Rensselaer Republican, Volume 24, Number 43, Rensselaer, Jasper County, 23 June 1892 — President Thomas’s Inspection Trip. [ARTICLE]

President Thomas’s Inspection Trip.

Samuel Thomas, president; W. H. McDoel, general manager, and Sumner Collins, general superintendent of the L. N. A. <fc C., completed their inspection of the Monon system yesterday, arriving at Indianapolis about noon, Mr. Thohias in the afternoon leaving for New York. He said he was greatly pleased with the improvement which had been made to the property in the last few months. He could see marked improvement to the road-bed since he last rode over it. He.stated that the company had set aside $1,000,000 to be expended this year in improvements to the road-bed and its equipment. The company has purchased already several thousand tons of heavy steel and 200,000 cross-ties, which are already under the track; a large sum had been spent in renewing bridges; several hundred freight cars had been purchased, and also twelve fine passenger coaches apd twelve engines. This was all the equipment which would be purchased this year, the bulk of the money for the next eighteen months going into the road-bed, renewing bridges and bettering terminals at Indianapolis and otherLpoints. He spoke very highly of Mr. McDoel's management of the property and the remarkable gain in earnings shown each month, and was satisfied that this was the forerunner of still better things. He addedjthat he hoped to have another million dollars for improvements to the property in 1893.—Indianapolis Journal. f