The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1859-02-10
ToLEDo low a
THURSDAY, FEBRUARY 10th, 1859
Iowa Central Air Line Railroad.

XHCRSpAI, ERHKTARl 10th, 1859
Iowa Central ar lime Railroad.
This unfortunate thing seems dome |
soan igpeminious death. Those to whom
Its nu, turc and care was entrusted, have
become its dcstroyers. The manner in
which it has been conducted, may not
have outraged the feelings Of those liv-
ing near its eastern terminus, sufficient
~ to prevent them from taking a place
among Il. mourncrs, and shedding tear
over the departure Of its ghostly form
those Of us living near its center aud west
ern terminus, considering its cphcmcral
existence, worse than farce, would vii
lingly have assigned to AS the labor OF
bearin. it to its tomb, and there if need
be assist tho :sst,n in hastily burying
il out Of our sight. It is fungus upon
our railroad interest through Central
Iowa, which needs cutting away, before
. successful road can be built. Let US
thcn. destroy or frightcn away shis ghost
of road that is now standing IN the
way Of a real one.
Those to whom its early care was as
signed have not only been rcmiss and
negligent but rccrcant and treachcrous.
They have so effcctually Slapped its
Foundation, as.to preclude all possibility
We think, Of an etfectual restoration BY
those who have since been called to its
aid.
Of this We are convinced by the late
conduct Of some Of the corruption stock
and bond holders
We learn that the Vice President has
has recently returned from New York,
failing to fill his mission and effect the
ssdelivery Of those bonds, held BY parties
there.
The former President, s. 5. Jones, not
content with his trickery and knavery
is now adding insult to injury, as will be-
seen by the following, clipped from the
Marion Herald Of the 81 inst.
1--WE have seen copy Of a proposi
ton made by S S. Jones, late president
Of the Airline Il. r., to the Commit.
tee appointed BY the las. meeting Of
the Board Of Directors, for the purpose
Of efecting disagreement Of the BlacE
Nail bonds now in the possession Of
said Jones. The proposition in nut
shell, as we understand il, is simply
this: For every dollar Of bogus bonds
surrendered, he very modcstly asks one
dollar and fifty cents in Land Scrip and
Town Lot Scrip, thus adding insult to
injury -or, in other words, asking SO
per cent premium for rascality. This
appears to US decidedly cool. Unload
the Company Of nearly million Of dol
lars worth Of rotten, fraudulent bonds,
and fasten nearly million and half
Of dollars upon tho only reliable means
Of building the road We have. This,
certainly is great stride in shrewd rail-
road 6nancicring. We think it fully
equals any Of his past transactions.
We understand the committee to whom
this proposition was submitted, has call
ed meeting Of the Directors FOR to- or.
row evening, to pass upon this peculiarly
shrcwd document, and next week We ex.
psct to be able to chronicle the fact that
it Was summarily disposed of BY kicking
thunder the table and fling i among the
long list Of Infamous acts that $ S
Jones has placed on 6le against himself
Mr.. Jones thinks he has the whole Com.
fany in his breeches pocket, and can ex
tort from them to his satisfaction, which
would DO hard to circumscribe, if left
free.
- We are in receipt Of the Janua.
Sy and February Nos. Of the Great Re.
public Monthly published at Now York,
y Oaksmith 4 Co., for s3,00p per annum,
Each No. contains lis pages Of ia.