The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1857-03-12

are you. And il you entertain the hope
that such q branch road will pay expenses
and anything more, you exhibit the triumph |
Of hope over experience. After q careful /
survey Of the whole premises, regret to say
that entertain no such hope.
1t has been your custom and very con- |
venient one, to answer all objections to your
most astonishing administration of the affairs
Of your road by attributing them to interest |
ed motives. l, for instance. am q stock hold |
er and director in the e. 4 G. Il. T., and there
fore, this Expose arises out Of hostility to-
wards your enterprise. will not say, that
in so doing you attribute your own motives
to other men. but will say that all such OBJ
Elections applied to me are impairment.
| occupied the same position which now
do, when became for the sake of my Ev-
ansvlle interests, stakeholder in your road.
The L. e. c. r. r. was then in danger. Now,
she is safe and independent, with but small
floating debt and an excellent reputation for
solvency and prudent management. My d.
rect interest in the success of that road has d.
minished whilst my interest in Evansville
has very much increased, and may safely
appeal to my fellow-citzens for the cons;sten-
cy of my course in encouraging every Evans
vile enterprise. But l understand that
have an interest in coal mine, here at home,
and your road is to bring coal from abroad,
and therefore, am hostile to it. Well, sir,
} when you can carry coal from abroad, wheth-
. er 80 or 60 miles on railroad, and undersell
, The mines under the town, Evansville will
have no advantage in the matter of fuel, over
l Louisville or Cincinnati, except perhaps, the
r difference Of ten or dozen miles of railroad
) and carriage. Sir, you and Mr.. Carpenter
: may as we'll dismiss all such considerations
I as these, and put yourselves, and not your
Indianapolis road on the defensive.
, Your enterprise is not attacked. On the
contrary, am its warmest advocate against
the men who, whether wilfully or ignorantly
) have stabbed it to the heart, and spilled the
, life-blood which q whole people had infused
r into its veins.
f And now sir, having discussed your own
: remedy, you may hear mine. 1t is, as be.
t lieve both simple ar d practicable.
\ Cancel .tsat contract;' - return again tc
your early policy schedule your assets and
t liabilities; ascertain the value of the different
kinds of work done. That work is chiefly
imperishab.e and so will show but little loss
( there. Abandon all further idea of perisha.
Q BILE structures or rails till the proper time
5 Push on your surveys and estimates to com
pletion, not having too much regard to
: straight lines or too low grades. Reopen your
books for stock to be paid only if the road is
4 presently to go on. As soon as your estimates
{ for preparing tho whole road for the rails car
a be made and fyour schedules are ready cal
g meeting of the stockholders, and give them
Q full report of the condition of the line as as
certained by such proceedings, and unless :
much worse state of things exists than am
I informed of We can still 60 forward, slowly
: perhaps at first, but yet surely. Let it be un
n derstood that the leaders evince spirit o
4 sacrifice, without which no great :good is At
' tainable; and | will answer for final success
: There is! no cause for dependency; the fu
I ture is full Of hope. The progress and pros
lpects Of Evansville were never so good as a
!, this moment. The whole country is prosper
4 Gus; the valley of White River, never 81
= much needed this road as now, and was neve
SO able to give it aid in construction, or bust
i ness when completed, with a prospect one
. more established, Of completion, Evansville
will most checrfully deliver her remainin;
!. bonds to DO used rs first agreed upon. Tn
Henderson s. Nashville line has better pros
). pects than ever before and will believe Ger
q tainly be carried an to completion. As yol
; told US at first when our road is made read,
for the rails there will 10 10 difficulty in oh
= tanning them.
Let us then pray you, overlook the pas
and unite on the only hope Of success. Ant
strive, and hope on. and sin due season w
9 shall reap, if we faint not"
Yours truly, JOHN INGLE, Jr.
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