, 1860-07-12

The fist Report Of the President and Direc-
tors Of the Cedar Rapids and Missouri River
ha'lfoad Is before us. To the industrial, mcr-
camille, aud commercial interests Of Chicago,
h1s document Of unusual interest. Tue early
completion Of one or more Of our Iowa roads
to the Missouri is a work Of vital Importance te
the prosperity Of the city. Within the last few
weeks we hare given our views somewhat ut
length upon this subject, mud We now usk the
attention Of our readers to the official state
ments Of the officers of the Company. They
are based on unquestioned facts, md are worthy
OF the confidence Of the public:
TUE co4rAx1's LAsDs.
The lands to which this company will be en-.
titled. under the laws aforesaid. embrace. it il
behe:ed, over eoo:0 900 acres, applicable to the
conatruction Of this road.
Inc nfst sixty miles Of the road, west from
Cedar Rapids, will receive The Specific nud full
qasntlty u 1.0 sections of land to every 90
miles Of completed road, or 3,s4o acres for each
mile OF road; and the remaining lands will be
ol1ldeo equally between the full sections Of 20
miles each Of completed road, from the pnint
Then reached to the Missouri riyer-uot exceed
ing leo sections to each 90 miles, or 3. $40 acres
per mile. It is believed that this las. portion
OF The road, as well NJ the five miles which the
~" requires to be constructed between Cedar
KaaP'ds and the town Of Marion, will receive its
iuil complement Of land, or 8 40 acres per mile.
By the report Of the Chief Engineer it will
appear that the country through which the line
runs is fertile, well watered aud timbered, and
remarkably adapted to the construction of q
railroad OF easy grade and Fmall cost which
Will soon yield fair returns on the investment,
independent Of the revenue from ita valuable
| lands.
These lands are all within fifteen miles of the
preliminary line surveyed by the lat. Iowa Cen
tral company, and embrace all the sections and
| parts Of sections, designated By odd numbers,
remaining unsold at the time said line WAS run,
in 1856.
Isolated sections and parts of sections are
found. scattered along, through each county,
from The Mississippi to the valley OF the Des-
Motnes river-embracing, it is believed, from
one to two hundred thousand acres; and in the
valley, within five miles Of that river, and along
ITS banks on each side for thirty miles, are one
hundred and ten Thousand Gcres-which. by
reason Of their not having been offered for
sale by the General Government beture they
were granted for this object BY the oct of Con-
gress Of May, 1856, are now an almos. unbroken
body OF land, of great value, which will CON-
| mand ready sales at from fge to ten dolla1s
per acre, whenever the construction Of the road
| snail be secured.
The remaining lands lying between the Des.
| MONIES and Missouri rivers, embracing some
go. 900 acres, are all well wa.ered, and, with
the exception Of those in one county, are also
well timbered, and all fertile and OF The first
quality for agricultural purposes. These es-
pecially, upon the 'Western Slope" so called,
ind within thirty or forty miles Of the Missouri
river, are reported as UNSURPASSED by any in the
State. Indeed, the lands in the valley Of the
Missouri nre generally admitted to be- superior
to those in the ralley of the Mississippi
| :3The alternate sections of land reserved bv
the Government, which were uusold at the time
Of this grant, have been held at 1850 per acre,
but these hare nov all been taken up east Of
the Desafoines river and near the Missouri, and
the few remaining will be Immediately taksn
when the progress Of this road is secured, and
it cannot be doubted that the lands which ap.
pertain to this grant Gun be sold during the
progress Of the work, ut prices which will aver
aye as high as four it not five dollars per acre.
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