Indiana American. [volume] (Brookville, Ind.) 1865-1872, 1868-01-10
TERMS OF AovERIisIHo. A
Getting Railroads Without Rendering
an EouivaIent.

Various plans have been resorfsd 70 fvr
the purpose Of inducing foreign cspissIists
aud corporations 10 build Hsilfosd from
this city 10 FL. Wayne, aud have fsiied.
Common sense people ought 10 begin 10
zoe tha, ibs besi way TO build THAI road 10
for the parties directly Interested 20 draw
their wallets aud evlne down With the
money. That plan will work. Ii he
men intererted do not zee prepsF 10 sdops
that plan, the road should net be built.
We are informed by the ofhcers Of The
Company that two hundred thousand
dollars will complete the road from
Richmond TO kdgeville, a distance Of
Thirty miles, aud that Wien thus compile
ted there need be no bonded or any other
kind OF debt on the road, aud that its en-
tire earnings, after payiog the cost Of op-
Grating IL. will be lett as dividend 10 the
owners Of the road. Under these cir
cunrianees is II not The best thing the
city Of Richmond eau do ~ advance this
amount of money aud build and run the
road? Would IL not be better Tor Rich
mond TO pay Two hundred ihoussnd
dollars snd be secured ~ the whole amount
Of a quarier ofa million that will thsp
be Invested in the road, than 10 put In the
one hundred aud City thousand dollars
that has already been proposed, aud then
stand chanco OF having the whole of thIs
last named amount swallowed up By the
Esstern capitalists that advance the money
TO buy the iron for the road7 II the Rail.
road company will give the city Of Rich
mond first mortgage on.ihe entire road,
IL seems 10 us that IL 10 clearly the interest,"
Of eur city to take hold of the road aud
complete IL as far ss kidpevilis. We will
then be placed 10 direct connection with
two East and West lines, the bellsivn-
Isine aud the Loganspori aid Union. aud
all the benefits that will secrne directly
to the merchants aud manufacturers Of
Richmond by the building Of Norhsrn
Railroad will be secured. II Fort Wayne
does not sec proper TO take any stock in
the enterprise iha, is no business Of ours.
AS we SAID In mn article three weeks
ago, NOW IL the time 70 DO Whatever 10 10
be done. A road il being built from
Cambridge City ia the direction Of Fl.
Wayne, by party that talks very little
aud works n great deal. II We hold still
twelve months the question will be tettlsd.
Lords road from Cincinnati 10 III. Wayne
will be IN operation. aud the road from
Richmond will never be heard Of, alter
that, except NJ "a page Of folly In the his
tory Of Richmond. 1I
The building Of this road would add
million of dollars TO the value Of the
property Of Richmond. This fact is welt
known TO every intelligent porson who
has Thought upon aud exsmteed the sse-
joct. II our people are not willing TO
pay one. fourth Of the amount named 10
secure such benefit, Il II their own busi.
ness and nobody slue's. II We want 20
see rival city bull, up within few miles
OF US, aud are disposed &c make no efors
70 maintain our position ~ the centre Of
trade aud business In Eastern Indiana,
then let this Railroad enterprise die sbd
our future Will be hsed. Capital and
business ever Geek their home where
property IL increasing In value, and trade
paflakeu OF the spirit iha, surrounds IL.
We have tho finest inland city Ia the West.
II Ia prosperous aud rapidly increasing In
population. Shall these conditions 20 on,
of shall they be foyefsedg II IL Cor the
property owners OF Richmond 10 decide.
Ekiehmond Telegram. ~