The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1870-08-03

adopt the resolutions concerning the Cairo
and Vincennes railroad heretofore adopted
by the Select Council.
Let US look at this matter moment.
In lS66 the city Of Cairo subscribed
100000 of its bonds to the capital stock Of
the Cairo and Ninccnnes railroad COM
pany. The subscription was made with
out any condition excepting that the bonds
should not be issued until after the road
had been completed a certain number of
miles and the rolling stock placed upon it.
Afterwards, the Council resolved that, for
and in consideration Of the sum of $4,000,
the commencement Of the work within six
months, and the prosecution of it with as
much diligence as possible, the city would
sell It's stock to the company.
This is the whole Of IL. Cairo has sub
scribcd to the road, and its bonds must b
issued even If the work should not b.
completed within fifty years. The time At
which the road must be finished Is not a
condition of the agreement.
But, for some rcason--let us call II the
incompetency Of Gen. Burnside - the
work on the road has not been pushed for
ward as rapidly us II should have been;
and now II becomes necessary to make new
combinations in order that the work may
be completed. Capitalists say 1--WE will
take the enterprise In hand Gen. burnside,
II you can get the towns and counties that
have made donations to the road TO say
again, that, il work on the road should
be commenced within u certain time,
and finished within certain
time the donations will be made 40 prom.
iscd." Why should any city or county
refuse 10 make this promise II IL 10
made and the road Is finished the bonds
must be issued but il the road Is not built
the city will not be any the worse for It's
action Tho only question is us Cairo
willing to give 100000 Of its bonds to
have the Cairo and Vincennes railroad An
ished and put in working ordcr?" If she
is, the Council should vote up the rcsolu.
tions voted down by the Board Of Alder.
men on Monday night, since that is sub
stantially the question which Is put TO the
Council in these resolutions.
But II has been said by one member
dodge, Lord X Co. are our debtors they
have cheated the laborers Of the city; and
therefore will no, vote that IL the road Is
built within certain time the city shall
give to the Cairo Il vinccnnes company
the bonds promised This may be forci.
bic, but Is no argument. Even IL Dodge,
Lord x Co do owe some laborers, is that |
reason for depriving Cairo Of the great
benefit Of the proposed road? |
Shall We bite off our own nose.
10 spite our faces? Mayor Wilson bases
his opposition TO the extention Of time on
a. weak preteSt. why vote that II the
road l. built We will issun these bonds.
The road will never be- built. II tho |
Mayor ia correct, what harm will result IA ,
tho city by nying to the company "If !,
you build this road We will give You 800 |
600 n they 10 not build Il tho CITY |
would not bel cent poorer IL, contrary
to the Mayors expectation, 1t should be-
built, the city can we'll afford TO give the
amount offered.
\ great deal depends upon the Cairo
and Vincenne. road. All the manuractur-
Ing interest. which ARE seeking to obtain
fooihold In. Cairo regard that road ms of
great Importance 10 their business, and il
seems 10 us the railroad interests of
tho city all hinge upon tho success.
OF this enterprise. H. taking action,
therefore, tina, jeopardizcs all these
Interests the Board Of Aldermen assumes
grca, responsibility
IHE FUND FOR THk Kelley OF SICK
AND DISABLED SEAMfS.-Georgc Fisher
ESQ., surveyor Of Customs at thi. port
has called our attention TO an nc, passed
at the last session Of Congress, which will
be interesting 10 our rivermen. The NC,
Is entitled AN act 10 re-organizc the
marine hospital service, and to provide for
the relief Of sick and disabled scsmen."
The first section provides "that from and
after the FIR, day Of August, eighteen
hundred and seventy, there shall be- assess.
ell and collected by the collectors Of Gus.
toms at the ports of the United States,
from the masters or owners of every vessel
OF the United States arriving from u for
eign port, or Of registered vessels employ.
ed in the coas,ing trade, the sum of forty
cents per month for each and every sea-
man who shall have been employed on said
vessel since she was la.t entered at any
port Of the United States, which said sum