The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1854-09-01

gress. The pressure of the times may TEN.
porarily retard their motion, but it will be
but a question of time as to their construc-
ton. The Indiana and Illinois Central, Of
which Judge Roach is the President, is in.
tended TO connect the capitals of Indiana and
Illinois, by direct line. This road, when
constructed, must be an important one, as it
will be for all time the main east and west
road between Indianapolis and Springfield,
Illinois, and the railroads terminating at
those cities, east and west, north and south.
| The two lines being built from Indianapolis
to Cincinnati, will run between the Central
and the LawrencebuTgh roads, and Of course
create additional competition for the business
passing between the two cities.
The Evansville, Indiana polls and Cleye-
land Straight Line roa J, Of which Mr. Smith
late President Of the Indiana polls and Belle.
.ountaine road, is the President, runs from
tae city Of Indianapolis upon a direct line
down the extensive valley of White river
To Evansville, on the Ohio river, without
competition. This road is about $50 miles
| in length, crossing. between the two cities.
andthe Ohio and Mis- s:ssipI and New ALBANY
Salem Railroads. 1t connects the centre of
the State with the Ohio river over two hum
dred miles below New Albany, the terminus
OF the nearest railroad abuve il, cutting off a
large portion of the freight and travel from
the South at Evansville, destined for the
centre and north of the State. This line is
presented by lis friends as a link in the great
Soutl ern route to Memphis and New Orleans,
CT meeting the north with the south i'm the
valley of the Mississippi. and ultimately, as a
link IN the Pacific railroad, making Memphis
its terminus on the Mississippi. The Hen
derson aud Nashville road, in pre- cess of con.
struction over very easy route, will be the
connecting link between the Southern roads
terminating at Nashville, and the line from
Evansville TO Indianapolis and the North.
With the prospects before us, and the doubts
aid want of confidence that exists in re Ia.
ton to the construction of new railroads at
this time, 1t is expected, nay more; desired;
by those who have in charge the probe cted
railroads OF Indiana. that capitalists should
not only examine for themselves the road
they propose to bu Id, but also the Securities
they offer. They do not wish to stand upon
the same platform with the mammoth, en-.
gulphing works OF the East; where Schuy.
lar OF a Crunc CAM by few dashes of the
pens involve the in nocent in ruin. While of
course we in the West deeply regret these
evidences Of irandi as showing that 1t Is hard
for some men To resist temptation, ut the
same time there are few of us who have not
felt deeply mortified, wher we have offered
securities as safe as the United States stocks,
To be met continually with The millions of
stocks and bonds Of Eastern mammoth, COM
plea concerns, at any price offered. and to
have them aciing as the thermometers OF our
securities. We feel that the time is coming
when capitalists will look more TO our sim.
pie, safe securities VI the West Tor invest
ments. $50