About Our Railroad

In another column w.ll bc found a rail Tor u r.iih'nuil tnootiing ti be held at thv Court Honso this af' iiioon. Tho cali is accompanied by certain oorres] lenoe which will cxpluin itaelf , bnt wliicU we muy bo peimitted fco repeat hore. Tho kernei of the oorreBptmdanee is just thia: TheBtook boots of the opinpwofy show about $200,000 of 6ww .'■, reliable stoelt subacrïbed in good faith and which the sutworiben expected and expoot to pay, aml that willingly and pramptly, as the worfc progressés. This is asido from the $135,000 hold by the Director, and trhicb waa coally taken in trust foï certiin incápient rtookholders, olaiiued to have been simt off from the books at the time they wero olosed by the Coimnis3ion(irs, but also souio how or other failed to put their&amee on whea the oppoitnnity was afterwards oflered, leaving t'ie whole to be oarried bythose viciinis of mieplaoed oonfidenoe - tlio Directors. The Direotors propose to unite with ten re8pon3iblo oitizeas, to be designated by the stoekholdera' coinruittoe appointcd by order of tho meeting held on Priday eveniug last, ia guaranteeiag fchia bena fidt rtook at the 200,ooo named. They fuilhcr proposo that $50,000 moro stock shall bc taken, of wMch they wil! 10,000, and thatthatbeiag dono they will imntediately looato the line, put tho coad onder contract, and finish the work. With $250,000 tho Directora aio OOnfident that they e:iü huili! the ïcüilbed, procure the iron and rolling stock vrhen ready foc it,- - on their own iiim.N,. and without giving i bonus in of the stock paid in and put into the roadbed, - complete the road, and tho oompany own and control it. Now, it will bu fox the meeting this I'. -M. to consider the proposition of the Direotora - based apon oareful eonsidoration, and actual negotiation with contraotora - a proposition already cordially endoraed by the commifctee before whom they have laid thelr facts and figures.. If tho meeting shall agree with the Directors and Couunittee, and raise tho $40,000 nooeaaaiy stock, we may hope mul txto si.c au early coKunencoment ot the vrotk foï which wo have so long looked There ought to be no difficulty in securing the $40,000. In faet it should hiTe been pledged without a public meeting, and at theieeting there must be no such word as fail. - We hftTe 80 manytmes wiitten up tho need of the road, and the advantages that it would confól upon our city, that we do not deern it noocssary to repeat theiu now. Whai we havo not beforo made plain to cnpitalist or citizon, Hess man or niechanio, manufacturet or trader, it is useless to trfctemp) now. Besides we are done talking : tulle don't build railroads. We only took our pen to stato the position of ittairs as developed at tlie receñí mootingg. Tho koy to tlial position is f4U,TO0. Wiü our oupitaliats, real estáte owners, etc., furnish it, or advise tli.il several wcuks or months more valuable time be fooled away in trying to get it subsoribod along the line f That's the question. When it is answercd we will teil our readers. i è + i mm ■ i i - Tuk President has issued a proclamation, under date of July Ith, making public the "Treaty of Washington." The material pnragraphs of the proclamation are : Wkerea, Said treaty has been duly ratilied on both parta and the rospi'ctire ratification of the same exehangod in the Cil y ni London, on the 17th day of Juni;, 1871, by Boberl C. Schenok, Envoy Extraordinary and Minister Plenipotentiary of the United Btatos, and Earl Granville, her Majesty's principal Secretary of State for Foreign Affairs, on tho part of their respective govemnients ; Xow, thorefore, bo it known that I, TJlysscs S. Cranl, President of tho United States '' America, havo caused said treaty of y-iy f') 'm' made publioto the end that the samo and every clausc and artiole thercof lie observed and folfllled with good fa.it.li by the (Tnited States and citiz. :is t ben i ■:. - Our understanding is that eortain articlos of tho treaty - notwithstanding the ratification by tho Queen's Governmont - depend for validity and practical foroe upon the consont of the proviaoes : tho Dominion, Nova Scotia, and New Brunswick. - "Was it by accident or design that the annivei-.iary of tho battlo of Bunker llill was ilocted as the d:iy on whioh to exchangc tlie ratification of the treaty V Thb managers' of the Fourth Banquet at Djtroit failed to capturo a Senator or llopresontative or even an ex. to [respond to the toast, "Our Senators and Eepresuntatives in Goagress," and so Col. N. B. Eldbidob, uu ex-candidate only, and a Djmocrat, at that, was put on duty. It is, howovor, no great oaiISO fox wonder that neithertheofseven lliidical members from our Stato waa willing to publicly avow hifl position. Much recent logislition ought to keep its sponsors quiot - anywlicn; out of Washington. Tuk Bupreme Court of Massaohusetts has deoided that Gov. Clafluï'b appointmout and commission didn't mako Mrs. Julia. Wabd Howb or tCiaa Btetsks a justico of tho peaco. Thay hold that no woman has ho " constitutional or lega] aathority to oxeiciso any functions of that office," with or without Gov. Ci.afi.i.v'.s oommisüon. What a setting back ofthehandaon the dial of reform. Is such old fogyism to bo tolerated 'r1 The Rot. Dr. Nbwmaït, of Washington, chaplain tothe Senate, Has writton a letter to an Iowa "brother," urging the re-elcction of Senator IIaki.ax. The reaSonB assigned aro that: Senator" HABLAS is regular Lu his attendance on ohuroh ' and " stands high with the iuluiinistration." GeANT does the v.i'-cs and IIar,ax the "meetings." Enough s:iid. Tur, Vreeman, a aew Radical journal, mblished at Littlo Rock, Arkansas, hoista he naines of Ghaxt for President, and kimi. Douolass for Vice President.