The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1869-01-19
RAILROAD PROSPECTS.
G. Il X Fi. w. Railroad.

This enterprse is still before the country, the a
mount required to secure il not having been made
up. II IS reportef that contract to iron the road
has been concluded between Mr.. Parry, the Presi-
dent Of the road, and the c. c. |. c. Railroad,
leased TOR ninety niue years to the New ork s Erie
Railroad Co which contract the latter Company, in
all probability, will carry out instead of the former
Its terms understood to be that when local SOL
vent subscriptions enough-$5o0 goo is the minimum
sum named-to grade, tie, and lay the iron rails
the entire line shall have been made, the iron for the
entire line win be furnished by sections in exchange
for the mortgage bonds Of the G. r. It Ft W. Rail.
road Go. The work will be commenced 1T Richmond
and pushed northward with all the dispatch possible.
The first section ends at Winchester, the second at
Portland, the third at Decatur, and the last at Ft.
Wayne. The raising of the 100000 is all that now
ntervenes to prevent the commencement of the work
at once. The amount has been appoF,ioned amongst
the counties interested, that Jay County is only
required to raise $4,000 sum small that twenty
five cents the of the land in the comfy will
more than make it. But many of the townhps are
so remotely situated that their interest in the project
is quite limited, those Immediately adjacent to the
road must bear much more than equal division Of
the mount with the entire county. There being no
Office of the Com pany at Portland the county
interested directly in the Portland route, to take
charge of and give direction to the work here the
pie have constituted committee to take control :.
This committee has been very actively engaged in
preparing the work for thorough and vigorous
vass, and have now got the work started They have
apportioned the county quota amongst the townships
interested, that Pike is required raise S12, 500,
Wayne SIS 600, Bearcreek $4,000 Jackson $4,000,
Green $4,000, Jefferson $1,000 Madison ,o0o Noble
5 1000, Wabash $4,000 and the Corporation of Port
land $4,000. This apportionment if met by all,
makes the filling of our quota a very easy thing. No
man need do violence to his circumstances. But all
should lend a hand. The Company cannot locate their
route until all is made up, nor can work begin,
until it is known that means have been secured to pay
for it when dCne This is ali they ask, "Pay when
the road is completed-not before" They cannot
wait long to have this secured, and in default Will
soon abandon our line and adopt where this a
mount will be secured to them promptly. Every
man should ask himself this question, Nv hat can
give toward the quota of of my county rather than
not have the road?" aud having decided, he should
promptly report himself to the nearest solicitor with
a liberal subscriptions. Jay county ought to be able
to raise four times the amount required of it. Even
such cost it will be the best nves tment the people
ever made possibly make. Timber land now
is drug SO per acre. with this road the timber
alone is worth $685. and can be turned into money at
will. TIL, subscriptions in Allen, Adams, Wayne and
Randolph made, nearly SO, to render the
making secure. Everything depends upon Jay coun-
ty. II the people will but subscribe literally and
promptly, all will be well. Ii they do not the road
fails, and of ntermnabe mud, bottonlless roads,
no market influx of immig grafton and capital, and
Development of the wealth and pros
perity of the county will be the negative results
fruits for such people and such short sighted
economy.
Let every man feel himself directly interested in
filling the quota of his township at day. and
Saturday the 10th inst let all attend the gene ra
meeting Portland receive of progress and
take note of the prospects. The meeting will con-
vene al p. M.-fJay Co. Republican.