St. Charles City Republican intelligencer. [volume] (St. Charles City [Charles City], Iowa) 1857-1861, 1858-04-15
dasst@ara t9e Course Of empire tahes its dQ(ap. -

. sull Has more llan luStluCu our Coli-
clusions, the work being now 50 far
! advanced as to not only warrant us in
believing that it will be fully compile
ted within the contract time, (Junc
|, 1858, but that the contractors will
realize to themselves handsome
profit on their several jobs.
The contracts thus far given out,
have been i'll pursuance of a line OF
policy marked out by the Board at an
early mccting-a line Of policy fully
discussed and unanimously adopted,
to govern them in the handling of the
trust committed by the stockholders
to their hands, and which will be in
t1exibly adhered to so long as the
management of the interests of the
| Company remain in their hands. 1t
was determined to let all work at the
lowest CASH FIGURES, rcscrvlng to our
selves the entire disposition of the
stock of the Company, and to construct
no more work than we could sec dis
tinctly our way to pay for, as it be-
came due on the monthly estimates Of
the engineer This we deem to be cs-
sental to the success of our project,
and as yet we have seen no reason
why we should depart from the line
thus distinctly laid down on the
other hand, we have every reason to
feel gratiiicd with our success, for al
| though business of every kind has
been ovcrtaken and Frustrated by one
OF the severest money pressureS ever
known, yet we have been enabled to
keep along with our work, without
dlScharging a contractor or man,
and have 50 far promptly met every
estimate. For this success we are
entirely indebted to our stockholders
in the country, who have come for
ward at every call with their means,
thus enabling US to keep along, while
enterprises OF kindred nature, older
in experience, and with more wealth,
have every where been obliged to
suspend.
This result speaks we'll for the re-
sources Of our country, and should we
continue to receive such substantial
support and encouragement, there can
uC HO ioolli lpl IL tOuDI VI Oul SuCIcSS
Our orga nization, as its name indi-
Gates, is for the purpose Of building a
great trunk Rrailroad through the
northern portion OF our State, tray
ersing the eutire breadth from Nc
Gregor, on the Mississippi River di-
rcctly opposite the western terminus
of the Milwaukee X Mississippi Rail-
road, To the western boundary of the
State, and FROM thence TO some feast
bic point Oh the Missouri River. This
| will strike you at once as being a
giant undertaking, but any one at all
acquainted with the capacity of the
country through which this road will
run, to yield business, when the requi-
site facilities are afforded to move its
products to a market, cannot but be
fully satisfied of the necessity which
exists for the building of this road.
1t must, | think, be obvious to any
one, that this road shall penetrate
those broad and fertile lands lying
west and north west of Clear Lake,
in the county of Cerro Gordo, that it
will command and receive an amount
of business equal to that enjoyed by
any road of similar character, cith-
CT East or West.
Now, if the foregoing conclusions
be true, it follows that road built
within the low estimates of our Engi-
necr, must yield handsome net in
come, and although Il great enterprise,
cannot be premature III its commence
ment.
The necessity of the construction of
any Railroad is found in the country
proposed to be opened by the building
thereof, and its success, when con.
structed, depends entirely upon the
productiveness Of the country tribu,
tary to it; hence it is, that in the
building Of our road through portion
of our State so rich in the wealth of its
soil as is Northern Iowa, the success OF
our project will depend entirely upon
the ability and disposition of the peo,
pie to do. Our confidence is, that
with the present spirit of the people,
their intelligence and their enterprise,
the efforts of the Company will be st
substantially sustained and strength
encd, that we shall be enabled to ac
complish the great work we have un
dertaken. JoHS Thomson, Pres.