The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1873-01-23
new RAILRoAD PRoJ1cT.
Association, Formed to Build q
Narrow 0uage Railroad nom
Davenport to Kldora-Ths Peo.
pie to b. LIP Themselves.

The following summary OF the de
velopements oftbis project 80 far mad,
IL from the Davenport Gazette, Tb,
information regarding the Particular
OF the plan which were unknown T.
the Ga.ette are unknown also to Us
and we can only join In its concluding
statement that we shall watch the
movement with interest: e.t.
| Some onterprising people far away
In the interior Of the State, have been
talking up o narrow guage railroad
project, the chief objective points oil
which 10 the city Of Davenport. The
people of our city have known moth
ing about it; nevertheless an associa
ton has been formed IN the interest OF
the project. This we learn from let
ter which appears in the Marshall
Times Of the 10th inst, dated ut Spring
Creek. Tsma county, written by Mr..
r. Reichman.
The letter states that on the lst OF
January, 1873. an association was
formed at Spring Creek, "for the pur-
pose of constructing narrow guage
railroad for the transportation of
freight, TO he known as The Peoples
Narrow Guage Railroad Cor Then
Mr.. r. gives the contemplated route:
To commence at Davenport, run west
along the BlackhAwk, to or near Blue
Grass. tScott Coz; thence to Center
Grove, tMuscatine Co.., Tipton, iCe-
dar Co.., Scion, johnson Coz. Lon
don, Benton Co.., Homer thence
through Oneida. Clark, Perry, Crys-
tai, Spring Creek, tTama co.,; thence
through Clay. Felix, (Grundy Co. J, to
Eidora aud Iowa Falls, (Hardin Coz,
this being the terminus, but ultimate
~ to be continued to some point II
the western boundary of the State.
Now, II there ever was better rail-
road route. or one that promised more
rich results, than this one, 1t has never
been heard Of hereaway. The length
of the line to Iowa Falls. is about 10
miles. aud Mr.. II. estimates its cost at
Sl0,O00 per mile. Gas can be seen by
a glance at the map" he says. 1.-The
location il q most desirable one, and
will lie mainly on high land where
the grading will be easy and the road
free from foundations and snow block.
AIDES. There will be but two bridges
Of any considerable size on the line
one at Eldora. and one at Cedar Bluffs
across Cedar River"
now ABOUT THECApITAL:
Well. Mr.. Reich nan says the ''capi-
tai il TO he raised by farmers contigu-
Qua to the line, In the city Of Daven
port, &C." He goes into minute par
ticulars on this point. Read:
"The mum Der of owners of so acre
tracts along the line is $4,000; aud il
each will take "A share Of $50, will give
US 81 aa5O, 600, and they to be the sole
owners Of the road.
~ SudIp VI s-JJ W dI Sb dCtc tIdCt VIII
he about equivalent to . 5 per cent.
tax, with this difference that in the
one case you have par value, and the
other nothing but yoke of bondage
to railroad monopoly. The balance
to be needed can easily be obtained by
honding the road. Farmers who take
stock, can many of them work it out
or furnish ties. Ii IL plain to be seen
that there is no trouble to build the
road and save the paying the interest,
and the saving on freight the first
year will indemnify the stock holder
for his entire outlay. In this way the
road can be entirely independent Of
anx other. Stock holders to be limited
To lOO shares 70 that the CONTROL by
purchase Of stock cannot be obtained"
The gentlemen who originated into
this scheme, are all determined to go
into it with proper understanding of
the question
WILL 1T PAY?