The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-07-12

princely accommodations, and out OF which
they might pay for banquets at fFst-class
hotels and decorate themselves with button
hole boquets as big as a liver-pad. We
know that when this one million of dol
lars is raised, and "the people, have
subscribed so much, that Mr.. Kennedy pro-
poses to release the California jacks-in-the-
boxes-those mysterious capitalists he keeps
hid away in his capacious pockets-who are
alleged to be ready with anywhere from $780,
O0O,0 900 to 800, 900, 900 of capital to build the
projected tra~ns-continental lines, starting
from everywhere and leading to everywhere,
~gfidironing the earth in all directions like
the lines of longitude and latitude OH a Mer-
Gator map; there will then be only $500. 000,-
900 more to be provided. We know that Mr..
Kennedy himself says that it has not been
determined yet whether the roads shall be
broad standard or narrow-guage; and in re-
atty all is without form and void, and is
likely to continue so until these twelve
hired spirits move over the chaos,
and evolve one million of dol
lars out of ''the peoples pockets,
when the whole business is to take shape,
We know a number of other things in con-
nection with this Peoples railway scheme.
We know there are pames of subscribers to
its stock who say they have neither sub
scribed nor paid a dollar; we know there are
names used as officers and directors the bear
ers of which say they have never authorized
their use, know little or nothing of the
scheme, and repudiate it with scorn and con-
tempt, while others do not consider it even
necessary to take the trouble to speak or
write a remuneration of the measure. 1t may
be, after all, that the Journals knowledge is
not SO superficial as Mr.. Kennedy thinks
it is.
But it is not necessary to waste words
over the matter. Mr.. Kennedy has not been
personally attacked by the Journal; neither
has be or his scheme been treated to "yitu-
peration" or Misrepresentation" Indeed,
the Journal has not written a half
lCOluiuu dDOuL tHe IuluSi All IOlu,
until the present time. We have
been contentto reprint the comments of the
press of the State and country, which show
that every where, and by all classes, the Peo-
pies Railway project has been received
with ridicule. We believe the scheme to be
as wild and impracticable and hare-brained
as any that could be coined in the. brain of
the veriest ~lunatic, and our only purpose has
been TO warn the honest and welllmean-
ing men, who may be misled by its fair
promises, that, like all other of these phan-
tom paper schemes, the probability is it will
go little or no further than the payment of
the first or second assessment, and the dis
bursement of the first moneys raised to pay
the salaries and expenses OF the ten thousand
dollar officers, which maximum sum, it may
not be too much to say, will be regarded by
any business man as fully compensatory for
the talent and experience andinf1unce appear
before, if anybody, after a full and fair inves-
tigation of the matter, wants to pay $3.50 or
$3.50 or $500, it is all right. For men
who hold their money so lightly, and are
ready to invest it in such pale and paltry
moonshine, we have no care. But we do
care for the many who, with a strange
faulty, can always be found to bite at the
barest hook. ai.s tns