, 1860-07-12

AuE lanOS 8o1Q-
tt*;ee pe.:ers vii! give y, GO g, re4nae.
:: Is Is TEA Ia
It's ascertained that the road can be con.
structed by contract with responsible parties,
to be completed in all respects ready for the
cars, with station houses, water, tanks, aud bal
lasted complete for til, 900 per mile, md a con-
siderable portion Of this pay able in the stock
Of the company.
The ollicers of the company, under careful
examination Of the character Of the country
through which the road will run, tue cost Of lis
construction, the business which it will COM
mand, the value and demand for its lands, the
greut collateral interests it will protect aud al.
vance, are impressed with the tirnraud dslioer-
ate conviction that the enterprise. viewed SIM
ply US an investment, is one Of extraordinary
merit aud promise in itself, that the prospec-
tive value Of its lands is about equal to the
cost Of the road, ready for the cars, and that
the revenues which will very 500 nit not lnlm.-
dately be realized from its business, will also
nay Il fair income on the small sum it will cast;
TINT though it may not at present give good re-
turns on thirty or forty thousand dollars per
mile, which has been the usual cost Of such
roads Jet it will do so on cost Of fifteen or sig
teen thousand, independent Of its lands, and
that its lands will besides, very nearly if rot
quite, refund 10 the subscriber the cost Of the
Investment
itut even II toe present estlMate B11ll prove
fallAcious; ii it shall be found that with the
road in progress OR. completed, the lands to
which the company will be entitled will then
sell for only $250 per acre, the price now real.
lzed by the Government tor its alternate Sec
tions tnithout q ro1d; it will still be seen that
this lowest prizes will repay the stock subscrip-
t,on which Tue company require and propose 10
raise for it's construction. For, three thousand
| eight hundred and forty acres, per mile, at
$3.50 per acre. will yield $a 600, and every 300
subscribed upon this basis will represent alttte
farm of forty acres # ns good fand Us any in
the world. and each 81 900 Of stock will repre-
sent four hundred acres, it being assumed that
the rned completed caunot, under any possible
contingencies :ail to be worth the $1,000 per
mile, which will be required, besides the stock
subscription .above sposen Of It isproposedt to
execute q small! mortgage and issue bonds suai-
cieut to raise this $G,0oO per mile, which, with
the aforementioned stock subscription will
complete the 7ea?d, read5 for the cars.
PARTIES INTERESTED IN ITS CONSTRUCTION.
F1Rsr, The resident population aud owners
Of lRad along the line have rast collateral in
the Missouri Their prospective welfare, and
the value OF their homes and tirs sides, are all
| involved IN the success Of this undertaking,
and realixing this. they will do much to prepare
| the road bed for The iron, and to secure the
| construction Of the road.
SECOND, The stockholders in the Chicago.
| Iowa and Nebraska road, and
THIRD, The stockholders in the Galena l.
| Chicago Union Co. hive alt common and great
collateral interest in the extension Of tlir line
through to the Missouri. They hare now alS
| Mules OF completed road between Chicugo and
| Cedar Rapids, and this extension cannot fail,
both to establish forever their present revenues
and add immensely to their future business,
The fourth and greatest interest of all, in
the immediate extension of this line to the
| Missouri, and the one which has been least un
derstood aud appreciated, is the city Of Chi
It these four great interests can be combined
aud united to establish aud carry out the meas
ure with Vi gor and energy, and each aud all
will give it their cooperation aud material sup
port, The work will soon be accomplished With
out any heayy burden upon either, and its
benefits be immediately felt By ali.
1t will give new impulse TO every depart
ment Of business, and establish for all time a
new aud enlarged basis upon which to maintain
ard advance the prosperity and welfare of the
fhe great metropolis Of The West holds her
and capital Of her citizens. The laurels she
has won in the world Of commerce hare long
excited the envy and ambition Of cities which
seek to become her rivals and her peers.
THE WEALTH or 81. LoC1s.
St. Louis, standing in her strength By the
mouth Of the Missouri, and aroused to cease.
less energy by the entertainments already made
upon the dominlons Of her commerce bv he,
Northern rival, aud bound By the strong ties oi
interest 10 the Southern States, and connected
with them bJ the great current Of the Missis.
sippi, now boldly seeks to appropriate exclu'
sive,y to herself, through natural and artitcia
channels, the rapidly Increasing commerce o
the upper Missouri and the rich mineral dere1
opnents of the golden fields Of Kansas. That
she has been trianphantiJ successful in this
that she has by her courage and enterprise
gained riches nnd strength from contribution:
drawn from this field Of her commerce, which
Chicago should have controlled for herself;
that while one has stood mp strong With the re
4 sources Of this trade to support her, the othel
has Without them been forced to yield to tht
pressure Of the times, may in no small degree
be attributed to her neglect Of this great com
mercial avenue direct from Chicago west It
the Missouri, BY which the valley Of the Platte
aud The plains Of Nebraska and Kansas woule
be made directly tributary to her growth aut
prosperity.
CHICAGO SHOULD HAVE TIE r1kE's TEAK TRADE
It cannot be denied that the hardy pioneer'
who are pouring across the plaina to dere}oI
the golden regions of the Rocky Mountains, ar
Sons Of the north, who own commercial allie
glance to this northern emporium, and 1eluct
antly pay tribute for their costly outfits to I,
all absorbing city Of strangers, and if Chicago
therefore, has now the ambition or the enerK,
to win back this golden prize for her own com
merciat advantage; if she is not eoutented t,
settle down in 6eif.complacenc5 with the ide
that she neTer has, and will never need to bu1l
railroad, and console herself that Proyidenc
has endowed her with locality which will se
cure her forever from the encroschmeuts Q
rival interests she will carefully examine th
merits of this enterprise, presented for her con
sideration, and decide whether she will max
this rich land grant Legacy to the Cedar Rapid
and Missouri Riser Railroad available. as
basis, upon which she msy With safety aut
with great advantage unite With these othe
collateral interests to extend this short wester,
| line Of road directly to the Missouri.
| It will open at once to her citizens grea
trade with broad belt Of the richest portion
Of the State through central and western lo*s
which can nerer be diverted from her; it wi
r make her the great central point Of outfit an
!. with the golden regions Of The West, and b
this timely movement will tecure to herself th
eastern terminus Of the Pacific Railroad, when
eyer one shall be projected and suceesstult
undertaken from any section in this country.
The report Of the Chief Engineer, ". "
Walker, Esq, gives partica1srs ~ 10 cost, sho"
ing that the road can be built for $4,000 pc
mile. Contractors stand ready to take 90
pe. mile Of this amount in the stock Of fb
Company. SO that it requires but 5000 cas-
per mile to build the road. A very consider
tbls portion Of that can be raised on the bond
Of tho Company: Al will be seen BY call /
another column, this whole subject will be fai
before our citizens on Friday eEeuing. and it
to be hoped al ont capitalists and busines
| man iii hA' At thA Board Of Trade Rooms an