The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1850-10-12
From h. Chicago Tribune
Chicago nnd Mobile Ra,nond

| NOW tbat grant Ol lHhu has been obtained tC
aid N tie construction vi the Central Railroad Ia,
question When and by whom shall the work b,
done becomes one OF great interest 1t will b,
remembered by the readers Of the Tribune, that
the Cairo City and Canal Company" early il
the session Ct Congre-s just closed, executed @
release TO the State Of Illinois Of all their chart
cred rights and privileges for the construction
Of railroad from Chicago to Cairo 1t is now
said that the Cairo Company are exceedingly
anxious that the Legislature should not accede to
the terms Of their release, in which event full pow.
er is vested in them to construct the road and
the muniticen, grant Of lands will fall into their
hands. Indeed, we are informed by gentleman
, recently from New York, that in an interview
which he had, a day Or two prior to leaving that
city, with Mr.. Holbrook, President of the Compa-
ny, that gentleman assured him that the release
was not valid, and that the Company would pro-
cced very shortly to the construction Of the road
and that they had either purchased or made con-
ditionsl contracts for the requisite amount Of
iron.
In order that the people Of Illinois may have
n full understanding Of this subject we subjoin
a copy Of Judge Douglass letter to Gov French,
enclosing the Companys release, and also a copy
Of the release itself
Before giving them however, we wish to call
attention TO the movements Of another class o,
interested persons-'he Bondholders Of the State.
We notice that letters are being published in sew
eral OF the more prominent papers oi the coun-
Try Doubtless prepared by those N the interest oi
the BondhoIders, deprecatng any actoh oi the
Legislature oi limos whl'h shaii prevent theni
irohl feaplng the benefits oi the grant VIII
Ter oi thls cIass IN the Ntw lorH tribune, Propo'
ses 'nat the 9'ate actuaIy surrender lie iahds 10
.he bondnoiuefs' upon certain CONDITIONS Inc
following Is his pisn:
nave no oouot ,''a' Tue gfar' OF between TWO
ana 'hree millions OF acres OF me best iafus III III
inois, WIN De oiefed oy legislative enactment 10
the hoiuers Oh 'he internal Improvement Du''us
upon terms embracing 'he same P'ih''Pies u 'hore
con'n'neu II, 'ne arrangement n'uoe WIN wv ''.e va
nai Donuho,uefs OF .ie same o'a,e lhn' y 'ne
P'V'eges snai' Ue hrs' gwen 10 ,he iu'e,na' iii'
P'o'emeh' Dohuhoioef- Oh ,he S'a'e Oh i''ihois 70
construct this ha'I"au; ue proceeds oi ,hese
n'nus 0e'ng npPheu ht,' 10 'he payment ol We
ioAu lnaoe iof constructing ,he roau' ana 'heh y"
ee'he' WIN 'he revenue from 'he road' 10 lht
payment OF the aeot now IN existence ana 'nt
en're revenues OF the r0ad' as wen as ,he feve
nues oi .ne roao' as wen MS 'he proceeus oil ,he
s,ie, Vi u'e ,ahuS 10 oe hre'ouaV'y P'eugeu ''
'"e inte'"ai Improvements nohu""i''e,s' u"u' ,ne
entire HueoueGhess oi 'he o'ale oi 'his chai"c'ei
aO'ofueu: .,
Men,hBine 'he WTi'er WI nho mat LIMOS VIII
oe W ITO hu,iy 10 repeat 'he experiment u Pi"c'
ng we puohc WORKS III 'he h"has OF her hoh-res
iu.h, neuiots' ihe same reasons "hich render
the bohdhoidefs heiVousiy anxlurs that the |hlro
company sIaii no, nave coh'roi OF .he iahus VIII
operate Win the Legislature TO refuse To snrrcn
DER 'nem up 10 NONRESIDENT bondhoiders.
Judge Douglass according to the Washington
ieler writer's mas suggested 'he iollo~.g pan
mat 'he laiids shaii Dc pedgeh Tor ioan SUI
hc'ent 20 construct and complete iOV mlIes oi 'he
Central Railroad, that when the road is compile
ted Tie hrst iOo miles, the alternate sections on
either side OF 1t As lar as completed shall he offer
ed a' pubic sale hxhg minimum Pr'Ge 'ha'
,hty sbaLt oring per acre ana pfT'iais 'n"' ,hf
mar in nornrnt Of tle same
This pian we surpose will he satisfactory ,c
the Bondbold.rs i, thpy fail in th. ,iFor, Which
they will undoub,elly make. TO have the Land,
surrendered TO them on the conditions above ma
med There occurs 10 us however n serious OF,
lection TO il B>our State Constitution tb. Leg
Islature is eypressfv barred from CONTRACTING loans
for n larger sum than ffty ,lur.nrd dollars. OK
cent for repelDinp invasion, suppre,sing m,urrec
ton. or defending the S,ntc in war. CL,r the nav
m,nt of which the faith of the State shall {,
pledyeJ) unless the law nu,bdrizinr the sam,
Shall, at general election. be submitted to tie
people, and have received majority Of all H.,
votes cast fr members Of the general assembl,
at such election. Now. the next general ciecti,I
after the Legislature shall. meet, will not Ia i,
place until November. 1852. Suppusing that d 90
people Of th, State ri that election saucton u law
iur obtaining lean Of the requisite amount &,
build the rad. it would prrhsp ps require ,ix or
twelve non,ls thereafter t. make he u,crs al,
nrgo, O. 'on., aud thus some ,li,e years must in
t,rycnu Lcfuic th. tr,l blow il siiuck upon H.,
road II ma, lc, however, that NEEDING H.,
lan,l- and not The State, ior such u loan. Is nui
regarded by Judge Douglass ms coming within
the constitutional provision
We here subjoin the letter and release;
v,, n - 1910
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