The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1857-03-11

Real estate and bonds, 10000
Mortg. bonds to buy rails, $4,000
$4,000
| And all the rest are, OF course, at the ser
vice of the Financial agent" if not Of ''the
contractors" for he has repeatedly demanded
the remaining hundred thousand city bonds,
and is busy closing up even the ragged rem
nant Of the ca subscription, to which even
this "give.all' contract does not entitle him
as contractor That is the account against
the road. Now, look on the other side. The
city Of Evansville, last summer meekly ask
ed, when you summoned her to stand and
deliver the last Of her bonds, what was the
estate of the work. and the prospects OF the
road to Indianapolis" And you answered
her. "your bonds. this instant" "Give me
the bonds or wilt take them" city Of
twelve thousand inhabitants, which had sub
scribod 100000, and paid half of it, and
which had not been vouchsa'ed any iniorma-
ton for three years. Of the progress OF the
work, was not entitled to a civil answer to a
civil question from YOU honorable gentlemen
And she, considering the source, pocketed the
slight but so did not your contractor pocket
the bonds What then, is the state OF the
accounts on the other side? What has been
done by the contractors to entitle them
whether i'm one capacity or the other, TO put
| their hands on ALL or half this one million,
seven hundred and ten thousand dollars! AS
the city asked last summer. | now ask, what
is the state OF the work. and the prospects oil
the road to Indianapols?" And this question
| have already partially made you answer;
but the rest Of that answer, l now take from
the evidence furnished by You, and not all
adduced by me, and in view Of that evidence,
ESPECIALLY, OF your appropriation oil all our
subscriptions to Carpenter & Co, for only
partially building the road to the Ohio and
Mississippi r. r., and thus beggaring the
Company. leaving it in debt to Carpenter &
Co., without dollar with which to COM
mence work on the second and most expen-
sive division. | now charge that you and Mr.
Carpenter Il Co., long ago abandoned all in
tention in good faith to build our great through
road to the Lake, ard to open to our COM
merce the Wiley Of White River, for which
alone we subscribed our stock. That you
all OF YOU, Willingly or unwittingly, have
long been i'm the service OF Willard Carpenter
&c Co., and not in the service Of the Evans
Vile, indianapolis and Cleveland Straight
Line r. &c Co. That you have turned
over from us the Company to Carpenter &
Co, all our interests, and all the assets in
being or expectancy to he by them appropria-
ted, not to build the great road or to attain
the great objects for which we gave you our
money, lands and bonds, but for the petty
sorry. almos. useless object of building an in
solvent and Improbable Evansville branch o.
the Ohio and Mississippi Railroad; . mere
branch road, which can't negotiate bonds for
rails any more than 1t can pay bond interest
! alter laying them down, and a branch road too
not to be operated bv US the stockholders, but
by the great o. & NJ. r., r., which if it be OF
any value to that road, will know how to &C
quire the entire ownership at our expense;
and il it be Of no value to that road, j,
will so treat it as to make it utterly value
less to Us.