The Rugbeian. (Rugby, Morgan Co., Tenn.) 1881-1882, 1882-01-21

tighten my position If you will.
Laughter) | have carried out my
part Of the programme in as far as it
was possible, but circumstances have
lately transpired that have prevented
my accomplishment of the whole. And
| here wish to state that the stoppage
Of the Hotel was merely co-incident
with the dismissal of Mr.. Haigh. The
coincidence has been curious, but the
two things are quite distinct.
With regard to the expectations that
have been held ont for the future of
the Colony, | acknowledge that | have
been a false prophet and | am perfectly
willing to take my share Of the blame.
| am the last man to shrink from any
responsibility. | will now ask you to
listen to some matters of slightly
more pleasant hue, certainly 50 to me.
Of course you know it is very anxious
matter to know how the "war" is to
be carried on without funds. | am
happy to say that through the energy
and zeal of Mr.. Kimber, aided by such
assistance as | could give from my per-
soual means, the credit Of the Board
has been maintained, and | think the
Cashier, will tell you there has never
been any difficulty of obtaining money
from the Board, when 1t was here.
(Laughter.)
Mr.. Kimber has arranged with a
gentleman, a farmer from Norfolk,
England, a county as highly cultivated
as any in Great Britain, and where
agriculture is carried on with the great
est perfection, to come out to Rugby to
see if he can report favourably to some
seven farmers who have been ruined by
the hard times in England, but can
bring from $500 to $1,000 each. Yc,l
can multiply that by five and you have
it in dollars. What the result of Mr..
Oldfeld's (the Norfolk gentleman's
name) Investigations will be is problem
that remains to be solved. This is one
thing that he's given me a slight FLIP
of hope.
hope you will listen to me while
speak to you of myself. | have large
portion c" my capital invested here,
and | have given the best guarantee
Of my fervent desire for the success of
this place by giving up my home in
England and coming here with my
whole family.
Mr.. Killebrew writes me an interest
ing letter: perhaps you may not think
sol Shall | read it? (Cries of Yes \
Mr. Boyle then read Mr.. Killebrew's
letter to the meeting, the purport Of
which was that $25, 900 judiciously ex-
pended would have beneficial and
permanent result, and that there was nc
reason, with proper management, why
the colony should not flourish.
When | went home last summer
was satisfied that there was very little
prospect of carrying on an Englisl
colony on foreign soil particularly ii
America), and also that a management
carried on in America would be the
best thing. So convinced was /, that
spent six weeks in the Eastern States
en- leavouring to induce New York ant
Boston capitalists to interest themselves
in the scheme. But they buttoned VI
their pockets and refused money for al
enterprise where so much had alread,
, been sunk. have always said ant
, impressed it upon Mr.. Thomas Hughe
that it WAS an error to start with S,
small a capital, but he always assured
me he could at any time in the future
if it became necessary, raise additional
funds, and when | returned to England
without having raised anything but
fair words, the Board decided that they
must appeal to the shareholders ant
continue to carry on the thing them
selves. Understand, | am not except
ing you in the effort which we are now
making, and you will excuse me if say
that | think there has been back
wardness on the part of the settlers (il
the past) to respond to the efforts mad,
by the Board.
We are now trying to raise $50, ,00C
by mortgage. The money is to pro
, vide for certain outstanding liabilities
which fall due at various times, t,
reclaim lands sold by the State for non
payment of taxes, the costs of lookin!
} after this property, and margin to pa.
) legal and other expenses. This none.
has not get been rdised. Mr. Kimbe
) says, Il believe we shall pull through.
You have now, gentlemen, all th'
information | can give. | recollec
nothing more, but if there are an,
points on which | have failed to max