Rensselaer Semi-Weekly Republican, Volume 40, Number 89, Rensselaer, Jasper County, 17 July 1908 — SOME TRACTION LINE GOSSIP [ARTICLE]

SOME TRACTION LINE GOSSIP

Promoters of Proposed InditDtpolis, Chicago Electric Road Asks For Subsides—Mach Right of * Way Secured. The Indianapolis, Frankfort, Delphi & Cbicagp Traction Company has set the wheels to going and has caused much discussion in the city the past few days by asking Center township to vote a subsidy of $50,000 and Ro-s ■township $15,000 to assist" tin building the proposed road from this city to Delphi. A number of local capitalists are interested in the proposed road. The offices of this company are located in this city. In the past few months the company has succeeded in getting the right-of-way from Frankfort to Delphi and the next thing of importance on the program is to secure enough financial aid to start the cars to moving. There was a part of the right-of-way contributed to the company by residents along the road, but there has been considerable of it that has been purchased at long prices The proposition is now so well matured that work could be started id a few days on the construction if bonds could be floated that would guarantee its completion. The subsidy question will be voted upon on August 11th, and then the company can better determine its future plans. It is well known that $50,000 fron Center township and $15,000 faom Ross township will not build the road, it will do much to furthering conditions so that the company can be successfully financed. The cost of building an electric road is varrously estimated from 130,000 to $35,000 a mile, so it can be easily figured that the proposed road will cost more than $750,000 The road will run directly from this city to Rossville and from there to Pyrmont and then to Delphi. There will be a water power plant built at Pyrmont and it is said that this would enable the road to operate at the very little expense as other roads are greatly burdened with the expense of securing power.— Monticello Journal. This is the proposed traction line that, if built, will undoubt edly pass through Rensselaer.