Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-06-30

fipe soeatssyz, while Chicago. with Q poor
!, a & he extremity of Lake Michigsn, /
& ss.esi On s compound admixture Of
Ind and mud. And why this result
simply and alone because Chicago builds
railroads seaching out In every direction /
to be sure she never pays for them
but that does not aitsr the principle She
gets the railroads and all the beneats OF
them. Not more than two cities west on
the Alleghenies can begin 70 compare
with Nashville, everything considered, IN
point of location, and, still, while we
have a prosperous inland town, what .
city we ought to have, spreading all over
these beautiful hills and valleys and en-
bracing with its Briarean arms the COM
mercial interests of all the splendid eoun-
try lying round it. al&
The railroad whose name heads this
article, viii be of the utmost benefit to
our city, a benefit which viii be more
speedily felt than any enterprise now
projected. =
1t is rapidly approaching completion
and we who will derive more material re-
suits from it than any other city, are asked
to do less proportionally than any city o.
town interested in its completion the
county of Davidson owns some stock IN
the Louisville and Nashville Railroad
which is now dead capital. 1t is asked
that this be transferred, partly to aid the
Owensboro and Russellyille road through
Kentucky, but mainly to improve the
grade of the Edgefeld and Kentucky Rail-
road, and construct short line connect
ing Springfield with Adairyille, KY. From
| Nashville an air line through Springfield
strikes Greensboro, and it is desired to
make it one road from Nashville to
Owensboro. -a -l- an. .gI ~
The Northern connections are assured
to Cincinnati by way of Rockport and
Logootee, and to Chicago by the North
and South Railway. If Nashville refuses
to aid this project, Chicago expresses q
desire to run the road from Adsirville
direct to Chattanooga via Gsllatin, and
then we will cheerfully expcnd four times
the amount now asked of us to prevent
the completion Of that amputating process
The present condition of the OwenSboro
and Russellville Road is set forth in the
report of Mr.. Weir, its President, made
on the 1st inst, from which we extract
the following: .-..- -. ..--y-.
Gin February, 1869, the first survey
was made from Greensboro to Livermore,
twenty lone miles, and by the 1st of May,
1870, this section was fully completed at
cost for graduation, masonry, bridging
and depot buildings of sos, 1877 cash and
$50, $50 in county bonds. The iron and
construction train have been contracted
for, are now being delivered, and
the money is ready to pay for them.
From Livermore to the Tennessee State
line near Adairville, distance of sixty
five miles, the cost for graduation, ma
sonry, building and bridging, including
the only important bridge on the route,
will not exceed $640, 600. The contract
to build this bridge was lately let out, and
viii be completed within fifteen months;
by which time it is expected the entire
road will be finished. The estimated cost
of the entire road, rolling stock and all,
is about s., 100000. Its cash capital, or
assets, now approximate 81, 200, 600, as
reported by Mr. Weir.
The line has never been thoroughly
canvassed for private subscriptions. La
Logan county, KY, which has voted
subscription of $500, 900, it is confidently
anticipated an additional 300, 900 private
stock can be raised, and this is now being
done with every prospect of success.
Muhlenburg, very poor county on the
surface, but containing fabulous fortunes
in its bowels, committed faaS pas in
voting $500, 900 aid to the Elizabethtown
and Paducah railroad, bantling of the
L. 6 N. railroad, and the costliest and
poorest enterprise which has ever been
started in Kentucky. Hence the bonds of
Muhlenburg county would rate low in the
market; but its citizens promise private
stock to the extent of $75, 900 or $50, 900,
This will leave deficit of $400, 900 to be
provided for, which, of course, could be
easily raised on first mortgage bonds, on
a road which will then have expended, in
actual construction, considerably over
81, 900, 900. 1t is desired to AVOID doing
this if within the range of possibility, and |
the aid asked from Davidson county, if
granted, will very materially contribute
in enabling the company to do so.
We earnestly trust that our people viii |
not remain quiescent and lethargic when |
vast benefits are rendered to them. Gin
cinnati, Greensboro, Russellville, Spring |
field, every town and city touched by this
road propose to do vastly more proper
tionally than is asked of US. Complete
this road, and forthwith the Edgefield |
and Kentucky becomes the best paying
North and South road in the Mississippi
Valley. Refuse to assist it, or allow hos
tile parties to obtain control of the Edge
field and Kentucky Railroad, and the |
time is not distant in the future when our
endangered commerce viii do greatly /
more than is now demanded of us to de- |
feat Chicago's darling enterprise of cut
ting us off by an Air Line to Cha tianooga.
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IJDECIAL CONVENTIONS |