THE STEAMER PRINCE EDWARD.
The Whig of Tuesday, the 2nd inst., in copying our remarks, with reference to the Prince Edward steamer, says that they cannot be true. We again repeat that they are correct, as far as rascality was concerned. As we happened to be in Kingston on the very day the Whig was published, we have learned something further which is truly ridiculous. One of the acting Committee said, that we had stated a great deal of truth about the business, but made some incorrect statements, for that Mr. Greer had sold the boat without their consent. Another gentleman stated very dogmatically, that the shareholders here had not paid up their subscriptions before the time specified in the act, and therefore their shares were forfeited.
In the first place, we answer, that the acting Committee were responsible, and ought to be accountable for the acts of their agent; it becomes an imperative duty now for them to show he erred, and clear themselves from the imputation of participating in the foul transaction. They owe it to the shareholders here; and if they do not give an explanation, we shall consider them the principal actors in the dishonest affair.
To the second, we reply, that the shareholders here who complain of being thus legally robbed, paid their shares long before the time required by law, and therefore were entitled to an equitable portion of the dividend; but as no dividend was declared, although the boat made money, they anticipate that the same trick used with regard to the Brockville and Commodore Barrie will be played off on them. We should be sorry to impugn any wrongfully; but as the guardian of the commercial interests of Prince Edward, we cannot keep silent when so flagrant an act of injustice is first perpetrated and then defended. [Prince Edward Gazette]