Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-08-24

majority against them and their opponents will
have the luxury OF exercising and enjoying that
peculiar freedom that the Republicans have en-.
joyed for year or two.
The Indianapolis street Railroad.
The following extract from letter written by
Mr. Ed. HAIRE. formerly banker in this city, to
JoHJ @. NEw. Dr.. PIERCE and Others connected
with the proposed system of street railroads in
this .,ity. will be interesting TO readers Mr.
HAIsE is gentleman well known tere. and what
he shys will hsseits due weight.
CLEVELAND Aug. ii, 1863
GE>rLIxEs: For three weeks | nave been
gathering what information ! could on the sub
ect OF street rallways--ther cost OF construction
and equipmeut-cost of oper ,tlng them and their
influence upon tie value of real estate along their
routes. and can now make correct and relia-
ble statement of facts concerning them. | have
visited Detroit Buffalo and this city have
consulted many men who had a practical knoSl-
edge of the suhject-have talked with engineers.
contractors and owners of roads. and the data |
give you here YOU rely upon as being correct
IN every detail
have found that the cost of roads in their
construction aud equipment in those cities above
nsuet. all things being equal. Is about the same
As cleveland. in the manner OF its settlement,
very nearlv resembles Indianapolis. (it being
spread over a great deal OF teTritory.) | have
taken It's street railro ads fair standard of the
cost. and alike of the prof,sbleness of all roads
in cities similar in topography and population.
The population of Cleveland is greater than
that of Indianapolis. IL is true. but it has tiro
roads which run almost parallel with each other
for considerable distance. aud bat few squares
apart. / will take that road in this statement
which runs through section OF Cleveland very
nearly resembling that portion of indianapolis
through which your road will pass. giving you
It's cost PER mile, together with the cost of its
equipment. and the profit it Yields 10 the COM
pany owning IL. This road IA built two miles,
and workmen are engaged upon the construc-
tior. of two miles more IL is regarded
n great public convenience. and being
well managed is popular with all classes.
I, has largely enhanced the value Of
property along its route. especially In the out
skirts of the city. near the point OF its termina
ton
have called on several of the most prominent
dealers in real estate here. and received their
united testimony TO the fact that this road since
i,s completion out two miles, has increased the
value at real estate in that 10 ,alty from thirty 10
rffz r.r cent and u has been in operation only a
yea and hsif IS lis advantages are being
betser understood by the people along il, from
is Increasing constantly ard rapidly.
Another great advantage. which property
holders have derived from IL. il. that land which
they had for some time before the completion Of
the road. upon the market and would not sell.
noio meets lrrt ready sale at hugely increased
prices II hos brought country ma eify together
L,nd- that years ago were used only for
farming purposes. or pasture fields. have become
elegant country seats. and splendid. and In some
instances pslatial residences have been built
there.
MANY persons doing business in the city find
ing they could. through the convenience of q
street passenger way. secure all the comforts Of
the country their families. with little sacrifice
OF ,sme in passing from home 20 business have
rented or sold their houses down town and built
out the line of the road. away from the noise
of business snd the dust OF the CITY. This Is the
natural influence OF street passenger WAYS
have obs er, cd IL in all of the cities have visited
Elegant villss have sprung up. - by msSic. all
along the roads | have referred 20 Tasteful
yards, full OF shrubbery and flowers beautify
these suburban homes making Cleveland the
most pleasant and beautiful city in the West
The street road will do for Indianapolis what
the roads have done for those cities | have
recently visited Build that road and in a very
shdt time YOU will see land that now lies unm-
proved, worth five times it's present value; ee.
eart mansions tasteful cottages. and charming
shades will surround and be ,utiiy your city a'so
The road Of which have above spoken (cslled
the East Cleveland road.) is doing fine bust
ness and paving large interest upon the capital
inv asted Through the poli,eness of its officers
7 have access TO the books OF the COMPANY, and
find the gross average earnings OF the road to be
over sixty dollars daily. and iis daily sveraeeex
psnses 10 be less than forty dollars. thus making
a nett ANIMAL earning OF over ssusn thousand dol
lars on an investment Of tIcente-s.ren thousand
doi.aYs This. too. is upon only ftco miles Of
road
Nv opinion H. from what have seen Of street
roahs in Buffalo. Detroit and Cleveland. that
road will pay in indianapolis we'll rs in any of
the above cites have found that the patron
age of street cars in all OF those cities is largely
from s,rancsrs-that roads do the best In thnse
citii through which there Is n large and constant
4 w. OF travel Take Chicago rs an instance OF
this That city is always full of strangers: thew
patonize the street roads ;here 20 extensively
tia, they pay enormous profits on the investments
made in them The stock IN some of the Chi
eago road Is north 10 dgyt,co HUNDRED! Indian.
spo'is is also great railroad center More peo.
ple. through u and stop in It than 40 IN any
other city Of like si,e tn America IL too is Al
wavs ia IT strangers. There are a heusaBd
Interests and influences 10 bring them here and
these interests are yeorts extending lndianapo.
/. also political cenier--sl of the party CONVEX.
TORS are held there. the Lee sl,ture meets there
and brings with IL hundreds of people from all
ovee the State and keeps them there while It's in ses
SLOT. II ecourts meet there and bring with them
hundreds more IL is commercial center. and
l. becoming more so every year Ii is the center
OF the moRiei interests Of the State well 80
OF the agricultural The State tsirs are held
there. bringing IN people lbs the ten ihous md In
short II s the city Of Indiana. and the center OF
every Important interest in the State. aud being
always tull OF strangers. street passenger ways
can not out prove exceedingly profitable 20 stock
holders ana euiihehtly convenient 10 citizens. al
vabtsgeous 10 property holders. a benefit "a all
enf a credit 10 the city.
lean see no reason. then. Why that road shonld
nos be built nj once. There can be no Question