Clarksville chronicle. (Clarksville, Tenn.) 1857-1865, 1858-10-22

I~~~Hi NNA AOAuOooSS AANSA W
Paris............"... ,000
MEANS APPLICABLE TO THE ABOVE.
State aid NJ c. 4 L. r. r. for
Tennessee bridge. $100, 900
State aid N. & North Western for
Tennessee bridge.................. 1O0, 900
State aid, for iron, $4,000 per
| .......................... 260, 900
Total. $3.50 900
Detioit.............. $1,000
put any surplus Of bridge or iron
money from State aid we may have, into
the construction assets, because we are al
lowed to do this by an act of our last
Legislature.
This twenty-six miles of road, let it be
borne in mind, is common track not only
for our two companies, but for the North
western company, which road, as you are
doubtless aware, begins at Hickman, in
Kentucky, thence to Paris, thence on this
common track to the Tennessee river,
crossing at the same point with us, and on
the same bridge; and by an act of oar
last Legislature, this company is authoriz-
ed to unite its bridge aid with ours aud to
have the same line Of road as far as we 20
together, upon such terms as the COM
panies may agree, and we have agreed thus
to unite our bridge aid, and each to build
one-half the road bed. BY our articles of
consolidation with the Memphis and Ohio
Railroad Company they, too, became bound
to furnish their proper share. Thus you
see these companies combining and uni
ting upon this Pvint. Taking into the
estimate fifty thousand dollars of indi-
vidual stock, pledged to us by reliable
and wealthy citizens of Henry county, the
revenue of the Memphis and Ohio and
our company, of the Northwestern com
pany, and without using mortgage or
income bond, there remains q deficit of
thirty seven thousand dollars. I think
you will conclude with me that this deficit
is more imaginary than real
Thus you see from the very beginning
of the enterprise to the present time we
have thought of no other connection but
with your city, and no one has done more
to fix this policy than the president of your
company; and while he has declared to
us his determination to bring the main
stem of the Louisville and Nashville road
to a reasonable point of completion, and
to expect of us the same reasonable show
ing of progress in Tennessee, before he
would commence the Bowling-Green
branch, he has never failed to assure us
that when this should be the case, Ken
lucky would do her part cheerfully and in
good faith. We have already suffered
much from the delay in commencing this
link in the great chain of connection
Our bonds have been sacrificed, our stock
has deprecated, our credit has suffered
under it, and our road has been ridiculed
as one beginning in the woods and ending
in hollow tree but we have been patient,
wishing to pursue no other connection
1st, because we believed it to our interests,
and above all other considerations, we feel
that our capital aud energy should be so
directed as to contribute to build up at
least one great emporium Of trade on the
Ohio and in the limits of slaveholding
State and it is not only matter of policy
but Of good faith, that the different links
should be completed as nearly simultane-
ously as possible, SO that the proceeds of
the road may become not only means Of
paying accruing interest, but l have no
doubt in our care, a source of compensat-
ing dividend to the stockholders.
1t is to me somewhat strange that Gov.
Helm should be complained of by citizen
of Louisville because of the interest he
takes in this branch. He is the president
of both aud is in the line of his duty in
giving attention 10 both or either; and
which. let me ask you, is Of most advant-
age to your city, a road connecting her
with the Mississippi, and running for two
hundred and sixty miles through the most
fertile and populOus portions of Tennessee
and Kentucky, or one from Bowling Green
to Nashyillef As a stookholder in the
main trunk, looking to dividends alone,
would you not consider it to be his i'm
perative duty to secure link which con-
meets il with SO important feeder3 That
a newspaper published in Nashville should
make the complaint, is not q. all strange.
IL is obvious to any one that unless We get
|, this branch, We must come TO your road