"I mentioned in my former letter some of the evils of delay—the loss of the present session of Congress in respect to our land grants (we should want Mr. Morgan as our regular attorney to join his efforts to our special and temporary agent if we were together), the tendency to reduce or keep down the prices for our transportation services, from the natural operation of divided action, to be aggravated perhaps when our agents come to seek business, the probability of some unnecessary construction.

"You have justly added the inconvenience of extending over the region a diversity of gauges, every day becoming more difficult to change.

"And I now add still another consideration. The delay—perhaps indefinite postponement of the construction of the link from Green Bay to the place, lately Sand Point, which we have christened Escanaba. That construction would connect the mineral regions of Lake Superior with the entire railroad system of the country.

"Now, in these times so favorable to get money for new enterprises, if the opportunity is seized and wisely used, I think if we were united, our joint strength would induce the Northwestern to put in that link this year if the question could be determined within the next 30 days. There are auxiliary influences, potent at this moment, which may be lost and the result postponed for an indefinite period.

"I am confident that such a construction would enlist the warmest sympathies of yourself, of Mr. Ely, and of all who have investments in the Lake Superior region. It would probably create, likewise, new opportunities for investments, capable of surviving the financial shock to which all property will be subjected by the present condition of the country.

"But I wander into discussions, when the object with which I began my hasty letter was simply to say to you that I think we ought to have a personal conference without unnecessary delay—that we ought to be possessed of the purposes of our respective parties, and armed with full powers to act, if not for all, at least for a majority in interest of our respective companies.

"I will meet you in Boston or in this city at your earliest convenience, having a little notice to arrange my engagements. My situation would make me prefer New York, if your convenience would allow or you could be induced into a visit to your friends here.

"Very truly,
"Your Friend,
"S. J. Tilden."
"Jos. S. Fay, Esq."

TILDEN TO MR. KENT

"N. Y., Mar. 26th, 1864.