The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-08-28
T0LEASE OR NOT TOLEASE
THAT'S THE QUESTION

| cuSed of using the read for his per
sonai gain. If it is leased to a combi-
nation of men it might be that it
would have to serve for the special
| benefit of all concerned. 1t does not
seem wise that it should be taken out
of the hands of the State and given
to individual bankers and moneyed
men who would doubtless use it for
personal profit. l do not favor any
lease"
Judge w. S. OBJ. Robinson: "Of
| course / favor q lease, and my pre-
terences are for the Kennedy Syndi-
cate, the Goldsboro people. l have no
further statement to make"
l.. n. Grant. Manufacture: Il
think the Atlantic & North Carolina
Railroad should be leased, and the
| lesseeS should be required to give p
| gilt edged bond that would guarantee
| to the State and private stockholders
| a reasonable income from their rail-
road interests. Either that or an eX-
pert railroad man should be placed in
control of the road. thus taking it out
of politics, and that his term of office
should extend through capable and
satisfactory management"
n. Roscower, Editor Headlight: 81
am in favor of lease provided they
| can get the right sort. The road is in
| q very fine condition, and no wonder
| people want to lease it. as it is in an
excellent condition, and anybody car
make money out of it. L do not think
the State should retain management
1t should be leased to proper parties
as it is on a business basis, and it wiz
pay money to the stockholders. This
/, matter should have direct attention.
and not be postponed until the Legis
lature meets. l have no personal
choice as to syndicate or lessee, but
believe the best proposition should be
accepted.
j. c. Eason. Merchant: II am dis
interested except in so far as it would
benefit local people, and I should like
to see the lease in the hands of the
Kennedy Syndicate"
George c. Royal. Manufactures and
President Chamber of Commerce.: 81
favor a lease of the Atlantic & North
Carolina Railroad next week. l think
it better to lease to people living along
the inc of the road. as their property
interests will make them take more
interest in the management of the
road. Judging from the past, l do
not think it wise for the State to con-
tinue operating the road"
T. III. Holmes. President Goldsboro
Grocery Company: MY opinion IS
that if the State can get the right
kind Of proposition. they should hy all
means take it. because if thew can
lease the road for what ] have heard.
it will put it on a paying and profita
BILE basis. and take it out of politics
Charles Dewey. Manufactures: 81
favor a lease anv time the State can
get an advantageous proposition. AS
a stakeholder. independent of person
al interests I think it ought to be
leased, as this would enhance the Value
| of the stock. Furthermore. it VIII
eliminate the road from politics. and
| the road and section through which
it runs will be relieved of the con-
tinual annoyance and agitation from
! year to year.
Frank Borden. Manufacturer: eff
the road can be leased under proper
conditions l should favor il. Under
circumstances / believe the Kennedy
| Syndicate, being more directly inter
ested in the road than anybody else.
should be given consideration. Tc
eliminate political troubles l think it
would be advisable TO consider q lease
I have great confidence in the Gov
ernor and know that he will do what
| is best for the interests of the State"
j. w. Isler. Wholesale Merchant:
81 prefer leaving the question to the
Legislature because they represent the
entir State.'
NJ. e. BizzeII. a Stakeholder and
Merchant: II favor the lease of the
road l have considered this matter
very seriously and believe it the best
| for all concerned"
j. G.. Eason. Merchant: "I don't
care"
c. Il. Miller. Druggist: 81 favor the
lease. / think it would get the road
out of politics. | favor the Kennedy
Syndicate because they are native
North Carolinians and successful bust
ness men. / believe they can make
success of the road. J believe it woulG
! be of advantage to our merchants and
| the town generally
/, w. b. Allen, General Agent Pruden-
tial Life Insurance Company: 81 be-
IIeve it to be to the best interest of the
entire section through which the road
passes as we'll as to the State and. the
private stockholders. 1t is evidenced
by the fact that since this lease mas
been ANTICIPATED the stock has natur-
ally advanced. 1 favor the Kennedy
| Syndicate"
Men. Epstein. Merchant: "I have
never considered the question +
nave the utmost confidence in Govern
or Aycock and believe that he can
/ handle the situation"
| B. II. Clark Merchant: "I think
would leave this question to the Legis-
| iature"
Il. w. Britt. Merchant: II favor c
lease OF the road l want to see it out
of politics. ! favor the Rowland syn
dicate because it looks like it has
something behind it. I will feel per
fectly satisfied. however il leased 70
any syndicate which can furnish good
security. / am satisfied that it wonld
be the best thing for both the private
stockholders and the State
G. ID. TGyior: 81 do not care VIVA:
action is taken. / feel satisfied thai
the Governor will do what is right
w. III. Smith. Merchant: 81 nrefer
| it to remain as it is
j. Ill. Hill, Druggist: 81 favor thu
lease because / think it would he to
| the best interests of the State"
H. T. f}p0.yu Eenu0D T{otaI. "r ia