The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1849-11-29
The TsaIIroad Meeting.

"a brief, yet comprehensive and ably written
document, and appeared to please those who
heard it without exception. We shall com
.mence the publication Of this document to-
morrow, so that those who were not at the
meeting may have on opportunity OF reading
lii. The Report will be found in all its de-
tails highly interesting, anu We bespeak for
ie in advance the attentive reading of orr
citizens. After actual survey, ard with Il
thorough knowledge of his business and,the
comparative cost Of our western railroads, he
estimated the cost OF the Road, which by
survey is about twenty-six and one-hali
miles, at $4,000 per mile. The President
and Directors, in soliciting subscriptions Of
stock, made their estimates at $4,000 per
nile determined to err on the safe side il at
Tall. Thus, by estimates made by the Engi
neer, taking the outside of every expense,
the cost Of the road is MICH less than antici-
puted. He SAYS. too, that the road can be so
easily made, that IN engineer will not have
an opportunity Of showing his abilities or
making much by the operation-and that if
the remaining stock be lakenup soon the road
can be completed and the cars commence
running in a year or eighteen months from
this time to Princeton. This is more Than
encouraging. 1t promises to those taking
stock Il surity, that instead Of having to
wait years for the realization OF any benefit
from the read, the happiest results may be
anticipated immediately. The right kind OF
men have the control Of the entcrprlse-men
Of influence, high standing, ard possessed Of
that go ahead" spirit which will carry for
ward the work with vigor and without pros
pect of delay after commencement
Judge Hall, President of the Road. was
called upon after the reading Of the Report,
and made few remarks about the Report, lis
estimates The importance of HE Road, and
its direct benefits to the citizens otEVansville.
He spoke as he felt. and he seemed TO feel in
The right way. He earnestly solicited fur
Their subscriptions, and that they should be
rot take much to take ltt!e, and showed
the demand for thisSubscripton immediately.
He WAS followed by John Ingle, Esq. one
10! the Directors, IN an able speech. He en-
larged upon the remarks OF Judge Hail. and
urged that no one should be deferred tom
taking stock because 4 wealtlier neighbor
had not done so-that there were certain
blood-suckers in every community. who with
iout contributing copper to any Improve
nIent calculated 10 prosper the place in which
tage Of the benefits arising from these in
provements-that this community was not
exempt from such characters, and that other
men should not regulate their conduct by so
low a standard-that the zeIons and liberal
were more to be depended upon for the taking
Of stock OF any public improvement. than the
merely wealthy and that even those who were
considercd wealthy osien had their money so
invested that it could not be commanded at call
under Ltr greater loss than the Directors of
this road would be willing for any one 10
make. lie spoke of the standing Of these
Directors and the President as ample guar
an'ec Tor the speedy construction Of the road
il the remaining stock should be taken at
once, onI Of the urgent deInand for more
monry itl0tedjateiy. MIR. IngIe spoke Of Ibis
recent inspection OF several western railroads
compared their cost to this-thc great in
crease il the value Of land along these routes
caused by the building ol the roads--their
present prosperous condition-their lulge in
Icomes-lhe feelings Of the people whose
land had been cut by the several roads &C
If his remarks OH this part Of the sdhIect did
not place confidence in lie hosoms of all pre-
sent, as 10 the great benefits o.. the Evans
Vile and illinois Railroad, the demand for it's
construction. and the ultimate value of its
stock, then facts statistics and reason must be
una,Giling. lie said that the Lille Miami
Railroad and ne indianapolis Railroad were
now ANNUALLY making $4,000 per mile. Then
why may not this Road. penetrating iHfo the
Wabash Valley, ami opening its wealth ii
reoti5 to Evansville, command ere great
while like happy results? The Nincenes
Peopie are alive on the subject of connecting
their town with the Ohio river. by joining this
Bnad The completion Of tie road from this
place to Princeton, is full security for its
completion 10 Ymcennes short time there
after We have not space for further notice
Of .Ic. IngIc's able remarks.
MIR Jones made a short speech on tie sub |
Jet before the meeting, which WAS pointed