Evansville daily journal. (Evansville, Ind.) 1863-1866, 1866-01-31

without our help. We must have faith
and show our faith by our works, in or
der to inspire them with such degree
of confidence as will induce them L
subscribe literally. They look to US t.
take the. lead, and if we lead off 10 lib
eral and sanguine spirit, they viii follow
with subscriptions equally liberal ae-
cording to their means
L - When have said that subscriptions
amounting to from 1925. 900 to $3.50, ,00C
would be Sufficient to secure the compile
ton Of the road, have been asked how
are the iron rails and rolling stock to be
any " old railroad man how the iron
rails and rolling stock for other roads
were procured, and be will be told that
in most cases they have been procured
by issuing bonds secured by mortgage
on the road bed, and the iron and rolling
stock, and all the property and franchis
es of the company The work already
done is worth, say $200,0fD Suppose
We expend, in preparing ihsroad for the
iros, 100000 more These $400 900 will
certainly be sufficient security, when in
cluded in a mortgage, Aon all the iron
and rolling stock. Bat, if we choose,
we can have all the benefits to be de
rived from the use of the road without
purchasing locomotive or car. Make
six foot gauge road, and say to the
Ohio & Mi. sissippi Railroad Company,
or the Atlantic & Great Western Rail
road Company, you can put your roll
ing stock on our road aad uss it, If you
will pay taxes and keep it in repair"
and they will be glad to avail the emselves
of the offer, for the business to be de.
rived from our ffty-saven miles of road
would beworth to them more than that
derived from any one hundred and fifty
miles of the D iio & Mississippi road.
1t matters not to us who owns the road,
or whose locomotives and cars rnn on
it, sowe have the use of it and the ben
e6ts to be derived from its use. One of
the arguments of ahe opposers of the
Straight Line road is, that the business
of the Evansville & Charlottesville
Railroad is not sufficient to pay divi-
dends. If any of us ever expected that
road to pay dividends we have long since
learned better, but none of us doubt that
we have been amply remunerated for all
the money we have invested in it.
In apparent sadness and sorrow for
the forlorn condition Of the Evansville
4 Charlottesville railroad company,
g. an old railroad man of fifteen years
s:anding" presented to the Board of
Trade a statement of the quantity of
certain articles sent North during one
year by the Evansville L Crawford svilIe
road, and exhibited beggardly account
OF receipts not sufficient to pay half The
salary Of the President of that company,
and, with the view to secure sympathy
the indigence of the con-
cern to such an extent as to leave the
that It mus. hibrate half the
year, and languishingly and hopelessly,
during. the other half drag out a
representations, if they gain credence,
is, to induce the tender hearted to
forego the advantages of another road,
and to deprecate the value OF the stock |
of the Evansville Il Charlottesville road
in the public estimation, while its value |
to those who hold it, is enhanced. None |
OF the stockaor bonds of the Evansville |
u CrawfordsgilIe road are in market,
We hear the mumbling of the bear bul
tie bull is mum.
No one holds on to hard stock, unless |
he anticipates a rise, and the way to
increase the value of the stock OF the |
Evansville and Crawfordsville road, and
enrich tha few who hold it, at the ex-
pense of the public, is to continue the
monopoly that road enjoys BY refusing
to vote for taking stock to aid in com.
pleting the Straight Line. Road.
~ JAS. g. JONES.