Alexandria Gazette

The Legislature of Indiana is about to enter with an enlarged and liberal spirit into the development of its internal resources. We learn from a western paper that a select Committee of thirteen has been appointed in that body to report a bill 'authorizing the Canal fund Commissioners to borrow on the faith of the State of Indiana, one million four hundred thousand dollars, at an interest of the same shall not exceed 4½ per cent. per annum, reimburseable any time after thirty years within fifty years, pledging the three per cent fund for the payment of the interest on the sum borrowed, to be advanced as needed in the construction of Rail Roads to and from the following places to wit: From Evansville to Lafayette $200,000; from Lafayette to Michigan City 200,000; from Madison to Indianapolis 150,000; from Indianapolis to Lafayette 150,000; from or near the Falls of Ohio to a point of intersection at the Madison and Indianapolis rail road near Columbus 100,000; from Lawrenceburgh to Indianapolis 150,000; from New Albany to Terre Haute 180,000; from Leavenworth to a point of intersection on the New Albany and Terre Haute rail road, at or near where the same may cross the east fork of White River $70,000; from Connersville to the county seat of Huntington $200,000.' The Indianapolis Journal of the 6th inst., says, that the Committee are likely to agree upon a Bill, and that it will soon be reported.