The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-04-03

side OF the QueStlOn-tnag he was a
citizen of Henderson, deeply interest
ed in its prosperity, and anxious to see
the Road built. The matters of diff
ference between the city of Hender-
son and the Directors were of second
airy consideration, which he believed
and hoped could be -reconciled; the
great object being to build the Road.
He regretted that this question had
arisen, and that this conference had
taken place in the absence of Gen.
BOYLE, who is fully conversant with
facts, aud should be heard before any
opinion whatever is formed. Let him
state the facts. He can give his views
and the wishes of the Directors much
better than | can, as have not been
able to give the subject such attention
as is necessary to full understanding
Of the case Gen. BOYLE will be in
Henderson in a few days, and will
also visit Evansville and address the
Council and citizens. After you have
heard him. you will be- better pre-
pared to decide upon the squestien.
Mr.. YEAMAN is mistaken in suppos-
ing that the Directors are engaged in
a speculation There is a bona .tfde
debt, and we think 5000, 900 in stock
of the Company not a sufficient
compensation. Mr. PRIEST did
not think Gen. BOYLE and the
Directors would accept the. propo-
sition of Henderson as contain
ed in its ordinance, as the, matter
had been fully discussed at Hopkins
vile by the Directors and the Com
mittee which was sent by the Hender-
son City Council to confer with them,
and was definitely rejected. How
ever, without entering upon, q discus
sion of the question at this time,
which he thought premature he
would again ask the Council and citi-
zens of Evansville to suspend any
judgment in formation of opinion
until they should hear directly and
fully from General BOYLE, who might
be expected in few days.
REMARKS OF JOHN INGLE, ESQ.
Mayor BAKER called for further re-
marks from gentlemen present, when
number Of the Henderson delega-
ton expressed a desire to hear from
Mr. INGLE, the President Of the Ev-
ansville and Charlottesville Railroad.
Mr.. INGEE said he felt much as the
steamboa t1nen expressed it-'' There
was nothing in sight" Citizens of
Evansville, we have no proposition
before US for our action, and therefore
can give no-opinion- IL is proper that
the citizeusofl Kentucky should har-
monize their differences and come to
an understanding among themselves, I
and then show us what we can or
ought to do.y The question of differ
ence between Henderson and the Di-
rectors was of minor Importance q
It is of much more importance to
know how the money is to be 4
raised upon the bonds. IT.
ought to be shown how the Corpora
ton bonds are to be ,s'plaeed." In
the financial and railroad market
bonds are plenty, but money is scarce
1t may be. easy to induce our cities
and towns to issue the bonds, but who
is to take them without too great
sacrifice. When the Louisville &
Nashville Railroad was built, the
Company could not place them ex-
cept among their own people; wealthy
men along the line took them, but
the disposition was a work of time,
and-so by degrees the road was built
1t will ldevolye upon Gen. BOYLE
or some other person to show
us how they expect to raise
the money on the corporation bonds,
if obtained. To the communities
which give the bonds the completion
Of the Road, and not the stock, will
be the consideration. After the
81, 100000 bonds are spent on the
ninety miles of road, it will take So
900 or $15, 900 per mile in railroad
mortgage bonds to complete it. If the
Company could then succeed, the cor
porations which issue the bonds could
very we'll afford to do without inter-
est on their stock for sometime, just
as the stockholders of the Ell
& c.. and other railroads in the |
The question is can
the road be built? Let Gen. BOYLE
show us how it is to be done, and |
fore Evansville and Henderson shall |
invest their bonds in the enterprise.
A prime necessity is to have man at |
the head of it who can assure the peo-
Pile of its success; "a man in whom
we, and especially the people of Ken
lucky, have confidence. The old HI.
& N. Road would have been built be-
fore if such men had been at the
After some further H semarks by
Messrs. YEAMAN, PRIEST, and the
Mayor, the meeting adjourned. with a
much clearer understanding of the
-and-the. views both of
and the Directory. The