The weekly north Iowa times. [volume] (McGregor, Iowa) 1857-1867, 1860-10-17
The Railroad.

The Railroad.
This North Iowa is again "up in arms
on the Railroad question. We gave, few
weeks ago, an account Of the initial move
,nent, and it will be seen that meeting is
called at Clermont to complete the arrange
mcnt on paper. After that we will know
something definite. ..4.
We notice by the DEBORAH Republic that
Mr.. Dwight met the citizens Of that town
on late occasion and gave them his views
of the feasibility of the plans now in pro
cess Of incubation r, the newly organized
comnanv. called the Northern Iowa 4. 4.
Companv. NJ. Dwight is the Eastern agent
of A corpany of capitalists more or less
classified with Western Railroads, and ne
processes to speaks by the card. We clip
from the Republic the proposition made to
the people there. It will be seen that the
offer is the most liberal one ever made to
the farming interests for securing an outlet
for their produce. The city of McGregor
needs no Railway. Her five hundred teams
per day suit her commercial interest much
better than five trains day would subserve
I It but the country demands . line Of rail,
West, and now as hereafter, we tell the
farming interests Of the West, to rely on
their own exertions and their capital for as
sistance, and not listen to the croakings Of
.help from McGregor." In the first place
the people Of McGregor do not own the
ground they arc doing b~siness nn.--Sec-
'ondly, they have no capital to investin any
thing but their business, and Thirdly, they
are SO much like oil Of Adams descendants
.tAst they will not engage in an enterprise
chat carries their business 20, 30, 80 and
100 miles West OF them. They have no
tieed the effects 81 Railroads on Racine;
Dubuque, Davenport and hosts Of other
towns, and though some of our citizens
may "talk Turkey" to the farmers to concil-
late them, yet, when the proof Of their love
or you is demanded in actual subscriptions
you.will find that the liberality of this city
is measured by soords entirely. In this re-
spect, McGregor is just like other folks"
and we state it to undeceive those who may
be deluded by professions of contrary
character.
But, to the proposal referred to:
"The subscribers, DESTROYS of aiding the
construction of the Northern Iowa Il. R.,
do hereby agree to take the number Of
shares of capital stock of said R. r., Of one
hundred dollars each, respectively affixed
to our names, on the following conditions,
viz: :"
~. Said road shall be constructed from
McGregor west, on the ridge occupied by
the Military Road, between the Turkey and
the North Iowa rivers, with branch to
Decorah'
80 The amount subscribed shall be pay
able in instalments of twenty five per cen,. !;
the first instalment shall be paid when one
quarter of the road from McGregor to De-
l corah is completed, and one-quarter Of the
branch to DEBORAH graded; the second in
stalment when one-half the road from Nc.
Gregor to DEBORAH is completed, and one
half the said branch graded the third in
stalmcnt when three-fourths the road from
McGregor to DEBORAH is completed, and
three-fourths Of the branch graded; the
last instalment when the whole road from
McGregor to DEBORAH is completed"