Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-11-03

pfov~ment- The company had 90, teen formed
iof the purpose Of Individual speculation. bot
from desire 20 benefit the city for h- o~n
part he dcsisei the prosperity OF the city at large
beyond any personal profit a. ~ taxation. be
thought that this matter mightbe lei, 60 be scted
upon at The end Of too years Huwever. he made
no particular objection 10 the provision With 70.
gard to taxation. but he did think that giving the
Council supervision as 20 the extension OF lines,
Was uuSlse and impraelieabe. and. Il Insisted on.
would break this company up. az u had broken
up like COMPANIES IN other cities IN all other
respects than the two indicated. The ordinance
isir To- the public aud the company.
His Houor Msyur Caveu (Mr. Hsughey IN the
chair took tie door lie asked II the people
now wanted street railroadsl II the time had
come for euacting such an ordinance Hs that an
der consideration This was niatter for the
Council to think OF lie LEFT il for their decision
Ills Honor proceeded, combating the arguments
of Gen Morris. aud insisting that the Council
should hold the feins In their own hands ia some
important particulars The Council. granting
this immense monopoly. should certainly reserve
the right TO designate the lines Of railroad re.
quired To be constructed by the convenience Of
the public tie was not prepared nov, nor did
think he ever would be. 10 surrender this just
supervision of the municipal legislature. Men
would act from self interest. Therefore. il We
grant this right Of way generally. and IN few
years the stock should fall into other hands than
those nov seeking % control II, cannot any man
see tie great OPPORTUNITIES which would be at
forde To spectators with regard To real estate
now far in the suburbsy
His Honor proceeded. arguing forcibly Ia favor
OF the Council guarding la the matter OF this
immense MONOPOLY, the interests OF the entire
people of the city. Either let these build
the rosd under the proposed provisions of the
City Council. or get out of the way and let some.
body else do IT, lie reiterated that il was imDor
tant 10 TO hold control, as representatives of
the people. of this matter in our own hands. IL
this Council, and Mt any Railroad Company
that entitled 10 saw what the interests OF the
people of Indianapolis demanded. II the City
Council passed the ordinance under consideration,
IL would be the worst thing they could do for the
interests of India polls II parties from abroad
should propose terms To more COMFORTING with
the demands of the people. he was in favor Of
giving them the grant in preference ID the oldest
and most respectable citlZeus ut home, who, how
ever much he might respect them individually,
must be held strictly TO the public interests.
The discussion continued ny + ! Peck,
Esq. Dr. Thompson. Mr. Brown, DIR. jameson,
Mr. > Fletcher and Others and sundry amend
ments adopted
The chief debate as indicated, turned upon
granting the entire monopoly of the streets to
the Railroad Company so that they might con-
struct lines where thew pleased, refuse 10 con
struct them where they pleased. and holding a
directory power in the matter in the hands of the
Council. The latter plan was ably advocated by
Mavor Caven. The Council, without coming To
conclusion on this matter, adjourned, the ordi-
nance pending.