The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1905-12-29
WILL Be DEPOSED
FROM RAILROADS
Walsh VIII be Kicked Out As
Result Of lnve tigation
VALUES AT The LOWEST
WHERE THOUSANDS WERE m.
VESTED-cLEARiNG HOUSE
COMMITTEE ON TOUR or
INSPECTION.

Terre Haute, Ind. Dec. 2S-Tha
members of the Chicago Clearing
House committee, who have been max
Ing a "trip of inspection over the lines
of the Southern Indiana Railroad to-
day probably wilk not tolerate John R,
Walsh In the management Of the sys,
tenn. The bankers left for Chicago to
night, refusing to- be interviewed but
enough is known of their opinions to
warrant the foregoing declaration.
Here the members Of the Clearing
House committee found commodous
roundhcuse, fine railroad yards, a belt
railroad of little use except for storage
purposes and acres Of unoccupied land
that may be put to future use by the
railway company, but which possesses
at this time no productive value.
From Blackhawk station TO Linton
they saw numerous coal tipples and a
we'll developed ceal mining district.
All along the line they found idle coal
cars In great numbers standing on
side tracks.
Find Abandoned Railroad Grade.
Leaving Linton and crossing While
River near Elnora the financiers found
a poor, hilly country. with nothing 10
give much support to railroad At
Indian Springs station they saw an
abandoned railroad grade, upon which
$4,000 had been expended. The bank.
ere were told there were many other
such abandoned grades. They saw at
distance the site of the imaginary
water places called lncian Springs aud
Trinity Springs, with thousand acres
Of land apperta!ning to them. the title
Of which is not In the railroad com,
pany,
AT BlaclSbawk the committee inspect
cd the point Of connection for tfe
indianapolis branch, tho right OF way
for which has cost hundre J, OF thcn.
sands of dollars, but VII N must be
abandoned az useless. rhe bankers
were informed that a. indianapolis
extensive terminal grounds had been
purchased, but not pad for. This
tract must also be abandoned II the
branch Is not built
Realty Found to Be valueIsss.
The financiers were told that al
Greensburg land and lots that cost
Walsh $4,000 are vacant. are OF but
'sriains 1eafsvslue handIsdf nd value 10
the railroad system
At Bedford were discovered dozens
Of winding sidetracks. fine stone shops
and the magnificent stone station that
cost $4,000, whereas $4,000 station
would have served the purpose. Acres
Of unoceupled railroad lands that had
been purchased at excessive prices
were also pointed out to the commit.
tee. The financiars found the noted
and costly Bodenschatz switch. that
leads TO an abandoned stone quarry
and forms the connecting link between
the Southern Indiana and the ele.
gantly.built and 'ghlyincumbered
Bedford Belt Railroad, that is owned
by Walsh independently cf the South
ern Indiana and is not covered by It's
mortgages.
Palstlal Clubhouse is Seen.
Passing over this belt railroad to the
Olitlic quarrles. the financiers found
evidences OF the most lavish expendl-
ture Of money and among other things
a palaiial clubhouse. having the luxur.
les of musical instruments and choice
wines and liquors for use In entertain
ing occasional guests who Wish TO pur.
chase stone Il Is prime -pally used
(Concluded on Fourth Pagel