Rensselaer Semi-Weekly Republican, Volume 39, Number 86, Rensselaer, Jasper County, 2 July 1907 — MEW SIGNS OF LIFE IN THE C. I. & E. [ARTICLE]

MEW SIGNS OF LIFE IN THE C. I. & E.

The following from the Railway World, of Buffalo, N. Y., concerns a big railroad project in Indiana »bont which a great deal was said and published *wo or three years ago. Its proposed main line runs thru the northeast part of Jasper county, and has been fully surveyed. The survey runs in a north west and southeast direction, and touches Whetfield and The Railway paper’s article is as follows: “William Kenefick of Kansas City has succeeded in financing the Chicago, Indianapolis & Evansville to the extent of. $15,000,000 the money being obtained on a mortgage to the Western Trust and Saving Company ofChicag r *. This assures the building of the road by the Carter Construction Company of which John B. Carter is presi dent. The line is to run the entire length of Indiana, tapping rich coal, stone and oil territory. The main line will extend from Evansville, Ind., to Chicago, touch ing Indianapolis with branchts from Crown Point to Gary, from Logansport to South Bend, and Boonesville to Owensboro, Ky. The principal terminal of the road will be at Garwhere a big plant is to be completed next year by tl e United States Steel Corporation. The new road will enter Chicago over the Chicago Belt Railroad ou equal terms with the other Chicago railroads.” To this the Register, of Crown Point, which town is also on the route, adds the following: It is thought in some quarters, however, that the above line is to lbe built only from Indianapolis to Kokomo for the Pennsylvania railiroad. The latter company is now I using the tracks of the Lake Erie & I Western for running its trains beI tween those two cities, and, sin<e the lease expired next year, and cannot be renewed, ihe Peunsyl ▼auia mast of necessity have a line of it own. The city of Indianapolis has granted its richest franchise to the new company, which will be required to elevate its tracks thru the cifc£. But the Pennsylvania itself could never have obtained this valuable fianchise, so the scheme as arranged for the above named ro id was adopted, with success. While the people of the section of country thru which the proposed Chicago, Indianapolis and Evansville road will pass are filled with hope, they can not be sure of its construction until the contractor begins work south of Indianapolis and north of Logansport. It is known that the sum of $15,000,000 will Dot build and equip a very long railroad, and especially one that is featured to be the three-tenths oi one per cent grade with a maximum curvature of three degrees, making it the only low grade line in the state!