The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-02-19
Nan Albany Railroads.

beginning to spring up In the minus
Of the New Albany capitalists as to
their ability to complete, at an early
day. all the railroads which they have
been projecting and talking about.
Indeed. some Of the more prudent
cannot SEQ llss propriety of building
two roadside New Albany IL Vim
cennes and the New Albany, Mt. Car
mel Il St. Lonis-running parallel
and but short distance frem each
other. But sne prospect of building
both roads gade the friends of each
very tenacious, and, as the CONNER
ciGI mildly puts it, conflicting inter
ests were the result, whose antago-
nism, for a time, threatened to defeat
both projects. We are surprised al
this. We have been convinced by
the New Albany papers Of the ability
and willingness of that city to build
both these roads,i and half dozen
more, for that.'matter, if the interests
of the city seemed to demand it.
Aud do not the Interests of that city
demand It? Are not the two roads
Low terminating there unable to fur
nish transportation for the immense
quantities of goods sold in, and the
produce which passes through, the
city? Arelsnot those roads reaping
such rich harvests as TO make
their stock very desirable at very
high premiums? Are they not rum
ming three or four trains daily which
are burdened with passengers2 Such
being the condition of affairs, why
should there be conflicting interests
and antagonisms between tho friends
Of two railroad enterprises, when
both are so necessary to afford out
lets to the enterprise of aseity which
finds itself cramped, and longs for
more extensive fields for its manufac-
turers and merchants to cultivated
We are gratifed to learn. however,
that al meeting Of several citizens
of New Albany at 9 law Office Ia
that city, the conflicting interests with
reference to the two roads, to which
we have alluded, were harmonized By
a judicious compromise. 1t was
agreed TO organize the New Albany,
Mt. Carmel and st. Louis Road with
n branch from some point of the road
10 Vineennes. Probably. by the time
the road is finished, that portion of
the Evansville and Charlottesville
Road between Vincennes and the
point where the contemplated road
crosses it, will constitute the Vim
cennes branch of the new road. e
Having harmonized these conflict
ing interests. we expected to have
plain sailing, and to put the engineers
and contractors at work Immediately
and push the new road through, with
the energy characteristic OF the cities
which encircIe the Falls. But here
the Commercial throws in grave in
situation or suspicion, which chills
the blood and paralyzes the energies.
1t says:
We will here, however, reiterate
what we said on Saturday morning.
The company, if it expects to secure
municipal aid from this city. must be
organized with clean hands. It must
be placed under the control of board
of directors and officers who are com
petent to manage it, and upon whose
integrity no faint of suspicion rests.
They must be honest, and their pre-
vious actions must be the proof of
their honesty.
New Albany cannot afford to build
a railroad that is to run through her
like gut, and dump down her trade
into the stores of the Louisville mer-
chants and manufacturers. In this
railroad enterprise New Albany wants
nothing to do with Louisville. The
latter city cannot and viii not help
build the road; aud the road should
have its termination fixed in this city
so that it can neither be Changed or
tapped except with the consent of the
citizens.
Ii is expected that New Albany will
give, In her municipal capacity, not
less than two hundred thousand dol
lars to this proposed road. The citi-
zens, as individuals. will give fifty
thousand dollars more. Thew will.
therefore, not be found willing to run
the road through to Louisville in |
order that she may swallow up all it's |
advantages and their money at the |
same gulp.
There are railroad interests already |
at work with a view to getting con- |
troll of this proposed road. There Is
already talk Of Securing large subsi- 1
dies and then selling the road to other
corporations. These are matters for /
sne conslderation Of the people of |
reM aIOany-these are points that
must pc guarded and fxedly settled. |
beyond Ell peradyenture, before the |
people OF New Albany will ever con-
sent Tor the city to subscribe dollar |
20 the ROAD. Ii the company Ia or
ganized IN good faith, and it, D;rect-
ors and officers are discreet. saoac;ons
and honest men. the people will --st
hesitate to aid, to the full extent &c |
their ability, in building the road
Why these doubts and suspicions2 |
Is there danger that the Road will !
be organized with unclean hands, |
Are there men seeking its manage
ment who are not above suspicion2
We agree with the Commercial that
it will be very unwise to- run
road through New Albany like
gut, only to dump down trace before
the Louisville manufacturers and |