Sioux City register. [volume] (Sioux City, Iowa) 1858-1871, 1867-03-16
The Illinois Central ard tive Dubuque
and Sioux CITY Railroads.

and Sioux CITY Railroads.
We understand ttat duly authorized
agents Of the Dubuque a"d Sioux City Rail-
road are now in Chicago to ne!otiate a lease
Of iLst road 10 the Illinois C.ntral A Da-
buque paper, speaking of the proposed lease,
says:
"lhe people along the line If the eroad
are, so lar as We can learn, heartily in favor
ot its lease to the Central, as that, in their
opinion, would result in she spaedy building
Of the bridge at Dubuque, aud the extension
of he road westward.'
There can be no doubt Of II. 1t is equally
certain that the Central will not build a
bridge across the Mississippi, unless it has
co"tro' Of its western connection. The soon
er this fac, is distinctly undcrst)ud the bet
ter it will he for Northern Iowa.
The rapid developmcn, Of Illinois, after it
fairly got under way. was !ar,e', due to tie
seven hundred miles ofrilway built BY this
company. And what it has done for this
State it can. 20 great extent, do for Iowa.
The construction Of bridge would only be
the beginning Of good thi"gs. The Dubuque
and Sioux City. although one of the o'des,
railroads in the State, moves slowly, "slswy
creeping on from point to point in it, jour
| ney toward the N ssour Without more
capita! than it can itself command, it would
| ne many years before il could reach it's west
ern destination. In any event, it can not be
pushed through before the expiration Of its
grant, May, 1868 If, however, the line shall
begin to be pushed with visor, the For,ie,h
Congress will undoubtedly extend the time
The terms upon which the lease is being
| negotiated are not kn, wn tc ,ae public, but
AS the representatives. or agents 70. both
companies are saGaciors aod experienced
railroad men, it 10 10 te presumed that uei-
.her will take the advantage Of tie other
|, is clearly for The interest cf both 10 effect
consolidation, 50 th.! neither ia un,!sr the
necessity Of driving a sharp bargain iu order
to make a good ta.e.
The present value of The road may b, in
ferred from the fact ,ha, ito gross earnings
for 1866 were $S05 ,2Gl 10; gross expend.
lures, sooo o3o Sc, leaving balance Of pro-
fits of sl36, l34 33. This, however, gives
no adequate idea Of the rea! value Of the
railroad, for its prospective Importance is
beyond Ca icuiation. Last year its net BAL
auce vas only SIC go 76, which shows ,ha,
the business along the line is rapidly in
creasirg.
The extension Of the road to the Missouri
Will give It an immense through trade Al,
present Al. the travel or freight going through
Chicago, en- route for the Plains or the rr-
per Missouri, goes to Conncil Bluffs; bu, in
due lime Sioux City, aboGt one hundred
miles above, will be n successful rival of
c unc! Bluff, especially es regards up-river
husiness. Eventually ,her. will be Pacific
Ra'lresd ccDns elton St that point, which will
make the Sioux City route 10 The Plains and
the Pacific Ocean more direc, than the one
now being opened up v! tn such astonishing
rapidity by way Of the Omaha Branch of the
Pacific Railroad connec lou at tina, point,
which will make the Sioux CITY route to tie
Plains aid tue Pacific Ocean more direc,
hao the one Now being opened up with
such astonishing rspiiitv by way Of the
Omaha Branch Of the Pacific Railroad We
speak of thi. to show hat the Prospective
value Of the Dubuque and Sioux Civ Road
L. i"cslcu!abIy greater than its present value
For how long time il is proposed TO grant
a lea>e We have 10 means OF tel ing, but i,
is 70 be presumed tina, II ei i be for long
tr;n Of years. o'hcr~ise it woul hardly pa,
The Central TO take hold Of j, a, all.
Bes.des lis main lin", the Sioux City rail
road ha, all important branch tapping the
North Cedar valley, already built to Waver
ly. Bremen cou"ty, fourteen miles from the
junction, and which is to extend TO the State
line, sixsy-two miles hey ond that point. This
valley is one OF the very fines, TO be found
anywhere, peculiarly we'll adapted to ali
kinds OF farming. and already thickly peop'ed
by an industrious. and money ing popu-
iation. ibis road has, We understand, been
already leased for forty yeafs, bu. it will
none the less prove profitable feeder to the
main road.
We can but see in the proposed consohda
ton, for that is what lease would amount
to, great advantage to all concerned 1t
would he better for the railroad companies,
fer Northern Iowa, aud for Chicago. - Ch,-
cago Jo"r"aL