The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1885-03-19

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nilrcsd. aal NJ. Cashsld sslt that BIZ
Arss pcsss - 10 sesars ths sctivs co.sp'
CRATES sf NJ. 0edss. II ~ sens ds,s
bsioss be cesls ga Mr. osaea 10 give any
, ass<slios 10 Il. bus hsslly secured 40 ap'
poistnsnt 9Th hin AID enlisted Tho inter
sss Of M. Ogden 10 such an extent they
eopsinusd their discussion from . O'Clock
Ia the morning until nidnieht
Gov. Smiih Of Vermont Judge Rice Of
Maine. Mr.. Cheney Il Bostca aud Mr.
CAnnsli Lsd slrssdy, 10 order 10 save the
project iron bsins absorbed By Tho Grand
Tssak railroad. pnrchased from Mr., Per
ham and bis associates I'll their interest Ia
the company Csunelds plan Sas "a
form syndicate Of twelve men. represent
Ing the leading railway. express and srsns.
portasion interests Of the country. and "a
give to each oue-twsifth Of the enterprise,
they paying therefor their proportion 81
the original cost. assuming equal respcnsi-
bility Tor the cirti6cAss and stock which
Psshan had issued. Thus tho twelve
you'd sss The whole enterprise each sub
scsiber coming 10 on the ''eround floor. y
Msssrs. smith. Rice. Clancy and Garfield
makisg no charge for III they had done.
The twelve names represented by Mr..
Canfsld we're acceptable 10 Mr.. Ogden,
But hov much money" be asked, will
each have to pay. and how long will II
taksg"
Mr. C~nilsid frankly replied, that il
vas long road 10 travel. that II had both
bitter sPd strong enemies in and out Of
Congress. AM. that II would take consider
able money 10 make surveys aud 10 do
preliminary work upon 40 long route
across tbs Rocky Mountsios"
..whA.. then" said Mr. Ogden twill be
the chance of our getting orr money
back?"
About one III ATTY" vas the reply Of
Mr.. Garfield.
"A flns chance" said Mr.. Ogden. and
upon what grouud. then. Mr.. Garfield, DO
You AK us to put up our money, with so
little prospect Of Feturn?:
Upon this ground, Mr.. Ogden. this en-.
terprise is one Of the greatest ever under
taken in the world--it is equal TO that Of
the East India company is the only
continuous charter ever granted across
this continent, from water to water. and
with the prevailing sentiment, which is
increasing 10 this country, Of hostility to
railroad grants assisted by government
aid OF subsidy or even wild lands, il this
10 allowed to lapse. another will never be
granted; it will open up an empire, now
occupied by the savages, which will fur.
nish happy homes for millions Of the poor
Of this aud other countries, and the re.
sources and wealth which it will dsvelops
will simply DO incalculabls; and withal, il
will form the great highway for the trade
OF China, Japan and tho East, across the
continent. Il is due to the people Of this
country and to this nation, that you. gen.
tlemen, whom Providence has placed At
the head Of the great transportation inter-
ests Of the country. should step in at this
crisis and use your influence and advance
your money to save this magnificent enter.
prise from destruction"
swell, Mr.. Garfield that is high aud
noble ground. The charter must be saved
aud ! will take hold with you. Meet me
At my Office. 81 Broadway, tomorrow morn.
ing and we will lay seige to the directors
Of the Chicago aud Northwestern railroad
whose influence we must enlist"
II WAS past midnight and Mr. Garfield
retired much lighter hearted than when
be left Vermont. He telsgrsphed TO Yer
mont to Gov. Smith to come to New York
and with him spent most of the tenth day
OF January. 1867, At the Fifth Avenue ho-
tel, in putting on paper the agreement for
the twelve parties to sign, which was
really the constitution, upon which was
based the future proceedings and which
was after wards known in the affairs Of the
company - the "Original Interests Agree
ment. II was late in the afternoon when
they took this document to Mr.. Ogden,
which, after discussion aud explanation,
received his hearty approval without .
single alteration.
swell, gentlemen" no said, sis there
anything else TO do?"
Eyes. one thing more" said Mr.. Cam
field, "ths: is, for you to take the pen and
put yonr name to this paper for one Of the
one-twelftl, interests"
''Bnt it II so lark, said o sdsn. Il 10
not know Us | can ses TO write. aud II l do
a. you can read IL"
"Well.' said Garfield. TRY 1t and w
will accept the signature for better or
worse" Mr.. Ogden signed his name and
they separatsd. A. Smith and Garfield
walked mp Broadway, passing Trinity
church. Gov. Smith said that be felt that
: critical turning point in the Northern
Pacific enterprise had been passed.
Mr.. Garfield soon after procured the
remaining signatures to the agreement,
which composed syndicats - follows: J.
Gregory Smith and his associates, r. d. |
Rice ssd Thos. H. Garfield, 42-3 shares;
VIM. b. Ogden, ! Ia shares; Robert H |
Berdell, ! share; D. N Barney and d. p. |
Cheney. share jointly; Gsorse " Cass,
l share; J. Edgar Thompson. share:
Edwin Reilly, STARE.
Tho agreement provided that each Nom
Der should contribute bis proportion to I'll
funds that shonld be required; tbs: each
share to any outsider without first Offering
i TO the Others until the road was com.
Mated In uursusnr. nj fl.fs ,,lan s;~ afl