Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1850-07-25
IFrom Haute JouTnal1
To the Directors of the Terre Haute and Rich
mond Railroad Company.

GENrLEMEN:-Sinc the last meeting of the Board
the Union Track, connecting the different roads termi
mating Indianapolis, has been completed and our own
road finished from the point of connexion to White
river, to enable the Madison company to deliver
the stone; brought up for the bridge Immediately the
bank OF that stream The masonry for the bridge has
been let to good and responsible contractor, favor
able terms, and the work progressing very we'll The
grading OF the balance of the road between this place
and Indianapolis put under the 2Sth of
June at average OF about two and half per cent.
below the engineers estimate and twentysx and half
per cent payable in the stock Of the company that
the grading and masonry oil the whole line, between
those points, is under contract completed Con-
siderable than half of the work is DONE and
the balance is progressing rapidly towards completion
All the heavy work will be completed the coming fall,
and the whole line will be ready for the superstrucure
early next spring And if the iron be obtained
to have brought up the river early next spring,
nothing TO prevent the completion OF the road to In
danapos by the first of December 1851.
The entire loss of the wheat crop last summer has
made it very difficult to obtain further subscription
stock, collect all that has fallen due
former subscriptions but the present crop has
been surpassed, trust shall be successful the
present season. To enable to meet all engage
ments promptly, and pay off the small temporary loan
made last season. have sold S37 700 oil the Companys
SIX per cent bonds payable In five years from the first
of January, 1850. With this exception, we entire
ly out Of debt, and have balance in the treasury Of
50 2l1 81, viii fully be by the Treasurers
report. And should the stockholders meet their pay
ments promptly, and stock subscription be ncreas
ed (aS nave every reason 10 antlc1pate) snail
have difficulty in meeting all our engagements with
resorting to further loan until the road is ready
for the iron So the road is finished we shall
have direct communication with the Ohio river, at
Madison, at all of the year. The Bellcfontane
company progressing rapidly with their road hav-
ing already laid down several miles Of the track with
the heavy rail- They expect complete thirty miles
this When this road is finished, it will give
direct connection with several of the great eastern
roads, which, when united, form the great central road
the Mississippi, by the way of Indianapolis and Ter
re Haute.
The citizens of Illinois, seeing the progress
making, begin feel deep interest in the extension of
the road west of the Mississippi. A large amount of
stock has been subscribed, and company will be fully
organized under the general law of the State the last
of this month, with the intention of making road from
the State line opposite this place to ST. Louis Another
company has stock subscription of upwards Of $780,
000 intending make road from this point to Alton,
and expect to locate the road in short time UNDER
stand the citizens of Springfield have it in contempla-
ton organize company for the purpose of extending
their western road to this place, to form direct
line from Quincy by Springfield, and connect here with
the great central or Atlantic and Mississippi road.
When look at the grand project uniting the east
with the great and growing west by this central road to
the Mississippi and the ncalculabe benefit it
be the whole country, and the profitable investment
it must prove to the stockholders, ought to redoule
excrtions complete this part of the line
possible that may be able step forward and
aid friends in the early extension of the lines
Meeting with US. c. ROSE, President.