The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1849-08-31
8 Al RnIIrOnd.

a
county subscription to the Railroad may
be summed up in this one-'Priyaie
property ought not to be taken forihe
public use wilhou: compensation be
made to the owner" Translate this as
the. obioctors would have you do, and
not single cent oftax could be laid up
uu the people for the support ofGoyern-
ment. Where is the compensation IN
money, the tax payer receives for the mon.
,ey he pays for State aud Couurypurposesl
The idea carried,out is perfectly ridicu,
lous.
What does the Constitution meant
Simply tBis:-ltisfor the public benefit of
Scioto, Ross, Pickaway and Fairfield
Ecouniies, that Railroad be constructed
from Portsmouth to Newark, which. with
the Mansfield Road, will connect the Riv-
er and the Lake, thus opening to these
counties Northern and Southern market
winter aud summer. To do this il. is
necessary that the property OF private
citizens shall be taken. upon which TO
build the Road But where the damage
is heavy, it is not right that these indi'
Ividuals should bear the entire loss, aud
1.-The Constitution steps in and says that a
compensation shall be made to them.
This is simple illustration, sufficient to
do away with the objection. We might
adduce others, but it is unnecessary. We
have different purpose in view, in wri,
ting this article.
| ShaHthe c0unty subscribe stock 10 con-
lSt,uct the Road?
This is most important question--lm'
Iportant to us aud to those who may come
after us. We will examine il first in the
most unfavorable light. #7s
We put the question TO the voters ot
this county, if it were in their power to
say, whether the public works ofthe State
should be abandoned, OF they pay the tax
necessary TO satisfy the demands ofinter'
est upon the public debt, which would
they prefer2 Our ancestors are blamed
by these opponents of public improve
men;, because they borrowed money Il
, make canals, They worked for them
/ selves and for us. Have we been bene
fitted! Aye, is the response OF evory man
unl no tax payer would be willing to Civ
! up the advantages Of these public works
though the tax were doubled. Instea
of costing the people Of the State any
;, thing, they have been benefited million
| upon millions of dollars in the shape ,
e advance prices for the products of the
| labor.
i. Now suppose for a moment that this II
tended Railroad would not yield sing
p per centum of revenue, and that the inle
l. esl upon the money borrowed to constru'
"a il. would have to be paid annually.
If Take an individual case. A. give
n $500 towards its construction. The il
), terest upon this is $50 annually. Th
II person, who gives this amount, will b
S worth say $4,000. He owns a farm
100 acres. He raises annually for ma
u ket 100 bushels of wheat, 200 of corn, 10
t" of oats. Let him average only five cenl
y advance in each bushel, and he has til
: additional sum Of $50. Upon butte
eggs. poultry, Sc. ho more than gets III
u other $40, and makes the advance valu
)" of his Real Estate, which cannot be lei
!" than 10 per cent. This is the worst pU
~ sible face, that we can put upon the ma
ter. .r. t
ol Take the county, Let the $1,000
% " be subscribed. Let per cent. intere
n be paid upon this sum, making 81 900 al
3 nualIy. Suppose that the products
s. the county is worth only $500, 1000 ann
y ally, and that, in prices, there will be o
: :, ly per cent advance. Whatwill be Il
a. RESULT
IS The people pay annually - 1000
l. " receive q .."l $4,000
8, Profits each year $4,000
y This is tho worst possible case for Il
70 county, and in II we say not word abo
m the advance price Of Real Estate, and Il
s. general improvement ofbusiness. Mo
NJ than that, the surplus produce of Il
49, county isnoarer double $500, ,0O0-the a
81 vance prices nearer six than three P