Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1858-09-16
County usninatisns.
For Clerk Of the District Court,
JOHN P. ALLISON.
For Sheriff,
GEORGE L. TACKETT.


We are grained 70 KNOW tnAt tnis roao,
10 important TO Northwestern Iowa, is
steadily approaching US, notwithstanding
the severe money crisis operates with such
severity upon every enterprise requiring
capital. The directors and active agents
of the company having control Of this
road, are men Of indomitable energy, who
know no such word q fail, and no doubt
ia entertained BY any one that every effort
that men can make will be made BY these
gentlemen to forward the work. Yet We
think they would labor more efficiently
were they to devote more attention than
heretofore to the resources and capabilities
of the country upon this end Of the line to
furnish materials for construction. Per.
Che county ss1l o. u, bear united test.
mony 70 the fact that there is in the neigh.
borhood Of St. James and Concord, i'm
mediately upon the bank Of the Missouri,
the most abundant supply Of hard timber,
which can be procured on the most reason
able terms, and to any extent that may be
required. There i no scarcity of stone
and gravel, and il is believed that all these
necessary supplies can be obtained at an
expense not above the present cost in
Eastern Iowa. We have assurances that
the propriety Of commencing work upon
this end Of the line /. seriously contem.
plated BY the Board Of Directors, and that
such decision is held in allegiance simply
through fear Of not being able to procure
materials. We have no desire 70 dispel
this fear BY any other process than simply
to invite the directors or IN accredited
agent 70 come and see US. Our readers
should remember that directors alone can.
not build . road, however efficient they
may be. It i an enterprise Of the great
sst magnitude, and one, the benefits Of
which ere to be felt BY oil alike. II be.
comes ths duty, therefore, Of I'll 70 aid. in
20 far - their ability permits, in forward.
ing the work. The present j. . favorable
time for the progress Of roads, in view Of
the fact that labor and materials are low,
and money Is sbundsnt and seeking invest
ment at reasonable rates Of interest, yet it
Is unfortunate for our road that the pres.
ent financial crisis has had the effect TO
impair the confidence of capitalists in
western real estate security, hence with .
real estate capital sufficient in ordinary
times to build the entire road, our direct.
ors are unable TO negotiate any considera.
bic losa. It is proposed to obvists this
difficulty BY asking relief from the Stass
in .he uss Of her credit for the benefit Of
this and the other roads crossing the State
and - this measure cannot be consam.
mated without being submitted to vote
Of the people, it becomes very important
question, the advantages and dangers Of
which should b thoroughly esnvasssd in
order thas We may act wisely, prudsntly.
and in such manner - is most calculated
to benefit the people, and gasrd from has.
ard the interests VI the State.
In favss Of the measure il may BE- urged
that there 10 NO more desirable security
than State bonds; upon them could be ne
gotiated loan Of any amount required,
and upon the most reasonable terms
With such loan, life and activity would be
At once restored 70 every braach Of bust.
ness in the State-exteDsivs operations
would Immediately commence on I'll our
roads, giving employmsnt to I'll classes Of
laborers-msking market for al kinds
Of produce, and creating .. once % asss
rance Of the speedy complesios Of the
roads, the effect Of which, in developing
Western lows in settling our prairiss aad
10 snhascing the vaIus Of property. would
be imnseass.
On IL other hand must b. csnsidsssd
The danger u ultimaas loss 70 The Stats in
the failure Of the comps0iss 70 Iiquidats
interest " il mssssss. and 70 provide for
ths Sal rsdsnpsios Of ths Stats bonds.
II this hazard csn BE- sufficiently guarded