160 JOURNAL OF PROCEEDINGS [Jan. 25,

The Baltimore and Ohio company, at great sacrifice, re-
fused to agree to any arrangement, but such as would properly
recognise discriminations in favor of the city of Baltimore, to
which its geographical advantages entitled it. It succeeded
in enforcing and establishing its equitable demands. It
boldly met the emergency when necessary, and at the earliest
practicable period, arranged for remunerative rates, when its
objects had been accomplished.

I deem it my duty to say to the Home of Delegates, that
not one pound of freight is carried beyond Baltimore, by rea-
son of any policy of this company, that would under any
other policy come to Baltimore as a market.

The battle has been to obtain the carriage of freight on its
way to and from the west, and Philadelphia, Now York and
Boston, and thus to secure a profit to the State, city and pri-
vate stockholders, who are all interested on the road as pro-
prietors.

Moreover, it is the partial profit drawn from these arrange-
ments, which enables the company to keep the local freights
within this State and Virginia, generally below the rates
authorised by the charter, and below the average rates of
other roads.

This is a matter which involves the theory of trade, and
more than this, the very freedom of trade.

I am satisfied that the policy of the road, can be demon-
strated to your honorable body, to be correct, and alike ad-
vantageous and desirable to all the great interests connected
with the company. If the House will accord permission, a
committee from this company, will cheerfully go before a
committee of the House, and answer all inquiries. Such a
course, will be more satisfactory than a mere letter; and I
hope that your honorable body will permit this to be done.
We shall be ready to attend at any moment.

I am respectfully,

Your obedient servant,

J. W. GARRETT,
President.

Which was read, and referred to the special committee
already appointed on that subject.

On motion of Mr. Crowley,
It was ordered to be entered on the Journal.