The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1873-07-26

let 1t drop. They are Genefsny
men of wealth, but others will JOIN
them. 1T is . good work, and Will
be done. q Let them be careful in
selecting q place. In . few years
Cincinnati will have million OF in
shabitants. 4 The place should be
outside the dense population, yet
near enough tosbe reached by the
rstreet cars, and thus afford pleasure
and instruction TO- the Thousands
who will visit it, "a Isni5Es2 id
~ b----.ss~ : ------- : = - ~, I
Has. Railway Coastraetioa been
II .Ove,doses
It is claimed BY some intelligent
observers that the work Of building
railways in the West has been car
RED little IN advance Of the times,
during the last few years, and that
. temporary check to this species OF
enterprise is highly probable.
Judging from the considerable
number OF companies, with incom
pleted lines, that have permitted
their interest account to go by de
fault within the last few months,
there is probably some truth in
this. We make the following cor
roborative extract from an article
in the Boston Traveller: s'There
has been feverish impulse to push
the rails far in advance OF the
transportation demands, the same
hot haste to create bonded debt,
and the same reckless disregard of
the plainest, and most simple rules
Of political economy. To give ad-
ditional impetus to the movement
foreign capital has been enlisted to
very large extent, and it has been
90 easy to build roads from the pro
ceeds Of bonds alone, while the pro
fits Of contractors, construction
companies, or s|Credit Mobiliers'
have been so enormous, that it is
not surprising that these iron
1thoroughfares have covered the
| West in metallic network. Par
TALLY checked by the war between
France and Germany, the sale o.
| bonds became 60 difficult that many
Of the new roads were obliged t
suspend work for a time, and not I
few hung upon the verge Of bank
ruptcy; but that crisis having pass
!, ed, construction was resumed will
renewed energy, and it has bee,
carried on with great vigor, unit
I. within few months the foreig1
and domestic markets have give,
Z unmistakable signs Of . glut,. ant
!. at the same time the collapse Q
some Of the weaker and injudicious
/ " located roads has disturbed con
fidence materially. Much Of thi
] premature construction has bee
| stimulated by the greedy cormo
rants who have had their immens
1 gains in view instead of the want
Of the people or the merits of tn
q lines Of road; but there is no doub
4 a feverish desire in every it'll
& town in the West, as it springs u
j. like fungus, almost in night, I
/ have these articles Of trade connee
Il them with the business heart, tbs
they, too, may share in its pulss
| lions Our contemporary think
!! that the lines already in existenc
4 will soon grow up to prosperit'
II and even if individuals lose, Ii
a country will eventually be the gain
i ,er, in spite Of the swindles Of col
!, struction companies. stock watel
ings and other devices, to feed Il
: insatiate appetite of Spectator
T. As an indication Of the rapid pr
gress Of our railway CONSTRUCTION
the following figures are Of interes
In 1859, Ii, $50 miles of railway ha
} been constructed within a perio
Of about twenty years, but at Il
] close Of 1872 the aggregate hs
been increased to 68, $50 miles,
, gain Of So, 1872 miles in period
two decades-a record Of progrel
! that has no parallel in the world
1 history. sah @1 1'Aa '4'.
D l., Mr.. A. w. Edwards, Of Indianol
/ Iowa, q Union veteran who ",
crippled during the rebellion, b
9 succeeded in inyentinR q peramb
4 lating cot for the use of the ply
! cally disabled, which combines q
il comfort Of lounge thst can be a
d iusted to any desired angle wi
; the easily-moving qualities of d
a most perfect perambulator. e 4
i invalid who retains the use of /
e arms can propel himself from roc