The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-03-19
General News.

There Is a report that the Iron Mountain will
guarantee the Wabash bonds
Its said that 600 miles or railway are
booked for building in Michigan this year.
The Chicago & Atlantic has just closed con-
tract for forty SIX new engines, which arc to be
completed speedily as possible
General Manager FELTON,, of the New York g.
New England railroad, has notified its employees
that the trusteens OF their wages three times
will warrant their immediate dismissal.
The Erie management, which is noted for the
interest it takes in its employees has converted
large room i'll one of its buildings at Hornells-
VILE into IA dormitOry where it's engineers and
hremen may rest while waiting at that place.
The New England Expressmen'5 League IS one
OF the most flOurlshing associations in the conn
try. Last week they held their ANIMAL meeting
in Boston, some 300 delegates were present
After the meeting was over they partoOk OF q
grand dinner, and there were number of prom
inent business men OF New England present. on
Invitation. 1t might he well for expire ssmen IA
the West to organize such an association. Indt-
annapolis is the home of some 300 eXpressmen
who would profit by being members OF such a
league.
NO STRAIGHT IINE-THE PROJECT KILLED.
So much interest has been shown the last few
days in the new deal with the indianapolis &
Evansville Straight Line project that the rail
road reporter OF the Journal, last Saturday,
made it his special work TO find out the real
situation. Visiting Terre Haute, he at once
hunted up JOsephus COllett, tho Leading man In
the syndicate which has recently purchased
the partially-built road. The question was put
directly to Mr.. Collect, evil this road ever be
built through to Indianapoisl"
"No SIR" was his prompt reply.
swell, what do you propose to do?"
ave propose to bnlld nifty miles of road be-
tween Washington, Ind., aud Brazil, Ind. The
same parties who own the Chicago ~ Eastern
illinois, which now has road INTO Brazil, own
the Hervay road. We have PROMISED to Pres
dent McKeen OF the Vandalia to JON hands with
us and build this fifty miles OF road, as II
will be feeder for him as well as fol
the Chicago & Eastern Illinois.
"Has Mr.. McKeen agreed to take hold OF the
enerprise2"
''Well, he has iutmated that he would, but hL:
not given a decided answer"
"When will the work begin2"
"We have q surveying corps in the field now
and hone to build it this summer"
The same parties remarked 10 the reporter:
ssWhO own the Chicago IL Eastern Illinois
own tine Evansville & Terre Haute, ana why dc
you build parallel lineP
ave have two reasons: Self-pr0tectiOn Is one
II we don't build 1t some one else will. Second
II will pass through good country now without
railroad facilities"
at has been ntimated that you had made
proposition TO the Pennsylvania people to buy
the indianapolis g. Vincennes road. Is there any
truth in that reporI3
mo, sir. We have made no proposition of tha
character. Mr. Maekey did remark TO Presden
Roberts that IL they wUnld sci
the road at a reasonable price tn,
Mackey, Coliett & Co. syndicate would purchas,
1t, but the bonded debt WIS very heavy ON tho
e. ", and O purchaser eould not aford 10 pay
for the property more than sc per cent, II they
could more than 90 per cent. OF the bonded
debt; but there no Likelihood that they
would purchase IL, but doubtless "a tratiis agree
1nent would be entered into, us the extension o.