Ypsilanti sentinel. [volume] (Ypsilanti, Washtenaw Co., Mich.) 1843-1900, 1847-02-03
Read this without Fail.

1t makes us indignant (yet thankfully to see
the exultation with which the hidden wire-wor-
kers in the sale Of the State to foreign capital
lists frequently break out.
Their triumph carries them beyond the bounds
of their prudence. and they unwittingly reveal
the fact that the people SO far as they were con-
senting to the sale of the Central Rail Road,
and so far s they supposed the terms honest'
were most misorably deceived. The following
extract we take from Detroit worthy VOL
verene recreant to the State, to the Men York
Trcbune, after praising Governor Felch, (tho'
his letter indicates him to be Whig) he thus
chuckels at the success of the money power in
securing the Central Railroad:
sln the Report of our Auditor General you
will see that the aggregate Receipts last year
from the Central Railroad were ss239,o32 To-
The new company took possession of the Road
on the 24th Septeober and the receipts up the
LIST of December were the sum OF $4,000 So,
or at the rate of S540,837 81, making an in
crease of one half as much again as that OF last
wear, THE ROAD COSTS THE COMPA-
NY AS IT STANDS, NORMALLY, 3d.
600, 600. REALLY ABOUT 0l,4OO,000: and
| THEIR PROFITS THIS YEAR ON THE
ROAD, JUST AS 1T STANDS, WOULD
EOU.fL ONE THIRD Of THE COST.
They have the best charter, distinguished
capitalist said TO me, in the English language,
except that of the East India Company, and yet
your sagacious financiers permitted the shrewd
Bostonians to secure ma oriy, indeed nearly
the whole stock. Not share can Dog be
bought at any price; the Road will be compile
| ted within two years to Lake Michigan, and
relaid with heavy II rail, and in 1850 it will
pay heavier dividends than any rail road on the
continent"
We ask the people Of Michigan to look az
that and remember the tales of "a year or two
pat. when the Road WIS represented as gcct
fer nothing md the State iasolvent. Alone,
| We Opposed as well as .ye we're ab!e this most
gigantic iraud; but we trust the d.Y will yet
come when the idea Of the ''tfichgan Central
Railroad Company" will visit tbs: of tie Uni
ted States Bank. long since gone into the in
| .eresting state Of obsoiete;ess.
Before tie saie of the Road, the State debt
was ..aver estnn sed 1t less than zs,e millions,
and there were not waiting those who placed
it at seven millions of dollars; and this too
W
| bic portion Of it. Since the sale AID since
e.lominally me million four hur1red thousa I'D
dollars" hare seen agreed Gpo.., as the price,
our deb. ssideuly sinks to ''less iha' cae G.:d q
| ka!fmilicas!'
| How rliserubly have sovereign people been
| lied TO and deceived into a tasio surrender of
themselves to the money powcr;--ihat power
which has recently avowea It's Purpose, in En-
glish prints of attempting 70 create an aristoc-
racy in this Republic.
''The best Charter in the English language,
ercept the East India Company" and OF course
the nearest like that tyrannical, disgraceful, land
bloody monopoly! But, after all, we have one
consolation, il the people are slaves at all, they
must necessarily be ceiling slaves, and God
forbid fiat we should waste our breath on men
who hug their chains.