The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1884-09-19

BosToN, Nov 10, 1SS1.-My Dear
Blaine: | am in receipt of your favor of
the Sth inst. from which | am led to in
fer that the contracts made through you
to your eastern friends have not been full
filled on my part, but such is not the fact,
as | have delivered each and every one of
them, all the securities, in accordance with
the contracts, and they have surrendered
to me my obligations. You are well aware
Of the condition of the road and that you
have received your full proportion of the
bonds to which you were entitled under
the eastern contracts when you consider
the length of the road only completed. /
think you can readily see that | can make
no proposition further than as the road
progresses to deliver your bonds in accor-
dance know but little of your obhga-
tions to deliver bonds to others, but TAX
ing into account the 500, 900 bonds you
sold to Tom Scott, and the amount of
money you received on the eastern con-
tracts, our relative positions, financially,
in the Little Rock & Fort Smith railroad
bear q wide contrast Mr.. Caldwell is
here, but | have not seen him, still pre-
sumo he has paid proper attention to your
letter addressed to him. ! remain with
kind regards, WARREN FISHER, JR
The following was in reply to Mr..
Blaine's letter of April -, 1872, already
published:
BOSTON. April 16, 1S72-My Dear
Blaine: Your favor of the 18th inst.
reached me this morning. am surprised
at its contents. | have loaned you at
various times, when you were compare
lively poor, very large sums of money,
and never have you paid me one dollar
from your own pocket, either principal or
interest. l have paid snndry amounts to
others to whom you were indebted, and
these debts have been allowed to stand
unpaid like the notes which ] hold.
have placed you in positions whereby you
have received very large sums of money
without one dollar of expense to you, and
you ought not to forget the act on my
part. OF all the parties connected with
the Little Rock & Fort Smith railroad, no
one has been so fortunate as yourself in
obtaining money out of it. You obtained
subscriptions from your friends in Maine
for the Building of the Little Rock & Fort
Smith railroad Out of their subscrip>
| tons you obtained large amount, both
of bonds and money, free of cost to you.
| have your own figures and know the
amount. Owing to your political posi-
ton you were able to work off all your
bonds at very high price, and the fact
is well known to others as well as myself.
Would your friends in Maine be satisfied
if they knew the facts? Are my associates
satisfied to have you obtain $25, 600 for
Northern Pacific railroads and you not
make the investment as per
agreement? The ecourse you have
thought proper to take in regard
to my request is rather a poor one,
taking your relations with me, and again
ask you to reconsider and grant it. You
will find it much easier to pay by obtaining
the credit, and ] selected that course,
thinking it to be the best. If you again
decline, shall be obliged to use to use
the notes or sell them to outside purchas
ers. Necessity knows no law. Whatever
bonds are still due to you will be deliv-
cred as the road progresses To the Other
portions of your letter | make no reply
You know the facts. 1t is sufficient that
| know them. and it is useless to mention
them at this time. Please answer at once
I am, respectfully yours,
WARREN FISHER. JR
The reply to this letter is Mr. Blaine's
letter of April IS, 1872, already published
The expression, obtained the credit il
the above letter, refers to a request by
Mr.. Fisher that Mr.. Blaine would give
him a letter on credit SO be drawn agains
by Mr.. Fisher, during proposed
European trip-Mr. Blaine being at the
time indebted to Mr.. Fisher for borrowed
money, for which Mr.. Fisher held Mr.
Blaine's demand promissory notes.