The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1860-04-05
The Cedar Rapids and Missouri
Railroad.


The President, Hon. l.. B. Croker,
Of Oswego the Treasurer, John Weare,
Esq, of Cedar Rapids, and other gen
tlemen interested in tho Cedar Rapids
and Missouri Railroad, arc in this city,
and from them we learn that the land
grant recently transferred from the old
Iowa Central to this Company is larger
than We expected. Within fifteen miles
of the line large amount Of lands we're
pro cmptcd previous to 1858, which will
be forfeited, and be made available to
the Company. They believe that the
lands thus granted aud available for
building the road, will amount to one
million Of acres. The lands arc entrn
ly unincum bercd, and if properly ma /,
aged, as we have not tho least doubt they
will be, they are worth more than the
road will cost. Responsible partiesj STAND
ready to build the two hundred aud
thirty miles Of road, depots, water. tanks
SC for SIS 900 per mile. That would
am o,at to s3,45o,ooo, WHILE the lands
] can be ,aao to realize at Least $4,000,
900. Tint certainly will be sufficient to
build AID e1u;p the ro
The building of six miles of road
will carry it through enton and Tama
counties, aud cztealit into Marshall
The two last are dmong the best cu'tiya-
ted and the richest counties in Iowa -
Those best acquainted with their popu-
lation and resources believe that they
will furnish sufficient business to make
the road pay.
We need not argue here the import
ance Of this new road to the Missouri to
our city and to the Galena Air Line
Railroad. Let any Of our readers take
a map and they will find it on the direct
line to Pixies Peak, and if it were done
to day Chicago could command the lions
share Of that trade in spite Of al com.
petitors We are glad to know that the
officers Of the 4,adar Rapids and the Ca
lena roads are to Ia, s,.,y pference the
present week, and it is to, -
the whole matter will be lai1a, 80
stock holders Of the latter road, .v2n5
it will be so carefully discussed tn. ]
when they come together in June they
will be ready to take hold Of this new
road in right good earnest, and build tho
line as fast as men and money can do it.
We hope also that our own capitalists
will be willing to do something effective
towards the building of this two hun
d:ed and thirty miles, and thus secure
to our city the rich trade Of Pixies Peak
and the Upper Missouri for al! time to
come. Gould the money be properly
assessed upon our capitalists and bust.
ness men, Chicago could afford to build
half the road within The next eighteen
months aud make splendid operation
by it; if she never received dollar in
interest or principal from the invest
ment. Let any man study the map for
ten minutes in view Of the fourshiny
communities which must soon grow up
in the Platte Valley, the untold riches
Of Pixies Peak, and the new State soon
to be organized there, and withal, the
richness and the extent Of the valley of
Of the Upper Missouri and he will be
convinced that We have not vyerstatcd
the importance Of this road to the stock
holders Of the Ga}cna road and to the
trade Of Chicago. Will our citizens
take time to examine this important
subject Pres d Tribune