The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1859-12-01
Our Railroad Prospects.

Dubuque, Marion and Western Il. r.
Company in which the former transfers
all her right title and interest in and to
the land grant and right Of way, to the
latter, has certainly diminished rather
than increased our prospects Of Rail
road from the east at an early day.
Our reasoning which leads Us to this
conclusion is simply this. The Iowa
Central Company which held the land
grant had become bankrupt, and beside
had 50 rascally managed affairs, tina. she
had driven away public confidence, be.
You'd restoration. This being the case
it was easily foreseen that the Legisla
ture would transfer the grant to some
other Company. As affairs stood before
the sale it would have been quite natur
al for the Legislature to have transferred
the grant either to the Chicago. Iowa &
Nebraska Company, whose road is new
built to Cedar Rapids, or to the Cedar
Rapid, and Missouri Company, which
was organized last summer for the pur-
pose Of building Railroad from Cedar
Rapids Westward, on or near the Aud
parallel, to the Missouri river,
The new Company, the Dubuque Ma
rion and Western, are formed for the
purpose Of building Railroad. on the
line once intended BY the Iowa Central,
and having all the rights whatever they
NAV be. Of the land grant sold to
them, they will be the strongest compel
i.ors for tire transfer to, or confirmation
Of the land gran: in their hand,. They
viii come before the Legislature, with
less real claims, but stronger and more
available force, We predict, than any 9th
or Company. They will have besides
their .wn force, and the little which ms y
be given by the Iowa Central, the iuau
ence Of the City OF Dubuque, the Du.
buque Western Railroad Company, and
the Dubuque and Pacific Company
Thin, &c are bold to confess, We fear is
too much for any other Company to con
tend against unless some Of the cities
alcng the Mississippi, awaken up in time
to the fact that Dubuque is backing this
scheme. not only to her own advance
mont but to their dstriment, b. seeking
10 draw the produce, Of that part Of the
State. to her own market which proper
" belongs 10 theirs. # this state Of
facts Is properly considered hy them ws
shall undoubtedly receive their aid in
opposing the transfer Of the land grant
20 this new Company. But thcrc is
another reason which We fear will be a
cosent one with the Legislature, for
transferring the land grant to the Du
buaue, Marion ard Western Company
i. is the avoidance Of litigation, which
might arise il tn: grant should be trans
terea to any other Company.
Should the land grant be continued in
tie hands Of the D. NJ g. w Co, the
whoe line Of road from the Mississi ppi
river to the Cedar will be built before
the latter stream is crossed This is ey
ident from their reports, although they
seek to palm off upon thu Counties west
o. Linn, that it is their intention to start
at Anamosa and complete the line west
ward frst.
We nave no doubt if they continue
to have sufficient vitality, they will first
construct the road between Anamosa
aud Marion. Then THAR attention vii.
DC turned eastward and we may wait un.
til 81 miles Of nearly useless road Is
const.ucted-which will not bring it
any nearer to US than We are to day
and until nearly one half Of the land
grant is squandered. The citizens Of
our Town and vicinity will not fail to
perceive, that if this new company final
~ receives the land grant it will be built
upon the old alignment Of the Iowa
Central, which through our County pas
scs some eight or nine miles north Of
Us. Let us take whatever action we ca n
then, to oppose the transfer to this new
company; pray and laboring For the fates
to favor us. Something may be done by
reporting yourselves 1t the Treasurers