Rensselaer Union, Volume 6, Number 33, Rensselaer, Jasper County, 7 May 1874 — Railroad prospect. [ARTICLE]

Railroad prospect.

A letter has been received here which was read before an informal gathering at J. W. Vi ant’s Thurs- ■ day evening, in reference to our railroad prospects, from W. S. Haymond, PresidJ!it of the C. A S. A. R. R. We consider our prospects very encouraging indeed.An election was held in Monticello in aid of the project last Saturday with the most favorable results, ■ only thirty votes out of several 1 hundred being east against approI printing aid. In refering so the repeated failures in securing a railroad by the people of While and j Carroll counties, President Haymond says : “Our people and those of Carroll county have voted as often as any ■ others, and have made as great or I greater efforts to secure this road, but they will not permit past failures to discourage them in the present emergency.” We append further: “The status of the company is I entirely different from what it has ever been heretofore. We have ! nothing to do-with tire past. We have started out de novo, and projected our scheme on a vastly i more extensive scale. It is not now merely an Indianapolis, Delphi I A Chicago Railroad that we are trying to build, but a great national highway from Chicago to the South Atlantic. The former is owned by the latter, and is only a link in the great chain. Under the former organization of the I. D. A C. R. R., the counties and people were called upon to ..vote aid and subscribe stock before the scheme had received the endorsement of capitalists, or even the favorable notice of any construction company. Now the whole | matter is reversed, as we have the co-operation of capitalists and responsible bankers as our financial agents, who are ready’ to aid the worn as soon as the subsidies heretofore promised by the people interested in the road have been raised. • “I believe Jasper county will do her part, as I am in correspondence with some of her leading men, who assure me that she will do her full duty. “I will say to you on behalf of j the company, that your people shall have a fair chance, and no deception shall be practised upon them. “No attempt will be made to WM stock on any rival route, or any action looking to the adoption of any other line, until we learn whether your people are willing to do the fair thing. If they will do what you have heretofore I informed me they would do, or < something near it, you will be in 1 no danger of losing the road. — ' Whatever they do, as the matter i now stands, must be accomplished ■ before the last of June.” The letter further states that our ; chances are very good for the road ; even if it should pass eight miles east of Rensselaer. It says : “By running to Lbwell we will avoid competition “and - compl ic ati on wi th the numerous lines near the- lake.”' We hope before our next issue that our people will have made a telling move in the matter. The news of late has tended to inspire all of us with high hopes.— Lowell Star.