, 1866-03-21
THE NORTHERN RAILWAY.
Meeting Of Merchants''.Ihe koAo
and its Connections---Sfock
Subscriptions.

Subscriptions
] A ,srccly attended meeting Of the merchants o
Chicago w1s held yesterday afternoon in the room.
| of the Mc,rzntIte Association, purruant to uune
rou4ly eienc csll for the purpose Of listening IL
.ts.espentf Of gentlemen connected With the m.n
sefrnent Of the ptoposed Northern RAilNay md II,
direct connection, The Racine d MiesIegipp1 RsIl.
road. In reiereocc to the plane OF the prqeetnrs
and the amount OF help needed from Chicaso
e, Eeq.. On whose nomination. E. II. BAtcbSo,1
~as appointed Chaituan, and G. & Gamble. Sec.
Tbs Chairman briefly stated the object or tho
mselne to Be 70 hear rcporis and eaiIed on eea. s
uenen present to make then-
n,S M, asac Esa III ssets; e, M q The Northern
eippl Kaltroad, NOW tho tsWestern Uu1on. " wnr1d
he the connection with the moposed NorthrIn
Rs'oea saa !. Va owned largely By gentlemen Who
Scotland: He had received letter from The Presl-
dent OF the Fpad expressing regrets at bis inabIty
70 be present. and enclosing general plan fof he
dollars would Be required to build the 's ro.d Of
Which Rom len 70 twelve per cent could be raised
hy stock subscriptions IN small amounts from ern-
usnen 10 t:hicage and alonE The line Of road. With
building the road Ii had been eaid by sone thst
1s p T. e. e nj es s.ssa 6 beongs
no danger Of that As It WAS expressly provided IN
thech4tter that II should not coneoIidate, Qnder
penalty Of losing the franchise granted. The com
pesion or this Fuad would make clear line OF esS
miles IN length trunk line and having fu is feeder
1sD n,1lre OF road. The Western Union Ii now a
eontnaoa- ne Of l1 m,lee, and the Northern Rati-
with probably further extension no1h xafd
Making It nj least rs miles. Tue Chicago i
NosthWrstcrn lines are ef2 1ntlcs 10 Green Day and
137 ruiies to Clinton. Iowa: together $40 niles
which have to bear The burden of compsrauyrly
Inferior nrunchct, AZ tol!o~e: FEeeport brauch 81
lninsalas l. gylstoo M aH branch =; ksa9sha Rock
Mser Valley, 4s-toia 5ll. Mr. Iadd further sta.
ted that Il was the intention Of Mr. Thompson the
tn; .q to ts'.a s5'.atns 'he .e.d
Eu'epe, procure the iunaa 'Gie''es ios eslrsine 70
On The work BY the time that the home scipt.on
wns exhausted ll1ns highly important thxt he
noIG elioud he done tnle yc.E. and finished by the
nret Of Ienuasy neIf, as It wonsd be IN important
1,esa n .hs WY ot tseensins The sac q ahe Sorn:
Mest 10 Chicago. which va. no~ threatened by s /.
Louis. He would say further. that ii subsc1p1iout
were made, !, might he calculated with Certainty
lhat The subscribers could readily dsposc al lhei1
STOCK at rar 10 The holders Of II $l8j0nN AZ had
been TIC case with ihe Westcrn 6nion L. 4 ~
r.: W, smith. Esq. General Manager ol be ".
o. q. Il, entered ou briet descripiiou Of the plan
The past The houds Of ihe v. u. Il. il were sold
II ls5c-7 10 those scotchmen Sithont interest.
The Seo,eS bopdhodcrs n Isl asaneed % 81 t0S
to com trur, The road thereto from lie point
where the stockholders hsd ceased to work.
ntlea to The river. and then the speaker
went TO work 10 IN 10 satse money among the pro-
pie along the line Of scad-they only raised about
$1o.n, In 1861 they commcnccu 10 build. and
constructed twenty 1ailes- which Hss pltd foE in
gold. 1he other twenty miles vas paid for ucx, year
In Ezeentacie. II cost 81, ,u0 Per nile complete.
cheaply, no debts being made ..lch were no, pald
OF each month. The money all c1rne from Britain,
ercrpt Inc Email amount subscribed abore- Atlcr
that ne! proceeded se build ,he sead down the
road arc kept together, outtde Of one or two ah4rcs
held b dlsretoF* here. There l. outs1dc specu-
Thompson has subscribed some 33Nt0 Tor himself
ana othe1y. The speaker Was frank to say that Nr.
work 100 strongly ii be hsd seen she Easish md
Scotch people.
II necessary that there +hou]d be <aoa,oo sub.
WISHES to eeo nc road bu Ills yea and sccond!y.
that he Ensy be able to tel the people abroad that
tyc here arr taking hold Of tne nlteF for ourselves
IN which case thes cN! invest their money. Unless
roads vii! not connect this rear.
The Scotcn Company also owns numerous boats
On ne Mississippi, which sil bring material 10
In snEwes To questions, Mr. Smith eaEd that they
proposed 20 grade and extend the road to Rock
anos s ana e. G.sa,
propo 1nc 10 furnish &s0l,OU0 tor IN extension pI
the road trum Galena to Tete Dn Noir.
ot1 En- fSs9 a.sst9s e e. Of tns " uniSn
line Of road and The euria Of The ST. Louis people
to divert the business OF the tiyef country 10 St
Louis. Tie st. Louls people were sending out
runners IN every direction and the Ametlcap Union
r. Il. WIS also holding out inducements to people
10 serd their grain along on through route South
Of ChaeaEo ST. Louis il putting nine:een Or txen'
ty boats additional on the Upper Mississippi r,rer
Afso, the Northern Packet Co. has pat one or two
new hoaft On. The St Louis people eKal'ed uycz
the defeat Of the bill IN our common Couneil ctr.
ing the Northern Il. It the right 10 come iu,o TIL!
thenselyea ready to tASe up thar hundred thoufand
dollare Immediately On Ehiesgo taking her two
| hundred thousands. Should 1htsscheme fau tnf
people In that section prepared to pa.pnze fht
81. Louis and M1naoGee schemes.
Mt. Ia d then produced subscription list, tud
I asEed fos suhscz1p Ions from thote prerens.
Henry Styrs, Esq, Offered the following:
Eethped. Thai ths: mteftnR c0rdians anl uQan1
Mons1y approves q! the object for which II was A.
Eembled. in car3inG out the pEupo4ed Sorthef1
raitfuad, and Of the opinion that II should b.
done at the carl eat moment practicable, and tha
! the onftne1 men Of Chca.o be requested 10 untt
IN taking stock IN sad road, aud Using their tudn
ence In fQrihef7nE this object
| The re@oiuttOn Nts accepted.
=. Several Of the gentlemen present then e1.ne
ther name: 10 the subscription .:. Mr.. Savrf the
/ moved that cou.snlttee Of tnree be appointed I
solicit subscriptions TO the s,oek Of the road, ca,
/ rted. .- : =. -
The following were appointed: C. @. wicke,
) c. II. CRdy. nnd Wtn, L. kAy.
The mce'1ng then adjourned