Jasper County Democrat, Volume 14, Number 88, Rensselaer, Jasper County, 14 February 1912 — Reason Why Purtelle Failed. [ARTICLE]

Reason Why Purtelle Failed.

If interurban railroads could be buiilit without money enough in sight to pay preliminary. expenses, including the cost of constructing the roadbed, many such roads would be I l> promoted. The man or organization of men, who promotes an interurban railway, to succeed must be provided with enough means to carry on the preliminary work. The company organized to build an interurban railway must be able also to satisfactorily establish .the proposition .that' the projected roads runs through .a region that gives certain promise of profitable patro iage. Money can not be obtained td finance a road that does not! give promise of paying more than! operating expenses. This is .the' reason why Mr. Purtelle can not finance the projected road from Logansport to Chicago. . It is not regarded as a feasible proposition because it runs through a sparsely inhabited region between Remington and Hammond. —-Logansport Pharos.