The Council Bluffs nonpareil. [volume] (Council Bluffs [Iowa]) 1857-1867, 1858-11-13
x-sEE FIRST. THIRD & FOURTH FACES. =:
County Bonds-rhe ". l. VI. Railroad Company.

County Bond.-rhe ". l. VI. Railroad Company.
From the last number Of the Oracle, we
should Judge the editor thereof belonged to
that class Of "over- cautious" citizens, SO
feelipgly alluded to by the Bus'e, on the 18th
Of September last. The Oracle thinks the
NJ. & NJ. R. r. Company should give the
people of this County sample security for
the fuflmeu, Of any promises for the future,
before dollar of the Bonds Of the County
Be issucd,' and says it ''will hold the
County Judge to strict account for incur
ring n County debt Of so grave Importance
upon less just and necessary terms" 1t
says it is impeled to take this position, from
n positive belief that the Company have
commenced work here for the sole object
If securing the issue of the $500. 900 Bonds;
ind TIM. as soon as that object has been
effected ..vork ,ciN cease, not to be recon-
n,encea again for years." Upon what the
Oracle predicts this opinion, is not vouch-
safed to the public, and we are therefore,
left entirely in the dark, as to the source
from whence our contemporary ga!nea th'S
importan, piece of information. 1t IS GER
.ainly not predicated on anything tho Com
pany have been guilty Of IN the past, Tor
the Buyls (Which just now seems to be
GOOD authority with the Ordcle,) says that
the Company share lirsa up to its promises
in all ccses tchere material aid has been
furnished them" Therefore, as it is hardly
possible that, in this instance, tho Oracle
Judges of the future by the past, we are left
without conjecture as to the hypotheseS
on which it based the opinion above gwen
Under the circumstances, therefore, We
have no hesitation in saying that the charge
is merely hypothetical, and assumed without
coed and sufficient reasons. 1t Is very
easy matter to make assertions, but au'se
another thing to substantiate them. 1t may
bs that this Company have made promises
to this County that have not been tuIhi1ed'
but at tho present writing, we are unable to
recall any such to mind. They promised, II
this County would vote loan of S3OO,OOU,
that they would complete the Road to
Council Bluffs, from three to four years
sooner, than they would be enabled to do
without such loan--and we have reason to
believe they will fulfil. this promise. 1t is
not too late, vet, for its fulti!ment. They
nromisea to commence work here tins sea-
son, and they have done so. If the Com
panv have made other promises, We are not
aware Of them.
Tha, i: is the intention Of the Company to
dcfraud the people Of this County by OBJ
tanning the Bonds, and then abandoning
work in this County until some time in the
remote future, TIE do not beliere. II 1t can
be shown that the Company have ever been
guilty Of n like mean transaction, then with
the Oracle, we will be in favor of requiring
the Company to indemnify the County
against any and all such emergencies, as
"some Of our over-cautious citizens" now
profess to anticipate. In the meantime, and
until we are convinced that the Company
intend 10, or that there is probability that
they uiN, defralI the County in the manner
predicted and insnuated by ''somc of our
over cautious citizens" we are decidedly
in favor of extending the aid, voted to the
Company, by the citizens Of Potiawattam'e
County, upon the promise already made,
tina. the work should be constructed through
this County, rs fast rs money and means
could BE- obtained for that purpose.
We have come to this conclusion-.tiIst,
in oood faith towards US, in commencing
work here. Second, because We are told,
md hayeno reason to doubt its truthfuIness,
G,hat the Company have lived up to its
promises in ill cases 'rherc material aid has
been furnished them Believing thus,
could we consistently be otherwise than
"wiling 10 repose n little confidence in the
Company ?" We think not. Again, the
Company are bound, by the act of July IA,
1856, to have 81 miles Of Road west Of Iowa
CITY, completed within one gear from the
lst of December next, and 81 miles compile
ted within t.co years from December LIST,
1853. Taking into consideration this fact,
and tho fact that work has been commenced
on this end of the line, with promise to
push ahead as fast as means can be obtained
for that purpose, it is not an unreasonable
supposition, that the road through this
County, will constitute portion of the 81
miles of Road which the Company are bound
TO complete withia the nert t,co gears. We
may be mistaken, hut nevertheless, We give
it as our individual opinion, to be taken for
what it is worth, that j no more than i miles
Of Road is completed west of Iowa City, by |
the lst of December, 1860, the road through
pottawattamie County will constitute u
part of said 81 miles, that is bound to BE- |
built within that time. For the faith that
is in US, we have only to cite to the past
actions of the Company, and their present
movements.
The Oracle, having exhausted it's granary
Of predictions and maiapropos observa,ions
in regard 10 the intentions and designs Of |
the NJ. & NJ. R. R. Company, with an eye
singled to imaginary local benefits, puts in
ord for the Council Bluffs and St. Joseph |
Railroad, and institutes an invidious com.
parison between the two roads, relative to
tho comparative benefits to be derived !
from their early completion. 1t is not very
happy, however, in Us expressions Of dis. |
satisfaction with the former, but with ILL., |
concealed jealousy, tries to wheedIe the
farmers "trades-people' and mechanics
of the County into making common cause
with him over his imaginary wrongs. After
stating that large majority of the people |
of the County, would insist upon the Co.'s
giving security for the faithful expenditure
Of the proceeds CT the Bonds in the County,
together with an equal sum of their own