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

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Sheiby.... .............-... 40;OOO
hancock ..-.............. $4,000
marion... 20 900
or total of5l5,000 acres Of unimpro-
we'd land which would be rendered pro-
ductive. Nor is il too much to say, that
full 100000 acres OF land would be rails
ed Sl0, per acre which Is equal to six
millions, or SC per cent, more than our
road will cost. II any one doubt this
we ask him TO consider, that 1885, 900
acres Of land in Hamilton County, Ohio,
are on average worth 500 per acre, on
account OF the proximity to Cincinnati
Our Road brings 100000 acres, or Dear
born, FraRklin. Shelby ana Rush Coun-
~ lands, as near to the city as the land,
referred now are in Hamilton. and we
can surely see no reason, why these SO
much more fertile lands should not be
worth at least $50 per acre, or half as
much as those in Hamilton, which will
make twenty millions OF dollars, while
without Railroad they are worth NO
more than ten millions.
The preceding calculation Is outside
Of Cincinnati and indianapolis, at which
places our railroad will alone create as
much OF an Increased value in real estate
as II costs. Aud Il will do this, " il but
add live dollars a foot to the 500
which now lie to waste in Mill-creek bot
tom. and this increase has In fact halt al
ready accrued since the PRONUNCIATION OF
our project.
The following annual products are
awaiting, in the White Water Valley
alone, the completion OF our road, To
employ Il as means To market:
100000 lbs. OF butter and cheese.
100000 barrels OF flour.
100000 bushels oil corn.
100000 do Of oats.
100000 lbs wool.
10000 bushe Of potatoes.
$4,000, 900 worth OF manufacturing pro-
products.
10000 head Of cattle.
$50, 200 hogs.
10000 horses.
10000 sheep.
Equal TO ut least $50, 900 tons OF
freight, and equal to freight Of $780,
600. This IL way business only, In
which there can b. no competition with
our road and which no road now con-
structec or proposed to be constructed,
can reach.
II IL a we'll ascertained fact that where
a canal barely pays expenses, and where
a turnpike pays 0 per cent, n railroad
will do a remunerative business. The
Whitewater Valley Canal would pay
good dividends. II Il had not been SUBJ
jocted TO such very heavy repairs The
Harrison turnpike, kept as Il is in the
very best re pairs, has paid for 3 years, Q
ger cent. dividends, and IL now earning
more than that. The Harrison and
Brookvllle pike rs rapidly paying of the
debt incurred In It's construction, ana
will. In few months pay dividends.
Two well-paying daily omnibus lines
connect Harrison with Cincinnati, and d
daily mail line connects the towus fur
Their up TIE valley with the first named
city.
These facts, duly weighed and consId
cred, must satisfy any reasonable mind
that there Is now population aud bust
mesa enough on tie line contemplate
by US 10 authorize prudent men TO un
dertake the the construction OF a Rail
road. The statistics we have Furnished
arc not diminishing In amount or value
lon the contrary, they are steadily In.
creasing-many OF them double ever,
i've years. How clear, then, how inds
putable Is the proprie,y Of pushing to
wards completion this enterprise.
But there are additional reasons, which
we will now proceed TO state.
There exists upon the Miami rive
at Miamitown. and upon the Whit,
Water, ut Harrison, Trenton
Cedar Grove. Brookyille, Metamor.
and Laurel. aud also from the fatrocl
at Nashville. extensive water power
which is applied 10 very limited ex
tent. to various manufacturing pur
poses. but notmor than one fourth I'll,
extent to which It might. There i
also much water power running'to vast
at many other places along Whit
Water river IL Is believed that III,
water power on our line. both that al
ready in use rs we'll rs that easil,
made available by hydraulics. is NOR
than double thatupon the Miami canal
| The smaller water power upon Taylor
Greek and Lick Run. useful though
may be. on account OF It's vicinity l.
Cincinnati. for some branches OF manu-
iacture. we do not include: nor have W
taken into consideration that which |
known toexistupon hesmaIlcr branch
es OF the White Water and the tubu
! taries OF the main branch.
Cincinnati and indianapolis ca. b.
looking at Boston, see what advantag
it Is to large cities to be the mart 10