This proposed railroad was one clearly destined to be of the utmost consequence to Cairo and to the region through which the line must run. The method by which it was planned to secure its construction, was the one then in general use throughout the West. It may be simply explained. Everybody concerned was asked to subscribe to what might properly have been called an inducement fund. The subscriptions were meant to be gifts made to secure the benefit of the railroad's construction. More important than these personal subscriptions, and vastly greater in amount, were the subscriptions of counties, cities, and towns. Under the law as it then existed each county, city, or town, if its people so voted, could "lend its credit" to an enterprise of this kind by issuing its own bonds. When a suffic

