Ypsilanti sentinel. [volume] (Ypsilanti, Washtenaw Co., Mich.) 1843-1900, 1846-09-09
THE CENTRAL RAILROAD.

THE CENTRAL RAILROAD.
Mr.. Brooks, the agent of the Boston Corporaters,
has put forth pamphlet upon the merits of the Mich
igan Central Railroad as an investment for Eastern
Capitalists.
This document is singlary discordant with the rep
reservations we have been accustomed to hear, at
times in regard to the capacity of the Road to pro-
duce revenue. Mr.. Brooks estimates the entire
cost of purchasing, demonstrating and finishing
the road to ST. Joseph and put the requisite Stock
at $4,050,OOO.
Taking the business of 1S45 as data, exclusive of
the United States mail, and without regard to in
crease ofbusness the of the road is estima
ted at 1886, 740; expense of running, 1922 2O4 nett
$6ll,542. This estimate is based on the local bust
of the road alone. Passengers and freight thro
not taken into the account. Here is statement
from person DESTROYS of purchasing, and it af-
fords cutting rebuke to those anxious to sell
glue a,cay the State property. What a revenue
would thus in few years, be constantly accruing for
the promotion of learning of arts, for the mprov-
ment of rivers and Harbors, in default of their being
improved by the general government; for the bull
ding of other roads to afford outlets and nets to the
parts of the State not SO we'll favored. Or if these
things should not be judged expedient how rer5
cheaplv. could our immense commerce be brought
and carried, and yet the toll it revenue suf-
cient for the economical administration of the Gov
eminent, while the remainder now to be taken by a
chartered monopoly, would rest in the pockets of the
tiller of the soil.
All this could have been secured by patriotism and
honesty, but is now lost probably, by a too ready
credence OF the pretensons of demagogues.
We believe that could the people see their true in
terest in this matter they would turn out masse
and by force prevent the surrender of the road by the
State. We speak our honest convictions, upon a
full view Of the If they would avoid grinding
taxation to build marble palaces in Boston and New
York. besides the annual visits of their taxgath-
erers, they must hold on to their ocn property and
appoint stewards who will manage it for their benefit
We would ask the :'True Democrat and Michigan
Argus if that print has been discontinued at any
time within the year past. There seems to be some
misunderstanding about the matter, and we ask the
question: to be able to answer the many queries
of oLr friends orrcctly.-Patriot.
In answer to the above, from friend of the Pat
riot we have to say that paper has not been dis
continued or stopped for single day for several years.
Some nine months ago the name i0ds changed from
the Michigan Argus to the True Democrat. This
is all the dscontnuance which has taken place.
This number constitutes mo. 49, Vol. of the True
Democrat" and "No. 80 Vol. A of the Michigan Ar
gus.-.4fgus.
That's just as we understood it; and we wondered
some when we saw the Tax sales in the Signal. A
little reflection, however, made the apparent.
The new ".Nichigan Argus had not been published
Ion b,I
lished long enough, but not of the right stripe
the "Signar' had been regularly published and ,cas
of the right stripe; hence the purchase.