The Evening critic., 1885-03-20

monthly Meeting of the g. q o. O


Monthly Meeting of the g, q o. Ca
nal Company.
The Board of Directors Of tho Chesapeake
& Ohio Canal Company hold their monthly
meeting yesterday at the Arlington Hotel.
Those present were Colonel l.. Victor Baugh-
man, presidents General James S. Berret,
Hon. Patrick Hamill, John Humblrd, Jas
A. l.. Mcclure, Spencer Watkins and Robert
A. DobbiD directors; Stephen Gambrill,
treasurer; Edward Mulvany aud James
z. Biser, superintendents, and John p.
Ayers, accountant. Tho business was prln-
cpally in tho direction Of preparation for
tho opening Of the shipping season, which
will begin at once.
The reports stated that the water was let
into the canal along its whole line, aud the
boats arc ready TO load coal 40 Cumberland.
President Baughman stated that there Is
good outlook for fine business this year
The board approved reductions In sala-
RIGS in number Of instances. The salary
Of the collector and superintendent Of the
wharf at Cumberland, Mr.. A. Willison, was
reduced from 81 500 q year TO 81 $50, aud
| the collector at Georgetown from 81 200 to
| $1OS0, a reduction in both instances Of 10
| per cont. The pay Of the two division
sunerintendents, Messrs. Mulvany and
Biser, was, fixed at $1,000 year each, with
| $3.50 allowed for their horses, instead OF
\ $500, reduction of $120 each. Tho two
clerks at Annapolis, Messrs. Thomas and
| Snowden, wero reduced from 5000 to $500,
| and the boss carpenters from $S0s month to
| SG0 These items of retrenohment will Sc
I cure further saving Of $4,000 year in tho
expenses.
President Baughman presented a tabu-
| lated statement showing tho condition Of
| the finances of tho canal, the amount Of
l L. Iac ..ns1 o.A - 81 Il.
! crease in the pay-rolls. The liabilities on
! December s., 1884, were $4,000. To this
is to be added tho expense estimate for
December, 1854, $13,123; January, 1855,
| $S,202, and February, 1885, $1l, 229, making
the total liabilities, $202,55i, OF this
amount $27 900 was paid from December 8,
1854, 10 March ID, 1885, reducing the liabili-
ties to $l75,55d. In addition to this $4,000
on the payroll account there was paid
$3.50 for interest coupons on repair bonds,
due January 1, 1885, together with $500
for interest on $4,000 note in bank and
for other expenses. This makes the total
payments Of thenew administration amount
to $33,250 In the three months.
| Tho decrease OF expenses in the pay-rolls
as compared with tito same months of the
previous year was as follows Payroll for
December, 1883, $17,6S337; for December,
1884. $13,123; decrease 6f 81, 56O.37 Pay
roll for January, 1884, $l0,t5l.5o; for Jan
uary, 1885, $S,2026S; a decrease oil
$2,25l91. Payroll for February, 1881,
$40, 460.77; for February, 1886, eii ,22o. 10
decrease Of 1921 67. Payroll ft~ March,
1884, $17,1s0.03; for March, 1885. esti.
mated, $4,000; decrease of $3.50 93
This shows total decrease in the pay roll
expenses for the four months of $50, 233ss
The president was congratulated by thu
members of the board upon the practical
economy he has enforced in tho manage
ment Of the canal. The board adjourned
to meet at Cumberland in April at the cal
of the president A number of Maryland
ers called at the Arlington Hotel to sec tn
canal men.