The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1870-06-24

NdsuNlil6 LbOduS WAS ny All OuQS TIC
best of the three. Accordingly he
took steps early to place himself in
communication with our Board of
Directors and subsequently made an
arrangement with them to have the
line surveyed by his engineer.
In the meantime another Railroad
Corporation-engaged in constructing
a road from st. Louis to Paducah
through Belleville aud Duquoin,
which will be completed to the latter
point by next October-had its at
tention also directed to our road, and
at once recognized its value and i'm
portance. They appointed an agent.
Mr.. Phillips, to visit our city and see
what could be done with our railroad
men towards forming an alliance.
He visited our city last week in COM
pany with Mr.. Butler. Of New York.
q capitalist of reputation, and Col.
Moore. formerly connected with the
Terre Haute &sAlton road. and the
Kansas Pacific road, of Missouri
Railroad man of national celebrity.
By request of the Directors, Gems,
Winslow and Wilson. representing
their road, were present in the city al
the same time. We give the facts
connected with the negotiations
which followed. as we have been able
to gather them from some of the Di
rectors.
1t seems that Gen. Winslow sub.
mitted a definite proposition, in The
first instance. that our Directors de.
cided utterly inadmissible, and i
almost Inclined them todespair of thei
ability TO secure a road at all. Mr.
Phillips and his party, in the mean.
time, came forward with their fran
chises and plans and prospects, ant
proposed to consolidate with our cor
poration. for the purpose of building
a road from Duquoin to Evansville
through MeLeansboro aud Carmi
This was not deemed best by on
Board, and he was asked to make
distinct proposition as to the bes
terms upon which he would take th,
contract for building our road. Ate
examining the survey prepared b.
Gen. Winslow's engineer, Mr.. Phil
lips did, as We are informed, submit
very satisfactory proposition TO built
a good road from Evansville to Du
quoin, taking our subscription auC
such other assets as had been sub
scribed in Illinois as pay. This prop
osition, regarded by some as three
quarters Of million of dollars bette
than General Winslow's, made mos
favorable impression upon the Boarc
of Directors, and so unanimous wer
they in their expression of approva
that Col. Bowling felt authorized t,
, telegraph to the Terre Haute E:rpres
that the southern, or Duquoin route
, had been selected by the Board.
Gen. Winslow next came forwar,
with a second proposition, similar in
many respects to that made by Mr.
Phillips. and it was SO favorably re
garded by some of the Directors tina
a difference Of opinion became mani
fest. A meeting Of some of the stock
holders was called, at which the mer
chants were very unanimous in ex
pressing their preference for the
southern route, insisting that thu
trade interests of Evansville woulc
be far better subserved by a railroad
running farther south from the D. &
NJ. Road than would the road of Gen
Winslow. Considerable excitemen
grew out of the conflicting opinions
and =1uch elimination and reorimina
ton was INDUCED in By the friends o
the opposing routes, which it is no
necessary for us to repeat. A resolu
} ton was finally passed, authorizin
the Board of Directors to make
contract as seemed best in its judg
ment, but expressing it as the wish G
: the stockholders that, other thing
. being equal, the contract should b
) closed with tho parties represe ntin
, the southern route.
, Immediately after the adjournmen
} of this meeting of the stakeholder
r the Board of Directors assemble
) and closed contract with Geners
Winslow for the construction of on
road to McLeansboro. giving him on
? franchises. and subscriptions, and tn
, road after it is finished. 1t is elaine
, by some of the Directors that thi
? contract virtually sinks the half mi
} lion subscription of our people. It
, asserted that the preliminary cor
} tract is drawn up in loose and care
less manner. and does not compt
} Gen. Winslow to build a road to No
} Leansboro at all. It is still furthe
insisted that Evansville has bee
asked to virtually guarantee tb
> White and Hamilton County sub
} scriptions when these subscription
: have already been assigned to th
, consolidated companies representa-
f by Mr.. Phillips. That Genera
: Winslow has given no securit