Grand River times. [volume] (Grand Haven, Mich.) 1851-18??, 1856-12-10

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DETROIT AND MILWAUKEE RAILROAD
The board of Directors of the ID, ~ M. Rail-
road Company, have just issued their first an
nual report, since the consolidation of the
Oakland and. Ottawa Railroad Company,
with Detroit and Pontiac Railroad Company.
The report states that Messs. N. p. Stew
art d. Co. have surrendered the contract which
they had made for the construction of this
!. road west of Clinton county This firm are
to finish the road to Owasso, to which place
the road is to be opened on the first of Janu-
airy next. The seventy-eight miles of road
between Owasso and Grand Haven, is to be
completed by the first of September next
1t has been re-let upon favorable terms. On
the first of January there will be open 1l2
miles Of railway, furnished with ample roll
ing stock to do all the business that may be
required.
The President of-the Company effected a
sale of million and a quarter of the first
mortgage bonds, in London, with part of the
proceeds of which, the iron for the remainder
of the road to be constructed has been pur
chased, and the balance of the money thus
raised, is to be applied to the construction of
the road west of Ottawa, and to no other pur-
pose whatever.
To provide for the necessary fitting out of
the road when it is once constructed, sec
oud mortgage has been executed, to the
amount of two millions to secure eight per
cent for a million of dollars, which it is
thought can be sold on favorable terms, to
purchase the requisite rolling Stock and to
furnish all the appurtenances which must be
on hand by the first of September next
This is the condition Of the company at
present, and we should Judge that it looks like
making prompt work of the remaining un-
completed portion of the road, and also like
getting ready for the business which will
crowd upon it as the last rail is laid.
Grand Rapids Daily Eagle.
"SLAvERY IN A REPUBLICS SECTIONAL"
$50 says the Grand Rapids Eagle. We
heartily concur in the statement 1t cannot
be too often; repeated. The election of Mr..
BUCHANAN settles the questionable election
of Mr.-BUcHANAN determinesthat Slavery is
Sectional. 1t determines that the Slavery
question belongs to the People of the Terrific
ries, and not to the National Congress- If
FREMONT had been elected, Slavery would
have been determined to be National and the
National Congress would have legislatcd
upon the subject, and the People of the Ter
rtories, in their local capacity, would have
had nothing to say about it.
The great Question of the Campaign was
whether Slavery was Sectional or National
The democracy said it was Sectional, and
that like any other sectional question, it
should be settled by those interested. Slave
cry in South Carolina is sectional, and we
in Michigan, have nothing to do about
We might just as well say that the Bank
ing Laws of South Carolina were National,
as to say that Slavery was National, then
could Congress legislate upon The subject,
and John G. Fremont should be President
instead of James Buchanan. The People be-
lieved that Slavery was sectional, therefore
they elected James Buchanan.
Grand Rapids Daily Enquirer
SUIcIDE.-A man, whose name we have
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