Western union. (City of Hannibal, Mo.) 1850-1851, 1851-08-07

the Railroad were made in Warren than in
any other township. The whole battery
of the opposition was turned upon her, and
an unremt'ing fire kept ~; but the people
understood their own true interest, and
could not be influenced against that interest.
The whole strength Of Round Grove was
brough, out. South River has done better
than was expected, and Union las done
we'll 1t is especially apparent that the
people OF this township (Mason) have SEN
sible appreciation of the value of the road.
Many have feared that this vote would
result in pecuniarv embarrassment to the
County. We think the effect will be the
reverse. 1t will be taking the most I'M
favorable view of the matter that we can,
not to exceed all human probability, to
suppose that the Company will have TO
pay the interest on the bonds Tor the first
five or six ycars-say in all, thirty thous-
and dollars, sum that the county can
pay in that time, without difficulty.
Even during this time, the means will be
constantly increased by additions to the
amount, and advances on the value Of tax
able property. Within the last sir months,
property has advanced in value in this city,
thirty per cent, and no one disposed TO
sell, has the least difficulty about finding a
purchaser. 1t is fair to suppose that pro.
perty in the county will be subject to the
same improvement, as has always been
observed in similar cases. After the frs,
five or six years, at farthest, the stock will
begin to pay interest, and in a few years
more, to pay interest and part of the prin
cipal, and in fifteen years, at the outside,
we may calculate on dividend Of % per
cent. 1t may pay 80 per cent--the Madi-
sonviIle and Indianapolis railroad pays
scrcnty.fcc per cent, though its friends, be-
fore it was built, only calculated on divi.
dends Of twenty-five per cent. We must
recocct that our road will have no COM
petition, and that there are not five hun.
dred acres on the line, that cannot be
brought under cultivation. But suppose
that, at the end twenty years, our prin-
cipal aud interest being paid, our county
has an income from her stock OF rs per
cent, or $4,000 II year, would we not DO
well paid for present trouble, and an eX-
pense that will scarcely be felt!
What can stand in the way Of the Sue
cess of the road! Northern Missouri is a
great Wheat, Hemp, and Hay growing re-
gion. Yhesc are all heavy and cumbrous
articles, and have been cultivated to what
will prove to have been comparatively
limited extent, on account OF the great
labor and expense of transportation, from
points distan, from the river. The same
may be said of Hogs and Cattle. These
can be brought here from any distance on
the railroad, before their stomachs are
empty. To Cincinnati they are brought
three or four hundred miles, in two days,
so ia, they are unable to walk, and without
losing pound in weight. Hogs thus fat
ted, could not be driven at all; and if only
moderately fat, or so they could be driven
WE'LL they could make but seven or eight
miles a day, and would lose weight at that,
in travelling fifty or sixty miles, besides the
expense OF feeding and driving.
The railroad would not only have the
benefit of an increased amount of pr oduec C,
and of all that which would certainly de-
sert the Missouri river, but that river would
cease to be the highway for all country
merchants on the north side and many on
the south side of the Missouri. Goods
could be conveyed across the country for
what it would cost to insure them on the
Missouri. They are now, when lreights are
dollar and halt on that river, brought to
this city on the Mississippi, and hauled il,
wagons across to towns on, the morgin of
that river. We are assured that ireirhts
have been known to be as high as two and
half and three dollas to Glasgow, and
five dollars to st. Joseph. To buy gro.
ceries, except at high water is out of the
quest tan, and then Missouri river merchants
must run the risk of losses and damage
from keeping articles of that kind long
time on hand. Besides all this, there would
be constantly an immense travel on the
road We are not to forget in this con-
neclion, that except about forty miles,
lines are surveyed and under contract from
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