The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-09-17
THts H., Y. kAsRAILR04CR
The Failure to Self shes henderson
Bonds-And the ,Prospects or the
Road. r. p II 1S

readers who are interested in the pros
perity of this city and its public i'm
provements, to the article which we
publish this morning from the Hen
derson Reporter, on the prospects of
the Evansville Henderseno& Nash
vile Railroad. The citizens of Ev-
ansville, with degree of unanimity
altogether unexpected under the cir
enmstances,s eeconde the eeffar6hf
Henderson to build the projected
Railroad to Nashville, upon proper
copditienss Before Evansville vas
to be called upon to furnish her pro-
missed aid, Henderson was to provide
the funds necessary to complete the
road q specife4s ldistspcs. That
city has promptly issued her Bonds,
and portion of them have been
taken at home bat General ZBoFLE
found it necessary to take the greater
part of them to New York and put
then, upon the stock market, for sale.
The REPORTER informs US of the result
of General BoYLE's effort to dispose
of them. Its account is evidently
written from official information, and
with no othef parpose THAI to report
the real prespectseef the Road 1t
says: 4
We regret, however. TO state that the
$4,000 of our city bonds put upon the
New York market by General Boyle
have met with no sale. The, reasons as
signed for the failure to realize any sale at
fair figures are several. The recent orders
Of the Presidesst asakfn9 changes i,., the mill
tory districts, the Suspension Of Secretary Of
Var stanton, and Tie constant rssnaors Of
Cabinet changes, hare exercised an influence
upon the money market that has produced q
feeling o.. doubt and cautiousness tn reference
to all financial matters.
The proposition to pay or the National Debt
,oith green6acks is also causing capitalists to be
cha7y Of their Investments; and the rapidly
Increasing popularity Of The scheme promises
speedy revolution in the status ofSFederd
6ond-hoiders. Want of confidence fs 6econ-
ing apparsnt ererysohere.
Such is the ~plain statement of the
prospects of the Road, in the success
of.which our city has such deep in
terest. The causes assigned are given
bysa newspaper, and frem a quarter,
which has nc, interest in-warping the
financial and~'commercial situation
against the President or the Demo
cratic party. And yet could there be
more practical commentary on the
Revolutionary. acts of the one or the
POLITICAL principles off the other?
And could there be one bettersappre-
ciated by our citizens? Here we see
a great enterprise, which we had
hoped would give new impetus to
the growth and prosperity of Evans
vile, come to dead halt at one end
of the line, on account of the recent
orders of the President, *S*
which have, produced a. feeling of
doubt ana aHti business m reference
to all financial matters; and
thepropositioA to paxsofthe National
Debt in Greenbacks, whereby
a want of confidence is becoming APP
parent everywhere. ,,
= tiswehkhSwn thatA the Denioc-
racy are making the campaign in Ohio
and elsewhere on a platform which
..Vaeduced d@eii6gT Of double and
cautiousness in financial matters" 1t
is also well known that the Democ-
raey Of VaAderburgh and other Cogn-
ties in ndianasshavc recently passed
resolutions 10 6king to Repnd iation, the
direct effectsiof which are to prevent
the sale of the Bonds Of the City of
Henderson, and thereby work an IN
calcula bic injury to the city of Evans
'viliee The facts stated by the Hen
derson Reporter should have the effect
to,lead our mereh ants Rho have been
looking to the opening. of this Road.
for large increase ia their trade to-
inquire more seriously into the ten
denotes Of the present doctrines of
the Democracy They should Arrest
the attention Of our mechanics, who
were counting upon the increased en-
pfoyment which would be created by
the Nashville, Railroad, They should
-iadnee-o people of exery-elass. and
business to apply this matter to our
own political situation. -.
= There is one. thing which will yet
furnish General BoYLE with the money
he needs, notwithstanding the failure
70 sell the bonds in New Y ork; and