the travelling puDIic. II would
seem, however, that the Robinson
policy Is not cOnteut with the fact
If placing the old DOat line in connection
with the railroad, but Il 20 di.criu.inates
agairS: the connecting railroad tuat the
Pennsylvania company has Slgnifed lis de-
termination OF Withdrawing rather than
submit 10 Sucl grave injustice.
The principal feature Of discrimination
j. their determination TO make the rates Cid
the boats lower Than by rail.
Major L. ID. I. Myers. superintendent Of
the Richmond, Fredericksburg and POto-
mac railroad. having been elected president
OF the Petersburg railroad. and also en-
aineer Of the Richmond and Danvile road.
il j. understood VIII tender his resignation
As superintendent Richmond. Frederlcks-
burg and Potomac railroad al a meeting Of
directors 10 be held on next Saturday.
While the directory will naturally With re-
uc;ance part with such an efficient officer.
il would seem almost unreasonable TO con-
iinue him IN his present ab0riOuS duties, in
addition to the two responsible positions
which have been rendered him in other
companies. and which II Is nov definitely
understood he will accept. Major Myers
left Yesterday afternoon for New York.
With these Two Tesi.nati0nS Of important
officers. and the causes which led TO the
action OF at least one OF them, It is more
than likely the coming meeting OF stock
holders here this month will be attended
with deep interes, and will mark a decided
revolution in the management OF the road.
With tie election OF a new president, a new
directory will in all likelihood follow. and
there Is no telling what will be result OF
carving Mr.. R)binsOn's policy into active
operation.