Evansville daily journal. (Evansville, Ind.) 1863-1866, 1865-10-04


paid from imaginary resources, re-
minds me Of the anecdote OF the sPPfea- /
tee who had been bousd 70 master ior /
seven years 10 learn trade. After ne |
had aersed- aa-Eszzwsek he was heard /
frequently wishing that the Fourth Of |
INV wonid come Some one asked him
v6st be wanted that day to arrive for
Vgbv. said be, At that time ! will only
have ak years, To- serve So Risb the
o,oposed road. After the city issues
bonds for $4,000 and individuals sub
scribe 4I2,2T0, there VIII baFe to be
raised only A<446 ,2o0 by tfe sale
Of bonds TO buy iron, chairs and spikes,
and TO ballast the road A person
would infer from the ColoHels article
that he expects % run bis road without
ballast, Of depends on the sale Of bonds
to ballast it. The road must be ballast
Ell certainly, 10 be good, safe, eeonomi-
cal road, and il will cost $85, 500 TO do
tida So that amount might just As well
b estimated 70 making up the cost
Z The plan Of building the road By SELF
ing 10 large an amount Of bonds as
woald be necessary, nndsF al the cir
e1mstances, 10 imprscdcabls. Capital
ists can find better opportunities for the
investment ofthsfr money than this, and
therefore the necessary bonds cannot be
sold without too great sacrifice. From
q BALI 10 three-quarters Of q million of
dollars worth would hagr 10 be issued
| to net the road The amount necessary ID
complete IL, the exact amount depending
on the state of the money market, the
=. . Ill tuI Ia ~ nj hes
| disposition Of capitalists 70 invest in the
enterprise. Here is the sticking point
ahere the scheme becomes impossible.
| In regard to the city'a subscription, II
III not by any means certain that the city
will hsve 10 pay the gum now in btfga-
ton The probabilities are strongly The
other way, a. we have bad one verdict
In our favor before co1At presumed to
know the law, rendered BIZ a disinterest
ed Jury ia another county. 10 the pres
ent stage Of the.case the opponents of
the city can say, heads win, tails you
lose." They are safe 10 apy event, hav-l
ing everything 10 gain and nothing TO
lose SO the $4,000 may almost be
considered az new expenditure for
railroad purposes, in nearly the same
direction N which We already have o..
railroad aud canal 0sink that
Evansville has enough mopsy now "a
railroads Fanning north, tssiif chs has
southern feeder for fhem.
Cox J, thiahs that asEyansyille mas
Invested 500, 900 already in the Straight
Line road, che must necessarily 60
$lA5,O00 better 10 finish It. liz ID were
neeessary 10 her welfare she probably
ought, but there il the grade 20 show for
tbsss ap5ts y7inyenfed, which, although IL
don't belong to heF,esn do nobody else
any good, and will have 70 be, used for
building Il failr0ad 10 this poini, and
will be so used some day when another
road n0rih3a noaded r1'ha road bad ID
good yet, recordings 20 Col Jones, and il
Will not apoil By keeping y few years
longer Let Evansville help build
railroad so6thwards aud the OLD road.hed
will bring is fall value Ia money drawn
from gome other source than the seant
Golfers otgonr smalt.city. aa-& .tA Fl
Colonel Jones aays the citizens cam
not, under the CHATTER, take atock IN ths
Henderson aud Nashville railroad.
Grant that she canpot. II ii be desira-
bio for her TO subscFibestock, the charter
eau be easily ansosdsd ~ sas fpgiala-
taro. This was done 10 several respects
last winter What better work could the
eiay engage in than 10 connect herself By
railroad with what once was. and what
will be again, the seeming South. and at
the same tine secare herself from being
lett high aud dry on q mere bayou, BY
cutoff Of the river The power can eas-
ly be obtained, IL the citizens desire il,
presume. g& asgl
Col. j. speaks of some magnificent
engineering on the opposite side Of the
river" that proposed. The engineer
ing 10 on no more magnificent . scale
than some Of bis eipherinR; bus lot that
pass, just such engineering hes been
done, and carried into operation long
ago, On ines as magnificent a scale, over
ths Great Miami and Ohio rivar bottoms,
between the mou.h Of The Great
Miami aud the high ground back of
Aurora, indiana, for the Ohio and Mis-
sinsippi r. r., aud between Lawrence
burg and the high ground back, en- the
line Of the indianapolis and Cincinnati
Railroad There 10 tha same kind OF
engineering which | mentioned, piles,
tFastle.work, high entertainments, aud oil.
The plan Is entirely practicable. The
highest Goods do not injure thai work.
The work proposed by me coald not be
put TO so severe test
The Colonel says be does not scare
veil on the cutoff subject Perhaps
nobody 10 scared on thai subject, any
more than they are on account of the
cholera. Nevertheless, The latter may
decimate the city next season, and the
cutoff may occur during any food 1t
is well known that the last heavy dood
washed over the peninsula 20 a damag.
i9g extent, end gave cause fsrserio1a
apprehension 30 the theughtfnt An
ounce Of pIeventive is worth a pound
OF cure Evansville bad better yet her
charter amended aud obtain permission
from Kentucky 10 protect herself In
some manner againss this danger. IL
she does not her people may wekesup
some morning aud 6nd their property
worth about ten cents Oh the dollar OF
present valuation Scared or not scared,
it's onr duty to guard againstA probable
danger % ssrs- sEsa
The Lagislatare viii meet on the 18th
OF November next, in special session,
and BY proper effort on the part OF our
citizens win. donhtless confer on the
Compou Council, By amendment Of The
city charter, power TO guard against q
cutoff of the river, and also, II thought
Advisable, authority TO subscribe, stock |
in the Henderson and Nashville Rail- |
road, Then the Kentucky Legislature.
which, II am not mistaken, meets aIso |
in Novembef, nigh BE- induced TO char
far tha Pad "a ran fa aha n~.ne So
Henderson, n the power does not al. I
ready exist under the charter of the a.
& N. R. r. Thus the preparatory steps
could be completed In time to re com
mence the work IN, she spriugf With
th6 co-operstion Of the city, TIE f. & e.
r. R., and Individuals on this side, in
alel OF the work, an impetus could be
given the FL n m. n. n. that would re-
sult in It's early complesions
81 j am informed that over thirty miles