Cedar Falls gazette. [volume] (Cedar Falls, Iowa) 1860-1895, 1866-06-08

called our attention to the Importance
and value of said road to st. Louis, and
to this Company, connecting us ii will
with the road of this Company at the
Iowa state line, and extending directly
north to Cedar Falls, and thence to
Minnesota; and, whereas, this Compa-
ny is not unmindful of the advanta
that would flow to it and the city of st.
Louis by the building Of this road,
road of Iowa, and give this company a
railroad outletto Omaha, at which point
the main line of tho Union Pacific Rail-
road begins its construction west, it is,
Resoircd, !. That we are pleased to
notice the efforts now being made in
Iowa to effect the early completion of
the Iowa Central Railroad, and the
North Missouri Railroad Company
hereby pledges itself to extend every
facility tending to encourage the success
of such enterprise not inconsistent with
the previous action Of this Board. ..H
2. That this Company agrees to con-
meet its line with the line of the Iowa
Central at the point on tho State boun-
dairy line at which the North Missouri
Railroad will strike the State OF Iowa,
and that SO far as it consistently can, ii
will aid, assist and give its influence in
behalf Of the Iowa Central Railroad.
3. That should the Iowa Central find
1t necessary to apply for assistance to
the merchants and capitalists of st.
Louis in building or equipping their
line, we will recommend that such ap-
plication be responded to with such lib
erality as will secure whatever means
may be wanting to construct the Iowa
Central Railroad, which we regard as
one of the most important railway en-
terprses to st. Louis. ..
4. That this company will, SO far Us
1t may have any ability to do SO, aid in
the purchase of iron for the track of
said railroad, and the cquippage of It
with rolling stock, and that It will not
in its business Or timo tables discrimin-
ate against the Iowa Central in favor of
any other railroad.
5. That it is the interest Of this Com
pany to connect with that railroad run
ming from south to north in the state
of Iowa, that offers tho earliest through
and most desirable connections with
railroads in Iowa and the Minnesota
Central.
8. That the President of this compa-
ny be instructed to furnish the Presi-
dent of the Iowa Central railroad with
Il copy of these resolutions.
GEO. w. BLOOD, Secretary
We think our road offers "thc cart.
est through and most desirable connec-
tions with railroads in Iowa and the
Minnesota Central" and We expect to
furnish the right of way, depot grounds,
grading, bridging and ties for our en-
tire line at the expense of the energy
and material aid of our own citizens,
entirely free from debt or any embar-
rassmcnt whatever; and thereupon to
issue a limited amount of bonds, on
which to realize sufficient means to iron
our road and purchase the necessary
rolling stock. L have already different
offers from responsible capitalists to
furnish our iron for part bonds of the
Company, and the other half cash. It
"a claimed by some that it will not pay
to build the Iowa Central and "Cc-
dar Rapids and st. Lo"ia' railroads
this may be, IL so, let the latter stop,
the Iowa Central WAS first organized,
has many miles under contract, is be-
ing built by Iowa, is not begging st.
Louis capital, has practical and cheap
route, is almost an air Tine road, has
been not only indorscd by the Cedar
Rapids and st. Louis railroad, starting
in it's line and ultimately returning to
1t, but the whole policy Of the State of
Iowa Central. In proofof this submit
letter from Governor Stone, who has
no pecunary interest in our road, and
also memorial which was unanimous
ly passed by both houses Of our legisla-
ture:
We omit the letter and memorial, as
we have heretofore published them.-
Ed. Gos.
In addition to these I have an assur-
ance that each Senator and Congress-
man from our State, desires the early
completion of the Iowa Central i'm prof.
erence to any other, and several of these
gentlemen have assured me that they
have no doubt that Congress will give
our road a valuable grant of land.
Would it not be well for st. Louis, If
she sees proper to interfere between RI
val roads In our State, to assist that one
all the connections in such man.
ner as to secure the greater portion of
the trade on both sides Of the road, and
ut the same time secure a connection
with the Minnesota Central withou be-
ing compromised with roads and parties
in the interests of Chicago?
1t would certainly be policy for st. |
Louis, before investing 4" million of
dollars in any enterprise Of this kind,
to send q committee along the line of
the different roads, whose duty it would
be to investigate all things connected |
Herewith and report thereon.
Yours truly, W.T.. SMITH.
EQUALIzING THE BOUNTIEs.-Sena-
tor Wilson, in introducing his bill re-
Gently for the equalization of soldiers
bounties, gave the following estimate
Of what the measure would cost:
According to the most reliable data
that can be obtained, the actual amount
Of money required to carry out the pro-
visions of the bill, and mete out equal
Justice to all, estimating eight and one
hird dollars for each month of aaruinn |