The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1851-05-16

=" VI" eI"'o"y VI tho Ioous !" Wy ~
tlcle up"n this subject alluded at some
length to the extension Of the road beyond
the Tennessee river, and the proper losa''""
Of thu line in that direction. | believe II 10
be all universally conceded point amongst
the stockholders who have expressed them
selves at all, that whenever the rond strikes
the river there It must remain until the "a
lance of il Gun be constructed for cnsl.-
Or in other words, the road will not be ou'''
any further upon the credit Of the ColnPa'
ny, unless that credit is at par. 1t is a ma"
ter of congratulation, that the time mas ar
rived when the stockholders in the rond are
bcgrning to appreciate their s'och' ana 10
see tina, it is no longer mere shadow ou'
n thu of substantial value. The ld'o
hitherto has been that the amount paid III
by each shareholder wosa more DONATION
and that no return could ever be expected
from it. But now the subject is assuming
unitc a different aspect. The prospect is
brrh,erinr, and the owners Of stock ore
beginning 10 see that the means they have
invested will sc, bring them return. Ire
lime when that return is to be realized de-
bends Likewise upon the future management
Of the road Shall it be postponed TOR year,
or shall It bcein to be felt upon the comp'e-
non Of the road to tie river! TO ieach
that pniut was necessary before proll's con'd
he made: and it was absolutely necessary to
borrow upon large sacrifices in order TO ell
feet the building Of the road 10 the RIVER
II il well known that it could not have been
done otherwise; ony other policy w'nIc
have resulted in signal, total ana complete
fni'nre of the enterprise. Now, no further
sacrifices are necessary. 1t is evidently 10
the advantage of all interested to push the
work TO Knoxville ut as early day as
practicable. | am willing that it shall be
done upon the credit Of the company, and
by this do not mean that the contractors
.halI be pa id in the Bonds Of The compn-
nv, but that the Bonds shall be sod at par
and the cash paid 10 the orkmcn. This is
The true course hsnceforward, because, ov
paying Bonds t. contractors, unless they
ave n,"h of very extensive means. You u re"
yonr Bonds INTO market at deprecia'lon.-
Or if the region of country between the RI
yer and knoxville will grnde the road. then
the Company might borrow from the Stale
a suficency to put the rails upon 1t. And
to effect this in the cheapest and most eH.
pedi,ious manner. brings me to the consl'
Gera,ion of the third department of my SUBJ
icct, to.wi,: the location Of the line north
of the river.
The route by the way of Hotchkiss' val
lev, and that by the way of the river hills,
have both been surveyed BY skilful and com
peen, engineers. That by the valley has
never been surveyed BY any authority IF ;m
the Ens, Tennessee md Georgia Railrond
Company. No one. however, can object t"
having i, examined, but On the contrary, oil
who have any interest Whatever In the work
will admit the importance of an early sur
vcy Of tina, line. am informed by gentle
men who arc well posted up in the lopo-
graphy Of that region, that the river can
easily be approached and crossed short
distance below BIair's ferry without losing
any Of the work Olready done, and that the
Ho,chSiss valley can as easily oe entered
on the Opposite side Of The river. Thence
10 Knoxville there can be but little work TO
do. The entire distance being through
continuous valley, but few difficulties pre-
sent themselves. A large portion Of the
ca pilal and voting population of Knox coun
ty will thus become personally interested
and should i, he necessary for Knox county
to subscribe stock in her corporate capacity
the object could be far more easily accom-
plishcJ. have the highest uu'ht rity in say.
ing ,hnt the route by The Ho.chkiss' valley
Is shorter possibly by some two miles, than
\
the route adopted up the river and will pre-
sent much Fighter profles and better curves
! When all lhese Things are taken into consi'
deratlon. how important is it that Ike com
pany should act with precauion. A saving
of two miles in distance is on actual saw
ing of construction OF near $35 900; and ii
running this saving is beyond calculation
| wish to oe understood as expressing &
preference for this route. only upon the in
formation in my possession that it is The
chen pest, best, and most economical route
I 90 for the interest of the Stockholders ans
for the interest Of no individual. If, there
fore, upon q full and honest examination q
the two or three routes proposed, the one
up the river is The best, cheapest and mos
economical, I will be as ready as any midi
vidunl to approve heartily of its permanent
adoption. A STOCKHOLDER.
For the Athens Post,
III. @ A. | EVILS. of Polk. will consen
to become q candidate for Joirt Repre-
sentative from the counties of Polk. Nc
MINI, md Monroe in the next Legislator,
he will receive the warm support Of all hi,
poli,cnl friends in this valiey-we ocliev