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Proceedings of the House, 1856
Volume 659, Page 615   View pdf image
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1856]           OP THE HOUSE OF DELEGATES.            615

track,) can be properly managed by three sets of directors, whose
interests, aims and objects, are continually clashing. Your com-
mittee in summing up the advantages and disadvantages of this
bill to all the parties concerned, arrive at the following conclusion:
1st. The State of Maryland converts $682,000 of unproductive
stock into a cash capital or its equivalent, which will bring into
the treasury $80,000 per annum; she secures her citizens against
the imposition of high charges, and other undue advantages which
public carriers frequently practice on an unsuspecting community;
and prevents the company from discriminating against the local
trade of the State, which will confer a great and lasting benefit
upon the citizens of Maryland. And the State is to withdraw her
ten useless directors from the main stem of the road,—a small con-
cession indeed when compared with the accomplishment of such a
desirable object. The city of Baltimore can lose nothing, for in
fact her directory in the road is also useless, as the private stock-
holders, in working the road for themselves, must bring all the
trade and travel to Baltimore within their reach. The private
stockholders must first work for the Slate; secondly for the city of
Baltimore; thirdly and lastly for themselves. In conclusion your
committee would most respectfully ask, who built the Baltimore
and Ohio Rail Road ? It is true that the State and city subscribed
liberally, but who were the pioneers in this great enterprise? His-
tory points to the names of the Browns, Olivers, Carrolls, Pattersons,
McKims, and many other names equally celebrated for public
spirit and liberal contributions to the building of this road; they are
the fathers of the road, and without their aid the road would never
have been built; then in the name of justice, why should the
State stand in the way to prevent these people from making a small
pittance of interest upon millions of dollars that have been locked
up in this road for nearly thirty years, when she can get out at
such a large profit; your committee appeal to a just and intelligent
community, and to this Honorable General Assembly to say,
whether the bill should not be passed without a moment's hesita-
tion.

THO. ROWLES, Chairman.
Which was read, and 150 extra copies ordered to be printed.

The order of the day being, a bill entitled an act to. amend an
act entitled an act to incorporate the Frostburg Savings Bank;

Was read the third time and rejected by yeas and nays as fol-
lows :                   
 

AFFIRMATIVE.

 

Messrs. Dorsey,

Lawson

Duvall,

Neff

Wilson of Som.

Silver

Waters,

Goldsborough

Fiery

Dowell

Smith, of Wor.

Brown

Toadvine,

Davis

Stewart—15.



 

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Proceedings of the House, 1856
Volume 659, Page 615   View pdf image
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