Indiana American. [volume] (Brookville, Ind.) 1833-1861, 1854-03-24


very scarce" and we are constructing
too many Railroads. we have as to the
LIST. but this reply, that in all Railrond
enterprises. it takes sometime to pre-
pare; and we think, we will get ready
for energeti, action, by the time the
money market will be little CASTER
We do not anticipate however to see
the time very soon, when money will
be very plenty in the u. s., so plenty.
that those who do not mean TO assist
public improvements will not be able
TO say with some show Of truth, that
money is scarce" We are fully
aware Of the past, that money is but
relatively scarce, and that we, like al
similar enterprises. shall have TO pass
through our period ofhard times after
which money will for as no longer be
scarce. Money and capital are the
creatures Of labor and productiveness
Railroads create both, permanently,
they absorb temporarily.
As TO the second, we are certain.
that in twelve months there will be
still more Railroad projects before the
public than there are now. Railroads
will and must be projected, not now
thought OF. Every finished Railroad
is gain fornew and old. Cincinnati
Capital is claimed as a monopoly by
the great Railroad enterprises, which
are already in existance or rapidly APP
approaching completion. These have
absorbed the money and the credit Of
the City, and OF the individual Citlzens
and they are claiming the latter TO an
indefinite extent for such of their pet
schemes, as are likely, TO be "tnbuLa-
rics" 70 their lines. We claim simply
for our project fair examination oil its
merits IN and of its self. and if it meets
with public favor. we ask IL TO be ex-
tended 10 Us. without the hindrance OF
the powerful combination just alluded
to. We think that TIM will demon
strate, that these very Railroads, which
would monopolize, every Thug, are not
the routes which will ultimately be
tic most successful.
A Road will sometime or other be
made through and direct from Cincin-
matt to indianapolis. and such a Road
must run up the Whitewater Valley. -
We know this, and knowing it, will
persevere in presenting our project,
and to carry it prudently but efficiently
towards its completion.
No better time, than the present will
ever come. We have labored one year,
and We are farther advanced, than
any other railroad enterprise of Gin
cinnati has been in the same period
We have secured nine-tenths OF the
right of way, at reasonable rates. Our
railroad will create the points of trav-
el and business. where way business
will centre, il will have none to get
round OF, or 10 destroy; it is the friend
OF the whole Valley, AS it is that oil
Gin Ii and indianapolis 1t will never
have less rivals, and those il HIS, will
not grow weaker by delay! Now we
bring to all the localities we touch,
more, far more, than We ask them "
subscrlbe,-we disturb no existing ar
rangements and we 10 no. render any
capital now invested, less lucrative.
Why then wait, in Cincinnati, or In
dlanapolis, or in the Valley. until from
downright necessity, arising from our
own culpable neglect, collateral rail
roads be constructed, and interests
called into existence with whom we
must after all, sometime or Other, wage
fierce war? Shall we wait until We
shall meet at Brookvile, Nashville,
Harrison, and at other places, artificial
interests which our slowness, has fos-
tered, and fortified? The hot-bed OF
special legislation has forced enough
such into sIckly life already, without US
giving them and other schemes any
farther Vitality
The world>will not stand STILL
Railroads will be built along routes
not now named-and we see no reason.
why our railroad, which has more mer-
il in IL, than any other Railroad enter
prise we know of, shall be hustled
down by the wind, by adcaptandum
assertions and by combinations, which,
II they knew, their real interests, would
Support Us.
We have provoked no rivalry-we
in TACT recognize none. We ask no
Government iayors,-we live aud have
our being from the voluntary and free
action OF The public at large. We
have no Hobbies at Washington, hone
at Columbus,--none at the City Coun-
ellis. We propose to build the most
direct and the shortest route TO In
dianapolis, by the free action Of our
citizens, and we do think, that such a
route would be a vast improvement 10
the interests OF the points touched by
our road.
These are the reasons which have
had weight with ourselves, and which
have enlisted Us in this enterprise, and
II Is hoped, that others VIII initiate our
example.
A real estate subscription Of 3 200, :
900 is secured, we want an additional
subscription Of 100000 before we
commence operations. Twomillions OF
actual means in Real Estate is us little,
as we deem i prudent TO base action
upon,-- beeure, it is treble that, up
ON which any former Railroad started
in Gin ti.-but under the circumstances
tits not deemed prudent to start with
less.
Our Real Estate Subscription is full
~ worth what we allowed for il, and
we shall continue 10 accept further
subscriptions. If offered at fair prices.
We shall continue TO resist however.