Rensselaer Union, Volume 7, Number 21, Rensselaer, Jasper County, 11 February 1875 — RAILROAD PROSPECTS. [ARTICLE]

RAILROAD PROSPECTS.

The railroad prospects are said to highly encouraging. Col. Healey came back from the Delphi meeting last week much more favorably impressed towards those who are managing the affairs of the Chicago <fc South Atlantic railroad project, and fully convinced of their earnest, intention to complete the work they have undertaken at an early day, and also of their ability to do so, if the local aid lhey # ask is received. The company owns rights ancLfjgrachises in Chicago which are worth not less than three millious of dollars; they have done, and paid, for upwards of $50,000 of work in Lake oounty, in the construction of grades and culverts; the timbers for the bridge over the Kankakee river are on the ground and will be ready to put into place within three weeks; at Delphi $25,000 to $40,000 has been expended in grades, cutting, filling and material for the bridge across the Wabash river, while piers to support this bridge have been built up ten feet, or above high water mark, so that nothing will interfere with its completion as soon as the weather is suitable for doing masou work- We are assured by Vice President Rae, that-, within sixty days after the ground is in condition in the spring, the earth-work of the road-bed would be completed across Jasper county, contingent only upon the - people here raising the quota of local atd required of

tjiem, and that the company would be ready to follow immediately with ties and iron.,., The company has propositions from rolling mills to furnish all the iron they want | as rapidly as it can be- used, at prices and on terras more favorable than have been prevailing for many years. In conclusion, and to sum up, it was stated that, in case the local aid was raised along the fine so as not to delay work, the cars will surely be running over the road from Chicago to Delphi via Rensselaer before the first day of January, 1876; -Since the meeting at Delphi, the Board of Commissioners of Carroll county have ordered elections to be held on the 6th day of March, in Clay, Deer Creek, Madison, Tippecanoe and Jefferson townships to vote upon a proposition to levy taxes in each of them for the benefit of this railroad to the aggregate amount of $70,000; and this is in addition tep $50,000 already pledged by private subscription in that county. People of Jasper county will be required to fill up their quota of donations for this enterprise to $75,000; about $38,000 has already been raised by private subscription and tax, leaving a balance of $37,000 yet to be provided for. How shall this be secured?