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

heu TIC COutTdC" IOI ouiiu'h6 s"S S"s"S ioo" |
"from here to Indianapolis The first section |
twill be done in one year, the second in two, |
'and the third to Indianapolis in three years.
"Tbe making Of this contract places be-
"yond the possibility ola doubt the construc-
.'tion Of the road speedily. This company has
''funds and CLERGY, and talent, and IL they
"can't build railroad, the world can't. The
friends OF the road will be delighted to hear
'this news. There will be no talk about its
stopping here and there on the line, but all
must te persuaded, tina. it must be good for
indianapolis.
Besides Mr.. Carpenter, who is a host
within himself We understand that there are
'other wealthy, influential Eastern parties en-
gagged in the contract. This is the best step
"the company could have taken"
Now sir. is this, or not, an official announce
ment? Though it has not the signatures OF
either President or Secretary, it has foot
prints not less unmistakable than your own
autograph.
And astounding as was the act which,
without consultation OF, or intimation to
stockholders, yourself and another had done,
this is the only official information, as now
believe, which we received until we saw your
annual report Of May 10th, 1855, just year
afterwards. The above notice, need say,
was an opato administered to US, the patient,
to put US to sleep under the operation; and
the manner In which it succeeded, attests the
skill Of the operators. copy of that con
tract is before me; have read some law and
much light literature; but sir, have never
yet seen fiction stranger than the facts which
1t developes.
This contract, purporting to be made du-
ring this session Of day, of the new board,
bears evidence that it had been prepared when
no Board was in session; and so reflects light
upon preceding documents already quoted.
1t is: not the hasty work Of an hour; but
bears the impress OF labor and thought, as a
contract, involving millions, always should;
and yet the liable address" Of yourself the re-
elected President, to this same Board, on the
81 me day, OF the day after this contract was
finally passed by the board, whilst it is not
Short and is quite diffusve, passes this most
important OF all your acts or CONCENTRATIONS,
in utter silence May he SO bold as to say,
that the reason OF that silence is obvious.
The address was made for publication; so
was not the contract; and any alusion to, or
recommendation Of the contract to the Board
implied statement OF its terms.
! / notice, that somewhere, there is a state
ment that this contract was unanimously ap-
proved by this new Board; but how many,
and who of them, were present, no where
appears to the public. know some Of these
gentlemen. and am sure that not one OF
them. whom have the pleasure OF knowing,
would have approved this document, had they
understood its full Import; which, however,
is not at once apparent to non-proessional
railro all builders or contractors. And you
are c'elry Of my opinion, that this is an ex'
extraordinary contract, and either fit to be
seen on Wall street, nor along the line; for
although it is your settled practice to append
to your reports and exhibits all sorts Of doc
uments pertaining to the road, orders Of the
board, orders OF town councils, acts Of the
Legislature, copies Of bonds and mortgages,
lcomparativc statements of costs Of railroads
pertinent and impertinent, you have never yet
Judged it advisable to give us this document
in which was bound up the salvation Of the
whole enterprise. In your official address o.
the same date-nay, the day afterwards ac-
cording to dates-you did not so mach as al
. Jude to it; and what is still more to be re-
GREETED, in your report year afterwards tc
stockholders, the first official document which
notices it (as | now believe), whilst no copy
was given,-that we might judge for our.
|, ~
strument, which am very sorry to say, very
widely differs from the document itself, . Co
py of which now lies before me-
; That there may be no mistake in this mat
ter quote your statement so far as it describe:
, the contract. | will then give you my owl
construction, and for the proof Of my correct
ness, will exhibit my copy obtained from TIT
office OF the company, to all who desire TO Sc,
- 10 h. al
, now quote from your Report to stockholder
of May 10, 1855.
I'm the ::month of May last, tho Board by
UNANIMOUS vote Of the Directors entered
''into contract. which is spread at large upor
the Record, with Willard Carpenter e Com
''pany, able and energetic contractors for tn,
building Of the road from Evansville to In
: 'dianapols, in three Divisions, for the consid
'eration Of thirty thousand dollars per mile
''all payable in stock and bonds ut par, al
"the work progresses. The contractors t
'lind the iron and all other material anC
, build the road, with all the bridges, turn
''Outs, switches, wood and water stations
'ample passenger and freight buildings, ma
''chne shops, engine houses and other neces
''sary buildings for the road at Evansville, In
''dianapolis. the crossings Of three rail roads
'and at every ten miles on the line. Th'
''road to be first rate |. Railroad, Of sixty
r 'pound rail to the yard, with heavy. white o.
"bur, oak ties, nine feet long, and facing egh
'inches. The Road to be perfectly ballasted
, "and he made in all respects to the acceptance
'of our chief Engencer, in three divisions; eacl
division TO be subject to our use. as soon a:
/, "the iron shall be laid. The whole road to b,
. completed by the month Of December 1857.
The Report goes on to adduce reasons fo
this letting, and why the price is so high ant
+, concludes By reference to appendix F.
which is table Of roads which show a mucl
higher cost; but it is remarkable that Their
: is no illusions to the fact Of the route being
more expensive one, than was at first counted
on; and no attempt so show airy estimates b,
an Engineer.
0rJudge Kane of Phiadelpha. and his sol
arrived in the city on Sunday. to await tn
: arrival Of DIR. Kane's remains.