The news & observer., 1901-03-12
SEABOARD HAS NOT BEEN SOLD
SAYS PRESIDENT WILLIAMS
1t is Still an Independent Line and is Likely
to Remain so and Under Its Pres
.""@"- ent Management.
PRESIDENT WILLIAMS In RALEIGH SUNDAY

been purchased by parties allied TO th'
Louisville and Nashville, or any othel
system, is an idle one, and without foun
dation. | regreat that newspapers shoulC
be willing to frequently and periodical.
give currency to such reports. / and m!
immediate associates own controlling
interest in the Seaboard System. Ny
financial interest in it today is larger
than it ever has been before. The condi-
ti0n of the system is stronger than ever
and earnings are heavier than at any
time in its past history.
I'VE are satisfied with the property
inlend to hold it and operate ii, and d
controlling interest in the Seaboard Ali
Line System is not for sale to anybody
at any price.
Senator Ward thought the matter of
fixing time for the trial ought first to
be settled He favored next Monday,
as he was sure the House could not get
through earlier He would amend Sen
ator Woodards motion to that effect
There was no second to this and it was
lost.
Senator London said he wanted to
protect against postponement. Counsel
70 rthe House were present. counsel for
the Respondent were present and wit
nesses We're on their way. AS for legis-
lative work, the Senate's calendar was
about clear and it could easily keep UP
with the House by holding session.
Senator Morrison thought adjourn
ment ought to be taken till Thursday,
He had been told by prominent mem
bers OF the House that the Legislative
work would be completed by that time.
Senator Woodard's motion having
been Withdrawn and issue joined the
oath was again administered to the
members of the court, as required by
the Constitution. They were sworn, as
en- organization of the court. in groups
of five. All were present and took the
oath except Senators Burrough and Nc
Neil
At 1875 the taking Of the oath was
completed and discussion on postpone
ment of the trial was renewed.
Senator Justice said that if counsel
for either side desired to go on with
the trial he was prepared to vote
against impeachment.
Senator Henderson thought that un-
less counsel on both sides agreed other
wise it was best for the trial to pro-
ceed.
Senator Woodard: Il made my motion
in earnest: | now renew it. but if there
is any suggestion that counsel for the
Respondents want an earlier trial | am
content to withdraw it and go on with
the trial today"
Senator Alexander: Counsel for the
Respondent have announced their readi-
ness and unless they request postpone.
ment ] shall vote to go on"
Senator Travis: I'VE have on hand
now the Revenue Act; the Election Law
is not vet completed, and not an APP
preparation has been made We are
in no position to undertake new duties
just now
At this point Mr. Busbee. of counsel
for the judges, arose and said that they
had meant what they said-that what
ever course the Senate should take
would be satisfactory to them.
Mr.. Rountree. one of the Board of
Managers, said that while the mana
gers were perfectly willing to proceed
With the trial. it was a fact that they
had not had the time, on account O.
press of other business. to prepare the
case as they had wished TO do. Thev.
therefore. preferred that the trial go
over till Thursday.
Senator Woodard's motion was M,
and resulted: Ayes. 81: noes. Is. There
upon the President declared the co,,rt
adjourned till next Thursday at noon.