The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1867-05-25

Just at tile prescn. time onr county
seems 10 have super abundance OF
railroad projects. First. there is the
Anderson Valley Road. running from
Canneifon and Tell City on tile Ohio
river to this place, and looking Tor y
fnal termination on the o. d Nj. X.
r.. at the first place where the citizens,
md those along the route, are willing
10 subscribe sufficient TO make the
connection. This company is formed.
and with fair prospect OF securing
enough Of stock to complete their road,
ii tie people along the proposed route.
have not their true interests blinded
ly iealons Intermediates from a.
lroad. who no doubt have an itching
for putting money in their purse, "
Nv securing fax contracts on some fu-
fure road. which they know must
come through this county. il they
succeed in killing oil all the proposed
routes. We warn these mcddlers,
however, to beware Of the future, ii
they expect iavors-pecunsry or 9th
crwise-from the citizens interested
il the Anderson Valley Road. and
whose designs for a railroad, with all
its acknowledged accidental adyanta-
ges, they may for the present have
thwarted or biighted.
The next project is Tor a road, .
company to secure the building Of
which was organized on last Wednes-
day, at Ireland in this county, to be-
gin at Grandyiew. il Spencer county,
and run through Dale, Huntingburg,
ireland, Petersburg, and terminate at
Vincennes. This company propose
TO raise 81 goo for each mile Of this
road, and donate this amount to some
ether company who will build, own
and control the road. This company,
we think, was gotten up by its Presi
dent. Judge John Baker, aud Score
tary. w. G. Adams. without any rea-
sonable expectation that they wonld
succeed in getting the road built and
continued in operation. We think
%, for the following reasons:
First:-Judge Baker, was the dele
gate from Vincennes, at the meeting
at which the Anderson Valley Com
pany was organized. felt he was
wrongly dealt with, because tile dele
gates there present did not see fit to
terminate their proposed road at his
city. and allowed himself to lose his
temper thereat, not being willing 70
concede that which to the disinter-
csted delegates present, seemed clear
that it would be- folly to locate Z
railroad for forty miles through {
country which was dotted by severa
towns. and which had all been mott
fed Of the meeting and its purposes
and yet were unrepresented by sin
gle authorized delegate, and before !
was known whether they would b
willing to subscribe single thousan'
dollars Of stock. While in this mool
lie encouraged the formation OF an
other company, the result Of which
ii persevered in to the end, woul'
likely be to prevent the building Q
either road. As before mentioned
the company was formed on las
Wednesday. We admire his courage
but cannot say SO much for bic juca
inent.
Second Tho ownership Of th
proposed road to Vincsnnes. II
now generally conceded that railroa
stock, as such, docs not generally pa
very large dividend, and that pee
pie who build railroads, must look I
the increased facilities for getting Al
ticles to q market, and the enhances
value 81 their real estate, with othc
advantages which railroad furnish
90, for a remuneration tor their out
lay. To secure these advantages :
great oxtcat, the road must be own
cd BY those, and run in the interest
Of those to whom these advantage
accrue, instead Of for the interests Q
foreign capital, elise, If the invest
inent should not pay large direc
interest, the same danger which no,
threatens the lower division Of tn
New Albany and Chicago road wonl
be imminent, viz: that the owner
would remove the iron and abando
the road. and the citizens along
would be in a. bad a situation q
thew were hctore shc 81 ono a n,ii