The Evansville daily journal., 1855-05-07
[From the n. Y. Railroad Advocated
Evansville, Indianspolis and Cleve.
lamd Straight Line Railroad.

(From the N. Y. Railroad Advocate.
Evansville, Indtanapeiis and Cleve.
land Straight Line Railroad.
For the sake Of truth alone, we stoop to
d;sprove the assertions Of the Railroad Jour-
nal, in its repeated libelous attacks upon the
above road.
In the Journal Of April 2lst it raises the
following points:
lst. That the company building the road
have commenced the issue of bonds not Sc
cured by mortgage on the road, and before
the road has been put under contract.
I'd. That the road will not pay at cost
of $40 900 per mile. Also, that the district
intersected by the road ais one of the poorest
and most sparsely settled positions ofthe
State"
Sd. That Mr.. Smith, president Of the road,
had estimated its cost at 900 per mile,
whereas it is under contract Tor $50,OO0.
4th. That the road is intended TO extend
from Evansville to Union, instead OF from
Evansville to Indianapolis only.
9th. From this last-named circumstance,
the Journal argues all sorts of personal dead
ly enmity on the rart of the President of the
Evansville road towads road already con.
s,ructed from indianapolis to Union.
REPLY.
The T.. I. g. C.. R. r. Co. have mortga-
ged, as most Western roads have had Ucca-
sion to do, the real estate subscribed to their
road. The security of the bonds referred to
is in the real estate pledged for their redemp-
ton. If real estate IS legitimate security
for loan, the purchasers oil the real estate
bonds will not lose their security, wheth ef
the road is built or not. The Journal strives
to create the impression that the bonds now
offered have no security tall. So long as
The intent is libelous, that sheet should pay
the penalty Of libel.
Second. The revenue Of this road, as oil
all others, is entirely a matter of opinion
The Journal is entitled to its own opinion
But when it's editor, who prides himself on
his geograp phicai knowledge, INDUCES wilful.
" i'm euch a violation Of known facts, as to
saw that the southwestern portion of India.
ma is one Of the poorest and most sparsely
settled portions of the State, he deserves
never TO open his mouth or to lift his quill
, again, in public. A school-boy of ten years
knous better, and SO does the editor of the
Journal "Poor!" Eve don't mean the edi
tor)-in the first place 60 and see for your
; sclf. In the next, if not inclined to TAX.
o, zetteer, any travellers hand book. any cen
sus reports, the assessors roll, OF anything
, prete nding to give the facts Of that region
The fertility Of the White River valley i
i. next to q proverb.
"Sparsely settled" In 1850 Indiana ha,
o 81 counties, containing 98S, ,4l6 inhabitants
. Average population of each county 10,862.-
Average extent of each county al squar
IL
i Green, Monroe, Gibson, Pike, Daviess, an
: vanderburg counties 10 in all, and all lyin
upon the proposed road, had an average ex
- tent of 399 miles and average population O
e IL ,665 each. But in other parts Of the Stat
u railroads have been built since 1850, en-
>. perhaps the same distribution Of popuIato
!, does not now hold good. If not, the create
:. is the need of the Evansville road, that tn
counties on that line may recover thei. jus
d position.
le Again the Journal says the road is in tn
n immediate vicinity OF the Wabash and Fri
-, Canal Let any one who wishes to kno,
the Journal's opinion Of such a"vicinity ''rea
y its leader Of Feb, IL. "a. Not only thel
D. but at many other times, it has urged ;h,
the canal dev elopes business for the railroa
and that il is a most powerful and valuabl
10 auxiliary.
Y, Third As to Mr.. Smiths estimate. Nj
=. Smith is not person whore business il
to make exact estimates. If he estimate
- that the road could be built for $4,000 pt
le mile, he estimated rashly. II is enoug
that the engineers made no such estimate
10 And il is quite enough that the road will b
=. built under existing contracts. as reasonabl
), as most other Western roads. Instead
IN laughing at Mr. Smith for such a reckle.
pd estimate, the Journal chooses to hold hi
r. to accountability, because the road canno
n. and therefore 10 not to be built at that esi
y. mate.
be Fourth. The E.. 7. & C. r. R. Co adop
in ed the line from Evansville to Union, sr
still claim the right to extend their road
Union. But from the first, the constructic
r. of their road, east of indianapolis, has d
er pended on the contingency of the chan.
IS of gauge by the Bellefontaine road. Th
te has been always understood. The easter
ot division has been disclaimed. (on condi il
rs of the change OF gauge,) in commune
7g ton from Mr.. Smith, and published in Il
Journal Of October 18th. 1853. It is all
,g expressly disclaimed, on the same conditio
ht on pages 6 and 7 of the company's exhib
no printed last year at the Railroad Journal Q
70 fee.
r. As we'll might the Journal conceal Il
ic- .icondi,ion" i'm bond, and urge that the CO
p- veyance of the bonded property was inev
nut table, as to urge that the construction of d
cd Evansville and Cleveland road to Union W
Of independent Of any contingency. r.
es gauge of the Bellefontaine road is alrea
changed, and no attempt TO build the ne
cir road east of Indianapolis will be made.
e. But what if it should be! What If t
ps Erie company should obtain a charter
nd extend their road to Boston, and should
his so! If the road Of the Evansville compaI
se be built to Union, it will be built by co,
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