1869 August 25 Letter to Joseph A. Young

Title

1869 August 25 Letter to Joseph A. Young

Description

A bond is considered. Hosea Stout prepares legal papers. Advice is offered on purchasing equipment and negotiating with the Union Pacific. Many protest the railroad's nonpayment.

Type

Correspondence

Sender

Brigham Young

Recipient

Joseph A. Young

Date

1869 August 25

Location

Salt Lake City
Boston

Number of Pages

3

Subject

Railroad
Financial Matters
Legal Matters
Business Matters
Dispute

Salt Lake City, U. T.
August 25. 1869

Mr. Joseph A. Young,
American House: Boston.

Dear Son:-

Yours of the 16th has been received. Your frequent communications afford us considerable satisfaction as they keep us more or less posted on the progress of your business & affairs generally.

Three days previous we also received "Form of Bond" and immediately called a Meeting of the Directors, but not having a Quorum, no action was taken thereon. The opinions expressed however were favorable to the adoption of the Form.

Bro. Hosea Stout is busy with your papers, examining the Laws, U. C. Records &c. & will doubtless furnish you the required items.

With regard to Mr. Bushnell's proposition we are of the opinion that it would be to the interest of the U. C. to purchase from us <even> at the rates therein specified, rather than wait six months longer to equip their road. The passenger traffic alone, in six Months would amount to no small item, and the General Freight & Coal Trade would run it up to a high figure in that time

Besides the free privilege of the U. P. Road between Echo & Ogden for five years would be of very great value to the U. C. Suppose we estimate it thus One hundred tons Coal per day -- 312 days per year -- for Five Years at One dollar per ton, would be worth One hundred and fifty six thousand dollars ($156.000.00).

With regard to Locomotives, if they do not answer. you certainly should not take them, and we have instructed Bro. Sharp not to purchase them of the Company but to make some special arrangement & have them built to order on the Company's responsibility at something like the specified rates.

You will see our views more fully in Bro. Sharp's letter. We forward Copies of the "News" & "Telegraph" for distribution among the Directors, believing that this agitation will do good.

You will see the Current News in the Papers sent. My health is good. Remember me to Bros. Taylor and Sharp, & to Clara & all friends. May God preserve you & assist you to accomplish your work.

Your Affectionate Father

Brigham Young

P. S. We understand that Mass Indignation Meetings are being agitated through the Territory remonstrating against the course pursued by the U. P. Company.

B. Y.
pr D M.cK.