The Council Bluffs nonpareil. [volume] (Council Bluffs [Iowa]) 1857-1867, 1858-07-03

FLOR the Nonpareii.l
s1ns N. 4 m. aaa CssaelI BisHs ri S. loser
EailssG1s.
viii work be cosnenced ON both or eth
Or of these roads at Couucd Bluffs, shis
season? is a question which W often heaF
asked, and ono that's uppermost in every
mans mind, but which can only be answer
ed after knowledge is obtained Of the re-
sources of the companies. of the availa-
bic means at tho command of the NJ. & NJ.
Railroad Company, We know but little.
But We know that they have through their
agent at this place, "a. NJ. DoDcE,) pro-
posed to commence work here this season,
if this County and Douglns County, N. T.,
will each issue Immediately, 100000 Of
the bonds, which they have voted to said
company. .f.., },sts ..la seaa Z.
In making this proposition, the company
certainly know what they are about, and
what they are able to do; and presume,
therefore, that they have funds at their com
mand, to commence the work and push for
ty miles of it to completion, as they pro-
pose to do. ''- ' ......fs..
Now, I, as an humble member of the in
dependent confederacy of Potta,cattan'ie
County, am most unequivocally in favor Of
our County Judge issuing the desired amount
of bonds, as soon as tho company comply
with the conditions upon which tho county
agreed to take the stock. As soon as the
company commence work at this end of the
route, with an assurance that tho work shall
not stop till thirty or forty miles Of the road
is completed, then issue the bonds as fast
as they can be used to advantage.
There is no good reason why there should
be any spirit of rivalry or opposition be.
tween the NJ. & NJ. and Council Bluffs & St.
Joseph Railroads. The people of Pottawat-
tamie County should extend to both, oil the
aid in their power. Council Bluffs is the
terminus Of both these roads, and it is great
ly to the interest Of the town and surround
ing country, that they be commenced as
speedily as possible. So. .s aa
When completed, there will DO no rivalry
or strife for business between them, but
they will operate as feeders to each other.
If the two roads ran parallel and near to-
gether, there might be competition between
them. But running, as they do, nearly at
right angles with each other from Council
Bluffs, their interests become identical in
stead Of adverse. One of them running
down the rich valley of tho Missouri, will
bring large amount of business from
Southern Iowa, Northern Missouri and Ne
braska to the other. Whilst tho NJ. Il NJ.
road crossing the State of Iowa, its whole
length, will be the means of greatly increas-
ing the business of the C. B. & St. j. Rail-
road. But, scan the latter road raise the
means to commence work this season."
think it can. .... .y4
Sections l and 2 of the act approved
March %, 1858, read as follows:
"That 1t shall be competent and lawful for the
ties owning Swamp and Overlooked Lands, to devote
the the proceeds thereof either in whole in
part the erection public buildings for the purpose
Of education, the building of bridges roads and high
ways building institutions Of learning, for max
hnV,,
such lands belong Provided, That before any OF said
land or the proceeds thereof shall be devoted to any Of
the purposes aforesaid the question whether the same
shall be so done, shall be submitted at some general
special election TO the people Of the county,"
'Thc proper officer officers Of county, may con-
tract with person company for the transfer and
conveyance Of said Swamp Overlooked lands or the
proceeds thereof, otherwise appropriate, the
to such person company to their for the pur
pose OF erecting carrying out any OF the objects
toned the first section Of this act which said Gen.
shall be reduced to writing and signed by the
spec.ive parties or their lawful authorized agents..
This act confcrs authority on County
Judges to enter into contracts with Rail
road Companies, to convey to them (the
companies) the Swamp Lands or the pro-
ceeds thereof, in their respective counties,
on such terms as may be agreed upon be-
tween the parties, subject to vote Of the
people. And all such funds must be used
in the counties in which the lands situated.
Now. for the purpose of enabling the
Council Bluffs & St. Joseph Railroad Com
pany to commence work Immediately,
would suggest to the Directors, that they
call for an installment of individual subscrip-
tons, at as early day as possible, for the
purpose of making permanent survey Of
the road, and at the same time, enter into
contract with the County Judge Of Potta-
ME County, for the proceeds of the lands
which have been sold to individuals, and of
the funds due from General Government
for lands sold before the selection of the
swamp lands. These two funds combined,
amount to about 49,, 900, sum abundant
ly sufficient to grade and tic the road from
Council Bluffs to the Mills County line.
lrrcsume, if the proper steps were taken,
the sum due from Government could all be
obtained, and made available in less than
six months, and the notes and securities due
from individuals, could be negotiated, with
proper management, in less than three
months. The company would probably
have to stand n heavy shave on the notes,
but this they could well afford. would
not propose to take these funds from the
county, without IN equivalent. / would
have the company pay the county in the
stock of the company. The county does
not need those funds at present, at least,
there is no channel which it could be d.
vcrted into, that would so greatly enhance
the interests Of the whole county, US the one
1 propose; whilst, at the same time,
tho stock given the county, would,
upon the completion of the road, be
worth nearly or quite as much in actual
cash, rs the amount Of Swamp Land funds
Al