Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1865-02-15
The legissaturc.

We have not noticed 10 apv great extent the
proceedings of our legislators, but at this time
there il a measure of great importance to the
people not only Of the White Water Valley bur
TO the state at large. In great community ike
a state the prosperity of a part is blessing 10
the whole, and whatever depresses part is
injury TO all. We allude to the bill authorizing
the use Of the canal in the construction of rail
road from Harrison to New Castle. The canal
was a good institution 10 its day, but change and
misfortune have rendered it unfit for the trans
portation of our products to profitable markets
For eighteen years the company has been unable
To keep it 10 repair. After every considerable
freshet the mill owners have had To repair il 10
keep their mills going. Heavy creditors of the
company took judgement against il and when the
appraisers valued il for sale under execution.
they valued the stone. iron and part of the by
drauIic power where, in unexposed situations, a
being the only valuables of il.
The canal will never sell for enough to satisfy
the judgments now against il. hence the other
debts are as valueess old claims iiquidated by
the bankrupt law OF le4l, aud are so considered
bv all who hold them. With a water fall of
eight feet TO the mile through a wealthy and rich
agricultural country where machinery Is much
needed, capitalists will not take water leases be
cause there are no hopes OF the canal, as a cana
passing into the hands of parties who will be able
TO keep up its dams
The authorizing the construction OF the pro
posed railroad can injure but one party. and that
is the DAYTON and Hamilton Railroad Company
that has under its control the Junction road from
ConnersvIlle. As il is they have no competition
in taking freight along this line. and they charge
what they please for using their old broken wind
ed engines in toting along couple of over half
freighted cars at time somewhat faster than
our old fashioned OF teams
What influence this powerful corporation msy
be able to WELD in the legislature remains 10 be
seen. We venture to predict that If an Indians
corporation were to 20 10 Columbus and ask the
Ohio legislature 10 continue them in monopoly
To the I'M ary Of their constituents. its toadie:
would report. as their earliest convenience, that
they had had ther--kicked
Fhe construction of railroad will coniribut,
much TO the permsnency OF the water power OF
the canal, adding TO the taxables OF our state by
encouraging manufactures of capital TO come
among Us and use II
Ii viii furnish n speedy transportation of oul
agricultural products TO good markets irsm part,
of the counties of Henry, Wayne. Fayette
Rush, Franklin and Union besides by its whole
some competition for business render other com
psnies more accommodating to our farmers .mer
chants and traders. The justice and propriety oi
the proposed measure are apparent ~ all We
learn that the Dayton ard Hamilton company is
urging the Legislature to compel the railroad com
psny to pay the old canal debts.
This proposition Is only sneakpg way oil de
feating lsudable project they are ashamed Il
meet squarely In the face. Everybody won
dercj for what object they were buying the old
canal debts at from three 10 five cents on 10,
dollar. and then reporting when the assessor
went round. that the claims worthless L
now appears they were getting up panic Il
II. ID h
the dishonest
We hope the legislators from other sections
of the state will recollect in days past that tn,
members from this valley were always ready I,
do what they could for their constituencies, ant
that they will prove that they neither
ungrateiui to friends nor forgetful of fsvors-
Brookvile Democrat