The History of Louisville, from the Earliest Settlement till the Year 1852Casseday, Ben
History
The History of Louisville, from the Earliest Settlement till the Year 1852
Casseday, Ben
Louisville (Ky.) -- Description and travel; Louisville (Ky.) -- History
Another event bearing directly upon the prosperity of the city during the
rest of this decade was the opening of the Louisville and Frankfort
Railroad. The subject of this road had for a long time agitated the city;
many surveys had been made, and indeed the work had at one time progressed
to the actual digging and embankment of several miles of the track. The
opening of the road was finally effected by the subscription of one
million of dollars by the city herself, which was paid by a tax of one
per cent, for four years on all real estate within her limits, and this
tax was re-paid to the owners in shares of stock. Although sanctioned by
the vote of a very large majority of the citizens, this measure was for a
while a very unpopular one; but the malcontents have lately found that the
present loss was to them in the end a gain, and they are ready once more
to submit to similar taxation, if by so doing other roads can be
constructed. Indeed the subject of railroads was now eagerly taken up, and
a just and most effective feeling in their favor was taking the place of
the former apathy and indifference. The Louisville and Lexington Railroad
had opened so many new sources of wealth and developed such advantages
before unthought of, that the policy of stretching out iron arms to
embrace in their circle all possible resources was no longer doubted.
Acting upon this feeling, the people of Louisville united with those of
Jeffersonville in building a road from that point to Columbus, and with
those of New Albany in uniting that growing city with Salem. The purpose
had in view in the construction of these roads is the ultimate and not
very distant connection of Louisville, Jeffersonville and New Albany with
Lake Erie, St. Louis and Lake Michigan. The entire line of the first of
these roads is now in progress of construction, and the greater part of
the other is under contract. Beside these, a railroad hence to Nashville,
Tenn., is now being surveyed, which will unite with roads already partly
under operation leading to some point on the Atlantic coast, near
Charleston, S. C. The Louisville and Nashville end of this route will be
put under contract as soon as proper surveys can be established. Other
roads are had in contemplation, but nothing has yet been done toward their
construction. The effect of these improvements will be the subject of
notice in another chapter.
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