Evansville daily journal. (Evansville, Ind.) 1863-1866, 1865-09-18


Line Railroad Company or any Of its
/ managers, and let this new company
buy the road bed and franchises of the
Straight Line Company from this city to
the Ohio and Mississippi Road, from
Messrs. Fellowes & Merritt, who say
they are willing TO sell at fair and
reasonable price, snd take half their
pay in stock, aud let this city take stock
IN the new company TO the amount Of
one hundred and ffty thousand dollars,
payable in installments, in bonds, at
par, but not payable at all until the city
shall be relieved from ell liability 10 pay
the baIance-near $l60, ,00O-due on her
subscription to the stock Of the Straight
Line Railroad Company.
There is q well founded hope that an
arrangement can be made with the
creditors of the Straight Line Company
to relieve the city If this plan is adop-
ted. Ii such arrangement should not
be effected, the city will have nothing to
pay 10 the new company but will prob
ably have to pay $3.50, 900 in cash to the
creditors of the Straight Line Compa.
ny aud have no road, nor anything else
10 show for IL By the eity's taking
$50, 900 in the new company, 1t is be-
lieved that the early completion of the
road to the 0. & NJ road, will be secured
and the city will reap the benefit of the
100000 already paid, and avoid the
utter loss Of $3.50, 900 more in cash.
Mr.. Ingle "asserts without the fear of
contradiction. that this is not the Straight
Line Railroad, nor 9 step towards IT,"
that il ''is simply Willard Carpenters
perversion Of the narrow gauge Straight
Line Railroad TO Indianapolis into o
broad gauge branch of the Ohio and
Mississippi Railroad" Now, although
Mr.. Ingle says I do not see the import
OF my own statement, believe know
all about aha matter, and know the i'm
port of my statements better than he
does, and that be knoEs nothing about
this new company and its objects, ex-
cept what ] have made public; and |
say there is not one word of truth 10 his
assertions above quoted, beginning with
the word "asserts" and ending with the
words, "Ohio and Mississippi Railroad"
The intention il to build at all events
the 6fty-four miles from this city to the
o. 4 NJ. Road, and to form another com.
pany to continue the road to Indianapo.
lis, If possible, and consolidate the two
companies into one, aud If this can be
done, to lay the track on the narrow
gauge, but, If ID Is found impossible to
extend the road to Indianapolis, then to
lay the track on the broad gaugsso that
in either event freight shipped from this
city can be transported to New York
without handIino or DELAY
Willard Carpenter has not, so far as
know, anything to do with the new COM
paDy. II he has, be has sueceeded thus
far in concealiDg his hand from me bet
ter than he has ever done during the
last twenty Eve years. ~.
It would be no ''perversion" to make
broad gauge road Of the Straight Line
road, for all the grading done was done
with the view to makeit q six foot gauge
road
l shall not discuss with the "oId rail-
road man who has made the subject his
study for fifteen years, the comparative
merits of broad and narrow gauge roads,
nor the effect upon the Z. & C. Road OF
building another road. L wish we could
build, at once, at least three more. Who
cares whether the E., & g. Road ever
pays dividends or not7
Perhaps Mr.. Iugle does, (for under
derstand that be has been purchasing
stock at about fifteen cents on The dol
lar) but so far as / know, no one else
has felt interest enough in the matter to
look into it's condition, or propose an
examining committee to ascertain what
amount of money has been earned, and
what has become of it. All this com
munity asks is, that Mr.. IngIe shall keep
bis sickly foster r-child-the E & G. road
alive and running, aud for his trouble,
is willing that be shall receive such a
salary as will keep him in full flesh and
high spirits. By adopting the course
propose, the city and its inhabitants viii
derive some benefit from the money
paid and to be paid-by adopting the
eourse proposed By Mr.. Ingle, there win
be total loss of 100000, $780, 900 of
which, must be paid ct one time in cash,
or the wharf and other city property
viii be sold on execution.
Sept Is, 1855. JAMES G. JoxEs.