Evansville daily journal. (Evansville, Ind.) 1863-1866, 1866-01-18
The indianapolis and V1ncennes
Railroad.
statemet OF President Morris.

DR.. T. b. Elliott Chairman of Citi-
xeas Executive COMMITTEES on Indian
Gpoks a1sd FiRcennes Railroad:
SIR-In compliance with the request
of your Committee, l submit the follow
ing statement, of what has been done
toward the construction of the Indian
apolis and Vincennes Railroad
A Board of Directors has been organ
lied under the general railroad law of
the State, composed Of representatives.
from Marion, Morgan, Owen, Greene
and Knox counties. The route has
been designated, and passes from Indi-
dianapolis through Mooresville, Cos.
port, Spencer and Worthington to Vim
cennes.
4 The Board determined not to solicit
subscriptions to the stock Of the Com
pany, but to endeavor TO obtain dona-
tons, from the friends Of the enter
prise, sufficient in amount to induce
capitalists to build the road as speedily
as possible From the knowledge that
donation OF three thousand dollars per
mile, made by the friends of tho Indian
apolis and Danyille road, had secured
its early completion, the Board deter
mined to try and raise a similar dona-
ton per mile on their line. For this
purpose they have authorized the Di
rectors of each county to present the
matter to the friends OF. the project, and
solicit their aid to the extent designa-
ted.
The amount to be donated by each
county, was determined by the. Board,
after taking into consideration the length
of line in the county, and the ability of
the citizens to eontribates6 Upon this
basis, they decided that Marion county
ought to contribute Fifty five thousand
dollars. The citizens of Morgan, Owen.
Greene and Knox counties have held
meetings, and organized committees to
solicit subscriptions, and am Informed,
feel confident in making mp their pro-
portions in very short time. s ~ :. -
1t is encouraging to know that the
citizens of Indianapolis appreciate the
Importance of this enterprise to onr city,
and that the gentlemen composing YOUR
COMMITTEES, havs generously offered their
time and effort. TO secure the amount
apportioned to Marion county. sls spili
Ii may be proper to state that as yet
no contract has been made by the Board
for the construction Of the road, Thew
have, however, appointed q committee
for that purpose. That committee has
conferred with responsible parties on
that snbjects and have no doubt that a
favorable contract can be made for the
certain and speedy constructions of the
road as soon as reliable estimates of the
cost can be made. The Board, have EN-.
ployed Col Harper, a COMPETENT engi-
neer, who is now engaged in preparing
these estimates. The road bed will not
be more expensive than the average Of
Indiana roads. a
The country along the line of the
roud abounds with the best of timber,
stone, iron and coal, all OF which can
be brought to our city at moderate
cost.
d When this and the Danville road shall
have been completed, we will then have
three roads penetrating the coal-6elds,
inducing competition to an extent, that
combinations to monopolize the coal
business will be impossible Neither
the roads, the owners of mines, nor the
agents selling tho coal, can any longer
exact prices above fair compensation:
and when this shall happen, coal can
be supplied to our citizens at not above
twelve cents per bushsl
The citizens along this road, fully
comprehend the value of their own
great agricultural and mineral wealth,
and have recently manifested a determi-
nation to provide market for it. They
prefer that of Indianapolis Should we,
however, fail to appreciate the impor-
ia ice of the trade offered to Us, the
efforts already made in the interest of
Cincinnati, in that direction, should
convince us that there is both capital
and enterprise enough, in that city, to
secure IT. Very respectfully,
T. A. MaRRIa, ID 'Es
Prest l. q Y. r. r. Co.