The news & observer., 1897-02-27

announced that the committee would
hear further evidence on Tuesday from
II to and then the investigation would
close This shut Hoffman out and that
was all that Butler contended for
-
This is one of the greatest questions
that has ever been before me-" said Ash
burn in opening, whereupon there was
laughter.
/ Person (colored) asked Butler if they
passed the 10 per cent amendment would
he vote for the substitute. Yes" re-
| piled Butler. Then we will pass it," re-
joined Person, amid laughter. But Per
son voted no all the same.
From Ashburn's remarks: "If there
was difficulty in getting. the Southern to
1 put up collaterals, it would be much more
difficult to get collaterals from the s. A.
/ H. and that is the way / viii dispose Of
| the question Of collaterals." Uaugh-
teri
| Ashburn asked Butler if the Seab0ard
had any collaterals to back it's bid. Mr..
Butler replied telling Mr.. Ashburn
/ that no collaterals were put up by the
| Southern-until after the contract was
made with them-and even then, accord
| ing to the testimony Of General Hoke,
there was some delay by the Southern
in putting UP the stuff"
The questions of Ashburn to Butler.
| Aslaburn said he was not lawyer and
Mr. Butler thought he was, for Butler
Thought a lawyer must have inspired
such questions. The questions.
First-Did the president of directors of
the North Carolina Railroad, who were
in office on the date of August 10th, 1895,
have the vested right to make and enter
into a contract leasing the North Caro-
knit Railroad.
Second-4Did the law provide that the
directors should advertise for COM
petition bids?
Three-Have we as a Legislative body
the right to pass a retroactive law?
| Rour-.Will we not have to prove that
the Directors acted illegally in making
this lease before the lease can be invaE-
dated2
Senator Butler answered these ques-
tbons easily, readily and satisfactorily,
and turned thelaugh ON Ashburn by ask
ing HIM who prepared the questions.
Be not led astray by this false offer
of d few per cent higher! (Anderson)
He did not want the people to be led off
by the meteoric bid of the Seaboard, but
to stick TO the 'Old North Star" which
no doubt was the Southern" That is
good. No doubt Col Andrews will now
change the name of the system to "The
Old North Star line" No The Old North
Star refers to this State and its people
win never be confounded with a corpora
tion that lives on the sweat of these peo-
pie.
"Are there amy more remarks? If not,
the chair viii put the question without
the previous question" announced Lieut..
Gov, Reynolds yesterday
| Grant actually made the old rotten
threadbare argument that the lease in
terest was high enough, that money was
seeking investment at to per cent,
and yet in the next breath they claim
that money is kept out of the State be-
cause of the 6 per cent law.
At minutes to II Col Andrews ac-
cOmpanied Senator Wakefield to the lob
10y anu sIL I%sOJ btIttg CtIIcISeQs
At 1907 Col. A. B. Andrews was shown
to a pleasant seat by Representative
Gambler, of Buncombe.
At two minutes to 5 Senator Wake
field voted with the Railroad.
-
"Of him it might be saad with a slight
change that he stood four square to all
the winds that blew" said Senator An
derson, speaking Of Russell The slight
change was no doubt Russell's rOundness
instead Of squareness to the winds.
x
Jim Moody, Of course, was on hand.
The gallery was filled with women, the
youth and beauty of Raleigh's society.
These limitations do not by any means
exclude the mothers of the city who were
abundantly in evidence as were the SEN
ators themselves.
Grant suggested some Hypothetical at
tempt to go back on the private stock
holders. Nobody had contemplated
such a thing
Grant said the people living along the
North Carolina Railroad would after oil
have to pay the interest. That was a
st,1t IA remark Did he ever hear of
through traffic which amounted to $780,
600 last year, against 100000 local.
.
at was not their business" said An
dersOn, ITO notify every man in the
State, amy more than it was for the
legislature TO notify the people of the
laws it were going to pass" That is
so Mr.. Anderson, one is no more nee
essary than the other Had the lease
making been as open as law-making
there would have been less objection.
'"rhat, / believe, is a fraud; that the
ueople of North Carolina believe is a
fraud!" exclaimed Sharpe, of Iredell.
In n.,Al,1l..at c.f n1arALn oil