Jasper County Democrat, Volume 12, Number 89, Rensselaer, Jasper County, 19 February 1910 — ONE PRECINCT FOR THE SUBSIDY In the Three White County Elections Held Monday. [ARTICLE]
ONE PRECINCT FOR THE SUBSIDY In the Three White County Elections Held Monday.
MAJORITY THERE WAS RUT 8 Railroad Promotors Much Depressed By Result of First Subsidy Elections Held, and Intimate That Remington, at Least, May Be Wiped Off Their Map, But If Rensselaer Is “Good” She May Continue to Hope. The official vote of the three townships in White county which voted Monday on the proposition of a subsidy of about $50,000 to the so-called Northwestern Indiana Traction Co., shows that only one of the nine precincts in the three townships favored the scheme. This precinct was No. 1, Princeton tp., in which the town of Wolcott is located, which gave 8 majority “for.” The official majorities against the subsidy, as given by the White County Democrat, were as follows: Union tp. (Monticello) 235 Honey Creek (Reynolds) 127 Princeton (Wolcott) 69
Total 431 As these were the first elections held for voting subsidies to the proposed road, the results are very disappointing to the promotors, and it is said that the surveying party who have been working near Rensselaer to some extent lately, have been sent down about Crawfordsville, and the old gag, about building on some other route and leaving Remington and Rensselaer out in the cold, is being talked—unless we all become good and vote a subsidy, it is presumed. There is no need to worry over this sort of talk, however. If an electric road is ever built through this section —and it will be some time, we believe—.it cannot afford to miss two of the best towns and best territory on the whole line* because a few thousand dollars subsidy is denied them. Such chatter is not worth repeating for it is mere buncomb. Railroad corporations are not looking altogether for subsidies. If the people are foolish enough to vote them several hundred thousand dollars, why they are just that much ahead. But the future cuts some figure as well as the preesnt. By the way, it is reported that this comuany has issued bonds and placed same upon the market and a mortgage securing the bonds has been placed on record. So far as we have learned no right-of-way at all has been secured except the franchises through several incorporated towns, and as it has no lines built nor any rolling stock or equipment, it would be interesting to learn what it is mortgaging, whether blue sky or something more tangible.
