The interior journal. [volume] (Stanford, Ky.) 1872-1881, 1873-06-06
souTHEax RAILROAD.

SOUTHERN RAILROAD.
In conversation With q gentleman on
his subject. q few days ago, he express
ed the opinion that the proper thing for
:. Inc trustees Of the Southern road 20 do,
is TO commence the road at Nichclasville'
and build south. This. at first CLANCY
would seem 10 be the natural plan. ~
making advantageous running srranfe-
ments wix the Lexington and Cosinyon
road, Cincinnati, with her ten million
appropriation, would be able iscsablsh
Southern connection, wheseas, II the
whole length Of the road is to1be built by
means from Cincinnati, there seems to
be growing up doubt WHISTLER she will
enter on the job at all. II is apparent
that ten millions will not puild the whole
road, and Cincinnati nov seems to be
hesitating whether to shter on the ex-
penditure of this ten nj lions with a GER
tainty that a second item millions viii
have to be raised, anda probability that
even third appropriation will have to
be made before ths road is built and
rolling stock placed on Il.
With this unpfomising condition Of
affairs the plan p commence at Nicho-
lasville and buid South recommends
itself ut once but, unfortunately, there
is an insurmouninble objection TO the
plan. 1t Is expressly provided in the
zen miiiiion appropriation Tia. one end
of the road shall be stuck in Cincinnati.
This clause, then, in Cincinnati's ten mil
lion subscription gives short stop, as we
understand it, % any and all plans for
the road, except to commence building
at Cincinnati OF to buy out and out a
road which has is Northern termination
in that city.
The Cincinnati papers are at present
much exercised over this matter. They
want the road and feel hit siey are
compelled % ~ ~, If they are in the
future 10 keep up any show of rivalry
with Louisville or are to put in bid at
all for the Sonthern trade. But they arc
slow to recommend the commencement
of the work, apdit is with exceeding re
luctance they viii begin a job when they
cannot sec their way clear out of it. The
Commercial thus spreads wet blanket
over the whole enterprise:
There are persons who are anxious to
see the bonds for ten million issued. The
spending Of that sum Of money has its
attractions. But the main question, as
we understand it, is whether we shall
proceed to assume that amount Of debt,
and spend the money, withouta contract
that will assure us the road without fur
Their expenditure? We had hoped that
there are great. railroad corporations Ia
king time blythe forelock in competition
for the building and running Of our road.
IL is possible that among railroad men
there is n serious degree of distrust of the
Cincinnati Southern railway as a paying
investment? If we. propose TO rush in
and spend ten millions of dollars--how
shall we doitl Shall we begin by occupy
ing the East End pig pens for depot
grounds, or shall we go West and build
ourselves a great depot, and new rail-
road bridge acfoss the Ohio, and new
railroad TO Paris or Lexington? BY this
process we could dispose Of our ten mil
lions before crossing Kentucky, and have
no better Southern railroad connection
than we have got to-day. Then we want
another ten millions, and perhaps still
another ten millions.
What can we do with the Kentucky
Central? Clearly nothing for some time.
The litigation is not over. There are a
swarm Of eminent lawyers nibbling at
that cheese. II is related that we can
build a road to Lexington twenty miles
shorter than the Kentucky Central for
less than We can purchase that road for.
Shall we do itY Does the Southern bus
iness demand that there shall be compe-
ting roads to Lexington We are una
ble under the Ferguson law TO go into
partnership with the existing road.
Thus that paper goes on, issue after
issue, toshow up all ofthe difficulties in
the way Of building the road, and recon-
mends that plenty Of time and long delib-
Grafton are the necessary things-this,
after four years have been FILTERED away
since the people of Cincinnati voted to
raise the money for its construction. We
do not know that We have any particular
reason to complain, as. We have never sub
scribed to the enterprise, and seem I'M
willing to so much as grant right OF
way to it, but the whole mountainous
project of the Cincinnati Southern rail
read, after being in labor four years, looks
like II is going to bring forth very
small-sized mouse. Lexington Gdzeste.
*Whncs the Matter with That
Nose?-
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